OAK MORTGAGE, LLC closing costs and rates (2024)
In 2024, OAK MORTGAGE, LLC originated 223 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $3,172. That is $3,569 below the national median of $6,741. OAK MORTGAGE, LLC is most active in Michigan with 206 originations there.
Purchase Originations
223
Median Total Costs
$3,172
−52.9% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,150
Median Lender Credits
$90
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 223 | 6.750% | $3,172 | $1,150 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,534 | 7.062% | — | 6 | −$638 | |
| 2 | $2,878 | 6.750% | — | 55 | −$294 | |
| 3 | $2,981 | 7.000% | — | 6 | −$191 | |
| 4 | $3,014 | 6.750% | — | 19 | −$158 | |
| 5 | $3,062 | 6.500% | — | 1 | −$110 | |
| 6 | $3,068 | 6.688% | — | 34 | −$104 | |
| 7 | $3,104 | 7.500% | — | 1 | −$68 | |
| 8 | $3,320 | 6.938% | — | 6 | +$148 | |
| 9 | $3,348 | 6.625% | — | 1 | +$176 | |
| 10 | $3,392 | 6.750% | — | 33 | +$220 | |
| 11 | $3,436 | 6.625% | — | 1 | +$264 | |
| 12 | $3,455 | 7.062% | — | 2 | +$283 | |
| 13 | $3,507 | 6.250% | — | 1 | +$335 | |
| 14 | $3,517 | 6.875% | — | 22 | +$345 | |
| 15 | $3,675 | 6.875% | — | 1 | +$503 | |
| 16 | $3,687 | 7.250% | — | 6 | +$515 | |
| 17 | $3,752 | 6.688% | — | 20 | +$580 | |
| 18 | $3,817 | 6.312% | — | 2 | +$645 | |
| 19 | $3,904 | 6.625% | — | 1 | +$732 | |
| 20 | $4,686 | 7.000% | — | 5 | +$1,514 |
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.