Chelsea Groton Bank closing costs and rates (2024)
In 2024, Chelsea Groton Bank originated 216 purchase mortgages at a median interest rate of 6.39% and median total closing costs of $3,766. That is $2,975 below the national median of $6,741. Chelsea Groton Bank is most active in Connecticut with 208 originations there.
Purchase Originations
216
Median Total Costs
$3,766
−44.1% vs national ($6,741)
Median Rate
6.387%
−3.5% vs national (6.620%)
Median Origination
$515
Median Lender Credits
$500
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 216 | 6.387% | $3,766 | $515 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Connecticut | 208 | 6.374% | $3,760 | #29 |
| Rhode Island | 8 | 6.728% | $4,713 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,209 | 6.490% | — | 1 | −$557 | |
| 2 | $3,686 | 6.258% | — | 96 | −$80 | |
| 3 | $3,811 | 6.495% | — | 82 | +$45 | |
| 4 | $3,870 | 6.815% | — | 3 | +$104 | |
| 5 | $4,093 | 6.590% | — | 7 | +$327 | |
| 6 | $4,147 | 6.537% | — | 14 | +$381 | |
| 7 | $4,164 | 6.774% | — | 4 | +$398 | |
| 8 | $4,713 | 6.728% | — | 6 | +$947 | |
| 9 | $4,890 | 6.440% | — | 1 | +$1,124 | |
| 10 | $4,966 | 5.900% | — | 1 | +$1,200 | |
| 11 | $5,781 | 7.099% | — | 1 | +$2,015 |
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.