OCMBC, INC. closing costs and rates (2024)
In 2024, OCMBC, INC. originated 6,501 purchase mortgages at a median interest rate of 7.12% and median total closing costs of $15,414. That ranks #69 nationally by origination volume. For total closing costs among lenders with 500+ originations, OCMBC, INC. ranks #627. That is $8,673 above the national median of $6,741. OCMBC, INC. is most active in California with 3,501 originations there.
Purchase Originations
6,501
Ranked #69 nationally
Median Total Costs
$15,414
+128.7% vs national ($6,741)
Median Rate
7.125%
+7.6% vs national (6.620%)
Median Origination
$8,155
Median Lender Credits
$2,340
Cost Rank (500+ vol.)
#627
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 4,013 | 7.875% | $14,169 | $10,049 |
| fha | 2,301 | 6.500% | $17,736 | $5,428 |
| va | 184 | 6.250% | $8,314 | $1,638 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 3,501 | 6.750% | $17,260 | #10 |
| Florida | 524 | 7.499% | $14,673 | #86 |
| Texas | 453 | 7.875% | $13,541 | #129 |
| Illinois | 222 | 7.999% | $12,712 | #89 |
| Maryland | 200 | 8.125% | $12,950 | #64 |
| Georgia | 187 | 7.375% | $13,104 | #100 |
| Arizona | 161 | 7.250% | $13,200 | #76 |
| Nevada | 157 | 7.375% | $13,536 | #47 |
| Massachusetts | 145 | 7.999% | $15,487 | #69 |
| Virginia | 113 | 7.999% | $14,123 | #123 |
| Colorado | 89 | 7.875% | $14,956 | #111 |
| New Jersey | 88 | 7.562% | $16,595 | #115 |
| Michigan | 71 | 7.875% | $9,833 | #130 |
| North Carolina | 56 | 7.812% | $11,655 | #186 |
| Tennessee | 53 | 7.999% | $12,088 | #165 |
| South Carolina | 50 | 7.625% | $11,549 | #165 |
| Washington | 45 | 7.375% | $16,283 | — |
| Oregon | 42 | 7.875% | $15,940 | — |
| Louisiana | 39 | 7.500% | $12,133 | — |
| Connecticut | 34 | 8.625% | $13,016 | — |
| Pennsylvania | 33 | 7.999% | $10,496 | — |
| Minnesota | 23 | 8.250% | $10,003 | — |
| Utah | 21 | 7.750% | $13,071 | — |
| Alabama | 19 | 7.375% | $10,195 | — |
| Oklahoma | 19 | 8.250% | $10,696 | — |
| Missouri | 18 | 8.312% | $8,296 | — |
| Ohio | 15 | 7.999% | $13,204 | — |
| Idaho | 14 | 8.188% | $14,739 | — |
| Indiana | 14 | 7.874% | $12,600 | — |
| Wisconsin | 12 | 9.875% | $11,286 | — |
| Rhode Island | 11 | 8.375% | $17,291 | — |
| Kansas | 10 | 8.188% | $12,380 | — |
| Kentucky | 8 | 8.249% | $9,878 | — |
| Hawaii | 7 | 6.750% | $18,838 | — |
| Mississippi | 7 | 7.125% | $11,927 | — |
| District of Columbia | 6 | 8.000% | $19,134 | — |
| Maine | 6 | 6.938% | $15,130 | — |
| New Mexico | 6 | 7.562% | $12,382 | — |
| Arkansas | 4 | 6.749% | $14,073 | — |
| New Hampshire | 4 | 7.188% | $11,556 | — |
| Delaware | 3 | 7.500% | $12,626 | — |
| Montana | 3 | 7.625% | $27,342 | — |
| Alaska | 2 | 8.000% | $11,297 | — |
| South Dakota | 2 | 6.999% | $13,014 | — |
| West Virginia | 2 | 7.124% | $11,017 | — |
| Iowa | 1 | 5.625% | $1,631 | — |
| Wyoming | 1 | 6.625% | $8,281 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $11,264 | 7.625% | — | 121 | −$4,150 | |
| 2 | $12,178 | 8.437% | — | 48 | −$3,236 | |
| 3 | $12,631 | 8.062% | — | 136 | −$2,783 | |
| 4 | $12,841 | 6.750% | — | 210 | −$2,573 | |
| 5 | $13,140 | 6.688% | — | 68 | −$2,274 | |
| 6 | $13,212 | 7.250% | — | 97 | −$2,202 | |
| 7 | $13,461 | 6.875% | — | 51 | −$1,953 | |
| 8 | $13,526 | 7.375% | — | 143 | −$1,888 | |
| 9 | $14,067 | 8.250% | — | 56 | −$1,347 | |
| 10 | $14,226 | 7.375% | — | 49 | −$1,188 | |
| 11 | $14,922 | 8.250% | — | 45 | −$492 | |
| 12 | $16,243 | 6.750% | — | 45 | +$829 | |
| 13 | $16,583 | 6.625% | — | 666 | +$1,169 | |
| 14 | $17,305 | 6.750% | — | 565 | +$1,891 | |
| 15 | $19,057 | 7.250% | — | 79 | +$3,643 | |
| 16 | $19,632 | 6.875% | — | 75 | +$4,218 | |
| 17 | $19,955 | 6.625% | — | 103 | +$4,541 | |
| 18 | $20,130 | 6.750% | — | 1,185 | +$4,716 | |
| 19 | $20,382 | 7.125% | — | 129 | +$4,968 | |
| 20 | $23,510 | 7.875% | — | 61 | +$8,096 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.