FIRST WORLD MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, FIRST WORLD MORTGAGE CORPORATION originated 1,105 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,707. That ranks #348 nationally by origination volume. For total closing costs among lenders with 500+ originations, FIRST WORLD MORTGAGE CORPORATION ranks #262. That is $1,034 below the national median of $6,741. FIRST WORLD MORTGAGE CORPORATION is most active in Connecticut with 1,084 originations there.
Purchase Originations
1,105
Ranked #348 nationally
Median Total Costs
$5,707
−15.3% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,295
Median Lender Credits
$300
Cost Rank (500+ vol.)
#262
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 813 | 6.625% | $5,029 | $1,295 |
| fha | 279 | 6.250% | $10,179 | $1,295 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Connecticut | 1,084 | 6.500% | $5,626 | #3 |
| Massachusetts | 19 | 6.625% | $10,057 | — |
| Florida | 1 | 6.625% | $5,318 | — |
| New Jersey | 1 | 6.125% | $16,467 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,714 | 6.500% | — | 24 | −$993 | |
| 2 | $5,051 | 6.750% | — | 5 | −$656 | |
| 3 | $5,270 | 6.500% | — | 149 | −$437 | |
| 4 | $5,296 | 6.500% | — | 82 | −$411 | |
| 5 | $5,318 | 6.625% | — | 1 | −$389 | |
| 6 | $5,587 | 6.500% | — | 626 | −$120 | |
| 7 | $5,831 | 6.625% | — | 57 | +$124 | |
| 8 | $6,074 | 6.500% | — | 18 | +$367 | |
| 9 | $6,339 | 6.125% | — | 1 | +$632 | |
| 10 | $6,901 | 6.500% | — | 123 | +$1,194 | |
| 11 | $7,773 | 5.875% | — | 1 | +$2,066 | |
| 12 | $11,023 | 6.750% | — | 15 | +$5,316 | |
| 13 | $15,928 | 6.688% | — | 2 | +$10,221 | |
| 14 | $16,467 | 6.125% | — | 1 | +$10,760 |
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.