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GEORGIA'S OWN closing costs and rates (2024)

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In 2024, GEORGIA'S OWN originated 182 purchase mortgages at a median interest rate of 6.25% and median total closing costs of $6,375. That is $366 below the national median of $6,741. GEORGIA'S OWN is most active in Georgia with 163 originations there.

Purchase Originations

182

Median Total Costs

$6,375

−5.4% vs national ($6,741)

Median Rate

6.250%

−5.6% vs national (6.620%)

Median Origination

$3,000

Median Lender Credits

$900

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1826.250%$6,375$3,000

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Georgia1636.250%$6,410#114
Florida66.188%$7,455
South Carolina35.625%$6,010
Alabama26.688%$5,209
Kentucky26.875%$5,215
North Carolina26.062%$8,644
Arizona16.500%$15,775
Indiana15.875%$3,938
Nevada16.000%$5,728
Texas15.375%$14,676

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$4,4816.375%2−$1,894
2$4,8696.312%4−$1,506
3$5,1746.500%3−$1,201
4$5,1966.750%8−$1,179
5$5,4806.688%4−$895
6$5,6146.812%2−$761
7$5,9366.125%4−$439
8$6,0066.250%11−$369
9$6,0536.250%5−$322
10$6,0576.750%3−$318
11$6,3235.750%4−$52
12$6,3736.250%4−$2
13$6,4186.250%3+$43
14$6,5066.375%13+$131
15$6,5565.938%12+$181
16$7,0246.312%22+$649
17$7,2366.000%2+$861
18$7,4796.250%3+$1,104
19$9,2285.500%21+$2,853
20$9,9666.625%2+$3,591

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.