Evolve Bank & Trust closing costs and rates (2024)
In 2024, Evolve Bank & Trust originated 934 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $6,124. That ranks #394 nationally by origination volume. For total closing costs among lenders with 500+ originations, Evolve Bank & Trust ranks #288. That is $617 below the national median of $6,741. Evolve Bank & Trust is most active in Massachusetts with 191 originations there.
Purchase Originations
934
Ranked #394 nationally
Median Total Costs
$6,124
−9.2% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,615
Median Lender Credits
$57
Cost Rank (500+ vol.)
#288
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 648 | 6.625% | $5,049 | $1,400 |
| fha | 227 | 6.500% | $11,494 | $2,731 |
| va | 46 | 6.625% | $7,294 | $1,194 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 191 | 6.625% | $4,718 | #52 |
| Tennessee | 151 | 6.500% | $6,356 | #93 |
| New York | 146 | 6.625% | $5,721 | #101 |
| Delaware | 140 | 6.250% | $10,439 | #22 |
| Connecticut | 48 | 6.625% | $5,509 | — |
| California | 40 | 6.875% | $7,916 | — |
| Mississippi | 36 | 6.370% | $6,861 | — |
| Maryland | 30 | 6.875% | $12,185 | — |
| Arkansas | 27 | 6.500% | $4,455 | — |
| New Hampshire | 17 | 6.990% | $3,965 | — |
| Virginia | 17 | 6.625% | $9,227 | — |
| South Carolina | 14 | 6.688% | $4,102 | — |
| Florida | 13 | 6.625% | $5,857 | — |
| Georgia | 9 | 6.625% | $9,172 | — |
| North Carolina | 8 | 6.750% | $4,467 | — |
| Texas | 6 | 6.745% | $6,555 | — |
| New Jersey | 5 | 6.625% | $4,594 | — |
| Arizona | 4 | 6.625% | $4,942 | — |
| Pennsylvania | 4 | 6.120% | $6,664 | — |
| Maine | 3 | 6.990% | $14,894 | — |
| Oregon | 3 | 6.875% | $4,348 | — |
| Rhode Island | 3 | 6.625% | $4,042 | — |
| Alabama | 2 | 6.125% | $8,173 | — |
| Colorado | 2 | 6.875% | $10,202 | — |
| District of Columbia | 2 | 7.438% | $11,757 | — |
| Michigan | 2 | 6.562% | $6,971 | — |
| Washington | 2 | 6.375% | $1,683 | — |
| Alaska | 1 | 5.750% | $6,597 | — |
| Idaho | 1 | 6.625% | $10,393 | — |
| Illinois | 1 | 7.125% | $19,943 | — |
| Missouri | 1 | 6.750% | $747 | — |
| Montana | 1 | 7.000% | $7,691 | — |
| Ohio | 1 | 6.625% | $9,920 | — |
| Oklahoma | 1 | 6.124% | $4,136 | — |
| Vermont | 1 | 6.875% | $6,629 | — |
| Wisconsin | 1 | 7.000% | $3,312 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,264 | 6.625% | — | 13 | −$1,860 | |
| 2 | $4,470 | 6.875% | — | 46 | −$1,654 | |
| 3 | $4,523 | 6.688% | — | 18 | −$1,601 | |
| 4 | $4,622 | 6.558% | — | 16 | −$1,502 | |
| 5 | $4,958 | 6.625% | — | 36 | −$1,166 | |
| 6 | $5,025 | 6.625% | — | 57 | −$1,099 | |
| 7 | $5,054 | 6.625% | — | 33 | −$1,070 | |
| 8 | $5,101 | 6.625% | — | 11 | −$1,023 | |
| 9 | $5,239 | 6.625% | — | 10 | −$885 | |
| 10 | $5,368 | 6.812% | — | 22 | −$756 | |
| 11 | $6,132 | 6.500% | — | 27 | +$8 | |
| 12 | $6,437 | 6.500% | — | 25 | +$313 | |
| 13 | $6,504 | 6.500% | — | 113 | +$380 | |
| 14 | $7,286 | 6.625% | — | 13 | +$1,162 | |
| 15 | $7,830 | 6.375% | — | 10 | +$1,706 | |
| 16 | $8,733 | 6.875% | — | 26 | +$2,609 | |
| 17 | $10,195 | 6.250% | — | 77 | +$4,071 | |
| 18 | $10,479 | 6.250% | — | 24 | +$4,355 | |
| 19 | $11,692 | 6.250% | — | 39 | +$5,568 | |
| 20 | $12,983 | 6.875% | — | 9 | +$6,859 |
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.