Central Bank closing costs and rates (2024)
In 2024, Central Bank originated 601 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $4,433. That ranks #566 nationally by origination volume. For total closing costs among lenders with 500+ originations, Central Bank ranks #155. That is $2,308 below the national median of $6,741. Central Bank is most active in Iowa with 441 originations there.
Purchase Originations
601
Ranked #566 nationally
Median Total Costs
$4,433
−34.2% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$2,408
Median Lender Credits
$225
Cost Rank (500+ vol.)
#155
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 564 | 6.375% | $4,366 | $2,418 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,582 | 6.250% | — | 73 | −$1,851 | |
| 2 | $2,642 | 6.375% | — | 27 | −$1,791 | |
| 3 | $2,790 | 6.625% | — | 4 | −$1,643 | |
| 4 | $2,798 | 6.625% | — | 5 | −$1,635 | |
| 5 | $3,256 | 6.000% | — | 5 | −$1,177 | |
| 6 | $3,545 | 6.375% | — | 4 | −$888 | |
| 7 | $3,646 | 6.500% | — | 14 | −$787 | |
| 8 | $3,786 | 6.308% | — | 6 | −$647 | |
| 9 | $3,808 | 6.375% | — | 11 | −$625 | |
| 10 | $3,880 | 6.312% | — | 8 | −$553 | |
| 11 | $3,934 | 6.250% | — | 63 | −$499 | |
| 12 | $4,086 | 6.625% | — | 6 | −$347 | |
| 13 | $4,281 | 6.375% | — | 40 | −$152 | |
| 14 | $4,740 | 6.500% | — | 28 | +$307 | |
| 15 | $4,754 | 6.625% | — | 14 | +$321 | |
| 16 | $4,886 | 6.375% | — | 139 | +$453 | |
| 17 | $4,949 | 6.125% | — | 40 | +$516 | |
| 18 | $5,200 | 6.125% | — | 25 | +$767 | |
| 19 | $5,362 | 6.500% | — | 22 | +$929 | |
| 20 | $5,661 | 6.500% | — | 23 | +$1,228 |
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.