FairPriceCheck

First Community Bank closing costs and rates (2024)

View First Community Bank's detailed fee breakdowns, user reviews, and gradeView full profile →

In 2024, First Community Bank originated 655 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,877. That ranks #536 nationally by origination volume. For total closing costs among lenders with 500+ originations, First Community Bank ranks #275. That is $864 below the national median of $6,741. First Community Bank is most active in Arkansas with 578 originations there.

Purchase Originations

655

Ranked #536 nationally

Median Total Costs

$5,877

−12.8% vs national ($6,741)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$2,894

Median Lender Credits

$750

Cost Rank (500+ vol.)

#275

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional3616.875%$4,511$2,788
fha2116.125%$8,236$3,109
va516.125%$6,272$2,568
usda326.125%$5,682$2,630

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Arkansas5786.500%$5,804#10
Missouri646.625%$6,584#126
Mississippi46.375%$6,326
Kansas37.375%$6,615
Colorado16.750%$4,918
Illinois16.125%$16,128
Minnesota16.375%$7,031
Oklahoma16.375%$6,075
Tennessee16.000%$21,018
Texas15.875%$5,057

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$4,4646.750%109−$1,413
2$4,8316.500%25−$1,046
3$5,0556.500%12−$822
4$5,1236.625%7−$754
5$5,2466.625%22−$631
6$5,3506.625%11−$527
7$5,4766.250%43−$401
8$5,5826.500%110−$295
9$5,8676.750%12−$10
10$5,9626.688%8+$85
11$5,9856.250%9+$108
12$6,2186.125%5+$341
13$6,5136.625%28+$636
14$6,8566.500%16+$979
15$6,9716.562%8+$1,094
16$7,0656.125%5+$1,188
17$7,1686.438%18+$1,291
18$7,4326.250%63+$1,555
19$7,6886.250%49+$1,811
20$7,7706.312%32+$1,893

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.