BLACK HILLS FEDERAL CREDIT UNION closing costs and rates (2024)
In 2024, BLACK HILLS FEDERAL CREDIT UNION originated 264 purchase mortgages at a median interest rate of 6.31% and median total closing costs of $6,226. That is $515 below the national median of $6,741. BLACK HILLS FEDERAL CREDIT UNION is most active in South Dakota with 239 originations there.
Purchase Originations
264
Median Total Costs
$6,226
−7.6% vs national ($6,741)
Median Rate
6.312%
−4.7% vs national (6.620%)
Median Origination
$3,412
Median Lender Credits
$600
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 198 | 6.375% | $5,711 | $3,638 |
| fha | 41 | 6.125% | $7,821 | $995 |
| va | 24 | 5.750% | $6,601 | $2,388 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 239 | 6.375% | $6,240 | #8 |
| Minnesota | 5 | 6.375% | $5,150 | — |
| Montana | 4 | 6.500% | $10,016 | — |
| Wyoming | 4 | 5.812% | $4,233 | — |
| Iowa | 2 | 6.000% | $7,486 | — |
| Nebraska | 2 | 6.312% | $5,323 | — |
| Washington | 2 | 6.187% | $10,374 | — |
| Arizona | 1 | 5.875% | $5,900 | — |
| California | 1 | 6.000% | $8,788 | — |
| Kansas | 1 | 6.124% | $4,622 | — |
| North Dakota | 1 | 5.750% | $3,539 | — |
| New Mexico | 1 | 6.250% | $4,930 | — |
| Utah | 1 | 6.375% | $9,953 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,721 | 5.620% | — | 2 | −$2,505 | |
| 2 | $3,922 | 6.000% | — | 7 | −$2,304 | |
| 3 | $4,158 | 6.058% | — | 2 | −$2,068 | |
| 4 | $4,545 | 6.250% | — | 4 | −$1,681 | |
| 5 | $4,930 | 6.250% | — | 1 | −$1,296 | |
| 6 | $5,104 | 6.000% | — | 28 | −$1,122 | |
| 7 | $5,295 | 6.375% | — | 3 | −$931 | |
| 8 | $5,321 | 6.490% | — | 17 | −$905 | |
| 9 | $5,571 | 6.000% | — | 2 | −$655 | |
| 10 | $5,868 | 5.750% | — | 2 | −$358 | |
| 11 | $5,900 | 5.875% | — | 1 | −$326 | |
| 12 | $6,109 | 6.433% | — | 4 | −$117 | |
| 13 | $6,402 | 6.375% | — | 102 | +$176 | |
| 14 | $7,029 | 6.375% | — | 25 | +$803 | |
| 15 | $7,162 | 6.375% | — | 17 | +$936 | |
| 16 | $7,267 | 5.625% | — | 2 | +$1,041 | |
| 17 | $7,554 | 6.625% | — | 3 | +$1,328 | |
| 18 | $8,788 | 6.000% | — | 1 | +$2,562 | |
| 19 | $8,940 | 5.812% | — | 2 | +$2,714 | |
| 20 | $10,239 | 6.812% | — | 8 | +$4,013 |
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.