Morgan Stanley Private Bank, National Association closing costs and rates (2024)
In 2024, Morgan Stanley Private Bank, National Association originated 5,910 purchase mortgages at a median interest rate of 6.05% and median total closing costs of $5,138. That ranks #79 nationally by origination volume. For total closing costs among lenders with 500+ originations, Morgan Stanley Private Bank, National Association ranks #212. That is $1,603 below the national median of $6,741. Morgan Stanley Private Bank, National Association is most active in California with 999 originations there.
Purchase Originations
5,910
Ranked #79 nationally
Median Total Costs
$5,138
−23.8% vs national ($6,741)
Median Rate
6.050%
−8.6% vs national (6.620%)
Median Origination
$815
Median Lender Credits
$800
Cost Rank (500+ vol.)
#212
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 5,910 | 6.050% | $5,138 | $815 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 999 | 5.950% | $6,710 | #44 |
| Florida | 586 | 6.050% | $4,751 | #76 |
| New York | 580 | 6.000% | $5,706 | #39 |
| New Jersey | 353 | 6.000% | $7,331 | #48 |
| Texas | 331 | 6.000% | $3,511 | #153 |
| Illinois | 281 | 6.050% | $6,405 | #73 |
| Massachusetts | 235 | 6.000% | $5,385 | #49 |
| Washington | 230 | 5.975% | $4,873 | #65 |
| Colorado | 194 | 6.050% | $3,158 | #75 |
| Pennsylvania | 183 | 6.175% | $5,928 | #109 |
| Georgia | 182 | 6.062% | $4,892 | #102 |
| North Carolina | 150 | 6.100% | $4,018 | #123 |
| Virginia | 148 | 6.112% | $5,008 | #104 |
| Arizona | 126 | 6.000% | $5,282 | #85 |
| Tennessee | 121 | 6.100% | $2,857 | #107 |
| Maryland | 114 | 6.050% | $5,942 | #93 |
| South Carolina | 87 | 6.025% | $4,274 | #128 |
| Ohio | 79 | 6.300% | $3,252 | #152 |
| Minnesota | 72 | 6.200% | $3,447 | #102 |
| Nevada | 66 | 5.925% | $4,291 | #86 |
| Oregon | 65 | 6.100% | $3,872 | #91 |
| Wisconsin | 63 | 6.200% | $2,507 | #125 |
| Michigan | 62 | 6.213% | $3,657 | #142 |
| Alabama | 55 | 6.250% | $3,134 | #125 |
| District of Columbia | 45 | 6.000% | $7,674 | — |
| Missouri | 45 | 6.150% | $3,162 | — |
| Connecticut | 44 | 6.100% | $5,545 | — |
| Utah | 40 | 6.013% | $4,176 | — |
| Indiana | 37 | 6.350% | $2,503 | — |
| Louisiana | 31 | 6.100% | $4,657 | — |
| Idaho | 27 | 6.050% | $3,489 | — |
| New Hampshire | 25 | 6.300% | $3,809 | — |
| Kansas | 23 | 6.325% | $2,466 | — |
| Kentucky | 22 | 6.237% | $3,965 | — |
| New Mexico | 21 | 6.050% | $2,999 | — |
| Vermont | 21 | 6.200% | $5,057 | — |
| Oklahoma | 20 | 5.963% | $2,849 | — |
| Rhode Island | 20 | 6.200% | $4,052 | — |
| Maine | 18 | 6.150% | $3,982 | — |
| Montana | 17 | 5.950% | $3,330 | — |
| Iowa | 15 | 6.300% | $2,797 | — |
| Hawaii | 14 | 6.200% | $4,731 | — |
| Delaware | 13 | 6.300% | $4,508 | — |
| Arkansas | 11 | 6.100% | $3,315 | — |
| Nebraska | 10 | 6.600% | $2,525 | — |
| Mississippi | 9 | 6.100% | $4,396 | — |
| Wyoming | 6 | 5.838% | $4,081 | — |
| South Dakota | 5 | 5.950% | $3,097 | — |
| Alaska | 4 | 6.200% | $3,451 | — |
| West Virginia | 3 | 7.250% | $3,950 | — |
| North Dakota | 2 | 5.713% | $3,050 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,745 | 5.963% | — | 76 | −$1,393 | |
| 2 | $4,495 | 5.950% | — | 103 | −$643 | |
| 3 | $4,782 | 6.000% | — | 113 | −$356 | |
| 4 | $4,985 | 5.975% | — | 137 | −$153 | |
| 5 | $5,072 | 5.950% | — | 139 | −$66 | |
| 6 | $5,281 | 5.950% | — | 69 | +$143 | |
| 7 | $5,408 | 6.000% | — | 102 | +$270 | |
| 8 | $5,553 | 6.000% | — | 91 | +$415 | |
| 9 | $5,756 | 5.950% | — | 79 | +$618 | |
| 10 | $5,938 | 5.975% | — | 127 | +$800 | |
| 11 | $6,063 | 6.000% | — | 95 | +$925 | |
| 12 | $6,248 | 6.000% | — | 65 | +$1,110 | |
| 13 | $6,336 | 5.850% | — | 67 | +$1,198 | |
| 14 | $6,503 | 6.050% | — | 178 | +$1,365 | |
| 15 | $7,296 | 5.925% | — | 96 | +$2,158 | |
| 16 | $7,479 | 6.050% | — | 84 | +$2,341 | |
| 17 | $7,921 | 5.950% | — | 88 | +$2,783 | |
| 18 | $8,028 | 5.950% | — | 77 | +$2,890 | |
| 19 | $8,061 | 5.950% | — | 62 | +$2,923 | |
| 20 | $8,763 | 5.912% | — | 240 | +$3,625 |
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.