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ORIENTAL BANK closing costs and rates (2024)

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In 2024, ORIENTAL BANK originated 581 purchase mortgages at a median interest rate of 5.50% and median total closing costs of $8,449. That ranks #580 nationally by origination volume. For total closing costs among lenders with 500+ originations, ORIENTAL BANK ranks #471. That is $1,708 above the national median of $6,741. ORIENTAL BANK is most active in Puerto Rico with 581 originations there.

Purchase Originations

581

Ranked #580 nationally

Median Total Costs

$8,449

+25.3% vs national ($6,741)

Median Rate

5.500%

−16.9% vs national (6.620%)

Median Origination

$3,958

Median Lender Credits

$11

Cost Rank (500+ vol.)

#471

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
fha3305.250%$9,036$3,906
conventional1586.125%$6,733$3,844
usda585.250%$8,201$4,226
va355.500%$9,005$4,950

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Puerto Rico5815.500%$8,449#5

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$5,6075.250%13−$2,842
2$6,9895.500%29−$1,460
3$7,2365.250%26−$1,213
4$7,2765.500%12−$1,173
5$8,2976.062%12−$152
6$8,4565.500%9+$7
7$8,8175.500%49+$368
8$8,9275.500%35+$478
9$9,6455.250%11+$1,196
10$9,7065.375%8+$1,257
11$9,8775.750%13+$1,428
12$9,9105.500%13+$1,461
13$9,9765.250%15+$1,527
14$10,0595.750%67+$1,610
15$10,4005.500%14+$1,951
16$10,4205.500%11+$1,971
17$13,2005.312%20+$4,751
18$13,3975.688%30+$4,948
19$13,5825.000%10+$5,133
20$14,6675.250%9+$6,218

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.