MEMBERS COOPERATIVE closing costs and rates (2024)
In 2024, MEMBERS COOPERATIVE originated 104 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $5,012. That is $1,729 below the national median of $6,741. MEMBERS COOPERATIVE is most active in Minnesota with 93 originations there.
Purchase Originations
104
Median Total Costs
$5,012
−25.6% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$2,742
Median Lender Credits
$32
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 104 | 6.875% | $5,012 | $2,742 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,393 | 4.750% | — | 1 | −$1,619 | |
| 2 | $3,842 | 7.000% | — | 1 | −$1,170 | |
| 3 | $4,265 | 6.938% | — | 8 | −$747 | |
| 4 | $4,401 | 6.750% | — | 2 | −$611 | |
| 5 | $4,425 | 6.812% | — | 20 | −$587 | |
| 6 | $4,692 | 6.875% | — | 9 | −$320 | |
| 7 | $4,798 | 7.500% | — | 1 | −$214 | |
| 8 | $4,904 | 6.750% | — | 10 | −$108 | |
| 9 | $5,159 | 6.875% | — | 1 | +$147 | |
| 10 | $5,218 | 4.750% | — | 1 | +$206 | |
| 11 | $5,219 | 6.750% | — | 34 | +$207 | |
| 12 | $5,237 | 8.375% | — | 1 | +$225 | |
| 13 | $5,250 | 7.312% | — | 2 | +$238 | |
| 14 | $5,641 | 6.875% | — | 1 | +$629 | |
| 15 | $6,138 | 6.812% | — | 4 | +$1,126 | |
| 16 | $6,223 | 7.438% | — | 6 | +$1,211 | |
| 17 | $6,450 | 9.500% | — | 1 | +$1,438 | |
| 18 | $6,926 | 8.125% | — | 1 | +$1,914 |
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.