MEMBER FIRST MORTGAGE, LLC closing costs and rates (2024)
In 2024, MEMBER FIRST MORTGAGE, LLC originated 762 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $6,536. That ranks #473 nationally by origination volume. For total closing costs among lenders with 500+ originations, MEMBER FIRST MORTGAGE, LLC ranks #338. That is $205 below the national median of $6,741. MEMBER FIRST MORTGAGE, LLC is most active in Michigan with 136 originations there.
Purchase Originations
762
Ranked #473 nationally
Median Total Costs
$6,536
−3.0% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,528
Median Lender Credits
$123
Cost Rank (500+ vol.)
#338
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 506 | 6.500% | $5,571 | $1,540 |
| fha | 208 | 6.625% | $8,711 | $1,484 |
| va | 39 | 6.875% | $7,130 | $2,061 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Michigan | 136 | 6.625% | $5,900 | #98 |
| Texas | 126 | 6.250% | $8,272 | #246 |
| Washington | 78 | 5.875% | $11,137 | #119 |
| Georgia | 68 | 6.500% | $6,497 | #168 |
| Indiana | 68 | 6.875% | $3,319 | #151 |
| Illinois | 49 | 6.625% | $5,853 | — |
| Kentucky | 37 | 6.625% | $3,953 | — |
| Pennsylvania | 36 | 6.625% | $4,953 | — |
| New Jersey | 22 | 6.625% | $6,580 | — |
| Ohio | 20 | 7.000% | $4,565 | — |
| Oregon | 17 | 6.625% | $8,060 | — |
| Florida | 15 | 6.250% | $8,485 | — |
| Alaska | 9 | 6.875% | $12,308 | — |
| New Mexico | 9 | 6.125% | $10,971 | — |
| West Virginia | 9 | 7.000% | $5,278 | — |
| Wisconsin | 7 | 5.500% | $6,729 | — |
| California | 6 | 6.625% | $6,529 | — |
| Vermont | 6 | 6.750% | $9,032 | — |
| Louisiana | 5 | 6.625% | $6,004 | — |
| Minnesota | 5 | 5.125% | $7,086 | — |
| Oklahoma | 4 | 6.062% | $6,771 | — |
| South Carolina | 4 | 6.562% | $8,141 | — |
| Tennessee | 4 | 6.250% | $4,680 | — |
| Alabama | 3 | 6.625% | $4,884 | — |
| Delaware | 3 | 7.125% | $5,393 | — |
| Wyoming | 3 | 6.625% | $2,174 | — |
| Iowa | 2 | 6.938% | $6,236 | — |
| Mississippi | 2 | 6.375% | $8,444 | — |
| North Carolina | 2 | 6.812% | $4,664 | — |
| New Hampshire | 2 | 7.625% | $10,440 | — |
| Arkansas | 1 | 5.125% | $15,149 | — |
| Colorado | 1 | 6.125% | $3,342 | — |
| Maryland | 1 | 7.000% | $4,850 | — |
| Nevada | 1 | 6.250% | $0 | — |
| Virginia | 1 | 7.375% | $4,882 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,963 | 7.062% | — | 8 | −$3,573 | |
| 2 | $3,158 | 6.625% | — | 9 | −$3,378 | |
| 3 | $3,278 | 6.625% | — | 9 | −$3,258 | |
| 4 | $4,015 | 6.625% | — | 27 | −$2,521 | |
| 5 | $4,707 | 6.875% | — | 8 | −$1,829 | |
| 6 | $4,799 | 6.625% | — | 10 | −$1,737 | |
| 7 | $5,390 | 6.812% | — | 26 | −$1,146 | |
| 8 | $5,625 | 6.625% | — | 9 | −$911 | |
| 9 | $6,144 | 6.688% | — | 8 | −$392 | |
| 10 | $6,636 | 6.250% | — | 22 | +$100 | |
| 11 | $6,975 | 7.062% | — | 12 | +$439 | |
| 12 | $7,129 | 6.562% | — | 10 | +$593 | |
| 13 | $7,181 | 6.500% | — | 16 | +$645 | |
| 14 | $7,666 | 6.625% | — | 14 | +$1,130 | |
| 15 | $7,972 | 6.000% | — | 15 | +$1,436 | |
| 16 | $8,304 | 6.625% | — | 9 | +$1,768 | |
| 17 | $9,047 | 6.500% | — | 19 | +$2,511 | |
| 18 | $9,902 | 6.125% | — | 20 | +$3,366 | |
| 19 | $10,869 | 5.875% | — | 10 | +$4,333 | |
| 20 | $12,399 | 5.875% | — | 40 | +$5,863 |
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.