Comerica Bank closing costs and rates (2024)
In 2024, Comerica Bank originated 115 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $3,761. That is $2,980 below the national median of $6,741. Comerica Bank is most active in Michigan with 61 originations there.
Purchase Originations
115
Median Total Costs
$3,761
−44.2% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$621
Median Lender Credits
$608
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 111 | 6.875% | $3,724 | $625 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Michigan | 61 | 6.990% | $3,265 | #143 |
| Texas | 33 | 6.750% | $5,428 | — |
| California | 13 | 6.500% | $7,448 | — |
| Arizona | 2 | 6.620% | $4,879 | — |
| New Mexico | 2 | 6.683% | $2,804 | — |
| Connecticut | 1 | 6.125% | $9,646 | — |
| Florida | 1 | 6.490% | $3,112 | — |
| Oklahoma | 1 | 6.125% | $3,590 | — |
| Oregon | 1 | 6.875% | $9,519 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,914 | 6.750% | — | 2 | −$847 | |
| 2 | $2,949 | 6.990% | — | 9 | −$812 | |
| 3 | $3,052 | 6.990% | — | 2 | −$709 | |
| 4 | $3,158 | 6.990% | — | 2 | −$603 | |
| 5 | $3,205 | 6.990% | — | 11 | −$556 | |
| 6 | $3,265 | 6.990% | — | 3 | −$496 | |
| 7 | $3,331 | 6.875% | — | 3 | −$430 | |
| 8 | $3,335 | 6.625% | — | 13 | −$426 | |
| 9 | $3,734 | 7.625% | — | 3 | −$27 | |
| 10 | $4,067 | 6.058% | — | 4 | +$306 | |
| 11 | $4,879 | 6.620% | — | 2 | +$1,118 | |
| 12 | $6,177 | 6.558% | — | 2 | +$2,416 | |
| 13 | $6,312 | 6.558% | — | 12 | +$2,551 | |
| 14 | $7,313 | 5.250% | — | 1 | +$3,552 | |
| 15 | $7,448 | 6.750% | — | 1 | +$3,687 | |
| 16 | $8,011 | 6.250% | — | 3 | +$4,250 | |
| 17 | $8,734 | 6.625% | — | 2 | +$4,973 | |
| 18 | $9,673 | 6.438% | — | 4 | +$5,912 | |
| 19 | $12,850 | 6.870% | — | 2 | +$9,089 | |
| 20 | $13,728 | 6.875% | — | 2 | +$9,967 |
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.