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KINECTA closing costs and rates (2024)

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In 2024, KINECTA originated 190 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $9,517. That is $2,776 above the national median of $6,741. KINECTA is most active in California with 124 originations there.

Purchase Originations

190

Median Total Costs

$9,517

+41.2% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$1,495

Median Lender Credits

$1,000

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1856.625%$9,594$1,495

Active states

StateVolumeMedian RateMedian Total CostsState Rank
California1246.625%$11,121#184
Washington146.750%$12,678
New York126.875%$4,421
Arizona66.688%$12,750
Texas66.625%$5,730
Florida55.750%$9,611
Colorado47.250%$4,571
North Carolina36.500%$5,777
Utah37.000%$16,836
Georgia26.750%$5,469
Idaho26.375%$11,658
Montana26.812%$8,150
Kansas16.000%$7,178
Louisiana16.125%$9,761
Maryland16.750%$5,116
Missouri16.500%$3,388
New Jersey16.250%$5,806
Nevada15.625%$16,719
Ohio16.625%$7,273

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$4,2827.375%1−$5,235
2$4,3306.875%8−$5,187
3$4,3757.000%3−$5,142
4$6,3696.750%2−$3,148
5$7,5386.250%2−$1,979
6$8,0996.750%6−$1,418
7$8,8346.625%5−$683
8$9,0816.625%48−$436
9$9,3616.125%3−$156
10$11,9586.750%2+$2,441
11$12,7455.750%2+$3,228
12$13,4227.000%7+$3,905
13$13,4507.312%4+$3,933
14$14,1466.625%23+$4,629
15$14,5776.750%11+$5,060
16$14,7196.938%4+$5,202
17$15,3826.625%4+$5,865
18$15,8197.125%3+$6,302
19$17,7547.375%5+$8,237
20$21,4286.750%2+$11,911

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.