Community Bank of Mississippi closing costs and rates (2024)
In 2024, Community Bank of Mississippi originated 801 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $4,541. That ranks #445 nationally by origination volume. For total closing costs among lenders with 500+ originations, Community Bank of Mississippi ranks #160. That is $2,200 below the national median of $6,741. Community Bank of Mississippi is most active in Mississippi with 649 originations there.
Purchase Originations
801
Ranked #445 nationally
Median Total Costs
$4,541
−32.6% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$1,400
Median Lender Credits
$28
Cost Rank (500+ vol.)
#160
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 559 | 7.375% | $3,987 | $1,400 |
| fha | 173 | 6.250% | $8,492 | $1,573 |
| va | 40 | 6.250% | $6,209 | $0 |
| usda | 29 | 6.250% | $4,053 | $0 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,243 | 8.150% | — | 12 | −$1,298 | |
| 2 | $3,720 | 8.000% | — | 15 | −$821 | |
| 3 | $3,878 | 7.000% | — | 37 | −$663 | |
| 4 | $3,904 | 8.250% | — | 13 | −$637 | |
| 5 | $3,993 | 6.875% | — | 16 | −$548 | |
| 6 | $4,008 | 6.625% | — | 24 | −$533 | |
| 7 | $4,092 | 7.125% | — | 85 | −$449 | |
| 8 | $4,242 | 8.000% | — | 19 | −$299 | |
| 9 | $4,384 | 7.000% | — | 32 | −$157 | |
| 10 | $4,560 | 7.125% | — | 21 | +$19 | |
| 11 | $4,583 | 6.900% | — | 23 | +$42 | |
| 12 | $4,698 | 7.250% | — | 27 | +$157 | |
| 13 | $5,079 | 6.383% | — | 34 | +$538 | |
| 14 | $5,338 | 7.375% | — | 34 | +$797 | |
| 15 | $5,479 | 6.490% | — | 12 | +$938 | |
| 16 | $5,728 | 6.490% | — | 29 | +$1,187 | |
| 17 | $5,957 | 6.582% | — | 140 | +$1,416 | |
| 18 | $6,348 | 6.625% | — | 31 | +$1,807 | |
| 19 | $6,835 | 6.688% | — | 12 | +$2,294 | |
| 20 | $7,172 | 7.000% | — | 16 | +$2,631 |
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.