DEVELOPER'S MORTGAGE COMPANY closing costs and rates (2024)
In 2024, DEVELOPER'S MORTGAGE COMPANY originated 455 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $6,657. That is $84 below the national median of $6,741. DEVELOPER'S MORTGAGE COMPANY is most active in Ohio with 122 originations there.
Purchase Originations
455
Median Total Costs
$6,657
−1.3% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,665
Median Lender Credits
$65
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 308 | 6.875% | $6,409 | $2,202 |
| fha | 98 | 6.625% | $9,194 | $1,095 |
| va | 27 | 6.625% | $6,156 | $0 |
| usda | 22 | 6.375% | $3,499 | $0 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 122 | 6.500% | $4,065 | #126 |
| Pennsylvania | 81 | 6.875% | $6,807 | #172 |
| New Jersey | 79 | 6.875% | $8,825 | #120 |
| Texas | 48 | 6.625% | $8,821 | — |
| Oklahoma | 39 | 6.875% | $6,427 | — |
| Florida | 24 | 6.938% | $13,278 | — |
| West Virginia | 20 | 6.562% | $3,674 | — |
| New York | 18 | 6.375% | $11,779 | — |
| Illinois | 12 | 7.062% | $8,645 | — |
| South Carolina | 4 | 6.688% | $6,087 | — |
| North Carolina | 3 | 6.875% | $7,255 | — |
| Connecticut | 2 | 7.375% | $10,675 | — |
| Indiana | 2 | 6.625% | $7,548 | — |
| Georgia | 1 | 6.625% | $3,280 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,723 | 6.250% | — | 20 | −$2,934 | |
| 2 | $3,728 | 6.933% | — | 10 | −$2,929 | |
| 3 | $3,804 | 6.625% | — | 7 | −$2,853 | |
| 4 | $3,850 | 6.375% | — | 25 | −$2,807 | |
| 5 | $4,056 | 6.500% | — | 29 | −$2,601 | |
| 6 | $5,120 | 6.750% | — | 7 | −$1,537 | |
| 7 | $6,054 | 6.500% | — | 16 | −$603 | |
| 8 | $7,037 | 7.250% | — | 12 | +$380 | |
| 9 | $7,421 | 6.990% | — | 19 | +$764 | |
| 10 | $7,697 | 6.750% | — | 17 | +$1,040 | |
| 11 | $7,920 | 6.625% | — | 19 | +$1,263 | |
| 12 | $8,125 | 6.562% | — | 8 | +$1,468 | |
| 13 | $8,496 | 6.625% | — | 7 | +$1,839 | |
| 14 | $8,825 | 6.875% | — | 7 | +$2,168 | |
| 15 | $8,913 | 7.375% | — | 9 | +$2,256 | |
| 16 | $9,727 | 6.750% | — | 6 | +$3,070 | |
| 17 | $10,029 | 6.625% | — | 14 | +$3,372 | |
| 18 | $11,621 | 6.875% | — | 9 | +$4,964 | |
| 19 | $12,339 | 7.375% | — | 6 | +$5,682 | |
| 20 | $16,725 | 6.375% | — | 13 | +$10,068 |
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.