R. F. MORTGAGE & INVESTMENT CORPORATION closing costs and rates (2024)
In 2024, R. F. MORTGAGE & INVESTMENT CORPORATION originated 197 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $9,612. That is $2,871 above the national median of $6,741. R. F. MORTGAGE & INVESTMENT CORPORATION is most active in Puerto Rico with 197 originations there.
Purchase Originations
197
Median Total Costs
$9,612
+42.6% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$5,638
Median Lender Credits
$397
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 93 | 6.500% | $10,613 | $5,652 |
| conventional | 69 | 7.000% | $8,093 | $5,490 |
| usda | 29 | 6.750% | $9,066 | $5,645 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Puerto Rico | 197 | 6.750% | $9,612 | #15 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,752 | 6.750% | — | 3 | −$3,860 | |
| 2 | $7,520 | 6.750% | — | 5 | −$2,092 | |
| 3 | $8,082 | 6.875% | — | 5 | −$1,530 | |
| 4 | $8,195 | 7.000% | — | 9 | −$1,417 | |
| 5 | $8,536 | 6.812% | — | 6 | −$1,076 | |
| 6 | $8,889 | 6.750% | — | 6 | −$723 | |
| 7 | $8,985 | 6.625% | — | 16 | −$627 | |
| 8 | $9,066 | 6.625% | — | 3 | −$546 | |
| 9 | $9,352 | 6.750% | — | 42 | −$260 | |
| 10 | $9,639 | 6.500% | — | 11 | +$27 | |
| 11 | $9,944 | 6.750% | — | 24 | +$332 | |
| 12 | $10,220 | 6.750% | — | 5 | +$608 | |
| 13 | $10,223 | 6.750% | — | 2 | +$611 | |
| 14 | $10,460 | 6.750% | — | 15 | +$848 | |
| 15 | $11,421 | 6.250% | — | 2 | +$1,809 | |
| 16 | $13,017 | 6.250% | — | 3 | +$3,405 | |
| 17 | $13,142 | 6.750% | — | 9 | +$3,530 | |
| 18 | $13,979 | 6.625% | — | 2 | +$4,367 | |
| 19 | $17,605 | 6.500% | — | 5 | +$7,993 | |
| 20 | $19,633 | 6.875% | — | 2 | +$10,021 |
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.