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Columbia Bank closing costs and rates (2024)

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In 2024, Columbia Bank originated 1,228 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $7,088. That ranks #315 nationally by origination volume. For total closing costs among lenders with 500+ originations, Columbia Bank ranks #374. That is $347 above the national median of $6,741. Columbia Bank is most active in Oregon with 602 originations there.

Purchase Originations

1,228

Ranked #315 nationally

Median Total Costs

$7,088

+5.2% vs national ($6,741)

Median Rate

6.750%

+2.0% vs national (6.620%)

Median Origination

$3,834

Median Lender Credits

$375

Cost Rank (500+ vol.)

#374

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1,0936.750%$6,729$3,709
fha726.250%$14,765$5,476
va586.500%$6,960$3,486

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Oregon6026.750%$6,791#14
Washington4036.750%$7,225#36
California1386.812%$7,577#172
Idaho546.562%$7,115#67
Nevada146.375%$7,541
Arizona136.750%$6,365
Colorado25.750%$7,867
Montana26.875%$6,148

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,9117.125%20−$3,177
2$4,4366.750%32−$2,652
3$5,0516.875%21−$2,037
4$5,8896.875%30−$1,199
5$5,9106.750%44−$1,178
6$6,0666.688%30−$1,022
7$6,1366.625%44−$952
8$6,1396.812%20−$949
9$6,3596.875%25−$729
10$6,7876.875%24−$301
11$7,1076.750%85+$19
12$7,1856.750%31+$97
13$7,3596.375%21+$271
14$7,5186.500%32+$430
15$7,6916.500%75+$603
16$8,3356.375%39+$1,247
17$8,3376.688%28+$1,249
18$8,4896.500%51+$1,401
19$8,6046.500%20+$1,516
20$9,5006.875%58+$2,412

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.