Red River Bank closing costs and rates (2024)
In 2024, Red River Bank originated 529 purchase mortgages at a median interest rate of 6.27% and median total closing costs of $4,523. That ranks #615 nationally by origination volume. For total closing costs among lenders with 500+ originations, Red River Bank ranks #157. That is $2,218 below the national median of $6,741. Red River Bank is most active in Louisiana with 517 originations there.
Purchase Originations
529
Ranked #615 nationally
Median Total Costs
$4,523
−32.9% vs national ($6,741)
Median Rate
6.270%
−5.3% vs national (6.620%)
Median Origination
$1,050
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#157
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 308 | 6.500% | $3,755 | $1,050 |
| fha | 157 | 6.190% | $6,933 | $1,250 |
| va | 40 | 5.995% | $4,547 | $0 |
| usda | 24 | 5.995% | $5,443 | $1,250 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,751 | 6.190% | — | 13 | −$772 | |
| 2 | $3,840 | 6.250% | — | 3 | −$683 | |
| 3 | $3,940 | 6.375% | — | 24 | −$583 | |
| 4 | $4,027 | 6.270% | — | 73 | −$496 | |
| 5 | $4,149 | 6.250% | — | 59 | −$374 | |
| 6 | $4,191 | 6.500% | — | 18 | −$332 | |
| 7 | $4,193 | 6.625% | — | 5 | −$330 | |
| 8 | $4,198 | 6.490% | — | 9 | −$325 | |
| 9 | $4,341 | 6.750% | — | 11 | −$182 | |
| 10 | $4,343 | 6.183% | — | 2 | −$180 | |
| 11 | $4,648 | 6.270% | — | 192 | +$125 | |
| 12 | $4,723 | 6.220% | — | 42 | +$200 | |
| 13 | $5,109 | 6.125% | — | 10 | +$586 | |
| 14 | $5,202 | 6.688% | — | 2 | +$679 | |
| 15 | $5,267 | 7.105% | — | 2 | +$744 | |
| 16 | $5,667 | 6.375% | — | 21 | +$1,144 | |
| 17 | $5,709 | 6.125% | — | 3 | +$1,186 | |
| 18 | $5,749 | 6.312% | — | 4 | +$1,226 | |
| 19 | $6,171 | 6.125% | — | 7 | +$1,648 | |
| 20 | $6,770 | 6.750% | — | 2 | +$2,247 |
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.