NEW DAY FINANCIAL, LLC closing costs and rates (2024)
In 2024, NEW DAY FINANCIAL, LLC originated 447 purchase mortgages at a median interest rate of 6.99% and median total closing costs of $7,384. That is $643 above the national median of $6,741. NEW DAY FINANCIAL, LLC is most active in Florida with 74 originations there.
Purchase Originations
447
Median Total Costs
$7,384
+9.5% vs national ($6,741)
Median Rate
6.990%
+5.6% vs national (6.620%)
Median Origination
$2,700
Median Lender Credits
$138
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 435 | 6.875% | $7,384 | $2,540 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 74 | 6.875% | $9,085 | #276 |
| North Carolina | 24 | 6.990% | $4,441 | — |
| South Carolina | 23 | 7.000% | $7,726 | — |
| Pennsylvania | 22 | 6.990% | $7,263 | — |
| Michigan | 20 | 6.995% | $6,474 | — |
| Georgia | 19 | 6.740% | $5,948 | — |
| Alabama | 18 | 7.183% | $4,004 | — |
| Indiana | 18 | 6.875% | $6,650 | — |
| Ohio | 17 | 6.750% | $6,949 | — |
| Texas | 17 | 6.990% | $9,032 | — |
| Virginia | 15 | 6.875% | $10,871 | — |
| Arkansas | 14 | 6.990% | $4,968 | — |
| Tennessee | 12 | 6.933% | $7,709 | — |
| Illinois | 11 | 6.990% | $7,156 | — |
| Oklahoma | 11 | 6.875% | $6,297 | — |
| Louisiana | 9 | 6.750% | $8,629 | — |
| Nebraska | 9 | 6.750% | $5,737 | — |
| Arizona | 8 | 6.375% | $12,679 | — |
| Mississippi | 8 | 6.865% | $5,475 | — |
| Washington | 8 | 7.120% | $5,124 | — |
| California | 7 | 7.240% | $15,099 | — |
| Iowa | 7 | 6.740% | $4,488 | — |
| Wisconsin | 7 | 6.500% | $8,789 | — |
| Colorado | 6 | 6.875% | $11,180 | — |
| Kansas | 6 | 7.062% | $5,475 | — |
| Missouri | 6 | 6.933% | $7,066 | — |
| Nevada | 6 | 7.188% | $9,657 | — |
| Idaho | 5 | 6.740% | $13,974 | — |
| Kentucky | 5 | 6.750% | $10,189 | — |
| Maryland | 5 | 6.875% | $5,003 | — |
| New Mexico | 5 | 6.990% | $3,221 | — |
| Oregon | 5 | 6.990% | $12,032 | — |
| Minnesota | 4 | 6.808% | $9,541 | — |
| New Jersey | 3 | 6.740% | $12,960 | — |
| Connecticut | 2 | 7.308% | $11,477 | — |
| Montana | 2 | 6.933% | $3,274 | — |
| South Dakota | 2 | 6.933% | $5,836 | — |
| Wyoming | 2 | 7.615% | $5,867 | — |
| Alaska | 1 | 7.125% | $3,482 | — |
| District of Columbia | 1 | 7.490% | $26,449 | — |
| Delaware | 1 | 7.490% | $6,499 | — |
| Maine | 1 | 6.125% | $7,161 | — |
| New Hampshire | 1 | 7.490% | $14,434 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,322 | 7.375% | — | 3 | −$3,062 | |
| 2 | $5,148 | 6.375% | — | 4 | −$2,236 | |
| 3 | $5,259 | 6.990% | — | 4 | −$2,125 | |
| 4 | $5,383 | 6.562% | — | 4 | −$2,001 | |
| 5 | $5,873 | 6.740% | — | 3 | −$1,511 | |
| 6 | $5,878 | 7.490% | — | 3 | −$1,506 | |
| 7 | $5,990 | 6.990% | — | 3 | −$1,394 | |
| 8 | $6,861 | 7.490% | — | 3 | −$523 | |
| 9 | $7,726 | 6.750% | — | 3 | +$342 | |
| 10 | $7,883 | 6.990% | — | 3 | +$499 | |
| 11 | $8,209 | 6.875% | — | 9 | +$825 | |
| 12 | $8,438 | 6.990% | — | 5 | +$1,054 | |
| 13 | $8,755 | 7.375% | — | 3 | +$1,371 | |
| 14 | $10,453 | 6.875% | — | 3 | +$3,069 | |
| 15 | $10,776 | 6.750% | — | 3 | +$3,392 | |
| 16 | $10,977 | 6.875% | — | 5 | +$3,593 | |
| 17 | $10,983 | 6.750% | — | 4 | +$3,599 | |
| 18 | $13,356 | 6.375% | — | 3 | +$5,972 | |
| 19 | $13,755 | 6.990% | — | 3 | +$6,371 | |
| 20 | $15,027 | 7.490% | — | 3 | +$7,643 |
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.