Orchard Mortgage, LLC closing costs and rates (2024)
In 2024, Orchard Mortgage, LLC originated 204 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $5,749. That is $992 below the national median of $6,741. Orchard Mortgage, LLC is most active in Texas with 116 originations there.
Purchase Originations
204
Median Total Costs
$5,749
−14.7% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,348
Median Lender Credits
$310
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 204 | 6.750% | $5,749 | $2,348 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 116 | 6.875% | $6,227 | #254 |
| Colorado | 38 | 6.500% | $4,193 | — |
| Georgia | 18 | 6.750% | $5,642 | — |
| Florida | 5 | 7.375% | $4,869 | — |
| Kansas | 4 | 6.938% | $3,474 | — |
| Tennessee | 4 | 6.625% | $7,246 | — |
| Arkansas | 2 | 6.625% | $3,328 | — |
| Illinois | 2 | 6.558% | $4,648 | — |
| Louisiana | 2 | 6.558% | $4,841 | — |
| New Mexico | 2 | 6.875% | $7,725 | — |
| Oklahoma | 2 | 6.433% | $5,375 | — |
| Arizona | 1 | 7.500% | $7,457 | — |
| California | 1 | 6.990% | $5,319 | — |
| Idaho | 1 | 7.375% | $2,609 | — |
| Michigan | 1 | 6.875% | $5,877 | — |
| North Carolina | 1 | 5.990% | $3,597 | — |
| Ohio | 1 | 6.875% | $4,007 | — |
| Oregon | 1 | 7.625% | $6,140 | — |
| Pennsylvania | 1 | 7.490% | $6,689 | — |
| Washington | 1 | 6.625% | $11,464 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,415 | 6.870% | — | 4 | −$2,334 | |
| 2 | $4,034 | 6.558% | — | 4 | −$1,715 | |
| 3 | $4,624 | 6.490% | — | 7 | −$1,125 | |
| 4 | $4,640 | 6.688% | — | 8 | −$1,109 | |
| 5 | $5,427 | 6.308% | — | 4 | −$322 | |
| 6 | $5,437 | 6.933% | — | 4 | −$312 | |
| 7 | $5,490 | 6.490% | — | 7 | −$259 | |
| 8 | $5,509 | 6.495% | — | 2 | −$240 | |
| 9 | $5,796 | 6.990% | — | 6 | +$47 | |
| 10 | $5,928 | 6.750% | — | 3 | +$179 | |
| 11 | $5,974 | 6.500% | — | 5 | +$225 | |
| 12 | $6,042 | 6.990% | — | 11 | +$293 | |
| 13 | $6,242 | 6.990% | — | 9 | +$493 | |
| 14 | $6,553 | 6.500% | — | 6 | +$804 | |
| 15 | $6,722 | 6.500% | — | 16 | +$973 | |
| 16 | $7,201 | 6.875% | — | 7 | +$1,452 | |
| 17 | $7,596 | 6.375% | — | 9 | +$1,847 | |
| 18 | $7,911 | 6.990% | — | 6 | +$2,162 | |
| 19 | $8,207 | 6.875% | — | 3 | +$2,458 | |
| 20 | $9,922 | 6.250% | — | 5 | +$4,173 |
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.