NORTHWEST BANK OF ROCKFORD closing costs and rates (2024)
In 2024, NORTHWEST BANK OF ROCKFORD originated 105 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,863. That is $2,878 below the national median of $6,741. NORTHWEST BANK OF ROCKFORD is most active in Illinois with 103 originations there.
Purchase Originations
105
Median Total Costs
$3,863
−42.7% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,395
Median Lender Credits
$400
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 97 | 6.625% | $3,825 | $1,395 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,831 | 6.375% | — | 1 | −$1,032 | |
| 2 | $3,191 | 6.938% | — | 2 | −$672 | |
| 3 | $3,583 | 7.125% | — | 1 | −$280 | |
| 4 | $3,621 | 6.500% | — | 25 | −$242 | |
| 5 | $3,623 | 6.500% | — | 2 | −$240 | |
| 6 | $3,692 | 7.000% | — | 1 | −$171 | |
| 7 | $3,911 | 6.688% | — | 62 | +$48 | |
| 8 | $4,454 | 6.812% | — | 6 | +$591 | |
| 9 | $5,719 | 6.875% | — | 1 | +$1,856 | |
| 10 | $6,601 | 6.375% | — | 1 | +$2,738 | |
| 11 | $7,802 | 6.750% | — | 1 | +$3,939 | |
| 12 | $9,661 | 8.000% | — | 1 | +$5,798 | |
| 13 | $11,343 | 6.250% | — | 1 | +$7,480 |
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.