MORTGAGE RESEARCH CENTER, LLC closing costs and rates (2024)
In 2024, MORTGAGE RESEARCH CENTER, LLC originated 59,611 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $5,207. That ranks #5 nationally by origination volume. For total closing costs among lenders with 500+ originations, MORTGAGE RESEARCH CENTER, LLC ranks #224. That is $1,534 below the national median of $6,741. MORTGAGE RESEARCH CENTER, LLC is most active in Texas with 5,535 originations there.
Purchase Originations
59,611
Ranked #5 nationally
Median Total Costs
$5,207
−22.8% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$0
Median Lender Credits
$895
Cost Rank (500+ vol.)
#224
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 55,083 | 6.625% | $5,261 | $0 |
| conventional | 2,311 | 6.875% | $3,650 | $1,461 |
| fha | 2,088 | 6.750% | $5,947 | $0 |
| usda | 129 | 6.625% | $2,836 | $0 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 5,535 | 6.500% | $5,515 | #9 |
| Florida | 4,101 | 6.625% | $6,172 | #6 |
| North Carolina | 3,510 | 6.625% | $5,891 | #7 |
| Georgia | 3,299 | 6.625% | $5,041 | #4 |
| Virginia | 3,119 | 6.625% | $6,832 | #4 |
| Ohio | 2,477 | 6.625% | $4,877 | #6 |
| Tennessee | 2,374 | 6.500% | $4,864 | #5 |
| Illinois | 2,163 | 6.625% | $4,666 | #8 |
| Missouri | 2,030 | 6.625% | $3,913 | #5 |
| Pennsylvania | 1,837 | 6.625% | $5,258 | #8 |
| Alabama | 1,785 | 6.625% | $3,596 | #3 |
| Indiana | 1,670 | 6.625% | $4,121 | #6 |
| South Carolina | 1,653 | 6.625% | $5,398 | #7 |
| Michigan | 1,648 | 6.625% | $4,345 | #10 |
| California | 1,554 | 6.375% | $7,623 | #28 |
| Oklahoma | 1,552 | 6.688% | $3,929 | #3 |
| Kentucky | 1,325 | 6.625% | $4,524 | #4 |
| Wisconsin | 1,106 | 6.625% | $5,319 | #10 |
| Arizona | 1,041 | 6.500% | $5,717 | #17 |
| Washington | 1,030 | 6.500% | $7,151 | #15 |
| Kansas | 997 | 6.625% | $4,481 | #4 |
| Maryland | 963 | 6.500% | $7,164 | #12 |
| Colorado | 955 | 6.250% | $6,392 | #14 |
| Arkansas | 922 | 6.625% | $3,619 | #4 |
| Mississippi | 889 | 6.750% | $4,035 | #3 |
| Louisiana | 801 | 6.750% | $4,255 | #10 |
| Minnesota | 735 | 6.625% | $4,790 | #17 |
| Nebraska | 695 | 6.625% | $4,708 | #5 |
| New York | 684 | 6.625% | $5,842 | #32 |
| Iowa | 652 | 6.625% | $3,979 | #8 |
| West Virginia | 558 | 6.750% | $4,303 | #3 |
| Oregon | 555 | 6.500% | $4,662 | #17 |
| Nevada | 549 | 6.500% | $5,905 | #13 |
| New Mexico | 528 | 6.625% | $5,960 | #7 |
| New Jersey | 505 | 6.625% | $8,592 | #30 |
| Massachusetts | 449 | 6.625% | $7,753 | #24 |
| Connecticut | 415 | 6.625% | $7,300 | #11 |
| Idaho | 336 | 6.250% | $5,944 | #13 |
| Maine | 336 | 6.625% | $4,898 | #8 |
| Alaska | 326 | 6.500% | $6,956 | #4 |
| Montana | 320 | 6.500% | $6,086 | #8 |
| Utah | 263 | 6.375% | $3,931 | #25 |
| New Hampshire | 232 | 6.562% | $6,415 | #11 |
| Hawaii | 223 | 6.250% | $10,333 | #9 |
| North Dakota | 204 | 6.625% | $4,885 | #8 |
| Wyoming | 176 | 6.625% | $5,874 | #9 |
| South Dakota | 169 | 6.625% | $4,999 | #13 |
| Delaware | 142 | 6.625% | $7,971 | #21 |
| Vermont | 100 | 6.750% | $6,309 | #12 |
| Rhode Island | 89 | 6.625% | $7,677 | #26 |
| District of Columbia | 34 | 6.250% | $6,136 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,097 | 6.625% | — | 272 | −$1,110 | |
| 2 | $4,553 | 6.625% | — | 253 | −$654 | |
| 3 | $5,240 | 6.625% | — | 418 | +$33 | |
| 4 | $5,631 | 6.250% | — | 471 | +$424 | |
| 5 | $5,762 | 6.625% | — | 363 | +$555 | |
| 6 | $5,853 | 6.250% | — | 696 | +$646 | |
| 7 | $5,977 | 6.375% | — | 364 | +$770 | |
| 8 | $6,046 | 6.625% | — | 374 | +$839 | |
| 9 | $6,168 | 6.625% | — | 237 | +$961 | |
| 10 | $6,218 | 6.625% | — | 288 | +$1,011 | |
| 11 | $6,419 | 6.250% | — | 527 | +$1,212 | |
| 12 | $6,729 | 6.250% | — | 368 | +$1,522 | |
| 13 | $6,855 | 6.750% | — | 256 | +$1,648 | |
| 14 | $6,857 | 6.625% | — | 421 | +$1,650 | |
| 15 | $7,023 | 6.625% | — | 343 | +$1,816 | |
| 16 | $7,108 | 6.625% | — | 605 | +$1,901 | |
| 17 | $7,361 | 6.625% | — | 271 | +$2,154 | |
| 18 | $7,600 | 6.250% | — | 377 | +$2,393 | |
| 19 | $7,763 | 6.625% | — | 253 | +$2,556 | |
| 20 | $8,232 | 6.625% | — | 343 | +$3,025 |
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.