CANVAS CREDIT UNION closing costs and rates (2024)
In 2024, CANVAS CREDIT UNION originated 425 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,359. That is $3,382 below the national median of $6,741. CANVAS CREDIT UNION is most active in Colorado with 423 originations there.
Purchase Originations
425
Median Total Costs
$3,359
−50.2% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$955
Median Lender Credits
$78
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 425 | 6.625% | $3,359 | $955 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Colorado | 423 | 6.625% | $3,359 | #40 |
| New Mexico | 2 | 6.375% | $2,775 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,944 | 6.688% | — | 4 | −$415 | |
| 2 | $2,956 | 6.750% | — | 31 | −$403 | |
| 3 | $2,977 | 6.875% | — | 13 | −$382 | |
| 4 | $2,998 | 6.438% | — | 12 | −$361 | |
| 5 | $3,092 | 6.562% | — | 4 | −$267 | |
| 6 | $3,292 | 6.625% | — | 53 | −$67 | |
| 7 | $3,297 | 6.812% | — | 10 | −$62 | |
| 8 | $3,351 | 6.500% | — | 1 | −$8 | |
| 9 | $3,364 | 6.625% | — | 71 | +$5 | |
| 10 | $3,395 | 6.625% | — | 66 | +$36 | |
| 11 | $3,422 | 6.750% | — | 7 | +$63 | |
| 12 | $3,544 | 6.625% | — | 48 | +$185 | |
| 13 | $3,652 | 6.562% | — | 10 | +$293 | |
| 14 | $3,720 | 6.625% | — | 79 | +$361 | |
| 15 | $4,344 | 6.875% | — | 3 | +$985 | |
| 16 | $4,520 | 6.750% | — | 2 | +$1,161 | |
| 17 | $6,438 | 7.438% | — | 2 | +$3,079 | |
| 18 | $6,869 | 7.188% | — | 2 | +$3,510 | |
| 19 | $12,158 | 6.500% | — | 1 | +$8,799 | |
| 20 | $25,964 | 6.000% | — | 1 | +$22,605 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.