First Commonwealth Bank closing costs and rates (2024)
In 2024, First Commonwealth Bank originated 1,011 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $4,824. That ranks #370 nationally by origination volume. For total closing costs among lenders with 500+ originations, First Commonwealth Bank ranks #185. That is $1,917 below the national median of $6,741. First Commonwealth Bank is most active in Pennsylvania with 649 originations there.
Purchase Originations
1,011
Ranked #370 nationally
Median Total Costs
$4,824
−28.4% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,565
Median Lender Credits
$800
Cost Rank (500+ vol.)
#185
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 872 | 6.625% | $4,667 | $1,599 |
| fha | 94 | 6.250% | $6,928 | $1,286 |
| va | 24 | 6.000% | $7,276 | $1,395 |
| usda | 21 | 6.500% | $6,385 | $1,665 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 649 | 6.500% | $4,840 | #32 |
| Ohio | 350 | 6.625% | $4,794 | #65 |
| Illinois | 3 | 6.125% | $7,378 | — |
| Indiana | 2 | 7.000% | $3,787 | — |
| Kentucky | 2 | 7.058% | $5,657 | — |
| West Virginia | 2 | 6.562% | $8,153 | — |
| Florida | 1 | 6.625% | $5,410 | — |
| New Jersey | 1 | 6.750% | $3,939 | — |
| South Carolina | 1 | 6.125% | $5,300 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,782 | 6.375% | — | 40 | −$1,042 | |
| 2 | $3,975 | 6.625% | — | 34 | −$849 | |
| 3 | $4,100 | 6.625% | — | 52 | −$724 | |
| 4 | $4,308 | 6.500% | — | 26 | −$516 | |
| 5 | $4,513 | 6.500% | — | 26 | −$311 | |
| 6 | $4,631 | 6.875% | — | 35 | −$193 | |
| 7 | $4,682 | 6.625% | — | 20 | −$142 | |
| 8 | $4,766 | 6.625% | — | 66 | −$58 | |
| 9 | $4,840 | 6.500% | — | 103 | +$16 | |
| 10 | $4,842 | 6.625% | — | 161 | +$18 | |
| 11 | $4,850 | 6.375% | — | 12 | +$26 | |
| 12 | $4,874 | 6.500% | — | 47 | +$50 | |
| 13 | $4,902 | 6.688% | — | 16 | +$78 | |
| 14 | $4,938 | 6.625% | — | 25 | +$114 | |
| 15 | $5,118 | 6.312% | — | 22 | +$294 | |
| 16 | $5,135 | 6.490% | — | 83 | +$311 | |
| 17 | $5,342 | 6.490% | — | 17 | +$518 | |
| 18 | $5,503 | 6.875% | — | 13 | +$679 | |
| 19 | $5,619 | 6.875% | — | 27 | +$795 | |
| 20 | $6,110 | 6.625% | — | 13 | +$1,286 |
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.