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POLARIS HOME FUNDING CORP. closing costs and rates (2024)

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In 2024, POLARIS HOME FUNDING CORP. originated 842 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $8,056. That ranks #423 nationally by origination volume. For total closing costs among lenders with 500+ originations, POLARIS HOME FUNDING CORP. ranks #445. That is $1,315 above the national median of $6,741. POLARIS HOME FUNDING CORP. is most active in Ohio with 596 originations there.

Purchase Originations

842

Ranked #423 nationally

Median Total Costs

$8,056

+19.5% vs national ($6,741)

Median Rate

6.750%

+2.0% vs national (6.620%)

Median Origination

$3,607

Median Lender Credits

$81

Cost Rank (500+ vol.)

#445

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
fha4026.750%$9,492$3,635
conventional2566.995%$6,194$3,669
usda1276.750%$7,313$3,373
va576.750%$8,737$4,067

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Ohio5966.750%$8,351#40
Kentucky1156.750%$8,237#75
Indiana856.750%$6,892#139
West Virginia326.625%$6,552
Michigan77.125%$6,738
Florida26.875%$9,264
Tennessee26.750%$9,080
Georgia17.250%$14,142
Maine17.125%$19,160
Pennsylvania17.625%$12,504

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$5,8096.750%16−$2,247
2$6,2636.750%77−$1,793
3$6,5986.750%48−$1,458
4$6,8676.750%31−$1,189
5$6,8946.625%14−$1,162
6$7,7916.750%11−$265
7$7,8986.750%10−$158
8$8,0136.750%11−$43
9$8,2006.625%11+$144
10$8,3556.750%59+$299
11$8,5366.750%40+$480
12$8,7096.625%17+$653
13$8,7136.750%10+$657
14$8,7536.750%109+$697
15$9,6406.750%14+$1,584
16$9,8846.750%25+$1,828
17$10,2156.625%11+$2,159
18$10,2296.562%18+$2,173
19$10,4676.250%10+$2,411
20$13,1586.750%12+$5,102

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.