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MJW FINANCIAL LLC closing costs and rates (2024)

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In 2024, MJW FINANCIAL LLC originated 1,029 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $3,752. That ranks #365 nationally by origination volume. For total closing costs among lenders with 500+ originations, MJW FINANCIAL LLC ranks #95. That is $2,989 below the national median of $6,741. MJW FINANCIAL LLC is most active in Indiana with 1,021 originations there.

Purchase Originations

1,029

Ranked #365 nationally

Median Total Costs

$3,752

−44.3% vs national ($6,741)

Median Rate

6.875%

+3.9% vs national (6.620%)

Median Origination

$1,295

Median Lender Credits

$442

Cost Rank (500+ vol.)

#95

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional7516.875%$3,441$1,295
fha2096.625%$8,404$2,031
va556.500%$3,502$1,295

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Indiana1,0216.875%$3,730#15
Illinois56.750%$8,503
Florida15.750%$14,355
Kentucky15.990%$12,559
Ohio17.250%$4,060

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,4936.750%11−$259
2$3,5196.750%189−$233
3$3,5696.500%11−$183
4$3,6076.625%57−$145
5$3,6096.875%381−$143
6$3,8446.625%44+$92
7$3,8656.624%29+$113
8$3,9446.750%87+$192
9$3,9906.750%5+$238
10$4,0666.875%29+$314
11$4,1116.500%5+$359
12$4,1996.875%15+$447
13$4,2157.125%6+$463
14$4,3746.750%17+$622
15$4,5476.933%44+$795
16$4,6136.625%10+$861
17$4,6526.933%4+$900
18$5,0116.688%4+$1,259
19$5,5637.000%10+$1,811
20$6,8196.500%12+$3,067

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.