Farmers Bank & Trust closing costs and rates (2024)
In 2024, Farmers Bank & Trust originated 655 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $4,809. That ranks #535 nationally by origination volume. For total closing costs among lenders with 500+ originations, Farmers Bank & Trust ranks #184. That is $1,932 below the national median of $6,741. Farmers Bank & Trust is most active in Texas with 71 originations there.
Purchase Originations
655
Ranked #535 nationally
Median Total Costs
$4,809
−28.7% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$995
Median Lender Credits
$950
Cost Rank (500+ vol.)
#184
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 613 | 6.375% | $4,749 | $995 |
| va | 40 | 6.062% | $6,864 | $0 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 71 | 6.375% | $6,018 | #316 |
| Kansas | 54 | 6.500% | $2,664 | #98 |
| Missouri | 42 | 6.375% | $3,133 | — |
| Florida | 38 | 6.375% | $5,761 | — |
| California | 37 | 6.500% | $6,696 | — |
| New York | 34 | 6.375% | $5,946 | — |
| Colorado | 26 | 6.375% | $3,434 | — |
| North Carolina | 26 | 6.375% | $3,841 | — |
| Illinois | 22 | 6.562% | $6,655 | — |
| South Carolina | 19 | 6.250% | $4,643 | — |
| Oklahoma | 18 | 6.500% | $4,134 | — |
| Pennsylvania | 17 | 6.375% | $5,827 | — |
| Virginia | 17 | 6.500% | $4,712 | — |
| Washington | 17 | 6.375% | $4,662 | — |
| Massachusetts | 15 | 6.375% | $4,822 | — |
| New Jersey | 14 | 6.625% | $6,969 | — |
| Ohio | 14 | 6.500% | $4,525 | — |
| Tennessee | 14 | 6.125% | $4,904 | — |
| Arkansas | 13 | 6.375% | $4,009 | — |
| Arizona | 12 | 6.375% | $5,232 | — |
| Georgia | 12 | 6.062% | $4,820 | — |
| Indiana | 11 | 6.375% | $2,945 | — |
| Kentucky | 11 | 6.375% | $4,433 | — |
| Nevada | 11 | 6.375% | $4,447 | — |
| Minnesota | 9 | 6.624% | $3,958 | — |
| Michigan | 7 | 6.500% | $3,782 | — |
| New Hampshire | 7 | 6.500% | $3,968 | — |
| Oregon | 7 | 6.624% | $4,866 | — |
| Utah | 7 | 6.500% | $4,088 | — |
| Idaho | 5 | 6.125% | $5,665 | — |
| Louisiana | 5 | 6.375% | $5,371 | — |
| Alabama | 4 | 6.438% | $4,604 | — |
| Hawaii | 4 | 6.500% | $7,541 | — |
| Maine | 4 | 6.000% | $4,443 | — |
| Mississippi | 4 | 6.433% | $4,172 | — |
| Nebraska | 4 | 6.240% | $4,007 | — |
| New Mexico | 4 | 6.375% | $4,312 | — |
| District of Columbia | 3 | 6.125% | $5,213 | — |
| Alaska | 2 | 6.125% | $8,158 | — |
| Connecticut | 2 | 6.438% | $5,384 | — |
| Rhode Island | 2 | 5.933% | $5,661 | — |
| South Dakota | 2 | 5.875% | $2,859 | — |
| Wisconsin | 2 | 6.562% | $2,908 | — |
| West Virginia | 2 | 5.812% | $3,311 | — |
| Delaware | 1 | 6.624% | $4,323 | — |
| Montana | 1 | 6.250% | $8,354 | — |
| North Dakota | 1 | 6.250% | $6,650 | — |
| Wyoming | 1 | 6.500% | $6,335 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,705 | 6.938% | — | 12 | −$3,104 | |
| 2 | $1,901 | 6.625% | — | 9 | −$2,908 | |
| 3 | $2,970 | 6.375% | — | 7 | −$1,839 | |
| 4 | $2,990 | 6.433% | — | 14 | −$1,819 | |
| 5 | $3,205 | 6.500% | — | 18 | −$1,604 | |
| 6 | $3,764 | 6.562% | — | 6 | −$1,045 | |
| 7 | $3,954 | 6.312% | — | 10 | −$855 | |
| 8 | $4,052 | 6.562% | — | 6 | −$757 | |
| 9 | $4,555 | 6.500% | — | 9 | −$254 | |
| 10 | $4,677 | 6.312% | — | 6 | −$132 | |
| 11 | $4,893 | 6.562% | — | 6 | +$84 | |
| 12 | $5,172 | 6.245% | — | 6 | +$363 | |
| 13 | $5,258 | 6.375% | — | 9 | +$449 | |
| 14 | $5,969 | 6.499% | — | 5 | +$1,160 | |
| 15 | $5,994 | 6.250% | — | 5 | +$1,185 | |
| 16 | $6,017 | 5.875% | — | 6 | +$1,208 | |
| 17 | $6,072 | 6.375% | — | 9 | +$1,263 | |
| 18 | $6,106 | 6.375% | — | 18 | +$1,297 | |
| 19 | $6,764 | 6.625% | — | 15 | +$1,955 | |
| 20 | $6,937 | 6.375% | — | 13 | +$2,128 |
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.