Five Star Bank closing costs and rates (2024)
In 2024, Five Star Bank originated 370 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $3,743. That is $2,998 below the national median of $6,741. Five Star Bank is most active in New York with 370 originations there.
Purchase Originations
370
Median Total Costs
$3,743
−44.5% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,100
Median Lender Credits
$500
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 340 | 6.625% | $3,564 | $1,100 |
| fha | 24 | 6.500% | $6,901 | $1,262 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 370 | 6.500% | $3,743 | #58 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,088 | 6.375% | — | 6 | −$655 | |
| 2 | $3,143 | 6.500% | — | 8 | −$600 | |
| 3 | $3,239 | 6.625% | — | 67 | −$504 | |
| 4 | $3,262 | 6.625% | — | 8 | −$481 | |
| 5 | $3,273 | 6.500% | — | 6 | −$470 | |
| 6 | $3,276 | 6.375% | — | 11 | −$467 | |
| 7 | $3,306 | 6.625% | — | 11 | −$437 | |
| 8 | $3,337 | 6.625% | — | 3 | −$406 | |
| 9 | $3,361 | 6.500% | — | 1 | −$382 | |
| 10 | $3,392 | 6.750% | — | 26 | −$351 | |
| 11 | $3,412 | 6.688% | — | 16 | −$331 | |
| 12 | $3,449 | 6.750% | — | 13 | −$294 | |
| 13 | $3,551 | 6.500% | — | 13 | −$192 | |
| 14 | $3,597 | 6.250% | — | 4 | −$146 | |
| 15 | $3,607 | 6.562% | — | 2 | −$136 | |
| 16 | $3,767 | 6.500% | — | 1 | +$24 | |
| 17 | $4,028 | 6.625% | — | 1 | +$285 | |
| 18 | $5,474 | 6.625% | — | 156 | +$1,731 | |
| 19 | $5,758 | 5.000% | — | 16 | +$2,015 | |
| 20 | $9,295 | 6.250% | — | 1 | +$5,552 |
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.