Mid-Continent Funding, Inc. closing costs and rates (2024)
In 2024, Mid-Continent Funding, Inc. originated 533 purchase mortgages at a median interest rate of 6.25% and median total closing costs of $7,687. That ranks #612 nationally by origination volume. For total closing costs among lenders with 500+ originations, Mid-Continent Funding, Inc. ranks #420. That is $946 above the national median of $6,741. Mid-Continent Funding, Inc. is most active in Florida with 130 originations there.
Purchase Originations
533
Ranked #612 nationally
Median Total Costs
$7,687
+14.0% vs national ($6,741)
Median Rate
6.250%
−5.6% vs national (6.620%)
Median Origination
$2,838
Median Lender Credits
$128
Cost Rank (500+ vol.)
#420
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 481 | 6.250% | $7,787 | $2,759 |
| conventional | 27 | 6.500% | $5,348 | $3,339 |
| fha | 23 | 6.625% | $9,823 | $3,595 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 130 | 6.250% | $8,323 | #214 |
| North Carolina | 85 | 6.250% | $7,306 | #161 |
| Texas | 81 | 6.125% | $8,724 | #296 |
| Missouri | 53 | 6.250% | $6,041 | #138 |
| Virginia | 42 | 6.250% | $8,896 | — |
| Georgia | 31 | 6.250% | $6,975 | — |
| Pennsylvania | 27 | 6.250% | $7,694 | — |
| Alabama | 19 | 6.250% | $5,306 | — |
| Illinois | 11 | 6.250% | $5,292 | — |
| Tennessee | 11 | 6.250% | $9,166 | — |
| Mississippi | 7 | 6.750% | $7,012 | — |
| Indiana | 6 | 6.062% | $13,120 | — |
| Maryland | 6 | 6.188% | $9,196 | — |
| South Carolina | 6 | 6.062% | $10,725 | — |
| Wisconsin | 5 | 6.250% | $7,089 | — |
| Washington | 4 | 6.307% | $8,715 | — |
| Ohio | 3 | 6.250% | $6,246 | — |
| Minnesota | 2 | 6.688% | $5,469 | — |
| Arkansas | 1 | 6.375% | $3,267 | — |
| Colorado | 1 | 6.250% | $22,181 | — |
| Montana | 1 | 6.250% | $4,048 | — |
| New Mexico | 1 | 6.250% | $8,576 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,003 | 6.062% | — | 4 | −$1,684 | |
| 2 | $6,478 | 6.250% | — | 30 | −$1,209 | |
| 3 | $6,654 | 6.125% | — | 5 | −$1,033 | |
| 4 | $7,065 | 6.125% | — | 5 | −$622 | |
| 5 | $7,562 | 6.490% | — | 13 | −$125 | |
| 6 | $7,657 | 6.375% | — | 10 | −$30 | |
| 7 | $7,807 | 6.250% | — | 5 | +$120 | |
| 8 | $7,875 | 6.188% | — | 12 | +$188 | |
| 9 | $8,254 | 6.500% | — | 8 | +$567 | |
| 10 | $8,363 | 6.490% | — | 5 | +$676 | |
| 11 | $8,461 | 6.250% | — | 16 | +$774 | |
| 12 | $8,465 | 6.250% | — | 9 | +$778 | |
| 13 | $8,925 | 6.124% | — | 5 | +$1,238 | |
| 14 | $9,070 | 6.750% | — | 5 | +$1,383 | |
| 15 | $9,268 | 6.000% | — | 5 | +$1,581 | |
| 16 | $10,257 | 6.312% | — | 8 | +$2,570 | |
| 17 | $10,854 | 5.990% | — | 7 | +$3,167 | |
| 18 | $11,393 | 6.375% | — | 4 | +$3,706 | |
| 19 | $12,828 | 6.625% | — | 5 | +$5,141 | |
| 20 | $12,829 | 6.125% | — | 9 | +$5,142 |
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.