Colorado Federal Savings Bank closing costs and rates (2024)
In 2024, Colorado Federal Savings Bank originated 699 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $4,575. That ranks #509 nationally by origination volume. For total closing costs among lenders with 500+ originations, Colorado Federal Savings Bank ranks #163. That is $2,166 below the national median of $6,741. Colorado Federal Savings Bank is most active in Massachusetts with 139 originations there.
Purchase Originations
699
Ranked #509 nationally
Median Total Costs
$4,575
−32.1% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,288
Median Lender Credits
$579
Cost Rank (500+ vol.)
#163
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 699 | 6.500% | $4,575 | $1,288 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 139 | 6.625% | $4,635 | #72 |
| Alabama | 134 | 6.500% | $3,560 | #69 |
| New York | 99 | 6.500% | $7,188 | #120 |
| Delaware | 76 | 6.812% | $5,129 | #32 |
| Louisiana | 64 | 6.500% | $4,412 | #67 |
| Colorado | 55 | 6.500% | $3,284 | #137 |
| New Mexico | 25 | 6.875% | $5,290 | — |
| Arkansas | 22 | 6.250% | $3,137 | — |
| Rhode Island | 20 | 6.812% | $4,129 | — |
| New Hampshire | 16 | 6.500% | $4,235 | — |
| Hawaii | 14 | 6.750% | $9,253 | — |
| Montana | 11 | 6.500% | $6,950 | — |
| Mississippi | 7 | 6.500% | $4,487 | — |
| Nebraska | 5 | 6.375% | $6,006 | — |
| Wyoming | 5 | 6.500% | $3,742 | — |
| Iowa | 4 | 5.938% | $5,220 | — |
| District of Columbia | 1 | 6.375% | $4,209 | — |
| Maine | 1 | 7.125% | $3,132 | — |
| West Virginia | 1 | 6.125% | $3,843 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,655 | 6.500% | — | 15 | −$1,920 | |
| 2 | $3,092 | 6.250% | — | 16 | −$1,483 | |
| 3 | $3,099 | 6.500% | — | 45 | −$1,476 | |
| 4 | $3,270 | 6.375% | — | 18 | −$1,305 | |
| 5 | $3,674 | 6.375% | — | 11 | −$901 | |
| 6 | $3,835 | 6.625% | — | 12 | −$740 | |
| 7 | $4,166 | 6.562% | — | 12 | −$409 | |
| 8 | $4,525 | 6.500% | — | 35 | −$50 | |
| 9 | $4,642 | 6.500% | — | 24 | +$67 | |
| 10 | $4,703 | 6.375% | — | 15 | +$128 | |
| 11 | $4,748 | 6.875% | — | 33 | +$173 | |
| 12 | $4,780 | 6.438% | — | 14 | +$205 | |
| 13 | $5,206 | 6.500% | — | 11 | +$631 | |
| 14 | $5,244 | 6.625% | — | 17 | +$669 | |
| 15 | $5,274 | 6.875% | — | 37 | +$699 | |
| 16 | $5,441 | 6.500% | — | 16 | +$866 | |
| 17 | $5,481 | 6.625% | — | 21 | +$906 | |
| 18 | $5,558 | 6.875% | — | 15 | +$983 | |
| 19 | $6,169 | 6.875% | — | 20 | +$1,594 | |
| 20 | $6,682 | 6.500% | — | 21 | +$2,107 |
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.