City Bank closing costs and rates (2024)
In 2024, City Bank originated 832 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $6,946. That ranks #429 nationally by origination volume. For total closing costs among lenders with 500+ originations, City Bank ranks #363. That is $205 above the national median of $6,741. City Bank is most active in Texas with 798 originations there.
Purchase Originations
832
Ranked #429 nationally
Median Total Costs
$6,946
+3.0% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,856
Median Lender Credits
$307
Cost Rank (500+ vol.)
#363
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 531 | 7.000% | $5,861 | $1,845 |
| fha | 181 | 6.625% | $10,145 | $1,717 |
| va | 117 | 6.125% | $7,087 | $2,487 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 798 | 6.750% | $6,950 | #81 |
| New Mexico | 15 | 7.375% | $5,477 | — |
| Arkansas | 2 | 8.062% | $6,693 | — |
| Arizona | 2 | 6.875% | $4,406 | — |
| Oklahoma | 2 | 6.750% | $8,905 | — |
| South Carolina | 2 | 7.062% | $10,172 | — |
| Colorado | 1 | 6.500% | $3,866 | — |
| Florida | 1 | 6.500% | $7,428 | — |
| Indiana | 1 | 7.125% | $8,125 | — |
| Kansas | 1 | 6.625% | $6,162 | — |
| Louisiana | 1 | 7.625% | $5,154 | — |
| Missouri | 1 | 6.125% | $4,229 | — |
| Nevada | 1 | 7.375% | $20,426 | — |
| Ohio | 1 | 6.125% | $11,287 | — |
| Oregon | 1 | 7.000% | $4,948 | — |
| Virginia | 1 | 7.500% | $6,008 | — |
| West Virginia | 1 | 6.750% | $6,639 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,834 | 7.375% | — | 11 | −$2,112 | |
| 2 | $5,011 | 6.875% | — | 9 | −$1,935 | |
| 3 | $5,416 | 7.000% | — | 10 | −$1,530 | |
| 4 | $5,573 | 6.375% | — | 9 | −$1,373 | |
| 5 | $5,904 | 6.875% | — | 63 | −$1,042 | |
| 6 | $6,036 | 6.750% | — | 128 | −$910 | |
| 7 | $6,088 | 7.125% | — | 6 | −$858 | |
| 8 | $6,848 | 6.150% | — | 112 | −$98 | |
| 9 | $6,889 | 6.750% | — | 75 | −$57 | |
| 10 | $6,907 | 6.750% | — | 12 | −$39 | |
| 11 | $7,180 | 6.750% | — | 19 | +$234 | |
| 12 | $7,548 | 7.000% | — | 11 | +$602 | |
| 13 | $7,838 | 6.625% | — | 15 | +$892 | |
| 14 | $7,842 | 6.625% | — | 56 | +$896 | |
| 15 | $7,852 | 6.688% | — | 24 | +$906 | |
| 16 | $7,927 | 6.875% | — | 87 | +$981 | |
| 17 | $9,037 | 7.188% | — | 8 | +$2,091 | |
| 18 | $9,622 | 6.688% | — | 6 | +$2,676 | |
| 19 | $9,631 | 6.375% | — | 22 | +$2,685 | |
| 20 | $10,483 | 6.625% | — | 11 | +$3,537 |
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.