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Farm Credit East, ACA closing costs and rates (2024)

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In 2024, Farm Credit East, ACA originated 328 purchase mortgages at a median interest rate of 7.25% and median total closing costs of $5,780. That is $961 below the national median of $6,741. Farm Credit East, ACA is most active in New York with 240 originations there.

Purchase Originations

328

Median Total Costs

$5,780

−14.3% vs national ($6,741)

Median Rate

7.250%

+9.5% vs national (6.620%)

Median Origination

$2,421

Median Lender Credits

$200

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional3287.250%$5,780$2,421

Active states

StateVolumeMedian RateMedian Total CostsState Rank
New York2407.325%$5,412#73
New Jersey346.975%$7,820
New Hampshire126.975%$4,786
Vermont128.250%$7,043
Connecticut106.775%$5,274
Massachusetts86.825%$6,295
Maine87.750%$4,914
Pennsylvania37.750%$3,850
Rhode Island16.750%$22,926

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,7256.750%6−$2,055
2$4,1157.250%7−$1,665
3$4,2996.850%8−$1,481
4$4,3167.075%6−$1,464
5$4,5667.325%8−$1,214
6$4,6246.775%12−$1,156
7$4,6787.650%8−$1,102
8$4,8407.650%11−$940
9$5,0026.850%6−$778
10$5,3306.850%9−$450
11$5,3837.675%8−$397
12$5,4237.500%9−$357
13$6,3317.600%12+$551
14$6,3377.625%6+$557
15$6,4157.975%8+$635
16$6,4587.300%20+$678
17$6,7306.950%7+$950
18$6,7798.000%6+$999
19$6,8968.125%6+$1,116
20$8,6096.825%8+$2,829

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.