Machias Savings Bank closing costs and rates (2024)
In 2024, Machias Savings Bank originated 148 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $3,931. That is $2,810 below the national median of $6,741. Machias Savings Bank is most active in Maine with 148 originations there.
Purchase Originations
148
Median Total Costs
$3,931
−41.7% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$800
Median Lender Credits
$100
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 116 | 6.938% | $3,730 | $1,320 |
| usda | 32 | 5.950% | $4,199 | $350 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maine | 148 | 6.875% | $3,931 | #19 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,664 | 6.875% | — | 17 | −$267 | |
| 2 | $3,808 | 7.188% | — | 2 | −$123 | |
| 3 | $3,901 | 5.950% | — | 63 | −$30 | |
| 4 | $3,998 | 5.662% | — | 2 | +$67 | |
| 5 | $4,032 | 7.375% | — | 25 | +$101 | |
| 6 | $4,099 | 7.375% | — | 25 | +$168 | |
| 7 | $4,417 | 6.625% | — | 1 | +$486 | |
| 8 | $4,550 | 7.750% | — | 1 | +$619 | |
| 9 | $4,878 | 6.812% | — | 8 | +$947 | |
| 10 | $5,366 | 5.375% | — | 1 | +$1,435 | |
| 11 | $5,906 | 7.875% | — | 3 | +$1,975 |
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.