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First Federal Savings Bank closing costs and rates (2024)

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In 2024, First Federal Savings Bank originated 432 purchase mortgages at a median interest rate of 7.00% and median total closing costs of $3,048. That is $3,693 below the national median of $6,741. First Federal Savings Bank is most active in Indiana with 411 originations there.

Purchase Originations

432

Median Total Costs

$3,048

−54.8% vs national ($6,741)

Median Rate

7.000%

+5.7% vs national (6.620%)

Median Origination

$1,750

Median Lender Credits

$1,250

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional4327.000%$3,048$1,750

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Indiana4117.000%$2,981#44
Michigan197.000%$6,021
Arizona16.500%$11,592
Florida17.000%$5,020

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$2,4307.000%3−$618
2$2,4797.125%2−$569
3$2,4807.125%72−$568
4$2,5307.500%7−$518
5$2,6987.000%40−$350
6$2,8056.625%3−$243
7$2,8787.000%3−$170
8$2,9407.125%8−$108
9$2,9907.000%67−$58
10$3,0767.000%87+$28
11$3,1307.125%3+$82
12$3,2007.125%3+$152
13$3,2307.125%5+$182
14$3,2487.000%73+$200
15$3,4047.062%4+$356
16$3,5026.812%2+$454
17$3,9077.000%11+$859
18$4,4507.188%4+$1,402
19$4,5076.750%6+$1,459
20$6,3927.000%12+$3,344

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.