DIRECT MORTGAGE, CORP. closing costs and rates (2024)
In 2024, DIRECT MORTGAGE, CORP. originated 377 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $12,442. That is $5,701 above the national median of $6,741. DIRECT MORTGAGE, CORP. is most active in Utah with 240 originations there.
Purchase Originations
377
Median Total Costs
$12,442
+84.6% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$6,499
Median Lender Credits
$3,511
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 244 | 6.625% | $8,943 | $6,088 |
| fha | 99 | 6.250% | $17,389 | $7,074 |
| va | 32 | 6.250% | $12,974 | $5,101 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Utah | 240 | 6.500% | $10,388 | #30 |
| California | 33 | 6.625% | $13,850 | — |
| Texas | 27 | 6.625% | $20,888 | — |
| Colorado | 24 | 6.125% | $20,588 | — |
| Arizona | 12 | 6.625% | $15,949 | — |
| Florida | 10 | 6.625% | $13,475 | — |
| Illinois | 7 | 6.375% | $13,253 | — |
| Idaho | 6 | 6.312% | $11,919 | — |
| Georgia | 4 | 7.062% | $6,933 | — |
| Nevada | 4 | 6.308% | $13,628 | — |
| Ohio | 2 | 6.808% | $5,867 | — |
| Oregon | 2 | 6.812% | $4,532 | — |
| Arkansas | 1 | 7.125% | $2,385 | — |
| Indiana | 1 | 6.625% | $9,093 | — |
| North Carolina | 1 | 6.125% | $49,665 | — |
| New Mexico | 1 | 7.000% | $3,938 | — |
| Tennessee | 1 | 5.750% | $3,727 | — |
| Wyoming | 1 | 6.625% | $12,702 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,687 | 6.375% | — | 7 | −$6,755 | |
| 2 | $7,940 | 6.500% | — | 19 | −$4,502 | |
| 3 | $8,050 | 6.625% | — | 5 | −$4,392 | |
| 4 | $9,973 | 6.500% | — | 44 | −$2,469 | |
| 5 | $10,942 | 6.625% | — | 110 | −$1,500 | |
| 6 | $11,731 | 6.312% | — | 20 | −$711 | |
| 7 | $11,883 | 6.375% | — | 16 | −$559 | |
| 8 | $12,613 | 6.625% | — | 22 | +$171 | |
| 9 | $12,807 | 6.375% | — | 6 | +$365 | |
| 10 | $13,253 | 5.990% | — | 3 | +$811 | |
| 11 | $14,463 | 5.875% | — | 3 | +$2,021 | |
| 12 | $18,735 | 6.125% | — | 9 | +$6,293 | |
| 13 | $18,749 | 6.625% | — | 9 | +$6,307 | |
| 14 | $20,090 | 6.750% | — | 6 | +$7,648 | |
| 15 | $20,709 | 6.125% | — | 3 | +$8,267 | |
| 16 | $20,930 | 6.745% | — | 8 | +$8,488 | |
| 17 | $23,176 | 6.625% | — | 4 | +$10,734 | |
| 18 | $23,479 | 6.125% | — | 7 | +$11,037 | |
| 19 | $27,973 | 6.188% | — | 4 | +$15,531 | |
| 20 | $34,016 | 6.000% | — | 3 | +$21,574 |
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.