LUXURY MORTGAGE CORP. closing costs and rates (2024)
In 2024, LUXURY MORTGAGE CORP. originated 339 purchase mortgages at a median interest rate of 7.38% and median total closing costs of $18,963. That is $12,222 above the national median of $6,741. LUXURY MORTGAGE CORP. is most active in California with 113 originations there.
Purchase Originations
339
Median Total Costs
$18,963
+181.3% vs national ($6,741)
Median Rate
7.375%
+11.4% vs national (6.620%)
Median Origination
$13,571
Median Lender Credits
$3,328
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 339 | 7.375% | $18,963 | $13,571 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 113 | 7.375% | $20,684 | #193 |
| Florida | 55 | 7.750% | $17,589 | #314 |
| New York | 53 | 7.250% | $21,474 | #146 |
| Texas | 31 | 7.375% | $17,362 | — |
| New Jersey | 27 | 7.625% | $18,150 | — |
| Massachusetts | 6 | 7.749% | $21,176 | — |
| Colorado | 5 | 7.250% | $7,657 | — |
| Pennsylvania | 5 | 7.750% | $15,055 | — |
| Washington | 5 | 7.250% | $13,495 | — |
| Arizona | 4 | 7.437% | $10,664 | — |
| Oregon | 4 | 7.124% | $19,934 | — |
| Virginia | 4 | 8.375% | $22,044 | — |
| Ohio | 3 | 8.500% | $9,074 | — |
| Tennessee | 3 | 7.375% | $21,173 | — |
| Utah | 3 | 7.999% | $13,718 | — |
| Georgia | 2 | 7.875% | $9,487 | — |
| Louisiana | 2 | 8.250% | $14,652 | — |
| Michigan | 2 | 8.250% | $10,548 | — |
| North Carolina | 2 | 7.750% | $11,508 | — |
| Alabama | 1 | 8.875% | $19,506 | — |
| Connecticut | 1 | 6.999% | $14,670 | — |
| District of Columbia | 1 | 6.999% | $19,138 | — |
| Illinois | 1 | 8.250% | $13,783 | — |
| Maryland | 1 | 6.750% | $7,007 | — |
| New Hampshire | 1 | 6.999% | $19,316 | — |
| New Mexico | 1 | 7.500% | $13,512 | — |
| Nevada | 1 | 7.375% | $12,455 | — |
| South Carolina | 1 | 8.875% | $10,957 | — |
| Wisconsin | 1 | 9.625% | $19,767 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $11,876 | 7.250% | — | 3 | −$7,087 | |
| 2 | $12,353 | 7.750% | — | 5 | −$6,610 | |
| 3 | $12,428 | 8.250% | — | 5 | −$6,535 | |
| 4 | $12,798 | 7.625% | — | 5 | −$6,165 | |
| 5 | $13,837 | 7.812% | — | 4 | −$5,126 | |
| 6 | $14,033 | 7.374% | — | 4 | −$4,930 | |
| 7 | $14,689 | 7.875% | — | 5 | −$4,274 | |
| 8 | $15,869 | 7.999% | — | 8 | −$3,094 | |
| 9 | $18,637 | 7.999% | — | 9 | −$326 | |
| 10 | $19,081 | 7.375% | — | 11 | +$118 | |
| 11 | $19,789 | 6.999% | — | 9 | +$826 | |
| 12 | $20,574 | 7.688% | — | 6 | +$1,611 | |
| 13 | $21,123 | 7.375% | — | 19 | +$2,160 | |
| 14 | $22,540 | 7.500% | — | 3 | +$3,577 | |
| 15 | $23,255 | 7.125% | — | 10 | +$4,292 | |
| 16 | $23,326 | 7.250% | — | 60 | +$4,363 | |
| 17 | $23,507 | 7.312% | — | 10 | +$4,544 | |
| 18 | $24,376 | 7.500% | — | 9 | +$5,413 | |
| 19 | $29,752 | 7.375% | — | 6 | +$10,789 | |
| 20 | $30,693 | 7.625% | — | 8 | +$11,730 |
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.