MK LENDING CORP. closing costs and rates (2024)
In 2024, MK LENDING CORP. originated 512 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $12,869. That ranks #628 nationally by origination volume. For total closing costs among lenders with 500+ originations, MK LENDING CORP. ranks #604. That is $6,128 above the national median of $6,741. MK LENDING CORP. is most active in California with 425 originations there.
Purchase Originations
512
Ranked #628 nationally
Median Total Costs
$12,869
+90.9% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$7,689
Median Lender Credits
$2,718
Cost Rank (500+ vol.)
#604
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 452 | 6.875% | $11,790 | $7,592 |
| fha | 60 | 6.250% | $21,299 | $8,117 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 425 | 6.875% | $13,466 | #86 |
| Virginia | 22 | 7.250% | $18,114 | — |
| Texas | 16 | 7.062% | $10,827 | — |
| Maryland | 14 | 6.875% | $16,344 | — |
| Arizona | 12 | 6.750% | $6,786 | — |
| Georgia | 11 | 7.000% | $9,320 | — |
| Florida | 5 | 6.625% | $10,904 | — |
| Washington | 4 | 6.375% | $6,866 | — |
| New Jersey | 3 | 6.875% | $6,293 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,575 | 6.625% | — | 11 | −$6,294 | |
| 2 | $6,866 | 6.375% | — | 4 | −$6,003 | |
| 3 | $7,763 | 7.000% | — | 5 | −$5,106 | |
| 4 | $9,454 | 7.062% | — | 8 | −$3,415 | |
| 5 | $9,460 | 7.000% | — | 4 | −$3,409 | |
| 6 | $9,591 | 6.875% | — | 7 | −$3,278 | |
| 7 | $9,839 | 7.000% | — | 9 | −$3,030 | |
| 8 | $10,309 | 6.938% | — | 30 | −$2,560 | |
| 9 | $10,618 | 6.750% | — | 6 | −$2,251 | |
| 10 | $10,987 | 6.938% | — | 68 | −$1,882 | |
| 11 | $14,069 | 6.938% | — | 16 | +$1,200 | |
| 12 | $14,357 | 7.000% | — | 6 | +$1,488 | |
| 13 | $14,401 | 6.812% | — | 144 | +$1,532 | |
| 14 | $14,438 | 6.750% | — | 5 | +$1,569 | |
| 15 | $14,659 | 6.875% | — | 55 | +$1,790 | |
| 16 | $14,808 | 7.500% | — | 5 | +$1,939 | |
| 17 | $15,948 | 6.625% | — | 48 | +$3,079 | |
| 18 | $16,447 | 7.438% | — | 12 | +$3,578 | |
| 19 | $17,070 | 7.000% | — | 5 | +$4,201 | |
| 20 | $17,292 | 6.875% | — | 7 | +$4,423 |
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.