Plains Commerce Bank closing costs and rates (2024)
In 2024, Plains Commerce Bank originated 10,737 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $8,815. That ranks #41 nationally by origination volume. For total closing costs among lenders with 500+ originations, Plains Commerce Bank ranks #492. That is $2,074 above the national median of $6,741. Plains Commerce Bank is most active in Florida with 1,687 originations there.
Purchase Originations
10,737
Ranked #41 nationally
Median Total Costs
$8,815
+30.8% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$3,695
Median Lender Credits
$899
Cost Rank (500+ vol.)
#492
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 6,069 | 6.625% | $7,265 | $4,243 |
| fha | 3,426 | 6.500% | $12,042 | $3,204 |
| va | 1,110 | 6.250% | $8,665 | $2,365 |
| usda | 132 | 6.125% | $6,343 | $1,547 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 1,687 | 6.625% | $11,090 | #25 |
| South Dakota | 1,376 | 6.250% | $6,169 | #1 |
| Texas | 891 | 6.500% | $11,414 | #74 |
| Arizona | 801 | 6.500% | $10,433 | #20 |
| Utah | 452 | 6.375% | $14,213 | #13 |
| Minnesota | 406 | 6.750% | $6,951 | #38 |
| Colorado | 374 | 6.375% | $9,526 | #45 |
| Georgia | 332 | 6.500% | $10,562 | #73 |
| Nebraska | 250 | 6.750% | $5,710 | #19 |
| Iowa | 249 | 6.625% | $4,893 | #28 |
| Virginia | 243 | 6.500% | $9,336 | #75 |
| Michigan | 241 | 6.875% | $6,653 | #70 |
| California | 233 | 6.500% | $12,727 | #139 |
| Nevada | 204 | 6.500% | $9,325 | #32 |
| Maryland | 199 | 6.625% | $8,870 | #65 |
| Alabama | 197 | 6.750% | $7,322 | #52 |
| North Carolina | 197 | 6.500% | $7,793 | #105 |
| Kentucky | 175 | 6.875% | $6,827 | #57 |
| Missouri | 164 | 6.750% | $5,780 | #67 |
| New Jersey | 162 | 6.500% | $11,933 | #81 |
| Pennsylvania | 147 | 6.750% | $8,731 | #129 |
| South Carolina | 133 | 6.500% | $8,847 | #97 |
| Ohio | 129 | 6.875% | $6,468 | #122 |
| New Mexico | 121 | 6.500% | $9,194 | #32 |
| Washington | 121 | 6.625% | $10,063 | #94 |
| Indiana | 119 | 6.750% | $6,278 | #116 |
| Tennessee | 106 | 6.500% | $9,926 | #120 |
| Oregon | 99 | 6.500% | $12,419 | #70 |
| Illinois | 98 | 6.875% | $7,615 | #144 |
| Kansas | 92 | 6.875% | $7,015 | #72 |
| Idaho | 88 | 6.125% | $11,438 | #47 |
| Montana | 85 | 6.625% | $7,072 | #19 |
| New York | 65 | 6.875% | $13,349 | #137 |
| Wyoming | 63 | 6.625% | $6,591 | #17 |
| Louisiana | 62 | 6.625% | $7,538 | #69 |
| Arkansas | 52 | 6.625% | $5,998 | #89 |
| Hawaii | 51 | 6.250% | $14,830 | #30 |
| Wisconsin | 44 | 6.625% | $6,950 | — |
| Massachusetts | 38 | 6.750% | $12,352 | — |
| Alaska | 35 | 6.375% | $11,576 | — |
| New Hampshire | 31 | 6.750% | $7,433 | — |
| Connecticut | 23 | 6.625% | $11,152 | — |
| North Dakota | 23 | 6.500% | $6,417 | — |
| Oklahoma | 21 | 6.500% | $9,384 | — |
| Delaware | 20 | 6.750% | $9,582 | — |
| West Virginia | 15 | 6.500% | $7,777 | — |
| Mississippi | 11 | 6.875% | $8,190 | — |
| Maine | 6 | 6.875% | $8,221 | — |
| District of Columbia | 5 | 6.625% | $21,754 | — |
| Rhode Island | 1 | 6.625% | $5,175 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,194 | 6.125% | — | 70 | −$3,621 | |
| 2 | $6,329 | 6.250% | — | 641 | −$2,486 | |
| 3 | $6,482 | 6.250% | — | 257 | −$2,333 | |
| 4 | $6,953 | 6.625% | — | 67 | −$1,862 | |
| 5 | $7,356 | 6.375% | — | 136 | −$1,459 | |
| 6 | $9,298 | 6.500% | — | 145 | +$483 | |
| 7 | $9,609 | 6.750% | — | 88 | +$794 | |
| 8 | $9,739 | 6.250% | — | 67 | +$924 | |
| 9 | $9,974 | 6.500% | — | 93 | +$1,159 | |
| 10 | $10,224 | 6.625% | — | 136 | +$1,409 | |
| 11 | $10,561 | 6.625% | — | 81 | +$1,746 | |
| 12 | $10,653 | 6.625% | — | 82 | +$1,838 | |
| 13 | $10,825 | 6.500% | — | 597 | +$2,010 | |
| 14 | $11,081 | 6.495% | — | 228 | +$2,266 | |
| 15 | $11,854 | 6.625% | — | 125 | +$3,039 | |
| 16 | $12,034 | 6.750% | — | 89 | +$3,219 | |
| 17 | $12,327 | 6.438% | — | 82 | +$3,512 | |
| 18 | $14,224 | 6.500% | — | 144 | +$5,409 | |
| 19 | $14,361 | 6.375% | — | 105 | +$5,546 | |
| 20 | $16,370 | 6.625% | — | 133 | +$7,555 |
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.