Farm Credit Mid-America, ACA closing costs and rates (2024)
In 2024, Farm Credit Mid-America, ACA originated 2,284 purchase mortgages at a median interest rate of 7.00% and median total closing costs of $7,650. That ranks #199 nationally by origination volume. For total closing costs among lenders with 500+ originations, Farm Credit Mid-America, ACA ranks #415. That is $909 above the national median of $6,741. Farm Credit Mid-America, ACA is most active in Tennessee with 468 originations there.
Purchase Originations
2,284
Ranked #199 nationally
Median Total Costs
$7,650
+13.5% vs national ($6,741)
Median Rate
7.000%
+5.7% vs national (6.620%)
Median Origination
$5,900
Median Lender Credits
$220
Cost Rank (500+ vol.)
#415
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,284 | 7.000% | $7,650 | $5,900 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Tennessee | 468 | 7.000% | $8,547 | #35 |
| Ohio | 427 | 7.000% | $6,582 | #56 |
| Indiana | 294 | 7.000% | $5,966 | #58 |
| Texas | 274 | 7.125% | $11,501 | #168 |
| Kentucky | 254 | 7.125% | $6,953 | #44 |
| Iowa | 131 | 7.125% | $7,038 | #49 |
| Kansas | 108 | 7.000% | $7,717 | #63 |
| Nebraska | 79 | 7.000% | $6,478 | #46 |
| Oklahoma | 56 | 7.125% | $7,459 | #96 |
| South Dakota | 52 | 7.125% | $8,637 | #27 |
| Colorado | 36 | 7.125% | $9,614 | — |
| Illinois | 33 | 7.000% | $5,555 | — |
| Wyoming | 20 | 7.000% | $8,960 | — |
| Arkansas | 17 | 7.000% | $6,002 | — |
| Missouri | 12 | 7.062% | $5,615 | — |
| New Mexico | 8 | 7.125% | $7,196 | — |
| California | 6 | 7.188% | $13,316 | — |
| Minnesota | 3 | 6.750% | $6,502 | — |
| Nevada | 3 | 7.250% | $13,360 | — |
| Michigan | 1 | 7.250% | $5,339 | — |
| Mississippi | 1 | 7.000% | $4,435 | — |
| West Virginia | 1 | 7.500% | $6,340 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,734 | 7.062% | — | 14 | −$2,916 | |
| 2 | $5,174 | 7.000% | — | 13 | −$2,476 | |
| 3 | $5,810 | 7.188% | — | 16 | −$1,840 | |
| 4 | $5,954 | 7.125% | — | 14 | −$1,696 | |
| 5 | $6,115 | 7.000% | — | 19 | −$1,535 | |
| 6 | $6,778 | 7.000% | — | 15 | −$872 | |
| 7 | $6,915 | 7.125% | — | 13 | −$735 | |
| 8 | $7,650 | 7.000% | — | 19 | +$0 | |
| 9 | $8,155 | 7.000% | — | 13 | +$505 | |
| 10 | $8,218 | 6.875% | — | 13 | +$568 | |
| 11 | $8,261 | 7.000% | — | 13 | +$611 | |
| 12 | $8,296 | 6.875% | — | 15 | +$646 | |
| 13 | $8,572 | 7.000% | — | 16 | +$922 | |
| 14 | $8,777 | 7.000% | — | 14 | +$1,127 | |
| 15 | $8,815 | 7.000% | — | 18 | +$1,165 | |
| 16 | $9,515 | 7.250% | — | 13 | +$1,865 | |
| 17 | $9,660 | 7.125% | — | 18 | +$2,010 | |
| 18 | $10,028 | 6.875% | — | 13 | +$2,378 | |
| 19 | $10,259 | 7.125% | — | 16 | +$2,609 | |
| 20 | $10,698 | 7.000% | — | 21 | +$3,048 |
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.