Patriot Bank closing costs and rates (2024)
In 2024, Patriot Bank originated 415 purchase mortgages at a median interest rate of 6.25% and median total closing costs of $5,387. That is $1,354 below the national median of $6,741. Patriot Bank is most active in Tennessee with 377 originations there.
Purchase Originations
415
Median Total Costs
$5,387
−20.1% vs national ($6,741)
Median Rate
6.250%
−5.6% vs national (6.620%)
Median Origination
$1,220
Median Lender Credits
$32
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 229 | 6.500% | $4,428 | $840 |
| fha | 126 | 6.000% | $9,024 | $1,220 |
| va | 36 | 6.000% | $6,147 | $1,220 |
| usda | 24 | 6.125% | $6,666 | $1,220 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,443 | 6.625% | — | 1 | −$2,944 | |
| 2 | $2,497 | 7.125% | — | 1 | −$2,890 | |
| 3 | $2,915 | 6.688% | — | 2 | −$2,472 | |
| 4 | $3,243 | 6.875% | — | 1 | −$2,144 | |
| 5 | $3,663 | 6.375% | — | 1 | −$1,724 | |
| 6 | $3,736 | 6.495% | — | 2 | −$1,651 | |
| 7 | $3,909 | 6.625% | — | 1 | −$1,478 | |
| 8 | $4,467 | 6.312% | — | 24 | −$920 | |
| 9 | $4,886 | 6.250% | — | 22 | −$501 | |
| 10 | $5,089 | 6.375% | — | 266 | −$298 | |
| 11 | $6,090 | 6.370% | — | 2 | +$703 | |
| 12 | $6,314 | 6.250% | — | 61 | +$927 | |
| 13 | $6,457 | 6.125% | — | 3 | +$1,070 | |
| 14 | $6,981 | 6.625% | — | 2 | +$1,594 | |
| 15 | $7,091 | 6.375% | — | 4 | +$1,704 | |
| 16 | $7,245 | 5.500% | — | 3 | +$1,858 | |
| 17 | $7,580 | 6.000% | — | 1 | +$2,193 | |
| 18 | $8,889 | 5.500% | — | 1 | +$3,502 | |
| 19 | $9,803 | 6.188% | — | 4 | +$4,416 | |
| 20 | $10,844 | 6.000% | — | 1 | +$5,457 |
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.