Benchmark Community Bank closing costs and rates (2024)
In 2024, Benchmark Community Bank originated 151 purchase mortgages at a median interest rate of 6.94% and median total closing costs of $3,418. That is $3,323 below the national median of $6,741. Benchmark Community Bank is most active in Virginia with 117 originations there.
Purchase Originations
151
Median Total Costs
$3,418
−49.3% vs national ($6,741)
Median Rate
6.940%
+4.8% vs national (6.620%)
Median Origination
$1,475
Median Lender Credits
$27
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 151 | 6.940% | $3,418 | $1,475 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 117 | 6.940% | $3,686 | #121 |
| North Carolina | 34 | 6.790% | $94 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $94 | 6.990% | — | 9 | −$3,324 | |
| 2 | $94 | 6.790% | — | 5 | −$3,324 | |
| 3 | $94 | 6.765% | — | 4 | −$3,324 | |
| 4 | $94 | 6.290% | — | 3 | −$3,324 | |
| 5 | $94 | 6.740% | — | 1 | −$3,324 | |
| 6 | $1,522 | 7.040% | — | 6 | −$1,896 | |
| 7 | $1,658 | 6.590% | — | 2 | −$1,760 | |
| 8 | $2,360 | 7.107% | — | 2 | −$1,058 | |
| 9 | $2,530 | 6.640% | — | 1 | −$888 | |
| 10 | $3,071 | 6.665% | — | 6 | −$347 | |
| 11 | $3,180 | 7.490% | — | 3 | −$238 | |
| 12 | $3,449 | 7.000% | — | 17 | +$31 | |
| 13 | $3,557 | 7.140% | — | 23 | +$139 | |
| 14 | $3,743 | 6.940% | — | 35 | +$325 | |
| 15 | $3,974 | 6.874% | — | 2 | +$556 | |
| 16 | $4,043 | 7.490% | — | 2 | +$625 | |
| 17 | $4,083 | 6.940% | — | 5 | +$665 | |
| 18 | $4,215 | 6.940% | — | 12 | +$797 | |
| 19 | $4,684 | 6.890% | — | 3 | +$1,266 | |
| 20 | $5,958 | 6.790% | — | 1 | +$2,540 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.