PHH Mortgage Corporation closing costs and rates (2024)
In 2024, PHH Mortgage Corporation originated 271 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $5,908. That is $833 below the national median of $6,741. PHH Mortgage Corporation is most active in Florida with 30 originations there.
Purchase Originations
271
Median Total Costs
$5,908
−12.4% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$2,720
Median Lender Credits
$450
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 239 | 6.625% | $5,770 | $2,516 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 30 | 6.625% | $6,294 | — |
| Texas | 24 | 6.500% | $6,580 | — |
| Alabama | 21 | 6.375% | $3,559 | — |
| Ohio | 16 | 6.995% | $5,663 | — |
| Illinois | 15 | 6.990% | $5,878 | — |
| Indiana | 15 | 6.625% | $2,906 | — |
| Virginia | 14 | 6.250% | $5,143 | — |
| Pennsylvania | 12 | 6.625% | $5,415 | — |
| Arizona | 10 | 6.562% | $7,169 | — |
| Colorado | 8 | 6.375% | $6,528 | — |
| Michigan | 8 | 6.625% | $7,180 | — |
| California | 7 | 6.875% | $8,629 | — |
| Mississippi | 7 | 6.625% | $3,445 | — |
| North Carolina | 7 | 6.625% | $4,297 | — |
| New York | 6 | 6.875% | $18,616 | — |
| Tennessee | 6 | 6.433% | $5,275 | — |
| Kentucky | 5 | 6.125% | $5,938 | — |
| Massachusetts | 5 | 6.375% | $11,009 | — |
| Missouri | 5 | 6.625% | $6,198 | — |
| South Carolina | 5 | 6.990% | $5,007 | — |
| Washington | 5 | 5.875% | $9,600 | — |
| Georgia | 4 | 6.875% | $6,746 | — |
| New Jersey | 4 | 6.125% | $6,916 | — |
| Wisconsin | 4 | 6.933% | $7,411 | — |
| Maryland | 3 | 6.375% | $7,324 | — |
| Nevada | 3 | 6.125% | $9,577 | — |
| Connecticut | 2 | 7.933% | $6,199 | — |
| Idaho | 2 | 6.938% | $7,245 | — |
| Maine | 2 | 6.683% | $8,245 | — |
| Minnesota | 2 | 6.433% | $7,144 | — |
| Oklahoma | 2 | 6.490% | $8,563 | — |
| Oregon | 2 | 6.312% | $9,328 | — |
| West Virginia | 2 | 6.808% | $11,204 | — |
| Arkansas | 1 | 6.375% | $7,909 | — |
| Hawaii | 1 | 6.125% | $7,926 | — |
| Kansas | 1 | 6.625% | $7,287 | — |
| Louisiana | 1 | 8.250% | $10,112 | — |
| Montana | 1 | 6.990% | $7,272 | — |
| New Hampshire | 1 | 6.490% | $6,865 | — |
| Rhode Island | 1 | 5.375% | $2,635 | — |
| Utah | 1 | 6.375% | $5,984 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,612 | 6.625% | — | 6 | −$3,296 | |
| 2 | $3,034 | 6.058% | — | 4 | −$2,874 | |
| 3 | $3,523 | 6.750% | — | 4 | −$2,385 | |
| 4 | $3,559 | 6.125% | — | 3 | −$2,349 | |
| 5 | $5,126 | 6.875% | — | 8 | −$782 | |
| 6 | $5,169 | 6.625% | — | 7 | −$739 | |
| 7 | $5,750 | 7.125% | — | 2 | −$158 | |
| 8 | $5,770 | 5.990% | — | 5 | −$138 | |
| 9 | $6,050 | 6.500% | — | 5 | +$142 | |
| 10 | $6,292 | 6.625% | — | 7 | +$384 | |
| 11 | $6,556 | 7.000% | — | 5 | +$648 | |
| 12 | $6,675 | 6.625% | — | 4 | +$767 | |
| 13 | $7,169 | 6.375% | — | 2 | +$1,261 | |
| 14 | $7,603 | 6.875% | — | 2 | +$1,695 | |
| 15 | $8,259 | 6.875% | — | 2 | +$2,351 | |
| 16 | $9,424 | 6.188% | — | 2 | +$3,516 | |
| 17 | $10,101 | 6.750% | — | 2 | +$4,193 | |
| 18 | $11,150 | 6.500% | — | 7 | +$5,242 | |
| 19 | $12,592 | 6.433% | — | 4 | +$6,684 | |
| 20 | $16,449 | 5.745% | — | 2 | +$10,541 |
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.