MidWestOne Bank closing costs and rates (2024)
In 2024, MidWestOne Bank originated 308 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $2,681. That is $4,060 below the national median of $6,741. MidWestOne Bank is most active in Iowa with 250 originations there.
Purchase Originations
308
Median Total Costs
$2,681
−60.2% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$735
Median Lender Credits
$70
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 305 | 6.500% | $2,677 | $698 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,209 | 6.625% | — | 4 | −$472 | |
| 2 | $2,226 | 6.500% | — | 35 | −$455 | |
| 3 | $2,234 | 6.625% | — | 3 | −$447 | |
| 4 | $2,378 | 6.620% | — | 4 | −$303 | |
| 5 | $2,404 | 6.500% | — | 15 | −$277 | |
| 6 | $2,425 | 6.875% | — | 5 | −$256 | |
| 7 | $2,470 | 6.625% | — | 17 | −$211 | |
| 8 | $2,600 | 6.500% | — | 8 | −$81 | |
| 9 | $2,689 | 6.375% | — | 101 | +$8 | |
| 10 | $2,724 | 6.375% | — | 5 | +$43 | |
| 11 | $2,750 | 6.438% | — | 6 | +$69 | |
| 12 | $2,750 | 6.438% | — | 4 | +$69 | |
| 13 | $2,767 | 6.875% | — | 5 | +$86 | |
| 14 | $2,787 | 6.750% | — | 4 | +$106 | |
| 15 | $2,829 | 6.625% | — | 9 | +$148 | |
| 16 | $3,224 | 6.750% | — | 4 | +$543 | |
| 17 | $3,234 | 6.750% | — | 4 | +$553 | |
| 18 | $4,166 | 6.875% | — | 3 | +$1,485 | |
| 19 | $4,504 | 6.875% | — | 7 | +$1,823 | |
| 20 | $12,782 | 6.375% | — | 3 | +$10,101 |
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.