First Bank closing costs and rates (2024)
In 2024, First Bank originated 467 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $10,742. That is $4,001 above the national median of $6,741. First Bank is most active in Texas with 453 originations there.
Purchase Originations
467
Median Total Costs
$10,742
+59.4% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$4,845
Median Lender Credits
$3,159
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 326 | 6.625% | $9,230 | $4,614 |
| fha | 89 | 6.125% | $17,732 | $5,984 |
| va | 51 | 6.125% | $11,774 | $4,593 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 453 | 6.625% | $10,865 | #130 |
| Oklahoma | 3 | 6.500% | $6,781 | — |
| Florida | 2 | 6.990% | $12,555 | — |
| North Carolina | 2 | 6.808% | $7,906 | — |
| Arizona | 1 | 6.625% | $5,120 | — |
| California | 1 | 7.375% | $10,395 | — |
| Illinois | 1 | 6.625% | $8,729 | — |
| Indiana | 1 | 6.990% | $5,934 | — |
| Missouri | 1 | 6.750% | $11,774 | — |
| South Carolina | 1 | 7.125% | $14,374 | — |
| Washington | 1 | 6.375% | $25,212 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,477 | 6.250% | — | 17 | −$5,265 | |
| 2 | $5,947 | 6.558% | — | 4 | −$4,795 | |
| 3 | $7,414 | 6.870% | — | 4 | −$3,328 | |
| 4 | $8,188 | 6.625% | — | 32 | −$2,554 | |
| 5 | $8,510 | 6.875% | — | 69 | −$2,232 | |
| 6 | $9,256 | 7.000% | — | 5 | −$1,486 | |
| 7 | $9,502 | 6.750% | — | 31 | −$1,240 | |
| 8 | $9,522 | 6.312% | — | 14 | −$1,220 | |
| 9 | $9,590 | 6.558% | — | 6 | −$1,152 | |
| 10 | $11,033 | 6.438% | — | 6 | +$291 | |
| 11 | $11,296 | 6.750% | — | 30 | +$554 | |
| 12 | $11,867 | 6.625% | — | 68 | +$1,125 | |
| 13 | $12,705 | 6.438% | — | 30 | +$1,963 | |
| 14 | $13,971 | 6.875% | — | 15 | +$3,229 | |
| 15 | $14,804 | 6.000% | — | 6 | +$4,062 | |
| 16 | $14,844 | 6.058% | — | 22 | +$4,102 | |
| 17 | $16,474 | 6.250% | — | 11 | +$5,732 | |
| 18 | $18,455 | 5.750% | — | 11 | +$7,713 | |
| 19 | $18,747 | 6.188% | — | 20 | +$8,005 | |
| 20 | $19,111 | 5.875% | — | 27 | +$8,369 |
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.