HOME MORTGAGE ALLIANCE CORPORATION (HMAC) closing costs and rates (2024)
In 2024, HOME MORTGAGE ALLIANCE CORPORATION (HMAC) originated 762 purchase mortgages at a median interest rate of 7.12% and median total closing costs of $14,581. That ranks #472 nationally by origination volume. For total closing costs among lenders with 500+ originations, HOME MORTGAGE ALLIANCE CORPORATION (HMAC) ranks #619. That is $7,840 above the national median of $6,741. HOME MORTGAGE ALLIANCE CORPORATION (HMAC) is most active in California with 306 originations there.
Purchase Originations
762
Ranked #472 nationally
Median Total Costs
$14,581
+116.3% vs national ($6,741)
Median Rate
7.125%
+7.6% vs national (6.620%)
Median Origination
$7,450
Median Lender Credits
$1,873
Cost Rank (500+ vol.)
#619
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 392 | 7.375% | $13,300 | $9,678 |
| fha | 319 | 6.625% | $16,417 | $6,413 |
| va | 51 | 6.250% | $10,440 | $4,650 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 306 | 6.875% | $15,555 | #109 |
| Florida | 71 | 7.375% | $15,333 | #279 |
| Texas | 58 | 7.125% | $13,699 | #336 |
| Minnesota | 45 | 7.125% | $10,928 | — |
| Virginia | 38 | 7.057% | $13,739 | — |
| Washington | 37 | 7.125% | $17,486 | — |
| Arizona | 30 | 6.870% | $14,517 | — |
| Georgia | 27 | 7.125% | $15,490 | — |
| Maryland | 12 | 7.125% | $19,359 | — |
| Ohio | 12 | 7.438% | $11,660 | — |
| Alabama | 10 | 6.250% | $8,421 | — |
| Hawaii | 10 | 7.438% | $14,973 | — |
| North Carolina | 10 | 7.625% | $12,300 | — |
| Missouri | 9 | 7.250% | $9,287 | — |
| New Jersey | 9 | 6.875% | $16,721 | — |
| Nevada | 8 | 6.688% | $14,987 | — |
| Pennsylvania | 7 | 6.750% | $13,782 | — |
| Tennessee | 7 | 6.990% | $10,729 | — |
| Oregon | 6 | 6.375% | $14,536 | — |
| Kentucky | 5 | 7.500% | $11,777 | — |
| Illinois | 4 | 6.808% | $15,717 | — |
| Indiana | 4 | 7.688% | $7,472 | — |
| South Carolina | 4 | 6.188% | $12,486 | — |
| Colorado | 3 | 7.625% | $19,737 | — |
| Connecticut | 3 | 8.250% | $10,884 | — |
| Idaho | 3 | 7.125% | $18,808 | — |
| Louisiana | 3 | 6.990% | $10,396 | — |
| Massachusetts | 3 | 6.625% | $18,358 | — |
| Michigan | 3 | 6.750% | $16,775 | — |
| Utah | 3 | 7.625% | $14,978 | — |
| Wisconsin | 3 | 7.125% | $10,138 | — |
| New Mexico | 2 | 7.250% | $12,456 | — |
| West Virginia | 2 | 7.188% | $16,110 | — |
| Delaware | 1 | 6.875% | $18,938 | — |
| Iowa | 1 | 7.125% | $6,781 | — |
| Kansas | 1 | 7.375% | $18,535 | — |
| Mississippi | 1 | 8.250% | $5,477 | — |
| Montana | 1 | 7.625% | $21,613 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $10,425 | 6.625% | — | 11 | −$4,156 | |
| 2 | $11,586 | 6.625% | — | 12 | −$2,995 | |
| 3 | $11,939 | 7.124% | — | 13 | −$2,642 | |
| 4 | $12,074 | 7.125% | — | 11 | −$2,507 | |
| 5 | $13,025 | 6.875% | — | 36 | −$1,556 | |
| 6 | $14,333 | 6.875% | — | 42 | −$248 | |
| 7 | $14,477 | 7.250% | — | 10 | −$104 | |
| 8 | $14,583 | 6.750% | — | 25 | +$2 | |
| 9 | $14,864 | 7.500% | — | 14 | +$283 | |
| 10 | $15,689 | 6.500% | — | 13 | +$1,108 | |
| 11 | $16,053 | 6.933% | — | 16 | +$1,472 | |
| 12 | $16,338 | 7.250% | — | 9 | +$1,757 | |
| 13 | $17,151 | 6.875% | — | 35 | +$2,570 | |
| 14 | $17,498 | 7.125% | — | 30 | +$2,917 | |
| 15 | $17,760 | 6.938% | — | 8 | +$3,179 | |
| 16 | $19,694 | 7.250% | — | 50 | +$5,113 | |
| 17 | $19,818 | 6.938% | — | 10 | +$5,237 | |
| 18 | $20,454 | 7.500% | — | 9 | +$5,873 | |
| 19 | $23,387 | 6.875% | — | 11 | +$8,806 | |
| 20 | $26,362 | 6.308% | — | 8 | +$11,781 |
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.