First-Citizens Bank & Trust Company closing costs and rates (2024)
In 2024, First-Citizens Bank & Trust Company originated 3,391 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $5,412. That ranks #139 nationally by origination volume. For total closing costs among lenders with 500+ originations, First-Citizens Bank & Trust Company ranks #238. That is $1,329 below the national median of $6,741. First-Citizens Bank & Trust Company is most active in North Carolina with 1,341 originations there.
Purchase Originations
3,391
Ranked #139 nationally
Median Total Costs
$5,412
−19.7% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$1,397
Median Lender Credits
$500
Cost Rank (500+ vol.)
#238
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,003 | 6.500% | $5,159 | $1,395 |
| fha | 308 | 5.625% | $10,652 | $1,580 |
| va | 60 | 5.938% | $4,767 | $1,400 |
| usda | 20 | 5.875% | $6,928 | $1,795 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 1,341 | 6.500% | $4,885 | #21 |
| South Carolina | 794 | 6.497% | $5,215 | #20 |
| California | 616 | 6.125% | $7,403 | #62 |
| Virginia | 115 | 6.475% | $4,931 | #122 |
| Georgia | 86 | 6.375% | $5,262 | #152 |
| Massachusetts | 80 | 5.875% | $5,412 | #104 |
| Florida | 70 | 6.350% | $5,917 | #280 |
| New York | 34 | 5.812% | $4,709 | — |
| Texas | 33 | 6.375% | $7,613 | — |
| Tennessee | 30 | 6.425% | $4,744 | — |
| Washington | 27 | 6.425% | $4,860 | — |
| Colorado | 22 | 6.350% | $3,578 | — |
| Maryland | 15 | 6.475% | $5,286 | — |
| Nevada | 13 | 6.250% | $4,912 | — |
| New Jersey | 11 | 6.250% | $7,019 | — |
| Arizona | 10 | 6.475% | $7,765 | — |
| New Mexico | 10 | 6.675% | $4,704 | — |
| Oregon | 10 | 6.562% | $4,457 | — |
| Pennsylvania | 9 | 6.000% | $5,988 | — |
| Wisconsin | 9 | 6.375% | $3,524 | — |
| Illinois | 8 | 5.750% | $5,891 | — |
| Oklahoma | 8 | 6.300% | $5,229 | — |
| West Virginia | 7 | 6.500% | $4,323 | — |
| Alabama | 5 | 6.325% | $3,070 | — |
| District of Columbia | 5 | 6.750% | $9,074 | — |
| Utah | 5 | 6.250% | $4,427 | — |
| Minnesota | 3 | 6.250% | $5,086 | — |
| Missouri | 3 | 6.875% | $4,292 | — |
| Hawaii | 2 | 5.688% | $5,112 | — |
| Nebraska | 2 | 6.612% | $4,636 | — |
| New Hampshire | 2 | 5.562% | $3,772 | — |
| Connecticut | 1 | 6.240% | $10,366 | — |
| Kansas | 1 | 7.000% | $3,343 | — |
| Michigan | 1 | 7.750% | $5,663 | — |
| Montana | 1 | 6.250% | $3,534 | — |
| Ohio | 1 | 6.125% | $6,855 | — |
| Rhode Island | 1 | 6.000% | $8,613 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,365 | 6.357% | — | 52 | −$1,047 | |
| 2 | $4,373 | 6.550% | — | 43 | −$1,039 | |
| 3 | $4,396 | 6.625% | — | 65 | −$1,016 | |
| 4 | $4,508 | 6.600% | — | 43 | −$904 | |
| 5 | $4,713 | 6.400% | — | 240 | −$699 | |
| 6 | $4,769 | 6.725% | — | 78 | −$643 | |
| 7 | $4,832 | 6.425% | — | 59 | −$580 | |
| 8 | $4,927 | 6.450% | — | 65 | −$485 | |
| 9 | $4,952 | 6.419% | — | 45 | −$460 | |
| 10 | $4,982 | 6.375% | — | 74 | −$430 | |
| 11 | $4,994 | 6.500% | — | 43 | −$418 | |
| 12 | $5,104 | 6.475% | — | 97 | −$308 | |
| 13 | $5,255 | 6.562% | — | 72 | −$157 | |
| 14 | $5,595 | 6.625% | — | 47 | +$183 | |
| 15 | $5,776 | 6.490% | — | 110 | +$364 | |
| 16 | $5,794 | 6.625% | — | 51 | +$382 | |
| 17 | $5,810 | 6.125% | — | 116 | +$398 | |
| 18 | $9,975 | 6.250% | — | 169 | +$4,563 | |
| 19 | $13,252 | 6.125% | — | 67 | +$7,840 | |
| 20 | $15,725 | 6.000% | — | 65 | +$10,313 |
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.