First PREMIER Bank closing costs and rates (2024)
In 2024, First PREMIER Bank originated 396 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $5,278. That is $1,463 below the national median of $6,741. First PREMIER Bank is most active in South Dakota with 367 originations there.
Purchase Originations
396
Median Total Costs
$5,278
−21.7% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$575
Median Lender Credits
$250
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 239 | 6.625% | $4,123 | $1,775 |
| fha | 126 | 6.125% | $7,137 | $499 |
| va | 26 | 5.812% | $5,516 | $1,244 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 367 | 6.375% | $5,299 | #3 |
| Minnesota | 14 | 6.812% | $5,157 | — |
| Iowa | 11 | 6.125% | $4,868 | — |
| Arizona | 1 | 6.875% | $5,630 | — |
| Florida | 1 | 6.125% | $9,519 | — |
| North Dakota | 1 | 5.750% | $2,986 | — |
| Nebraska | 1 | 5.875% | $7,893 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,980 | 6.812% | — | 2 | −$2,298 | |
| 2 | $3,388 | 6.625% | — | 5 | −$1,890 | |
| 3 | $3,754 | 6.375% | — | 5 | −$1,524 | |
| 4 | $3,754 | 6.375% | — | 4 | −$1,524 | |
| 5 | $3,820 | 6.490% | — | 9 | −$1,458 | |
| 6 | $3,997 | 6.750% | — | 4 | −$1,281 | |
| 7 | $4,105 | 6.250% | — | 2 | −$1,173 | |
| 8 | $4,350 | 6.250% | — | 3 | −$928 | |
| 9 | $4,566 | 6.375% | — | 5 | −$712 | |
| 10 | $4,885 | 6.125% | — | 10 | −$393 | |
| 11 | $4,903 | 6.125% | — | 9 | −$375 | |
| 12 | $4,966 | 6.312% | — | 2 | −$312 | |
| 13 | $5,272 | 6.000% | — | 13 | −$6 | |
| 14 | $5,615 | 6.375% | — | 58 | +$337 | |
| 15 | $5,646 | 6.125% | — | 3 | +$368 | |
| 16 | $5,708 | 6.250% | — | 197 | +$430 | |
| 17 | $5,874 | 6.188% | — | 4 | +$596 | |
| 18 | $5,898 | 7.062% | — | 4 | +$620 | |
| 19 | $5,902 | 6.500% | — | 22 | +$624 | |
| 20 | $6,536 | 5.625% | — | 3 | +$1,258 |
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.