ORNL closing costs and rates (2024)
In 2024, ORNL originated 427 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $6,971. That is $230 above the national median of $6,741. ORNL is most active in Tennessee with 425 originations there.
Purchase Originations
427
Median Total Costs
$6,971
+3.4% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$4,097
Median Lender Credits
$50
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 427 | 6.375% | $6,971 | $4,097 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,998 | 6.750% | — | 14 | −$1,973 | |
| 2 | $5,299 | 6.375% | — | 5 | −$1,672 | |
| 3 | $5,369 | 7.125% | — | 5 | −$1,602 | |
| 4 | $5,396 | 6.375% | — | 14 | −$1,575 | |
| 5 | $5,724 | 6.375% | — | 4 | −$1,247 | |
| 6 | $6,023 | 6.625% | — | 5 | −$948 | |
| 7 | $6,078 | 5.875% | — | 3 | −$893 | |
| 8 | $6,249 | 6.375% | — | 38 | −$722 | |
| 9 | $6,302 | 6.375% | — | 13 | −$669 | |
| 10 | $6,584 | 6.500% | — | 11 | −$387 | |
| 11 | $6,860 | 6.375% | — | 38 | −$111 | |
| 12 | $6,998 | 6.410% | — | 26 | +$27 | |
| 13 | $7,045 | 6.438% | — | 4 | +$74 | |
| 14 | $7,217 | 6.375% | — | 169 | +$246 | |
| 15 | $7,388 | 6.125% | — | 4 | +$417 | |
| 16 | $7,475 | 6.375% | — | 33 | +$504 | |
| 17 | $7,819 | 6.375% | — | 9 | +$848 | |
| 18 | $8,151 | 6.125% | — | 3 | +$1,180 | |
| 19 | $8,848 | 6.500% | — | 3 | +$1,877 | |
| 20 | $9,259 | 6.500% | — | 15 | +$2,288 |
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.