METRO ISLAND MORTGAGE, INC. closing costs and rates (2024)
In 2024, METRO ISLAND MORTGAGE, INC. originated 373 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $9,361. That is $2,620 above the national median of $6,741. METRO ISLAND MORTGAGE, INC. is most active in Puerto Rico with 373 originations there.
Purchase Originations
373
Median Total Costs
$9,361
+38.9% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$4,301
Median Lender Credits
$2,000
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 294 | 6.500% | $9,748 | $4,451 |
| usda | 58 | 6.250% | $7,112 | $3,525 |
| va | 21 | 6.250% | $9,150 | $4,680 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Puerto Rico | 373 | 6.500% | $9,361 | #9 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,604 | 6.625% | — | 4 | −$2,757 | |
| 2 | $7,294 | 6.375% | — | 8 | −$2,067 | |
| 3 | $7,750 | 6.250% | — | 15 | −$1,611 | |
| 4 | $8,093 | 6.750% | — | 11 | −$1,268 | |
| 5 | $8,609 | 6.750% | — | 7 | −$752 | |
| 6 | $8,673 | 6.500% | — | 9 | −$688 | |
| 7 | $8,740 | 6.500% | — | 25 | −$621 | |
| 8 | $8,955 | 6.500% | — | 21 | −$406 | |
| 9 | $9,003 | 6.250% | — | 13 | −$358 | |
| 10 | $9,207 | 6.375% | — | 36 | −$154 | |
| 11 | $9,438 | 6.500% | — | 16 | +$77 | |
| 12 | $9,526 | 6.250% | — | 40 | +$165 | |
| 13 | $9,815 | 6.750% | — | 16 | +$454 | |
| 14 | $9,965 | 6.375% | — | 50 | +$604 | |
| 15 | $10,889 | 6.375% | — | 8 | +$1,528 | |
| 16 | $10,957 | 6.375% | — | 6 | +$1,596 | |
| 17 | $11,234 | 6.250% | — | 5 | +$1,873 | |
| 18 | $11,647 | 6.500% | — | 7 | +$2,286 | |
| 19 | $11,991 | 6.000% | — | 8 | +$2,630 | |
| 20 | $14,139 | 6.250% | — | 8 | +$4,778 |
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.