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F&M Bank closing costs and rates (2024)

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In 2024, F&M Bank originated 209 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $4,448. That is $2,293 below the national median of $6,741. F&M Bank is most active in Oklahoma with 200 originations there.

Purchase Originations

209

Median Total Costs

$4,448

−34.0% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$1,174

Median Lender Credits

$9

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1296.625%$3,766$1,174
fha506.625%$5,930$1,050
va236.500%$5,750$1,149

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Oklahoma2006.625%$4,232#43
Florida36.500%$13,094
Texas36.500%$6,285
Michigan16.500%$8,704
Ohio16.125%$2,676
Wyoming16.625%$6,146

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$1,8677.000%2−$2,581
2$2,6766.125%1−$1,772
3$3,5826.625%3−$866
4$3,8036.500%67−$645
5$3,8866.375%1−$562
6$3,9056.625%18−$543
7$4,1146.562%54−$334
8$4,2566.375%6−$192
9$4,5006.875%9+$52
10$4,5787.000%3+$130
11$4,8166.250%1+$368
12$4,8876.625%9+$439
13$5,9006.750%5+$1,452
14$5,9666.500%1+$1,518
15$6,1846.625%7+$1,736
16$6,3776.938%2+$1,929
17$7,8006.812%2+$3,352
18$8,7046.500%1+$4,256
19$13,0946.375%1+$8,646
20$23,0306.625%1+$18,582

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.