Equity Prime Mortgage LLC closing costs and rates (2024)
In 2024, Equity Prime Mortgage LLC originated 8,212 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $10,842. That ranks #55 nationally by origination volume. For total closing costs among lenders with 500+ originations, Equity Prime Mortgage LLC ranks #579. That is $4,101 above the national median of $6,741. Equity Prime Mortgage LLC is most active in Texas with 1,331 originations there.
Purchase Originations
8,212
Ranked #55 nationally
Median Total Costs
$10,842
+60.8% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$3,679
Median Lender Credits
$824
Cost Rank (500+ vol.)
#579
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 5,564 | 6.875% | $12,303 | $4,207 |
| va | 1,444 | 6.500% | $7,221 | $1,978 |
| usda | 621 | 6.375% | $6,337 | $1,739 |
| conventional | 583 | 7.000% | $9,604 | $5,414 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 1,331 | 6.750% | $11,774 | #50 |
| Florida | 1,088 | 6.750% | $12,232 | #47 |
| California | 587 | 6.500% | $15,660 | #64 |
| Georgia | 533 | 6.750% | $11,166 | #49 |
| Louisiana | 473 | 6.625% | $7,922 | #18 |
| Arizona | 366 | 7.438% | $14,304 | #50 |
| Tennessee | 289 | 6.625% | $10,259 | #54 |
| Kentucky | 266 | 6.750% | $6,439 | #38 |
| Pennsylvania | 251 | 6.750% | $7,859 | #86 |
| Indiana | 225 | 7.250% | $7,708 | #74 |
| Michigan | 225 | 7.625% | $9,010 | #74 |
| Illinois | 219 | 6.750% | $10,382 | #92 |
| North Carolina | 195 | 7.000% | $10,040 | #107 |
| South Carolina | 190 | 7.250% | $10,577 | #76 |
| Missouri | 182 | 7.250% | $8,031 | #59 |
| Ohio | 176 | 7.188% | $8,399 | #102 |
| New York | 165 | 6.500% | $18,701 | #95 |
| Oklahoma | 122 | 6.750% | $8,088 | #61 |
| Colorado | 107 | 7.250% | $13,991 | #99 |
| Mississippi | 100 | 6.750% | $8,907 | #49 |
| Virginia | 98 | 6.938% | $10,019 | #130 |
| New Jersey | 97 | 6.750% | $18,150 | #110 |
| Kansas | 93 | 7.250% | $8,389 | #71 |
| Alabama | 81 | 7.250% | $8,422 | #108 |
| Nevada | 68 | 7.625% | $13,924 | #83 |
| Minnesota | 65 | 7.250% | $12,341 | #107 |
| Arkansas | 64 | 7.062% | $7,237 | #83 |
| Maryland | 62 | 6.688% | $14,976 | #121 |
| Oregon | 62 | 7.562% | $14,593 | #95 |
| Utah | 58 | 7.750% | $15,873 | #76 |
| New Mexico | 55 | 7.750% | $10,769 | #56 |
| West Virginia | 47 | 6.750% | $7,536 | — |
| Washington | 37 | 6.500% | $15,508 | — |
| Connecticut | 27 | 7.250% | $15,686 | — |
| Wisconsin | 27 | 7.500% | $10,309 | — |
| Massachusetts | 25 | 6.625% | $16,959 | — |
| Puerto Rico | 25 | 6.500% | $16,798 | — |
| Idaho | 21 | 6.000% | $15,162 | — |
| Iowa | 17 | 7.125% | $5,615 | — |
| Wyoming | 17 | 6.750% | $10,018 | — |
| Delaware | 16 | 7.375% | $15,105 | — |
| Nebraska | 15 | 6.750% | $9,886 | — |
| Montana | 14 | 6.375% | $7,512 | — |
| New Hampshire | 7 | 6.625% | $10,482 | — |
| Rhode Island | 6 | 7.938% | $12,297 | — |
| Maine | 5 | 6.750% | $11,961 | — |
| North Dakota | 5 | 7.750% | $13,193 | — |
| South Dakota | 4 | 6.375% | $8,945 | — |
| District of Columbia | 2 | 6.812% | $8,780 | — |
| Vermont | 2 | 6.875% | $12,472 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $8,688 | 7.750% | — | 87 | −$2,154 | |
| 2 | $10,369 | 6.750% | — | 59 | −$473 | |
| 3 | $10,388 | 6.750% | — | 47 | −$454 | |
| 4 | $10,602 | 6.625% | — | 98 | −$240 | |
| 5 | $10,612 | 6.375% | — | 81 | −$230 | |
| 6 | $11,067 | 6.500% | — | 45 | +$225 | |
| 7 | $11,240 | 6.750% | — | 56 | +$398 | |
| 8 | $11,337 | 6.750% | — | 45 | +$495 | |
| 9 | $12,123 | 6.500% | — | 185 | +$1,281 | |
| 10 | $13,738 | 6.750% | — | 86 | +$2,896 | |
| 11 | $13,844 | 6.750% | — | 130 | +$3,002 | |
| 12 | $13,974 | 7.250% | — | 86 | +$3,132 | |
| 13 | $13,985 | 6.500% | — | 53 | +$3,143 | |
| 14 | $15,896 | 7.750% | — | 73 | +$5,054 | |
| 15 | $15,949 | 6.875% | — | 55 | +$5,107 | |
| 16 | $16,088 | 6.750% | — | 91 | +$5,246 | |
| 17 | $16,108 | 6.375% | — | 107 | +$5,266 | |
| 18 | $17,247 | 7.750% | — | 156 | +$6,405 | |
| 19 | $18,325 | 6.750% | — | 57 | +$7,483 | |
| 20 | $18,719 | 6.625% | — | 59 | +$7,877 |
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.