First Dakota National Bank closing costs and rates (2024)
In 2024, First Dakota National Bank originated 333 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $2,700. That is $4,041 below the national median of $6,741. First Dakota National Bank is most active in South Dakota with 323 originations there.
Purchase Originations
333
Median Total Costs
$2,700
−60.0% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$494
Median Lender Credits
$138
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 267 | 6.500% | $2,506 | $494 |
| fha | 39 | 6.000% | $6,347 | $494 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 323 | 6.500% | $2,709 | #5 |
| Minnesota | 4 | 6.812% | $4,504 | — |
| Nebraska | 3 | 6.750% | $2,149 | — |
| Colorado | 1 | 6.500% | $2,523 | — |
| Iowa | 1 | 7.000% | $2,308 | — |
| North Dakota | 1 | 6.500% | $2,593 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,308 | 7.000% | — | 1 | −$392 | |
| 2 | $2,338 | 7.075% | — | 2 | −$362 | |
| 3 | $2,484 | 6.312% | — | 4 | −$216 | |
| 4 | $2,501 | 6.625% | — | 20 | −$199 | |
| 5 | $2,520 | 6.250% | — | 6 | −$180 | |
| 6 | $2,523 | 6.500% | — | 1 | −$177 | |
| 7 | $2,546 | 6.625% | — | 10 | −$154 | |
| 8 | $2,611 | 6.500% | — | 21 | −$89 | |
| 9 | $2,653 | 6.433% | — | 38 | −$47 | |
| 10 | $2,653 | 6.375% | — | 10 | −$47 | |
| 11 | $2,659 | 6.062% | — | 10 | −$41 | |
| 12 | $2,792 | 6.500% | — | 117 | +$92 | |
| 13 | $2,840 | 6.250% | — | 60 | +$140 | |
| 14 | $3,004 | 7.125% | — | 3 | +$304 | |
| 15 | $3,088 | 6.812% | — | 2 | +$388 | |
| 16 | $3,270 | 6.062% | — | 6 | +$570 | |
| 17 | $4,297 | 6.125% | — | 3 | +$1,597 | |
| 18 | $4,602 | 6.688% | — | 2 | +$1,902 | |
| 19 | $5,841 | 8.750% | — | 1 | +$3,141 | |
| 20 | $8,446 | 8.050% | — | 1 | +$5,746 |
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.