PRIMARY RESIDENTIAL MORTGAGE, INC. closing costs and rates (2024)
In 2024, PRIMARY RESIDENTIAL MORTGAGE, INC. originated 7,044 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $7,958. That ranks #62 nationally by origination volume. For total closing costs among lenders with 500+ originations, PRIMARY RESIDENTIAL MORTGAGE, INC. ranks #437. That is $1,217 above the national median of $6,741. PRIMARY RESIDENTIAL MORTGAGE, INC. is most active in Maryland with 1,079 originations there.
Purchase Originations
7,044
Ranked #62 nationally
Median Total Costs
$7,958
+18.1% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$4,106
Median Lender Credits
$220
Cost Rank (500+ vol.)
#437
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,962 | 6.750% | $6,861 | $4,150 |
| fha | 2,310 | 6.750% | $11,335 | $4,579 |
| va | 632 | 6.625% | $7,531 | $1,690 |
| usda | 140 | 6.750% | $6,972 | $3,209 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maryland | 1,079 | 6.625% | $8,981 | #9 |
| New Mexico | 732 | 6.625% | $6,933 | #4 |
| Florida | 517 | 6.750% | $12,453 | #87 |
| Colorado | 434 | 6.625% | $7,030 | #38 |
| Texas | 387 | 6.875% | $7,779 | #145 |
| California | 300 | 6.625% | $10,867 | #111 |
| North Carolina | 286 | 6.750% | $7,254 | #80 |
| Rhode Island | 283 | 6.500% | $7,697 | #6 |
| Wisconsin | 230 | 6.750% | $7,786 | #50 |
| Utah | 215 | 6.625% | $7,712 | #33 |
| Tennessee | 208 | 6.625% | $5,834 | #72 |
| Pennsylvania | 189 | 6.875% | $8,617 | #107 |
| Kansas | 185 | 7.000% | $4,710 | #37 |
| Connecticut | 173 | 6.875% | $8,512 | #33 |
| Louisiana | 150 | 6.875% | $7,332 | #42 |
| Arkansas | 136 | 6.875% | $7,394 | #51 |
| South Carolina | 117 | 6.625% | $9,014 | #104 |
| Minnesota | 114 | 6.875% | $6,851 | #82 |
| Delaware | 109 | 6.500% | $6,461 | #26 |
| Kentucky | 93 | 6.750% | $5,018 | #85 |
| Washington | 92 | 6.625% | $8,145 | #107 |
| Ohio | 91 | 6.990% | $5,764 | #140 |
| Georgia | 81 | 6.625% | $9,930 | #155 |
| Massachusetts | 79 | 6.750% | $9,716 | #106 |
| Nevada | 79 | 6.625% | $9,810 | #71 |
| North Dakota | 76 | 6.500% | $8,970 | #19 |
| Oregon | 59 | 6.625% | $8,765 | #98 |
| Indiana | 58 | 6.875% | $6,375 | #162 |
| Alaska | 57 | 6.125% | $0 | #22 |
| Hawaii | 53 | 6.500% | $6,989 | #28 |
| Wyoming | 48 | 6.312% | $8,990 | — |
| Virginia | 43 | 6.875% | $7,742 | — |
| Iowa | 41 | 7.125% | $7,765 | — |
| New Jersey | 39 | 6.990% | $10,280 | — |
| Arizona | 29 | 6.500% | $8,520 | — |
| Illinois | 29 | 6.750% | $8,878 | — |
| Idaho | 27 | 6.500% | $10,673 | — |
| Maine | 25 | 7.125% | $9,510 | — |
| Missouri | 24 | 7.000% | $5,259 | — |
| South Dakota | 13 | 6.625% | $6,514 | — |
| District of Columbia | 11 | 6.990% | $15,267 | — |
| Alabama | 10 | 6.875% | $5,076 | — |
| Nebraska | 9 | 6.625% | $9,206 | — |
| Oklahoma | 8 | 7.250% | $7,236 | — |
| Vermont | 8 | 7.058% | $10,318 | — |
| Mississippi | 7 | 6.750% | $6,947 | — |
| Michigan | 5 | 6.625% | $3,963 | — |
| Montana | 2 | 6.875% | $4,715 | — |
| New Hampshire | 2 | 7.062% | $9,340 | — |
| West Virginia | 2 | 6.625% | $8,727 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,894 | 7.125% | — | 80 | −$3,064 | |
| 2 | $5,131 | 6.625% | — | 86 | −$2,827 | |
| 3 | $6,082 | 6.875% | — | 52 | −$1,876 | |
| 4 | $6,539 | 6.750% | — | 291 | −$1,419 | |
| 5 | $7,008 | 6.500% | — | 195 | −$950 | |
| 6 | $7,453 | 6.625% | — | 222 | −$505 | |
| 7 | $7,654 | 6.625% | — | 141 | −$304 | |
| 8 | $8,152 | 6.625% | — | 149 | +$194 | |
| 9 | $8,246 | 6.625% | — | 62 | +$288 | |
| 10 | $8,599 | 6.875% | — | 87 | +$641 | |
| 11 | $8,687 | 6.875% | — | 66 | +$729 | |
| 12 | $8,815 | 6.625% | — | 81 | +$857 | |
| 13 | $8,904 | 6.500% | — | 71 | +$946 | |
| 14 | $9,140 | 6.750% | — | 311 | +$1,182 | |
| 15 | $9,429 | 6.500% | — | 69 | +$1,471 | |
| 16 | $9,743 | 6.625% | — | 146 | +$1,785 | |
| 17 | $10,103 | 6.625% | — | 115 | +$2,145 | |
| 18 | $14,586 | 6.750% | — | 54 | +$6,628 | |
| 19 | $14,674 | 6.625% | — | 64 | +$6,716 | |
| 20 | $19,451 | 6.990% | — | 75 | +$11,493 |
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.