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Customers Bank closing costs and rates (2024)

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In 2024, Customers Bank originated 236 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $4,077. That is $2,664 below the national median of $6,741. Customers Bank is most active in Pennsylvania with 230 originations there.

Purchase Originations

236

Median Total Costs

$4,077

−39.5% vs national ($6,741)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$795

Median Lender Credits

$36

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1796.500%$3,829$700
fha566.250%$7,505$795

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Pennsylvania2306.500%$4,072#94
New Jersey45.933%$5,365
Florida16.000%$9,599
New York16.250%$9,760

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,7126.188%4−$365
2$3,7126.500%1−$365
3$3,7706.000%3−$307
4$3,8746.375%1−$203
5$4,0436.500%130−$34
6$4,0766.375%73−$1
7$4,7065.990%1+$629
8$4,9566.245%6+$879
9$5,1706.438%4+$1,093
10$5,2746.000%2+$1,197
11$5,2815.875%3+$1,204
12$6,0245.875%1+$1,947
13$6,5065.750%1+$2,429
14$7,0446.000%1+$2,967
15$7,7516.438%2+$3,674
16$9,1996.000%1+$5,122
17$9,5996.000%1+$5,522
18$9,7606.250%1+$5,683

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.