German American Bank closing costs and rates (2024)
In 2024, German American Bank originated 627 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $2,817. That ranks #551 nationally by origination volume. For total closing costs among lenders with 500+ originations, German American Bank ranks #39. That is $3,924 below the national median of $6,741. German American Bank is most active in Indiana with 456 originations there.
Purchase Originations
627
Ranked #551 nationally
Median Total Costs
$2,817
−58.2% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$995
Median Lender Credits
$350
Cost Rank (500+ vol.)
#39
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 499 | 6.750% | $2,647 | $995 |
| fha | 82 | 6.500% | $6,818 | $995 |
| va | 23 | 6.625% | $3,971 | $995 |
| usda | 23 | 6.250% | $4,752 | $995 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,258 | 6.500% | — | 23 | −$559 | |
| 2 | $2,423 | 6.625% | — | 55 | −$394 | |
| 3 | $2,454 | 6.625% | — | 27 | −$363 | |
| 4 | $2,498 | 7.000% | — | 27 | −$319 | |
| 5 | $2,613 | 6.562% | — | 20 | −$204 | |
| 6 | $2,633 | 6.562% | — | 30 | −$184 | |
| 7 | $2,670 | 6.625% | — | 24 | −$147 | |
| 8 | $2,694 | 6.495% | — | 16 | −$123 | |
| 9 | $2,718 | 6.500% | — | 21 | −$99 | |
| 10 | $2,720 | 6.625% | — | 15 | −$97 | |
| 11 | $2,743 | 6.875% | — | 12 | −$74 | |
| 12 | $2,833 | 6.625% | — | 44 | +$16 | |
| 13 | $2,854 | 6.500% | — | 18 | +$37 | |
| 14 | $2,896 | 6.875% | — | 41 | +$79 | |
| 15 | $2,925 | 6.500% | — | 11 | +$108 | |
| 16 | $3,205 | 6.812% | — | 12 | +$388 | |
| 17 | $3,295 | 6.750% | — | 10 | +$478 | |
| 18 | $4,095 | 6.750% | — | 16 | +$1,278 | |
| 19 | $6,334 | 6.500% | — | 21 | +$3,517 | |
| 20 | $6,637 | 6.375% | — | 25 | +$3,820 |
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.