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Northwest Federal Credit Union closing costs and rates (2024)

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In 2024, Northwest Federal Credit Union originated 152 purchase mortgages at a median interest rate of 6.81% and median total closing costs of $4,047. That is $2,694 below the national median of $6,741. Northwest Federal Credit Union is most active in Virginia with 54 originations there.

Purchase Originations

152

Median Total Costs

$4,047

−40.0% vs national ($6,741)

Median Rate

6.812%

+2.9% vs national (6.620%)

Median Origination

$750

Median Lender Credits

$388

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1506.812%$4,002$750

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Virginia546.812%$3,966#170
Florida156.500%$4,842
Maryland137.000%$4,518
North Carolina116.500%$3,516
Georgia96.625%$4,817
South Carolina66.938%$3,960
New York56.625%$4,178
Pennsylvania56.625%$4,567
West Virginia56.625%$3,558
California47.062%$4,605
Illinois46.938%$5,782
Alabama37.125%$2,919
Texas36.875%$4,578
Ohio26.688%$3,178
Alaska16.125%$3,335
Colorado17.000%$2,538
Kansas17.125%$3,457
Kentucky16.375%$4,068
Missouri17.000%$4,836
Mississippi16.625%$3,435
Montana16.500%$3,427
Nebraska17.625%$3,263
New Mexico17.000%$3,612
Nevada16.500%$3,773
Oregon17.125%$5,019
Tennessee17.625%$3,580
Wisconsin17.000%$2,263

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$2,6287.250%2−$1,419
2$2,8137.688%2−$1,234
3$3,1996.625%3−$848
4$3,4406.812%2−$607
5$3,7585.875%3−$289
6$3,7766.750%19−$271
7$3,8407.188%4−$207
8$3,8927.250%2−$155
9$4,2046.750%2+$157
10$4,4137.000%4+$366
11$4,5187.000%3+$471
12$4,5496.625%3+$502
13$4,5676.625%3+$520
14$4,6366.312%2+$589
15$4,8466.625%10+$799
16$5,0966.625%3+$1,049
17$5,3547.000%2+$1,307
18$5,7267.000%2+$1,679
19$8,1077.000%2+$4,060
20$9,4965.875%3+$5,449

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.