GENERAL MORTGAGE CAPITAL CORPORATION closing costs and rates (2024)
In 2024, GENERAL MORTGAGE CAPITAL CORPORATION originated 1,623 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $6,302. That ranks #263 nationally by origination volume. For total closing costs among lenders with 500+ originations, GENERAL MORTGAGE CAPITAL CORPORATION ranks #310. That is $439 below the national median of $6,741. GENERAL MORTGAGE CAPITAL CORPORATION is most active in California with 675 originations there.
Purchase Originations
1,623
Ranked #263 nationally
Median Total Costs
$6,302
−6.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,790
Median Lender Credits
$1,149
Cost Rank (500+ vol.)
#310
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,623 | 6.625% | $6,302 | $1,790 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 675 | 6.875% | $7,207 | #56 |
| Washington | 151 | 6.490% | $5,155 | #83 |
| North Carolina | 111 | 6.490% | $4,072 | #141 |
| Georgia | 103 | 6.500% | $6,589 | #138 |
| Texas | 101 | 6.500% | $6,399 | #269 |
| Massachusetts | 99 | 6.625% | $5,329 | #93 |
| New Jersey | 60 | 6.375% | $6,210 | #136 |
| Nevada | 55 | 6.875% | $4,448 | #94 |
| Florida | 43 | 6.875% | $7,321 | — |
| New York | 42 | 6.500% | $7,736 | — |
| Illinois | 39 | 6.625% | $6,200 | — |
| Ohio | 22 | 6.375% | $4,349 | — |
| Pennsylvania | 15 | 6.625% | $5,791 | — |
| South Carolina | 15 | 6.375% | $5,854 | — |
| Tennessee | 14 | 6.495% | $4,894 | — |
| Missouri | 12 | 6.433% | $4,679 | — |
| Virginia | 11 | 6.375% | $4,730 | — |
| Indiana | 6 | 7.375% | $3,882 | — |
| Kansas | 6 | 6.500% | $3,970 | — |
| Arkansas | 5 | 5.250% | $3,229 | — |
| Wisconsin | 5 | 6.490% | $3,498 | — |
| Minnesota | 4 | 6.375% | $5,516 | — |
| Arizona | 3 | 6.990% | $9,484 | — |
| Delaware | 3 | 6.624% | $4,566 | — |
| Hawaii | 3 | 7.125% | $14,231 | — |
| Iowa | 3 | 5.875% | $3,943 | — |
| Kentucky | 3 | 8.000% | $5,335 | — |
| Colorado | 2 | 5.990% | $2,892 | — |
| Maryland | 2 | 6.812% | $15,575 | — |
| Michigan | 2 | 8.125% | $8,324 | — |
| Alabama | 1 | 6.624% | $2,586 | — |
| Connecticut | 1 | 6.750% | $12,096 | — |
| District of Columbia | 1 | 6.875% | $7,746 | — |
| Nebraska | 1 | 7.125% | $7,015 | — |
| New Mexico | 1 | 7.000% | $4,419 | — |
| Oklahoma | 1 | 6.125% | $4,191 | — |
| Oregon | 1 | 6.375% | $3,772 | — |
| Rhode Island | 1 | 6.375% | $4,197 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,730 | 6.500% | — | 19 | −$2,572 | |
| 2 | $4,075 | 6.495% | — | 50 | −$2,227 | |
| 3 | $4,802 | 6.875% | — | 77 | −$1,500 | |
| 4 | $4,855 | 6.875% | — | 48 | −$1,447 | |
| 5 | $5,134 | 6.625% | — | 22 | −$1,168 | |
| 6 | $5,161 | 6.375% | — | 113 | −$1,141 | |
| 7 | $5,220 | 6.490% | — | 25 | −$1,082 | |
| 8 | $5,581 | 6.750% | — | 57 | −$721 | |
| 9 | $6,541 | 6.625% | — | 25 | +$239 | |
| 10 | $6,639 | 6.875% | — | 23 | +$337 | |
| 11 | $6,835 | 6.625% | — | 83 | +$533 | |
| 12 | $6,868 | 6.990% | — | 44 | +$566 | |
| 13 | $6,996 | 6.750% | — | 59 | +$694 | |
| 14 | $7,283 | 6.750% | — | 55 | +$981 | |
| 15 | $7,366 | 6.875% | — | 40 | +$1,064 | |
| 16 | $7,394 | 6.624% | — | 44 | +$1,092 | |
| 17 | $7,545 | 6.625% | — | 23 | +$1,243 | |
| 18 | $7,797 | 6.625% | — | 137 | +$1,495 | |
| 19 | $8,054 | 7.058% | — | 42 | +$1,752 | |
| 20 | $8,434 | 6.875% | — | 66 | +$2,132 |
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.