ENVOY MORTGAGE, LTD closing costs and rates (2024)
In 2024, ENVOY MORTGAGE, LTD originated 3,383 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $7,943. That ranks #140 nationally by origination volume. For total closing costs among lenders with 500+ originations, ENVOY MORTGAGE, LTD ranks #435. That is $1,202 above the national median of $6,741. ENVOY MORTGAGE, LTD is most active in Texas with 315 originations there.
Purchase Originations
3,383
Ranked #140 nationally
Median Total Costs
$7,943
+17.8% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$3,220
Median Lender Credits
$200
Cost Rank (500+ vol.)
#435
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,042 | 6.875% | $6,197 | $3,007 |
| fha | 878 | 6.625% | $13,027 | $4,152 |
| va | 443 | 6.500% | $9,004 | $2,160 |
| usda | 20 | 7.125% | $5,886 | $2,174 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 315 | 6.625% | $9,854 | #157 |
| California | 290 | 6.625% | $9,955 | #115 |
| Maryland | 261 | 6.625% | $8,989 | #55 |
| Washington | 251 | 6.500% | $11,676 | #56 |
| Illinois | 186 | 7.000% | $5,043 | #102 |
| North Carolina | 178 | 6.625% | $8,363 | #113 |
| New Hampshire | 144 | 6.875% | $5,908 | #16 |
| Massachusetts | 130 | 6.750% | $5,806 | #75 |
| Colorado | 129 | 6.875% | $13,299 | #93 |
| Kentucky | 121 | 6.750% | $8,217 | #71 |
| Wisconsin | 109 | 6.990% | $5,076 | #91 |
| Oregon | 103 | 6.625% | $7,425 | #68 |
| Alabama | 102 | 6.625% | $5,803 | #86 |
| Arizona | 89 | 6.990% | $7,802 | #109 |
| Florida | 87 | 6.875% | $9,763 | #260 |
| Montana | 82 | 6.500% | $5,396 | #20 |
| Idaho | 75 | 6.625% | $10,456 | #54 |
| Oklahoma | 65 | 6.625% | $6,654 | #90 |
| Pennsylvania | 65 | 6.625% | $10,407 | #188 |
| Georgia | 61 | 6.625% | $9,784 | #179 |
| Virginia | 51 | 6.625% | $8,175 | #176 |
| Iowa | 49 | 6.875% | $3,318 | — |
| Indiana | 49 | 7.000% | $5,515 | — |
| Missouri | 46 | 6.875% | $3,998 | — |
| Ohio | 41 | 6.625% | $5,813 | — |
| Connecticut | 38 | 6.625% | $5,312 | — |
| Tennessee | 34 | 6.625% | $6,672 | — |
| Maine | 31 | 6.990% | $8,365 | — |
| Delaware | 26 | 6.562% | $11,535 | — |
| South Carolina | 25 | 6.625% | $9,704 | — |
| Minnesota | 20 | 7.125% | $4,802 | — |
| New Jersey | 20 | 6.625% | $7,532 | — |
| District of Columbia | 17 | 6.990% | $8,983 | — |
| New Mexico | 17 | 6.500% | $12,127 | — |
| West Virginia | 17 | 6.625% | $13,816 | — |
| Kansas | 14 | 6.875% | $8,080 | — |
| Arkansas | 10 | 6.990% | $5,240 | — |
| Rhode Island | 10 | 6.625% | $5,708 | — |
| Michigan | 9 | 6.990% | $5,926 | — |
| Louisiana | 6 | 7.125% | $4,610 | — |
| Mississippi | 5 | 6.990% | $7,069 | — |
| Alaska | 3 | 6.125% | $6,081 | — |
| North Dakota | 2 | 7.000% | $6,561 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,916 | 6.990% | — | 106 | −$3,027 | |
| 2 | $4,962 | 6.875% | — | 62 | −$2,981 | |
| 3 | $5,311 | 6.625% | — | 37 | −$2,632 | |
| 4 | $5,370 | 6.375% | — | 28 | −$2,573 | |
| 5 | $5,562 | 6.625% | — | 48 | −$2,381 | |
| 6 | $5,792 | 6.990% | — | 28 | −$2,151 | |
| 7 | $5,960 | 6.875% | — | 61 | −$1,983 | |
| 8 | $5,984 | 7.000% | — | 35 | −$1,959 | |
| 9 | $7,773 | 6.875% | — | 67 | −$170 | |
| 10 | $7,874 | 6.990% | — | 75 | −$69 | |
| 11 | $8,311 | 6.990% | — | 29 | +$368 | |
| 12 | $8,707 | 6.625% | — | 30 | +$764 | |
| 13 | $8,820 | 6.625% | — | 29 | +$877 | |
| 14 | $8,834 | 6.625% | — | 32 | +$891 | |
| 15 | $9,923 | 6.625% | — | 82 | +$1,980 | |
| 16 | $10,512 | 6.875% | — | 33 | +$2,569 | |
| 17 | $10,913 | 6.438% | — | 48 | +$2,970 | |
| 18 | $11,961 | 6.875% | — | 52 | +$4,018 | |
| 19 | $15,638 | 6.625% | — | 52 | +$7,695 | |
| 20 | $17,060 | 6.125% | — | 32 | +$9,117 |
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.