KeyBank National Association closing costs and rates (2024)
In 2024, KeyBank National Association originated 3,100 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $4,713. That ranks #148 nationally by origination volume. For total closing costs among lenders with 500+ originations, KeyBank National Association ranks #176. That is $2,028 below the national median of $6,741. KeyBank National Association is most active in New York with 1,073 originations there.
Purchase Originations
3,100
Ranked #148 nationally
Median Total Costs
$4,713
−30.1% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$1,586
Median Lender Credits
$459
Cost Rank (500+ vol.)
#176
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,760 | 6.375% | $4,538 | $1,556 |
| fha | 267 | 6.000% | $8,256 | $2,032 |
| va | 73 | 6.000% | $4,706 | $799 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 1,073 | 6.375% | $4,485 | #23 |
| Ohio | 752 | 6.375% | $4,307 | #34 |
| Washington | 337 | 6.375% | $5,907 | #40 |
| Indiana | 155 | 6.375% | $3,330 | #94 |
| Oregon | 152 | 6.375% | $6,697 | #55 |
| Pennsylvania | 114 | 6.375% | $5,090 | #150 |
| Maine | 77 | 6.750% | $4,568 | #32 |
| Michigan | 70 | 6.625% | $3,942 | #132 |
| Connecticut | 47 | 6.375% | $4,779 | — |
| Colorado | 45 | 6.375% | $4,285 | — |
| Florida | 43 | 6.375% | $6,435 | — |
| Idaho | 42 | 6.375% | $6,658 | — |
| Utah | 42 | 6.375% | $5,250 | — |
| California | 16 | 6.438% | $7,577 | — |
| New Jersey | 15 | 6.375% | $8,728 | — |
| Massachusetts | 12 | 6.625% | $6,102 | — |
| Alaska | 11 | 6.125% | $8,984 | — |
| Vermont | 11 | 6.000% | $4,578 | — |
| Texas | 9 | 6.750% | $6,786 | — |
| Maryland | 7 | 6.500% | $5,579 | — |
| North Carolina | 7 | 6.625% | $4,875 | — |
| Virginia | 7 | 6.375% | $5,499 | — |
| Georgia | 6 | 6.562% | $6,251 | — |
| New Mexico | 6 | 6.812% | $6,014 | — |
| Illinois | 5 | 6.750% | $9,130 | — |
| Missouri | 5 | 6.750% | $3,144 | — |
| South Carolina | 5 | 6.375% | $4,177 | — |
| Arizona | 4 | 6.375% | $6,460 | — |
| Hawaii | 4 | 6.625% | $6,398 | — |
| Kentucky | 4 | 6.688% | $4,135 | — |
| Nevada | 4 | 6.375% | $13,756 | — |
| New Hampshire | 3 | 6.250% | $4,155 | — |
| Tennessee | 3 | 6.625% | $3,694 | — |
| Montana | 2 | 5.875% | $3,079 | — |
| Wisconsin | 2 | 6.875% | $6,526 | — |
| Iowa | 1 | 7.750% | $2,728 | — |
| Rhode Island | 1 | 6.875% | $7,413 | — |
| Wyoming | 1 | 6.375% | $4,258 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,434 | 6.500% | — | 62 | −$1,279 | |
| 2 | $3,925 | 6.375% | — | 71 | −$788 | |
| 3 | $4,037 | 6.625% | — | 31 | −$676 | |
| 4 | $4,105 | 6.375% | — | 63 | −$608 | |
| 5 | $4,111 | 6.375% | — | 151 | −$602 | |
| 6 | $4,116 | 6.375% | — | 35 | −$597 | |
| 7 | $4,162 | 6.500% | — | 37 | −$551 | |
| 8 | $4,244 | 6.375% | — | 82 | −$469 | |
| 9 | $4,412 | 6.625% | — | 31 | −$301 | |
| 10 | $4,421 | 6.375% | — | 351 | −$292 | |
| 11 | $4,424 | 6.625% | — | 58 | −$289 | |
| 12 | $4,467 | 6.375% | — | 47 | −$246 | |
| 13 | $4,468 | 6.438% | — | 50 | −$245 | |
| 14 | $4,589 | 6.375% | — | 154 | −$124 | |
| 15 | $4,755 | 6.375% | — | 28 | +$42 | |
| 16 | $5,063 | 6.375% | — | 36 | +$350 | |
| 17 | $5,110 | 6.125% | — | 45 | +$397 | |
| 18 | $5,979 | 6.375% | — | 56 | +$1,266 | |
| 19 | $6,085 | 6.250% | — | 149 | +$1,372 | |
| 20 | $7,123 | 6.125% | — | 31 | +$2,410 |
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.