MEGASTAR FINANCIAL CORP. closing costs and rates (2024)
In 2024, MEGASTAR FINANCIAL CORP. originated 776 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $6,144. That ranks #459 nationally by origination volume. For total closing costs among lenders with 500+ originations, MEGASTAR FINANCIAL CORP. ranks #289. That is $597 below the national median of $6,741. MEGASTAR FINANCIAL CORP. is most active in Colorado with 323 originations there.
Purchase Originations
776
Ranked #459 nationally
Median Total Costs
$6,144
−8.9% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,390
Median Lender Credits
$10,921
Cost Rank (500+ vol.)
#289
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 576 | 6.750% | $5,149 | $1,195 |
| fha | 144 | 6.375% | $11,305 | $1,495 |
| va | 49 | 6.250% | $8,244 | $1,390 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Colorado | 323 | 6.625% | $5,219 | #50 |
| Minnesota | 165 | 6.625% | $5,828 | #69 |
| Missouri | 103 | 6.625% | $5,609 | #97 |
| California | 72 | 6.625% | $11,134 | #231 |
| Maine | 28 | 6.750% | $6,907 | — |
| Kansas | 21 | 6.875% | $5,706 | — |
| Washington | 21 | 6.500% | $14,143 | — |
| Florida | 14 | 6.688% | $8,142 | — |
| Arizona | 6 | 7.125% | $6,443 | — |
| Georgia | 6 | 6.625% | $6,819 | — |
| Wisconsin | 6 | 6.938% | $5,713 | — |
| Montana | 3 | 6.625% | $7,534 | — |
| New Hampshire | 3 | 7.000% | $4,197 | — |
| Tennessee | 2 | 6.812% | $8,421 | — |
| Massachusetts | 1 | 6.625% | $11,363 | — |
| New Mexico | 1 | 6.250% | $18,016 | — |
| Texas | 1 | 6.500% | $6,157 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,625 | 6.562% | — | 14 | −$2,519 | |
| 2 | $4,082 | 6.625% | — | 10 | −$2,062 | |
| 3 | $4,159 | 6.625% | — | 70 | −$1,985 | |
| 4 | $4,272 | 6.875% | — | 25 | −$1,872 | |
| 5 | $4,693 | 7.000% | — | 44 | −$1,451 | |
| 6 | $4,827 | 6.875% | — | 11 | −$1,317 | |
| 7 | $4,831 | 7.000% | — | 8 | −$1,313 | |
| 8 | $4,982 | 6.688% | — | 36 | −$1,162 | |
| 9 | $5,096 | 6.875% | — | 17 | −$1,048 | |
| 10 | $5,264 | 6.562% | — | 30 | −$880 | |
| 11 | $5,530 | 6.625% | — | 26 | −$614 | |
| 12 | $5,972 | 6.625% | — | 44 | −$172 | |
| 13 | $6,537 | 6.625% | — | 69 | +$393 | |
| 14 | $7,454 | 6.500% | — | 43 | +$1,310 | |
| 15 | $7,845 | 6.500% | — | 37 | +$1,701 | |
| 16 | $8,439 | 6.625% | — | 8 | +$2,295 | |
| 17 | $9,910 | 6.750% | — | 27 | +$3,766 | |
| 18 | $11,299 | 6.625% | — | 29 | +$5,155 | |
| 19 | $11,490 | 6.500% | — | 17 | +$5,346 | |
| 20 | $17,256 | 6.625% | — | 15 | +$11,112 |
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.