MORTGAGE INVESTORS GROUP, INC. closing costs and rates (2024)
In 2024, MORTGAGE INVESTORS GROUP, INC. originated 4,133 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $6,503. That ranks #115 nationally by origination volume. For total closing costs among lenders with 500+ originations, MORTGAGE INVESTORS GROUP, INC. ranks #334. That is $238 below the national median of $6,741. MORTGAGE INVESTORS GROUP, INC. is most active in Tennessee with 3,234 originations there.
Purchase Originations
4,133
Ranked #115 nationally
Median Total Costs
$6,503
−3.5% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$2,409
Median Lender Credits
$175
Cost Rank (500+ vol.)
#334
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,282 | 6.625% | $5,026 | $2,355 |
| fha | 1,356 | 6.375% | $9,953 | $2,836 |
| va | 314 | 6.125% | $5,442 | $1,320 |
| usda | 181 | 6.490% | $6,453 | $2,151 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Tennessee | 3,234 | 6.500% | $6,665 | #2 |
| Georgia | 227 | 6.375% | $8,446 | #92 |
| Mississippi | 179 | 6.750% | $5,545 | #27 |
| Alabama | 176 | 6.375% | $6,153 | #57 |
| Arkansas | 145 | 6.490% | $4,964 | #47 |
| Kentucky | 58 | 6.625% | $4,826 | #106 |
| Virginia | 34 | 6.625% | $5,827 | — |
| North Carolina | 30 | 6.490% | $7,436 | — |
| Florida | 28 | 6.625% | $5,972 | — |
| South Carolina | 22 | 6.625% | $6,010 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,925 | 6.500% | — | 47 | −$1,578 | |
| 2 | $5,075 | 6.433% | — | 46 | −$1,428 | |
| 3 | $5,419 | 6.490% | — | 68 | −$1,084 | |
| 4 | $5,494 | 6.250% | — | 52 | −$1,009 | |
| 5 | $5,771 | 6.625% | — | 214 | −$732 | |
| 6 | $5,959 | 6.500% | — | 155 | −$544 | |
| 7 | $6,063 | 6.500% | — | 114 | −$440 | |
| 8 | $6,249 | 6.624% | — | 865 | −$254 | |
| 9 | $6,396 | 6.500% | — | 60 | −$107 | |
| 10 | $6,669 | 6.625% | — | 78 | +$166 | |
| 11 | $6,821 | 6.500% | — | 97 | +$318 | |
| 12 | $7,018 | 6.624% | — | 163 | +$515 | |
| 13 | $7,052 | 6.624% | — | 224 | +$549 | |
| 14 | $7,069 | 6.500% | — | 66 | +$566 | |
| 15 | $7,105 | 6.624% | — | 99 | +$602 | |
| 16 | $7,568 | 6.625% | — | 59 | +$1,065 | |
| 17 | $7,857 | 6.495% | — | 58 | +$1,354 | |
| 18 | $7,890 | 6.500% | — | 50 | +$1,387 | |
| 19 | $8,301 | 6.625% | — | 60 | +$1,798 | |
| 20 | $9,039 | 6.500% | — | 41 | +$2,536 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.