HSBC BANK USA, NATIONAL ASSOCIATION closing costs and rates (2024)
In 2024, HSBC BANK USA, NATIONAL ASSOCIATION originated 2,496 purchase mortgages at a median interest rate of 6.05% and median total closing costs of $6,173. That ranks #178 nationally by origination volume. For total closing costs among lenders with 500+ originations, HSBC BANK USA, NATIONAL ASSOCIATION ranks #293. That is $568 below the national median of $6,741. HSBC BANK USA, NATIONAL ASSOCIATION is most active in California with 1,371 originations there.
Purchase Originations
2,496
Ranked #178 nationally
Median Total Costs
$6,173
−8.4% vs national ($6,741)
Median Rate
6.053%
−8.6% vs national (6.620%)
Median Origination
$1,475
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#293
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,496 | 6.053% | $6,173 | $1,475 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 1,371 | 5.995% | $6,228 | #33 |
| New York | 367 | 6.135% | $6,109 | #60 |
| Washington | 306 | 5.911% | $5,893 | #44 |
| New Jersey | 120 | 6.224% | $6,850 | #99 |
| Texas | 60 | 6.240% | $8,530 | #330 |
| Florida | 57 | 6.218% | $9,210 | #311 |
| Massachusetts | 26 | 6.247% | $6,070 | — |
| Virginia | 22 | 6.338% | $5,608 | — |
| Georgia | 20 | 6.613% | $6,015 | — |
| Illinois | 19 | 6.275% | $6,705 | — |
| Pennsylvania | 17 | 6.580% | $6,403 | — |
| Tennessee | 14 | 6.151% | $3,751 | — |
| North Carolina | 12 | 6.375% | $4,332 | — |
| Colorado | 8 | 6.251% | $3,978 | — |
| Connecticut | 8 | 6.420% | $6,101 | — |
| Nevada | 8 | 6.140% | $5,520 | — |
| Arizona | 7 | 6.433% | $7,440 | — |
| District of Columbia | 7 | 6.168% | $9,266 | — |
| Maryland | 7 | 6.500% | $6,144 | — |
| Utah | 5 | 6.425% | $5,541 | — |
| Oregon | 4 | 6.220% | $4,815 | — |
| Louisiana | 3 | 6.392% | $5,782 | — |
| Michigan | 3 | 6.000% | $5,447 | — |
| Missouri | 3 | 6.000% | $4,907 | — |
| South Carolina | 3 | 7.225% | $4,255 | — |
| Delaware | 2 | 6.574% | $4,892 | — |
| Kentucky | 2 | 7.159% | $4,589 | — |
| Minnesota | 2 | 6.899% | $3,462 | — |
| Wisconsin | 2 | 6.435% | $3,249 | — |
| Alabama | 1 | 7.075% | $3,652 | — |
| Arkansas | 1 | 6.605% | $5,402 | — |
| Iowa | 1 | 6.975% | $3,391 | — |
| Idaho | 1 | 5.250% | $14,229 | — |
| Kansas | 1 | 6.570% | $2,870 | — |
| Nebraska | 1 | 6.710% | $4,503 | — |
| New Hampshire | 1 | 5.373% | $11,092 | — |
| New Mexico | 1 | 6.550% | $3,262 | — |
| Ohio | 1 | 7.105% | $4,617 | — |
| Rhode Island | 1 | 6.691% | $4,607 | — |
| Vermont | 1 | 6.135% | $7,307 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,021 | 6.068% | — | 147 | −$1,152 | |
| 2 | $5,158 | 5.975% | — | 741 | −$1,015 | |
| 3 | $5,683 | 6.015% | — | 51 | −$490 | |
| 4 | $5,959 | 6.206% | — | 17 | −$214 | |
| 5 | $5,966 | 5.870% | — | 251 | −$207 | |
| 6 | $6,081 | 6.072% | — | 43 | −$92 | |
| 7 | $6,540 | 6.295% | — | 15 | +$367 | |
| 8 | $6,638 | 5.921% | — | 29 | +$465 | |
| 9 | $6,672 | 6.369% | — | 17 | +$499 | |
| 10 | $6,902 | 6.249% | — | 34 | +$729 | |
| 11 | $7,024 | 6.100% | — | 75 | +$851 | |
| 12 | $7,098 | 5.970% | — | 169 | +$925 | |
| 13 | $7,186 | 6.104% | — | 91 | +$1,013 | |
| 14 | $7,383 | 6.184% | — | 21 | +$1,210 | |
| 15 | $7,408 | 6.149% | — | 23 | +$1,235 | |
| 16 | $7,606 | 5.965% | — | 181 | +$1,433 | |
| 17 | $8,698 | 5.995% | — | 27 | +$2,525 | |
| 18 | $8,725 | 6.096% | — | 22 | +$2,552 | |
| 19 | $9,956 | 5.995% | — | 99 | +$3,783 | |
| 20 | $10,391 | 6.128% | — | 27 | +$4,218 |
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.