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GVC MORTGAGE, INC. closing costs and rates (2024)

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In 2024, GVC MORTGAGE, INC. originated 3,682 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $5,772. That ranks #130 nationally by origination volume. For total closing costs among lenders with 500+ originations, GVC MORTGAGE, INC. ranks #267. That is $969 below the national median of $6,741. GVC MORTGAGE, INC. is most active in Indiana with 2,785 originations there.

Purchase Originations

3,682

Ranked #130 nationally

Median Total Costs

$5,772

−14.4% vs national ($6,741)

Median Rate

6.875%

+3.9% vs national (6.620%)

Median Origination

$3,354

Median Lender Credits

$100

Cost Rank (500+ vol.)

#267

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional2,2826.938%$4,787$3,173
fha9786.750%$9,137$3,877
va2196.625%$5,990$2,358
usda2037.000%$6,163$2,988

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Indiana2,7856.875%$5,481#3
Michigan4226.763%$6,752#44
Ohio2187.125%$5,709#88
Tennessee1586.625%$8,563#92
Virginia526.625%$7,738#174
Florida216.875%$7,751
Kentucky86.862%$7,490
Illinois76.990%$6,482
North Carolina66.625%$7,242
Arizona26.438%$13,694
Alabama16.125%$3,608
South Carolina17.000%$6,900
Texas15.875%$7,143

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$4,4396.750%68−$1,333
2$4,5926.688%212−$1,180
3$4,6587.000%83−$1,114
4$5,0587.100%101−$714
5$5,0826.975%107−$690
6$5,3756.990%111−$397
7$5,4076.875%517−$365
8$5,4277.000%46−$345
9$5,4906.625%240−$282
10$5,5626.825%77−$210
11$5,7226.875%126−$50
12$5,7956.990%59+$23
13$5,8907.000%198+$118
14$6,1396.990%69+$367
15$6,2836.975%44+$511
16$6,5386.625%109+$766
17$6,6446.625%64+$872
18$6,7526.625%54+$980
19$6,9167.100%124+$1,144
20$8,2636.500%59+$2,491

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.