EQUITY RESOURCES, INC. closing costs and rates (2024)
In 2024, EQUITY RESOURCES, INC. originated 1,972 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $4,696. That ranks #226 nationally by origination volume. For total closing costs among lenders with 500+ originations, EQUITY RESOURCES, INC. ranks #171. That is $2,045 below the national median of $6,741. EQUITY RESOURCES, INC. is most active in Ohio with 615 originations there.
Purchase Originations
1,972
Ranked #226 nationally
Median Total Costs
$4,696
−30.3% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,361
Median Lender Credits
$500
Cost Rank (500+ vol.)
#171
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,419 | 6.625% | $4,174 | $1,295 |
| fha | 348 | 6.750% | $7,939 | $1,574 |
| va | 140 | 6.433% | $5,137 | $153 |
| usda | 65 | 6.490% | $5,538 | $1,500 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 615 | 6.750% | $3,676 | #38 |
| Pennsylvania | 592 | 6.625% | $5,539 | #35 |
| North Carolina | 336 | 6.625% | $4,438 | #69 |
| Maryland | 129 | 6.624% | $5,954 | #89 |
| Connecticut | 80 | 6.688% | $5,494 | #59 |
| Florida | 57 | 6.750% | $5,581 | #310 |
| South Carolina | 44 | 6.625% | $4,756 | — |
| Massachusetts | 38 | 6.995% | $4,494 | — |
| Michigan | 37 | 6.625% | $3,921 | — |
| Virginia | 19 | 6.625% | $5,022 | — |
| Kentucky | 11 | 6.750% | $4,835 | — |
| Indiana | 5 | 7.000% | $4,350 | — |
| West Virginia | 4 | 6.625% | $3,965 | — |
| New Hampshire | 2 | 7.240% | $4,091 | — |
| District of Columbia | 1 | 6.375% | $7,778 | — |
| Georgia | 1 | 6.625% | $3,525 | — |
| Rhode Island | 1 | 7.125% | $10,638 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,944 | 6.875% | — | 21 | −$1,752 | |
| 2 | $3,049 | 6.625% | — | 63 | −$1,647 | |
| 3 | $3,306 | 6.750% | — | 115 | −$1,390 | |
| 4 | $3,758 | 6.625% | — | 37 | −$938 | |
| 5 | $3,948 | 6.875% | — | 23 | −$748 | |
| 6 | $3,969 | 6.625% | — | 67 | −$727 | |
| 7 | $4,020 | 6.875% | — | 125 | −$676 | |
| 8 | $4,090 | 6.625% | — | 53 | −$606 | |
| 9 | $4,386 | 6.812% | — | 22 | −$310 | |
| 10 | $4,820 | 6.625% | — | 83 | +$124 | |
| 11 | $5,013 | 6.625% | — | 37 | +$317 | |
| 12 | $5,339 | 6.625% | — | 27 | +$643 | |
| 13 | $5,505 | 6.750% | — | 37 | +$809 | |
| 14 | $5,520 | 6.625% | — | 30 | +$824 | |
| 15 | $5,545 | 6.624% | — | 155 | +$849 | |
| 16 | $5,588 | 6.500% | — | 24 | +$892 | |
| 17 | $5,726 | 6.624% | — | 84 | +$1,030 | |
| 18 | $5,930 | 6.562% | — | 98 | +$1,234 | |
| 19 | $6,217 | 6.562% | — | 22 | +$1,521 | |
| 20 | $8,767 | 6.490% | — | 29 | +$4,071 |
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.