NORTHERN MORTGAGE SERVICES, LLC closing costs and rates (2024)
In 2024, NORTHERN MORTGAGE SERVICES, LLC originated 667 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $5,190. That ranks #526 nationally by origination volume. For total closing costs among lenders with 500+ originations, NORTHERN MORTGAGE SERVICES, LLC ranks #223. That is $1,551 below the national median of $6,741. NORTHERN MORTGAGE SERVICES, LLC is most active in Michigan with 367 originations there.
Purchase Originations
667
Ranked #526 nationally
Median Total Costs
$5,190
−23.0% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,189
Median Lender Credits
$62
Cost Rank (500+ vol.)
#223
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 480 | 6.750% | $5,095 | $2,997 |
| fha | 151 | 6.750% | $5,542 | $0 |
| va | 31 | 6.625% | $4,962 | $2,169 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Michigan | 367 | 6.750% | $6,070 | #51 |
| Ohio | 232 | 6.625% | $4,340 | #86 |
| Maine | 31 | 6.875% | $3,493 | — |
| Massachusetts | 14 | 6.933% | $6,915 | — |
| Tennessee | 11 | 6.625% | $4,309 | — |
| Florida | 5 | 6.990% | $7,661 | — |
| Connecticut | 3 | 6.500% | $4,367 | — |
| North Carolina | 2 | 6.683% | $6,386 | — |
| Indiana | 1 | 6.750% | $10,192 | — |
| New Hampshire | 1 | 6.125% | $3,565 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,417 | 7.375% | — | 4 | −$2,773 | |
| 2 | $3,145 | 6.750% | — | 9 | −$2,045 | |
| 3 | $3,493 | 6.990% | — | 7 | −$1,697 | |
| 4 | $3,733 | 6.625% | — | 5 | −$1,457 | |
| 5 | $4,053 | 6.750% | — | 53 | −$1,137 | |
| 6 | $4,382 | 6.625% | — | 123 | −$808 | |
| 7 | $4,414 | 6.625% | — | 19 | −$776 | |
| 8 | $4,444 | 6.750% | — | 44 | −$746 | |
| 9 | $5,008 | 6.625% | — | 15 | −$182 | |
| 10 | $5,188 | 6.558% | — | 6 | −$2 | |
| 11 | $5,303 | 6.500% | — | 7 | +$113 | |
| 12 | $5,649 | 6.438% | — | 6 | +$459 | |
| 13 | $6,149 | 6.625% | — | 5 | +$959 | |
| 14 | $6,222 | 6.750% | — | 25 | +$1,032 | |
| 15 | $6,265 | 7.058% | — | 6 | +$1,075 | |
| 16 | $6,338 | 6.750% | — | 139 | +$1,148 | |
| 17 | $7,122 | 6.688% | — | 88 | +$1,932 | |
| 18 | $7,136 | 7.125% | — | 11 | +$1,946 | |
| 19 | $7,310 | 6.990% | — | 7 | +$2,120 | |
| 20 | $8,291 | 6.874% | — | 5 | +$3,101 |
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.