ENCOMPASS LENDING GROUP, LP closing costs and rates (2024)
In 2024, ENCOMPASS LENDING GROUP, LP originated 591 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $9,574. That ranks #573 nationally by origination volume. For total closing costs among lenders with 500+ originations, ENCOMPASS LENDING GROUP, LP ranks #533. That is $2,833 above the national median of $6,741. ENCOMPASS LENDING GROUP, LP is most active in Texas with 347 originations there.
Purchase Originations
591
Ranked #573 nationally
Median Total Costs
$9,574
+42.0% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$3,495
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#533
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 303 | 6.875% | $7,358 | $3,682 |
| fha | 179 | 6.750% | $12,981 | $3,452 |
| va | 101 | 6.625% | $9,040 | $2,821 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 347 | 6.750% | $9,928 | #149 |
| North Carolina | 70 | 6.625% | $9,830 | #171 |
| Florida | 22 | 6.500% | $8,583 | — |
| Maryland | 16 | 6.688% | $9,707 | — |
| South Carolina | 15 | 6.750% | $6,542 | — |
| Utah | 15 | 6.500% | $9,335 | — |
| Virginia | 15 | 6.875% | $7,778 | — |
| Pennsylvania | 14 | 6.750% | $6,641 | — |
| Georgia | 13 | 6.750% | $12,406 | — |
| Indiana | 8 | 6.688% | $3,941 | — |
| California | 7 | 6.990% | $12,902 | — |
| New Jersey | 6 | 6.749% | $9,985 | — |
| Idaho | 5 | 6.125% | $9,774 | — |
| Nevada | 5 | 7.000% | $7,614 | — |
| Ohio | 5 | 6.875% | $5,956 | — |
| Iowa | 4 | 6.688% | $6,982 | — |
| Arizona | 3 | 7.125% | $7,839 | — |
| Illinois | 3 | 5.990% | $7,160 | — |
| West Virginia | 3 | 6.990% | $9,151 | — |
| Alabama | 2 | 6.500% | $5,617 | — |
| Colorado | 2 | 7.125% | $7,408 | — |
| Michigan | 2 | 7.500% | $10,552 | — |
| Washington | 2 | 7.188% | $5,994 | — |
| Kansas | 1 | 6.250% | $18,850 | — |
| Louisiana | 1 | 6.500% | $17,748 | — |
| New Mexico | 1 | 6.990% | $12,167 | — |
| Oklahoma | 1 | 7.125% | $21,890 | — |
| Oregon | 1 | 7.125% | $14,383 | — |
| Tennessee | 1 | 6.750% | $8,575 | — |
| Wyoming | 1 | 7.125% | $8,801 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,960 | 6.870% | — | 4 | −$3,614 | |
| 2 | $6,403 | 6.688% | — | 8 | −$3,171 | |
| 3 | $7,106 | 6.625% | — | 6 | −$2,468 | |
| 4 | $8,512 | 6.750% | — | 12 | −$1,062 | |
| 5 | $8,527 | 6.990% | — | 65 | −$1,047 | |
| 6 | $9,172 | 6.495% | — | 38 | −$402 | |
| 7 | $9,230 | 6.375% | — | 10 | −$344 | |
| 8 | $9,335 | 6.875% | — | 5 | −$239 | |
| 9 | $9,585 | 6.557% | — | 10 | +$11 | |
| 10 | $9,721 | 6.437% | — | 4 | +$147 | |
| 11 | $9,785 | 6.500% | — | 27 | +$211 | |
| 12 | $9,835 | 6.562% | — | 8 | +$261 | |
| 13 | $10,483 | 6.495% | — | 20 | +$909 | |
| 14 | $10,872 | 6.870% | — | 6 | +$1,298 | |
| 15 | $11,437 | 6.624% | — | 41 | +$1,863 | |
| 16 | $11,479 | 6.688% | — | 12 | +$1,905 | |
| 17 | $11,609 | 6.750% | — | 16 | +$2,035 | |
| 18 | $11,908 | 6.875% | — | 16 | +$2,334 | |
| 19 | $11,959 | 6.688% | — | 22 | +$2,385 | |
| 20 | $11,962 | 6.933% | — | 4 | +$2,388 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.