ON Q FINANCIAL, LLC closing costs and rates (2024)
In 2024, ON Q FINANCIAL, LLC originated 875 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $7,172. That ranks #413 nationally by origination volume. For total closing costs among lenders with 500+ originations, ON Q FINANCIAL, LLC ranks #381. That is $431 above the national median of $6,741. ON Q FINANCIAL, LLC is most active in Arizona with 280 originations there.
Purchase Originations
875
Ranked #413 nationally
Median Total Costs
$7,172
+6.4% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,879
Median Lender Credits
$150
Cost Rank (500+ vol.)
#381
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 533 | 6.875% | $5,882 | $2,522 |
| fha | 254 | 6.625% | $12,906 | $3,821 |
| va | 82 | 6.250% | $6,384 | $1,430 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Arizona | 280 | 6.625% | $7,033 | #57 |
| Washington | 125 | 6.990% | $6,724 | #91 |
| California | 82 | 6.750% | $8,614 | #221 |
| North Carolina | 76 | 6.750% | $7,194 | #163 |
| South Carolina | 72 | 6.688% | $5,849 | #141 |
| Utah | 68 | 6.625% | $10,431 | #68 |
| Missouri | 23 | 6.990% | $5,110 | — |
| Arkansas | 20 | 7.058% | $7,726 | — |
| Indiana | 19 | 6.990% | $6,264 | — |
| Florida | 18 | 6.625% | $11,646 | — |
| Colorado | 17 | 6.625% | $11,799 | — |
| Texas | 16 | 6.620% | $8,093 | — |
| Kentucky | 11 | 6.875% | $5,564 | — |
| Tennessee | 10 | 6.250% | $8,199 | — |
| Wyoming | 9 | 6.625% | $10,003 | — |
| Nevada | 5 | 6.375% | $6,896 | — |
| Ohio | 5 | 6.500% | $6,593 | — |
| North Dakota | 4 | 6.558% | $6,331 | — |
| Iowa | 3 | 7.125% | $5,224 | — |
| Idaho | 2 | 6.312% | $5,946 | — |
| Illinois | 2 | 7.188% | $13,500 | — |
| Oregon | 2 | 5.938% | $8,833 | — |
| Michigan | 1 | 6.990% | $4,969 | — |
| Minnesota | 1 | 5.625% | $9,524 | — |
| Montana | 1 | 7.250% | $7,641 | — |
| Oklahoma | 1 | 7.250% | $8,702 | — |
| Virginia | 1 | 7.625% | $5,816 | — |
| Wisconsin | 1 | 6.875% | $3,277 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,212 | 7.000% | — | 9 | −$2,960 | |
| 2 | $4,438 | 6.990% | — | 33 | −$2,734 | |
| 3 | $6,006 | 6.490% | — | 204 | −$1,166 | |
| 4 | $6,441 | 7.000% | — | 59 | −$731 | |
| 5 | $6,650 | 6.625% | — | 33 | −$522 | |
| 6 | $6,668 | 6.990% | — | 17 | −$504 | |
| 7 | $6,694 | 6.875% | — | 13 | −$478 | |
| 8 | $7,010 | 6.625% | — | 7 | −$162 | |
| 9 | $7,262 | 6.750% | — | 28 | +$90 | |
| 10 | $7,308 | 7.125% | — | 7 | +$136 | |
| 11 | $7,912 | 6.500% | — | 8 | +$740 | |
| 12 | $8,036 | 6.688% | — | 8 | +$864 | |
| 13 | $8,065 | 6.500% | — | 20 | +$893 | |
| 14 | $8,502 | 6.750% | — | 52 | +$1,330 | |
| 15 | $9,643 | 6.490% | — | 11 | +$2,471 | |
| 16 | $9,972 | 6.875% | — | 31 | +$2,800 | |
| 17 | $10,459 | 6.625% | — | 12 | +$3,287 | |
| 18 | $11,115 | 6.750% | — | 19 | +$3,943 | |
| 19 | $11,527 | 6.490% | — | 33 | +$4,355 | |
| 20 | $13,073 | 6.750% | — | 21 | +$5,901 |
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.