LRS FINANCIAL NETWORK, INC. closing costs and rates (2024)
In 2024, LRS FINANCIAL NETWORK, INC. originated 200 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $6,939. That is $198 above the national median of $6,741. LRS FINANCIAL NETWORK, INC. is most active in Texas with 196 originations there.
Purchase Originations
200
Median Total Costs
$6,939
+2.9% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,780
Median Lender Credits
$500
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 149 | 6.750% | $6,302 | $1,780 |
| fha | 44 | 6.375% | $10,840 | $1,780 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 196 | 6.500% | $6,950 | #202 |
| New Mexico | 4 | 6.562% | $5,438 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,130 | 7.125% | — | 1 | −$3,809 | |
| 2 | $4,488 | 6.188% | — | 2 | −$2,451 | |
| 3 | $5,066 | 6.875% | — | 2 | −$1,873 | |
| 4 | $5,269 | 7.125% | — | 1 | −$1,670 | |
| 5 | $5,315 | 6.490% | — | 7 | −$1,624 | |
| 6 | $5,426 | 6.990% | — | 1 | −$1,513 | |
| 7 | $5,438 | 6.438% | — | 2 | −$1,501 | |
| 8 | $5,535 | 6.990% | — | 2 | −$1,404 | |
| 9 | $5,938 | 6.562% | — | 8 | −$1,001 | |
| 10 | $6,212 | 6.933% | — | 2 | −$727 | |
| 11 | $6,690 | 6.125% | — | 1 | −$249 | |
| 12 | $6,784 | 6.500% | — | 1 | −$155 | |
| 13 | $7,097 | 6.433% | — | 4 | +$158 | |
| 14 | $7,324 | 6.740% | — | 2 | +$385 | |
| 15 | $7,401 | 6.875% | — | 3 | +$462 | |
| 16 | $7,440 | 6.500% | — | 141 | +$501 | |
| 17 | $8,111 | 6.500% | — | 8 | +$1,172 | |
| 18 | $9,287 | 6.250% | — | 1 | +$2,348 | |
| 19 | $9,392 | 6.500% | — | 1 | +$2,453 | |
| 20 | $11,262 | 6.558% | — | 2 | +$4,323 |
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.