Equity Bank closing costs and rates (2024)
In 2024, Equity Bank originated 175 purchase mortgages at a median interest rate of 6.49% and median total closing costs of $3,075. That is $3,666 below the national median of $6,741. Equity Bank is most active in Kansas with 82 originations there.
Purchase Originations
175
Median Total Costs
$3,075
−54.4% vs national ($6,741)
Median Rate
6.490%
−2.0% vs national (6.620%)
Median Origination
$995
Median Lender Credits
$49
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 140 | 6.500% | $2,879 | $995 |
| fha | 20 | 5.990% | $7,663 | $1,690 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,957 | 6.433% | — | 2 | −$1,118 | |
| 2 | $2,146 | 7.250% | — | 3 | −$929 | |
| 3 | $2,496 | 6.500% | — | 3 | −$579 | |
| 4 | $2,619 | 6.812% | — | 4 | −$456 | |
| 5 | $2,632 | 5.933% | — | 4 | −$443 | |
| 6 | $2,666 | 6.490% | — | 3 | −$409 | |
| 7 | $2,777 | 6.938% | — | 4 | −$298 | |
| 8 | $2,983 | 6.625% | — | 5 | −$92 | |
| 9 | $3,034 | 7.188% | — | 4 | −$41 | |
| 10 | $3,075 | 6.490% | — | 41 | +$0 | |
| 11 | $3,094 | 7.125% | — | 2 | +$19 | |
| 12 | $3,240 | 6.375% | — | 2 | +$165 | |
| 13 | $3,255 | 6.433% | — | 2 | +$180 | |
| 14 | $3,257 | 6.620% | — | 2 | +$182 | |
| 15 | $3,417 | 6.490% | — | 13 | +$342 | |
| 16 | $3,492 | 7.125% | — | 3 | +$417 | |
| 17 | $3,645 | 6.433% | — | 2 | +$570 | |
| 18 | $3,649 | 6.490% | — | 7 | +$574 | |
| 19 | $4,076 | 6.312% | — | 16 | +$1,001 | |
| 20 | $5,567 | 6.375% | — | 14 | +$2,492 |
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.