MORTGAGE AMERICA, INC. closing costs and rates (2024)
In 2024, MORTGAGE AMERICA, INC. originated 1,454 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $6,012. That ranks #281 nationally by origination volume. For total closing costs among lenders with 500+ originations, MORTGAGE AMERICA, INC. ranks #282. That is $729 below the national median of $6,741. MORTGAGE AMERICA, INC. is most active in Pennsylvania with 1,436 originations there.
Purchase Originations
1,454
Ranked #281 nationally
Median Total Costs
$6,012
−10.8% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,495
Median Lender Credits
$1,181
Cost Rank (500+ vol.)
#282
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,184 | 6.625% | $5,573 | $1,495 |
| fha | 207 | 6.500% | $9,454 | $1,495 |
| va | 33 | 6.125% | $7,731 | $1,495 |
| usda | 30 | 6.062% | $6,135 | $1,495 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 1,436 | 6.500% | $6,003 | #11 |
| Delaware | 12 | 6.875% | $6,068 | — |
| New Jersey | 6 | 6.750% | $8,781 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,758 | 6.250% | — | 31 | −$1,254 | |
| 2 | $4,897 | 6.625% | — | 46 | −$1,115 | |
| 3 | $4,990 | 6.500% | — | 44 | −$1,022 | |
| 4 | $5,107 | 7.000% | — | 5 | −$905 | |
| 5 | $5,149 | 6.875% | — | 8 | −$863 | |
| 6 | $5,234 | 6.375% | — | 103 | −$778 | |
| 7 | $5,473 | 6.500% | — | 93 | −$539 | |
| 8 | $5,534 | 7.250% | — | 17 | −$478 | |
| 9 | $5,678 | 6.312% | — | 6 | −$334 | |
| 10 | $5,805 | 6.562% | — | 182 | −$207 | |
| 11 | $5,823 | 6.500% | — | 139 | −$189 | |
| 12 | $5,991 | 6.625% | — | 135 | −$21 | |
| 13 | $6,040 | 6.625% | — | 89 | +$28 | |
| 14 | $6,054 | 6.625% | — | 73 | +$42 | |
| 15 | $6,133 | 6.750% | — | 93 | +$121 | |
| 16 | $6,162 | 6.812% | — | 14 | +$150 | |
| 17 | $6,649 | 6.688% | — | 6 | +$637 | |
| 18 | $7,072 | 6.500% | — | 311 | +$1,060 | |
| 19 | $7,487 | 6.250% | — | 7 | +$1,475 | |
| 20 | $7,743 | 6.625% | — | 13 | +$1,731 |
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.