M/I FINANCIAL, LLC closing costs and rates (2024)
In 2024, M/I FINANCIAL, LLC originated 6,199 purchase mortgages at a median interest rate of 6.12% and median total closing costs of $11,863. That ranks #76 nationally by origination volume. For total closing costs among lenders with 500+ originations, M/I FINANCIAL, LLC ranks #592. That is $5,122 above the national median of $6,741. M/I FINANCIAL, LLC is most active in Texas with 1,822 originations there.
Purchase Originations
6,199
Ranked #76 nationally
Median Total Costs
$11,863
+76.0% vs national ($6,741)
Median Rate
6.125%
−7.5% vs national (6.620%)
Median Origination
$6,551
Median Lender Credits
$29
Cost Rank (500+ vol.)
#592
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,920 | 6.500% | $8,420 | $5,530 |
| fha | 1,695 | 5.125% | $18,039 | $8,551 |
| va | 583 | 5.500% | $13,501 | $7,430 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,069 | 6.625% | — | 261 | −$6,794 | |
| 2 | $5,152 | 6.625% | — | 184 | −$6,711 | |
| 3 | $6,576 | 6.500% | — | 248 | −$5,287 | |
| 4 | $7,809 | 6.375% | — | 105 | −$4,054 | |
| 5 | $8,515 | 6.500% | — | 103 | −$3,348 | |
| 6 | $9,118 | 6.000% | — | 156 | −$2,745 | |
| 7 | $10,029 | 5.875% | — | 126 | −$1,834 | |
| 8 | $10,230 | 6.625% | — | 281 | −$1,633 | |
| 9 | $11,314 | 6.750% | — | 153 | −$549 | |
| 10 | $11,444 | 5.875% | — | 122 | −$419 | |
| 11 | $13,958 | 4.875% | — | 130 | +$2,095 | |
| 12 | $14,066 | 6.250% | — | 132 | +$2,203 | |
| 13 | $14,182 | 5.875% | — | 183 | +$2,319 | |
| 14 | $14,193 | 5.250% | — | 179 | +$2,330 | |
| 15 | $14,922 | 5.250% | — | 113 | +$3,059 | |
| 16 | $14,991 | 6.188% | — | 206 | +$3,128 | |
| 17 | $15,832 | 6.000% | — | 309 | +$3,969 | |
| 18 | $16,273 | 5.875% | — | 167 | +$4,410 | |
| 19 | $16,336 | 4.875% | — | 304 | +$4,473 | |
| 20 | $21,262 | 6.125% | — | 176 | +$9,399 |
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.