East West Bank closing costs and rates (2024)
In 2024, East West Bank originated 1,603 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $5,252. That ranks #264 nationally by origination volume. For total closing costs among lenders with 500+ originations, East West Bank ranks #226. That is $1,489 below the national median of $6,741. East West Bank is most active in California with 828 originations there.
Purchase Originations
1,603
Ranked #264 nationally
Median Total Costs
$5,252
−22.1% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$1,080
Median Lender Credits
$493
Cost Rank (500+ vol.)
#226
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,603 | 6.875% | $5,252 | $1,080 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 828 | 6.875% | $5,542 | #48 |
| New York | 361 | 7.625% | $6,225 | #61 |
| Texas | 111 | 6.500% | $3,718 | #260 |
| Georgia | 81 | 6.875% | $4,223 | #156 |
| Massachusetts | 81 | 7.125% | $4,635 | #103 |
| Nevada | 71 | 6.500% | $3,749 | #79 |
| Washington | 70 | 6.500% | $4,846 | #123 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,628 | 6.500% | — | 76 | −$1,624 | |
| 2 | $3,749 | 6.500% | — | 71 | −$1,503 | |
| 3 | $3,799 | 6.500% | — | 58 | −$1,453 | |
| 4 | $4,154 | 6.875% | — | 25 | −$1,098 | |
| 5 | $4,172 | 6.875% | — | 25 | −$1,080 | |
| 6 | $4,202 | 6.875% | — | 43 | −$1,050 | |
| 7 | $4,542 | 6.500% | — | 57 | −$710 | |
| 8 | $4,635 | 7.125% | — | 41 | −$617 | |
| 9 | $4,952 | 6.500% | — | 32 | −$300 | |
| 10 | $4,972 | 7.125% | — | 28 | −$280 | |
| 11 | $5,063 | 6.875% | — | 105 | −$189 | |
| 12 | $5,110 | 6.875% | — | 41 | −$142 | |
| 13 | $5,218 | 7.625% | — | 175 | −$34 | |
| 14 | $5,454 | 6.500% | — | 48 | +$202 | |
| 15 | $5,871 | 6.500% | — | 30 | +$619 | |
| 16 | $5,953 | 6.875% | — | 269 | +$701 | |
| 17 | $6,128 | 7.625% | — | 17 | +$876 | |
| 18 | $6,678 | 7.625% | — | 68 | +$1,426 | |
| 19 | $6,790 | 7.625% | — | 81 | +$1,538 | |
| 20 | $7,193 | 7.375% | — | 177 | +$1,941 |
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.