GECU Federal Credit Union closing costs and rates (2024)
In 2024, GECU Federal Credit Union originated 248 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $3,013. That is $3,728 below the national median of $6,741. GECU Federal Credit Union is most active in Texas with 240 originations there.
Purchase Originations
248
Median Total Costs
$3,013
−55.3% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$0
Median Lender Credits
$42
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 248 | 6.875% | $3,013 | $0 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 240 | 6.875% | $3,009 | #178 |
| New Mexico | 8 | 6.688% | $3,703 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,323 | 7.250% | — | 1 | −$1,690 | |
| 2 | $2,769 | 8.375% | — | 1 | −$244 | |
| 3 | $2,997 | 6.875% | — | 233 | −$16 | |
| 4 | $3,571 | 7.375% | — | 1 | +$558 | |
| 5 | $4,063 | 6.625% | — | 6 | +$1,050 | |
| 6 | $4,074 | 7.625% | — | 1 | +$1,061 | |
| 7 | $5,315 | 6.375% | — | 1 | +$2,302 | |
| 8 | $6,188 | 8.375% | — | 1 | +$3,175 | |
| 9 | $6,998 | 6.875% | — | 1 | +$3,985 | |
| 10 | $8,900 | 6.000% | — | 1 | +$5,887 | |
| 11 | $9,761 | 5.375% | — | 1 | +$6,748 |
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.