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Kearny Bank closing costs and rates (2024)

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In 2024, Kearny Bank originated 371 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $5,444. That is $1,297 below the national median of $6,741. Kearny Bank is most active in New Jersey with 359 originations there.

Purchase Originations

371

Median Total Costs

$5,444

−19.2% vs national ($6,741)

Median Rate

6.375%

−3.7% vs national (6.620%)

Median Origination

$1,125

Median Lender Credits

$1,132

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional3716.375%$5,444$1,125

Active states

StateVolumeMedian RateMedian Total CostsState Rank
New Jersey3596.375%$5,444#46
New York46.438%$6,970
Pennsylvania26.312%$5,690
Georgia16.990%$4,382
Louisiana16.375%$3,599
Massachusetts16.750%$5,516
North Carolina15.875%$2,870
Ohio15.875%$3,623
South Carolina16.750%$4,442

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$2,8705.875%1−$2,574
2$3,1926.375%3−$2,252
3$4,4156.500%7−$1,029
4$4,5126.375%21−$932
5$4,7296.375%10−$715
6$4,9066.495%34−$538
7$4,9196.250%7−$525
8$4,9526.125%9−$492
9$5,2986.250%38−$146
10$5,3656.375%21−$79
11$5,3746.375%19−$70
12$5,4196.312%54−$25
13$5,5166.750%1+$72
14$5,5926.433%40+$148
15$5,6906.312%2+$246
16$5,7966.433%22+$352
17$6,2396.375%37+$795
18$6,4436.090%9+$999
19$6,7046.438%2+$1,260
20$7,0646.500%28+$1,620

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.