Charter Oak Federal Credit Union closing costs and rates (2024)
In 2024, Charter Oak Federal Credit Union originated 139 purchase mortgages at a median interest rate of 5.75% and median total closing costs of $3,202. That is $3,539 below the national median of $6,741. Charter Oak Federal Credit Union is most active in Connecticut with 136 originations there.
Purchase Originations
139
Median Total Costs
$3,202
−52.5% vs national ($6,741)
Median Rate
5.750%
−13.1% vs national (6.620%)
Median Origination
$475
Median Lender Credits
$1,458
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 137 | 5.750% | $3,176 | $475 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Connecticut | 136 | 5.750% | $3,189 | #39 |
| Rhode Island | 3 | 5.750% | $3,532 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,362 | 6.250% | — | 3 | −$840 | |
| 2 | $2,983 | 6.250% | — | 58 | −$219 | |
| 3 | $2,989 | 6.000% | — | 2 | −$213 | |
| 4 | $3,081 | 6.000% | — | 9 | −$121 | |
| 5 | $3,409 | 5.750% | — | 58 | +$207 | |
| 6 | $3,510 | 6.250% | — | 5 | +$308 | |
| 7 | $3,650 | 5.750% | — | 1 | +$448 | |
| 8 | $4,087 | 5.750% | — | 2 | +$885 | |
| 9 | $5,228 | 6.000% | — | 1 | +$2,026 |
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.