CONTINENTAL MORTGAGE BANKERS, INC. closing costs and rates (2024)
In 2024, CONTINENTAL MORTGAGE BANKERS, INC. originated 114 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $11,948. That is $5,207 above the national median of $6,741. CONTINENTAL MORTGAGE BANKERS, INC. is most active in New York with 106 originations there.
Purchase Originations
114
Median Total Costs
$11,948
+77.2% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$7,100
Median Lender Credits
$102
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 92 | 6.875% | $11,072 | $6,967 |
| fha | 21 | 6.625% | $22,270 | $7,880 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 106 | 6.750% | $11,509 | #118 |
| Connecticut | 8 | 6.375% | $18,187 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $8,622 | 7.058% | — | 2 | −$3,326 | |
| 2 | $9,395 | 6.875% | — | 1 | −$2,553 | |
| 3 | $9,543 | 6.875% | — | 4 | −$2,405 | |
| 4 | $10,338 | 7.000% | — | 7 | −$1,610 | |
| 5 | $11,078 | 6.750% | — | 56 | −$870 | |
| 6 | $11,345 | 6.625% | — | 2 | −$603 | |
| 7 | $12,114 | 6.875% | — | 1 | +$166 | |
| 8 | $12,182 | 6.750% | — | 28 | +$234 | |
| 9 | $18,187 | 6.375% | — | 2 | +$6,239 | |
| 10 | $20,534 | 6.625% | — | 1 | +$8,586 | |
| 11 | $20,741 | 6.750% | — | 5 | +$8,793 | |
| 12 | $23,090 | 6.490% | — | 1 | +$11,142 | |
| 13 | $23,327 | 5.875% | — | 3 | +$11,379 | |
| 14 | $24,001 | 6.625% | — | 1 | +$12,053 |
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.