ENCORE BANK closing costs and rates (2024)
In 2024, ENCORE BANK originated 496 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,732. That is $3,009 below the national median of $6,741. ENCORE BANK is most active in Arkansas with 362 originations there.
Purchase Originations
496
Median Total Costs
$3,732
−44.6% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$975
Median Lender Credits
$91
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 400 | 6.875% | $3,516 | $975 |
| fha | 63 | 6.250% | $7,630 | $1,100 |
| va | 27 | 6.250% | $3,410 | $975 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Arkansas | 362 | 6.625% | $3,474 | #18 |
| Texas | 52 | 6.875% | $6,475 | #348 |
| Colorado | 32 | 7.000% | $3,584 | — |
| Tennessee | 8 | 6.990% | $4,788 | — |
| Florida | 5 | 7.000% | $9,040 | — |
| Illinois | 5 | 6.875% | $6,667 | — |
| Missouri | 5 | 6.000% | $3,827 | — |
| Virginia | 3 | 6.990% | $4,925 | — |
| Alabama | 2 | 3.812% | $2,661 | — |
| Georgia | 2 | 6.749% | $6,145 | — |
| Louisiana | 2 | 6.807% | $5,658 | — |
| Michigan | 2 | 7.120% | $6,846 | — |
| Mississippi | 2 | 7.000% | $5,990 | — |
| North Carolina | 2 | 6.688% | $6,119 | — |
| South Carolina | 2 | 6.433% | $4,277 | — |
| California | 1 | 8.000% | $8,706 | — |
| Kansas | 1 | 6.375% | $3,986 | — |
| Maryland | 1 | 7.750% | $12,940 | — |
| Maine | 1 | 6.500% | $3,514 | — |
| Minnesota | 1 | 7.375% | $7,052 | — |
| New Jersey | 1 | 6.625% | $11,188 | — |
| New Mexico | 1 | 7.375% | $4,482 | — |
| New York | 1 | 6.250% | $15,389 | — |
| Oklahoma | 1 | 6.990% | $3,953 | — |
| Washington | 1 | 6.500% | $5,122 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,018 | 6.495% | — | 16 | −$714 | |
| 2 | $3,144 | 7.187% | — | 6 | −$588 | |
| 3 | $3,322 | 6.558% | — | 2 | −$410 | |
| 4 | $3,352 | 7.125% | — | 7 | −$380 | |
| 5 | $3,354 | 6.938% | — | 6 | −$378 | |
| 6 | $3,378 | 6.500% | — | 26 | −$354 | |
| 7 | $3,380 | 6.624% | — | 37 | −$352 | |
| 8 | $3,497 | 7.308% | — | 4 | −$235 | |
| 9 | $3,530 | 6.625% | — | 158 | −$202 | |
| 10 | $3,583 | 6.499% | — | 10 | −$149 | |
| 11 | $3,608 | 6.625% | — | 54 | −$124 | |
| 12 | $3,729 | 6.808% | — | 2 | −$3 | |
| 13 | $3,779 | 6.625% | — | 35 | +$47 | |
| 14 | $4,330 | 7.500% | — | 9 | +$598 | |
| 15 | $5,853 | 6.999% | — | 2 | +$2,121 | |
| 16 | $5,915 | 4.312% | — | 2 | +$2,183 | |
| 17 | $5,971 | 6.875% | — | 24 | +$2,239 | |
| 18 | $6,500 | 6.875% | — | 3 | +$2,768 | |
| 19 | $6,765 | 6.870% | — | 2 | +$3,033 | |
| 20 | $7,169 | 6.624% | — | 9 | +$3,437 |
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.