Fortress Bank closing costs and rates (2024)
In 2024, Fortress Bank originated 541 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,302. That ranks #609 nationally by origination volume. For total closing costs among lenders with 500+ originations, Fortress Bank ranks #66. That is $3,439 below the national median of $6,741. Fortress Bank is most active in Iowa with 433 originations there.
Purchase Originations
541
Ranked #609 nationally
Median Total Costs
$3,302
−51.0% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,165
Median Lender Credits
$61
Cost Rank (500+ vol.)
#66
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 372 | 6.625% | $2,582 | $997 |
| fha | 144 | 6.625% | $6,858 | $1,565 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Iowa | 433 | 6.625% | $3,528 | #14 |
| Illinois | 87 | 6.625% | $2,143 | #153 |
| Missouri | 3 | 6.125% | $2,523 | — |
| Arizona | 2 | 7.062% | $4,660 | — |
| Florida | 2 | 7.562% | $8,402 | — |
| Nebraska | 2 | 6.375% | $4,516 | — |
| California | 1 | 6.875% | $5,651 | — |
| Kansas | 1 | 6.000% | $2,780 | — |
| Kentucky | 1 | 7.125% | $6,083 | — |
| Minnesota | 1 | 7.750% | $7,162 | — |
| Montana | 1 | 6.500% | $4,084 | — |
| North Carolina | 1 | 7.125% | $4,037 | — |
| New Jersey | 1 | 7.990% | $7,249 | — |
| Nevada | 1 | 6.500% | $3,560 | — |
| Ohio | 1 | 6.875% | $3,205 | — |
| Pennsylvania | 1 | 7.125% | $9,203 | — |
| Tennessee | 1 | 6.875% | $4,394 | — |
| Wisconsin | 1 | 6.750% | $9,750 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,664 | 6.625% | — | 12 | −$1,638 | |
| 2 | $2,044 | 6.438% | — | 20 | −$1,258 | |
| 3 | $2,137 | 6.438% | — | 26 | −$1,165 | |
| 4 | $2,363 | 6.375% | — | 21 | −$939 | |
| 5 | $2,368 | 7.250% | — | 11 | −$934 | |
| 6 | $2,504 | 6.688% | — | 6 | −$798 | |
| 7 | $2,752 | 6.312% | — | 4 | −$550 | |
| 8 | $2,765 | 6.625% | — | 6 | −$537 | |
| 9 | $3,288 | 6.500% | — | 6 | −$14 | |
| 10 | $3,320 | 6.750% | — | 62 | +$18 | |
| 11 | $3,405 | 6.250% | — | 17 | +$103 | |
| 12 | $3,482 | 6.625% | — | 3 | +$180 | |
| 13 | $3,534 | 6.750% | — | 4 | +$232 | |
| 14 | $3,579 | 6.625% | — | 31 | +$277 | |
| 15 | $3,595 | 6.625% | — | 231 | +$293 | |
| 16 | $3,613 | 6.125% | — | 6 | +$311 | |
| 17 | $4,336 | 6.875% | — | 5 | +$1,034 | |
| 18 | $4,489 | 6.688% | — | 8 | +$1,187 | |
| 19 | $4,552 | 6.625% | — | 7 | +$1,250 | |
| 20 | $5,050 | 6.625% | — | 9 | +$1,748 |
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.