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Minster Bank closing costs and rates (2024)

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In 2024, Minster Bank originated 126 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $2,115. That is $4,626 below the national median of $6,741. Minster Bank is most active in Ohio with 125 originations there.

Purchase Originations

126

Median Total Costs

$2,115

−68.6% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$607

Median Lender Credits

$500

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1266.625%$2,115$607

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Ohio1256.625%$2,091#123
Tennessee16.875%$3,813

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$1,9156.750%61−$200
2$1,9316.625%25−$184
3$2,1386.750%11+$23
4$2,6276.500%5+$512
5$2,6776.062%2+$562
6$2,8566.500%7+$741
7$2,8756.812%2+$760
8$2,9456.500%7+$830
9$3,0826.688%4+$967
10$3,4147.125%1+$1,299
11$3,8136.875%1+$1,698

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.