FIRST EQUITY MORTGAGE INCORPORATED closing costs and rates (2024)
In 2024, FIRST EQUITY MORTGAGE INCORPORATED originated 1,320 purchase mortgages at a median interest rate of 6.49% and median total closing costs of $5,898. That ranks #301 nationally by origination volume. For total closing costs among lenders with 500+ originations, FIRST EQUITY MORTGAGE INCORPORATED ranks #276. That is $843 below the national median of $6,741. FIRST EQUITY MORTGAGE INCORPORATED is most active in Texas with 326 originations there.
Purchase Originations
1,320
Ranked #301 nationally
Median Total Costs
$5,898
−12.5% vs national ($6,741)
Median Rate
6.490%
−2.0% vs national (6.620%)
Median Origination
$1,095
Median Lender Credits
$56
Cost Rank (500+ vol.)
#276
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,148 | 6.500% | $5,470 | $1,095 |
| va | 125 | 5.875% | $10,132 | $1,095 |
| fha | 46 | 6.062% | $15,623 | $1,095 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,928 | 6.625% | — | 24 | −$1,970 | |
| 2 | $4,031 | 6.500% | — | 75 | −$1,867 | |
| 3 | $4,040 | 6.500% | — | 122 | −$1,858 | |
| 4 | $4,164 | 6.433% | — | 38 | −$1,734 | |
| 5 | $4,241 | 6.625% | — | 52 | −$1,657 | |
| 6 | $4,482 | 6.500% | — | 52 | −$1,416 | |
| 7 | $4,711 | 6.125% | — | 57 | −$1,187 | |
| 8 | $4,712 | 6.250% | — | 53 | −$1,186 | |
| 9 | $5,045 | 6.500% | — | 91 | −$853 | |
| 10 | $5,295 | 6.375% | — | 33 | −$603 | |
| 11 | $6,111 | 6.495% | — | 42 | +$213 | |
| 12 | $6,315 | 6.500% | — | 30 | +$417 | |
| 13 | $6,419 | 6.250% | — | 64 | +$521 | |
| 14 | $6,702 | 6.500% | — | 37 | +$804 | |
| 15 | $6,791 | 6.500% | — | 67 | +$893 | |
| 16 | $7,194 | 6.625% | — | 59 | +$1,296 | |
| 17 | $7,287 | 6.875% | — | 38 | +$1,389 | |
| 18 | $9,181 | 6.125% | — | 36 | +$3,283 | |
| 19 | $10,200 | 6.250% | — | 30 | +$4,302 | |
| 20 | $14,503 | 5.990% | — | 37 | +$8,605 |
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.