Liberty Bank Minnesota closing costs and rates (2024)
In 2024, Liberty Bank Minnesota originated 133 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $3,188. That is $3,553 below the national median of $6,741. Liberty Bank Minnesota is most active in Minnesota with 131 originations there.
Purchase Originations
133
Median Total Costs
$3,188
−52.7% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$1,000
Median Lender Credits
$49
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 129 | 6.875% | $3,154 | $1,000 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $0 | 7.500% | — | 1 | −$3,188 | |
| 2 | $50 | 6.625% | — | 1 | −$3,138 | |
| 3 | $250 | 6.125% | — | 1 | −$2,938 | |
| 4 | $874 | 7.000% | — | 1 | −$2,314 | |
| 5 | $2,118 | 6.875% | — | 1 | −$1,070 | |
| 6 | $2,289 | 6.000% | — | 1 | −$899 | |
| 7 | $2,390 | 6.625% | — | 1 | −$798 | |
| 8 | $2,528 | 6.875% | — | 23 | −$660 | |
| 9 | $3,107 | 6.875% | — | 14 | −$81 | |
| 10 | $3,177 | 6.875% | — | 1 | −$11 | |
| 11 | $3,312 | 6.625% | — | 66 | +$124 | |
| 12 | $3,489 | 6.625% | — | 7 | +$301 | |
| 13 | $3,692 | 7.000% | — | 7 | +$504 | |
| 14 | $3,721 | 6.750% | — | 2 | +$533 | |
| 15 | $4,000 | 6.500% | — | 1 | +$812 | |
| 16 | $4,596 | 6.000% | — | 1 | +$1,408 | |
| 17 | $5,617 | 6.688% | — | 2 | +$2,429 | |
| 18 | $6,175 | 6.125% | — | 1 | +$2,987 | |
| 19 | $6,934 | 7.000% | — | 1 | +$3,746 |
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.