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MORTGAGE FINANCIAL SERVICES, LLC closing costs and rates (2024)

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In 2024, MORTGAGE FINANCIAL SERVICES, LLC originated 1,876 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $9,400. That ranks #233 nationally by origination volume. For total closing costs among lenders with 500+ originations, MORTGAGE FINANCIAL SERVICES, LLC ranks #522. That is $2,659 above the national median of $6,741. MORTGAGE FINANCIAL SERVICES, LLC is most active in Texas with 1,508 originations there.

Purchase Originations

1,876

Ranked #233 nationally

Median Total Costs

$9,400

+39.5% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$3,365

Median Lender Credits

$1,562

Cost Rank (500+ vol.)

#522

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
fha9146.625%$11,481$3,676
conventional6526.875%$6,498$3,258
va2446.562%$8,933$2,890
usda666.625%$6,428$2,069

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Texas1,5086.625%$10,320#42
Arkansas2336.875%$6,662#33
Louisiana836.500%$6,577#58
Tennessee376.625%$7,780
Mississippi67.058%$8,600
Florida46.687%$13,810
Oklahoma37.125%$6,718
Alabama16.625%$3,905
Kansas16.125%$3,916

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$5,8986.875%27−$3,502
2$6,1996.875%26−$3,201
3$6,4296.990%61−$2,971
4$7,0666.875%88−$2,334
5$7,6546.625%33−$1,746
6$7,9756.625%196−$1,425
7$9,0876.624%25−$313
8$9,3636.875%58−$37
9$10,2866.625%82+$886
10$10,5016.500%36+$1,101
11$10,7776.625%126+$1,377
12$10,9266.375%93+$1,526
13$11,0236.624%32+$1,623
14$11,5166.625%70+$2,116
15$12,0546.500%52+$2,654
16$12,0566.750%29+$2,656
17$13,3186.375%62+$3,918
18$13,7146.750%46+$4,314
19$14,6786.250%27+$5,278
20$16,3446.250%60+$6,944

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.