FEDERATED MORTGAGE CORP. closing costs and rates (2024)
In 2024, FEDERATED MORTGAGE CORP. originated 240 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,092. That is $1,649 below the national median of $6,741. FEDERATED MORTGAGE CORP. is most active in Pennsylvania with 175 originations there.
Purchase Originations
240
Median Total Costs
$5,092
−24.5% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,350
Median Lender Credits
$147
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 201 | 6.500% | $4,795 | $1,350 |
| fha | 26 | 6.500% | $8,529 | $1,500 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 175 | 6.500% | $5,326 | #117 |
| Maryland | 27 | 6.500% | $4,341 | — |
| Virginia | 10 | 6.500% | $3,572 | — |
| Texas | 8 | 6.558% | $4,421 | — |
| New Jersey | 7 | 6.500% | $7,130 | — |
| California | 4 | 6.750% | $4,531 | — |
| North Carolina | 4 | 6.312% | $3,483 | — |
| Florida | 3 | 6.125% | $9,991 | — |
| Ohio | 1 | 8.625% | $1,945 | — |
| South Carolina | 1 | 6.125% | $5,827 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,743 | 6.375% | — | 3 | −$1,349 | |
| 2 | $3,987 | 6.125% | — | 6 | −$1,105 | |
| 3 | $4,122 | 6.438% | — | 2 | −$970 | |
| 4 | $4,142 | 6.808% | — | 2 | −$950 | |
| 5 | $4,293 | 6.125% | — | 5 | −$799 | |
| 6 | $4,594 | 6.312% | — | 6 | −$498 | |
| 7 | $4,595 | 6.500% | — | 2 | −$497 | |
| 8 | $4,616 | 6.375% | — | 4 | −$476 | |
| 9 | $4,751 | 6.562% | — | 2 | −$341 | |
| 10 | $4,850 | 6.375% | — | 6 | −$242 | |
| 11 | $5,125 | 6.558% | — | 2 | +$33 | |
| 12 | $5,174 | 6.500% | — | 7 | +$82 | |
| 13 | $5,206 | 6.490% | — | 23 | +$114 | |
| 14 | $5,212 | 6.740% | — | 2 | +$120 | |
| 15 | $5,261 | 6.312% | — | 10 | +$169 | |
| 16 | $5,336 | 6.500% | — | 115 | +$244 | |
| 17 | $6,038 | 6.312% | — | 2 | +$946 | |
| 18 | $7,358 | 6.335% | — | 2 | +$2,266 | |
| 19 | $8,012 | 6.500% | — | 11 | +$2,920 | |
| 20 | $9,685 | 6.750% | — | 2 | +$4,593 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.