PRINCETON MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, PRINCETON MORTGAGE CORPORATION originated 661 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $7,793. That ranks #529 nationally by origination volume. For total closing costs among lenders with 500+ originations, PRINCETON MORTGAGE CORPORATION ranks #429. That is $1,052 above the national median of $6,741. PRINCETON MORTGAGE CORPORATION is most active in Pennsylvania with 209 originations there.
Purchase Originations
661
Ranked #529 nationally
Median Total Costs
$7,793
+15.6% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,975
Median Lender Credits
$104
Cost Rank (500+ vol.)
#429
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 435 | 6.875% | $6,743 | $3,250 |
| fha | 163 | 6.625% | $10,984 | $2,814 |
| va | 51 | 6.625% | $7,244 | $2,255 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 209 | 6.625% | $8,627 | #99 |
| South Carolina | 101 | 6.990% | $7,876 | #117 |
| Alabama | 89 | 6.625% | $7,367 | #101 |
| Georgia | 64 | 6.750% | $6,794 | #173 |
| New Jersey | 51 | 6.875% | $6,759 | #147 |
| Virginia | 27 | 6.625% | $7,691 | — |
| Mississippi | 24 | 6.812% | $6,328 | — |
| Texas | 20 | 6.562% | $10,439 | — |
| Tennessee | 16 | 6.062% | $11,077 | — |
| Florida | 14 | 6.250% | $6,403 | — |
| Illinois | 14 | 6.990% | $7,749 | — |
| North Carolina | 7 | 6.875% | $6,655 | — |
| California | 5 | 6.625% | $13,786 | — |
| Maryland | 4 | 6.875% | $7,889 | — |
| Ohio | 3 | 6.875% | $7,680 | — |
| Arkansas | 2 | 7.562% | $3,824 | — |
| Colorado | 2 | 7.688% | $16,729 | — |
| Massachusetts | 2 | 6.870% | $8,687 | — |
| Michigan | 2 | 6.438% | $4,530 | — |
| Delaware | 1 | 7.250% | $7,557 | — |
| Kansas | 1 | 6.875% | $6,233 | — |
| Louisiana | 1 | 7.250% | $5,362 | — |
| New Mexico | 1 | 8.750% | $20,932 | — |
| West Virginia | 1 | 6.125% | $18,521 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,508 | 6.990% | — | 12 | −$2,285 | |
| 2 | $5,771 | 7.125% | — | 23 | −$2,022 | |
| 3 | $6,531 | 6.625% | — | 17 | −$1,262 | |
| 4 | $6,734 | 6.625% | — | 24 | −$1,059 | |
| 5 | $6,743 | 6.750% | — | 17 | −$1,050 | |
| 6 | $7,406 | 6.500% | — | 35 | −$387 | |
| 7 | $7,746 | 6.990% | — | 20 | −$47 | |
| 8 | $7,791 | 6.625% | — | 9 | −$2 | |
| 9 | $7,987 | 6.500% | — | 24 | +$194 | |
| 10 | $8,050 | 6.688% | — | 16 | +$257 | |
| 11 | $8,063 | 6.624% | — | 10 | +$270 | |
| 12 | $8,265 | 6.500% | — | 15 | +$472 | |
| 13 | $8,498 | 6.990% | — | 10 | +$705 | |
| 14 | $8,563 | 6.990% | — | 11 | +$770 | |
| 15 | $8,702 | 6.812% | — | 66 | +$909 | |
| 16 | $8,922 | 6.875% | — | 10 | +$1,129 | |
| 17 | $8,980 | 6.750% | — | 31 | +$1,187 | |
| 18 | $9,214 | 6.875% | — | 11 | +$1,421 | |
| 19 | $9,969 | 6.688% | — | 16 | +$2,176 | |
| 20 | $10,439 | 6.375% | — | 10 | +$2,646 |
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.