ELEVATIONS closing costs and rates (2024)
In 2024, ELEVATIONS originated 1,355 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,331. That ranks #295 nationally by origination volume. For total closing costs among lenders with 500+ originations, ELEVATIONS ranks #68. That is $3,410 below the national median of $6,741. ELEVATIONS is most active in Colorado with 1,355 originations there.
Purchase Originations
1,355
Ranked #295 nationally
Median Total Costs
$3,331
−50.6% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$950
Median Lender Credits
$912
Cost Rank (500+ vol.)
#68
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,281 | 6.625% | $3,292 | $950 |
| fha | 40 | 6.250% | $13,289 | $3,181 |
| va | 34 | 6.250% | $9,242 | $1,434 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Colorado | 1,355 | 6.625% | $3,331 | #8 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,586 | 6.625% | — | 2 | −$745 | |
| 2 | $2,953 | 6.938% | — | 2 | −$378 | |
| 3 | $2,970 | 6.812% | — | 2 | −$361 | |
| 4 | $3,190 | 6.688% | — | 64 | −$141 | |
| 5 | $3,212 | 6.750% | — | 92 | −$119 | |
| 6 | $3,247 | 6.625% | — | 441 | −$84 | |
| 7 | $3,271 | 6.688% | — | 154 | −$60 | |
| 8 | $3,377 | 6.750% | — | 184 | +$46 | |
| 9 | $3,417 | 6.375% | — | 11 | +$86 | |
| 10 | $3,434 | 6.625% | — | 150 | +$103 | |
| 11 | $3,492 | 6.625% | — | 10 | +$161 | |
| 12 | $3,535 | 6.688% | — | 2 | +$204 | |
| 13 | $3,614 | 6.500% | — | 3 | +$283 | |
| 14 | $3,634 | 6.625% | — | 62 | +$303 | |
| 15 | $3,643 | 6.750% | — | 45 | +$312 | |
| 16 | $3,877 | 6.625% | — | 101 | +$546 | |
| 17 | $3,976 | 6.750% | — | 7 | +$645 | |
| 18 | $10,355 | 6.062% | — | 2 | +$7,024 | |
| 19 | $12,768 | 5.812% | — | 2 | +$9,437 | |
| 20 | $12,938 | 6.375% | — | 2 | +$9,607 |
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.