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Loansteady LLC closing costs and rates (2024)

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In 2024, Loansteady LLC originated 516 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $6,598. That ranks #625 nationally by origination volume. For total closing costs among lenders with 500+ originations, Loansteady LLC ranks #341. That is $143 below the national median of $6,741. Loansteady LLC is most active in Louisiana with 130 originations there.

Purchase Originations

516

Ranked #625 nationally

Median Total Costs

$6,598

−2.1% vs national ($6,741)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$1,605

Median Lender Credits

$72

Cost Rank (500+ vol.)

#341

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional2836.625%$5,529$1,490
fha1056.500%$10,455$2,539
va916.250%$7,927$1,490
usda376.625%$6,393$2,028

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Louisiana1306.625%$7,064#47
North Carolina886.125%$6,174#153
Georgia736.500%$7,927#165
Virginia526.433%$5,789#175
Mississippi516.625%$7,027#63
District of Columbia386.500%$6,182
Illinois246.933%$5,272
Maryland206.624%$5,272
Florida136.250%$9,685
Iowa56.490%$8,020
Texas55.990%$7,650
South Carolina36.250%$11,419
Colorado26.250%$3,931
North Dakota26.625%$6,297
Ohio26.438%$12,560
Alabama16.500%$7,126
Massachusetts16.375%$5,299
Michigan16.125%$8,367
New Jersey16.125%$5,912
New Mexico16.750%$2,521
Pennsylvania16.875%$6,016
Washington16.500%$5,427
West Virginia16.490%$4,057

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$4,7276.125%26−$1,871
2$5,2036.990%13−$1,395
3$5,2386.750%10−$1,360
4$5,2836.312%10−$1,315
5$5,3386.250%7−$1,260
6$5,4806.500%18−$1,118
7$5,5626.875%7−$1,036
8$5,8476.375%5−$751
9$6,0276.562%10−$571
10$6,1826.500%38−$416
11$6,5916.812%30−$7
12$6,9706.750%21+$372
13$6,9856.625%58+$387
14$7,0236.250%7+$425
15$7,2276.750%7+$629
16$7,7166.250%21+$1,118
17$7,7666.250%8+$1,168
18$8,9446.490%13+$2,346
19$9,0566.500%15+$2,458
20$9,2736.125%31+$2,675

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.