Municipal Credit Union closing costs and rates (2024)
In 2024, Municipal Credit Union originated 243 purchase mortgages at a median interest rate of 6.12% and median total closing costs of $5,283. That is $1,458 below the national median of $6,741. Municipal Credit Union is most active in New York with 188 originations there.
Purchase Originations
243
Median Total Costs
$5,283
−21.6% vs national ($6,741)
Median Rate
6.125%
−7.5% vs national (6.620%)
Median Origination
$900
Median Lender Credits
$900
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 243 | 6.125% | $5,283 | $900 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 188 | 6.125% | $5,066 | #90 |
| New Jersey | 46 | 6.000% | $6,803 | — |
| Connecticut | 6 | 6.375% | $5,559 | — |
| Pennsylvania | 3 | 5.875% | $5,337 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,265 | 6.250% | — | 4 | −$1,018 | |
| 2 | $4,474 | 6.062% | — | 14 | −$809 | |
| 3 | $4,642 | 6.250% | — | 34 | −$641 | |
| 4 | $4,642 | 5.875% | — | 8 | −$641 | |
| 5 | $4,650 | 6.000% | — | 15 | −$633 | |
| 6 | $4,658 | 6.250% | — | 29 | −$625 | |
| 7 | $5,029 | 6.000% | — | 4 | −$254 | |
| 8 | $5,100 | 6.375% | — | 4 | −$183 | |
| 9 | $5,108 | 6.312% | — | 20 | −$175 | |
| 10 | $5,277 | 6.125% | — | 11 | −$6 | |
| 11 | $5,564 | 6.375% | — | 4 | +$281 | |
| 12 | $5,625 | 6.125% | — | 22 | +$342 | |
| 13 | $5,627 | 5.875% | — | 3 | +$344 | |
| 14 | $5,727 | 6.125% | — | 23 | +$444 | |
| 15 | $5,802 | 5.875% | — | 7 | +$519 | |
| 16 | $6,596 | 6.438% | — | 2 | +$1,313 | |
| 17 | $7,604 | 6.188% | — | 6 | +$2,321 | |
| 18 | $7,634 | 6.000% | — | 12 | +$2,351 | |
| 19 | $7,637 | 5.812% | — | 6 | +$2,354 | |
| 20 | $9,963 | 5.688% | — | 2 | +$4,680 |
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.