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International Bank of Commerce closing costs and rates (2024)

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In 2024, International Bank of Commerce originated 156 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $4,986. That is $1,755 below the national median of $6,741. International Bank of Commerce is most active in Texas with 128 originations there.

Purchase Originations

156

Median Total Costs

$4,986

−26.0% vs national ($6,741)

Median Rate

6.750%

+2.0% vs national (6.620%)

Median Origination

$1,300

Median Lender Credits

$32

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1316.750%$4,647$1,300
fha226.750%$9,551$1,850

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Texas1286.750%$4,969#244
Oklahoma286.812%$5,329

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,6816.750%27−$1,305
2$3,7677.500%3−$1,219
3$3,8996.125%4−$1,087
4$4,0836.625%3−$903
5$4,2296.875%13−$757
6$4,4317.500%3−$555
7$4,5046.625%4−$482
8$4,6017.000%17−$385
9$4,6436.375%8−$343
10$5,0607.250%2+$74
11$5,5006.312%18+$514
12$5,8667.000%8+$880
13$6,2216.625%2+$1,235
14$6,2887.438%12+$1,302
15$6,5997.125%2+$1,613
16$6,6576.375%2+$1,671
17$7,5837.125%2+$2,597
18$8,0307.562%2+$3,044
19$9,0356.125%8+$4,049
20$11,9915.875%2+$7,005

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.