MORTGAGE CENTER L.C. closing costs and rates (2024)
In 2024, MORTGAGE CENTER L.C. originated 776 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $3,774. That ranks #458 nationally by origination volume. For total closing costs among lenders with 500+ originations, MORTGAGE CENTER L.C. ranks #98. That is $2,967 below the national median of $6,741. MORTGAGE CENTER L.C. is most active in Michigan with 694 originations there.
Purchase Originations
776
Ranked #458 nationally
Median Total Costs
$3,774
−44.0% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$1,266
Median Lender Credits
$520
Cost Rank (500+ vol.)
#98
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 701 | 6.375% | $3,701 | $1,200 |
| fha | 46 | 7.125% | $8,441 | $2,210 |
| va | 29 | 6.500% | $5,459 | $1,886 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,254 | 6.375% | — | 27 | −$520 | |
| 2 | $3,422 | 6.250% | — | 14 | −$352 | |
| 3 | $3,478 | 6.625% | — | 11 | −$296 | |
| 4 | $3,540 | 6.188% | — | 12 | −$234 | |
| 5 | $3,565 | 6.625% | — | 35 | −$209 | |
| 6 | $3,570 | 6.250% | — | 43 | −$204 | |
| 7 | $3,594 | 6.375% | — | 53 | −$180 | |
| 8 | $3,609 | 6.375% | — | 9 | −$165 | |
| 9 | $3,610 | 6.375% | — | 13 | −$164 | |
| 10 | $3,732 | 6.500% | — | 11 | −$42 | |
| 11 | $3,740 | 6.375% | — | 112 | −$34 | |
| 12 | $3,780 | 6.250% | — | 13 | +$6 | |
| 13 | $3,824 | 6.188% | — | 78 | +$50 | |
| 14 | $3,873 | 6.500% | — | 19 | +$99 | |
| 15 | $4,026 | 6.125% | — | 77 | +$252 | |
| 16 | $4,040 | 6.688% | — | 18 | +$266 | |
| 17 | $4,094 | 6.250% | — | 13 | +$320 | |
| 18 | $4,139 | 6.250% | — | 68 | +$365 | |
| 19 | $4,157 | 6.375% | — | 11 | +$383 | |
| 20 | $4,421 | 6.500% | — | 10 | +$647 |
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.