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Home Federal Bank of Tennessee closing costs and rates (2024)

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In 2024, Home Federal Bank of Tennessee originated 317 purchase mortgages at a median interest rate of 5.88% and median total closing costs of $6,850. That is $109 above the national median of $6,741. Home Federal Bank of Tennessee is most active in Tennessee with 317 originations there.

Purchase Originations

317

Median Total Costs

$6,850

+1.6% vs national ($6,741)

Median Rate

5.875%

−11.3% vs national (6.620%)

Median Origination

$4,130

Median Lender Credits

$30

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional3165.875%$6,852$4,140

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Tennessee3175.875%$6,850#51

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$5,9325.750%12−$918
2$5,9565.625%4−$894
3$6,0445.500%1−$806
4$6,5835.875%212−$267
5$6,8425.500%9−$8
6$7,2345.938%40+$384
7$7,9985.750%5+$1,148
8$8,2775.750%3+$1,427
9$8,3615.938%4+$1,511
10$8,9015.750%13+$2,051
11$10,0236.000%1+$3,173
12$10,1495.500%12+$3,299
13$15,4215.750%1+$8,571

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.