Reliabank Dakota closing costs and rates (2024)
In 2024, Reliabank Dakota originated 104 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,058. That is $1,683 below the national median of $6,741. Reliabank Dakota is most active in South Dakota with 90 originations there.
Purchase Originations
104
Median Total Costs
$5,058
−25.0% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$2,082
Median Lender Credits
$117
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 76 | 6.625% | $4,468 | $2,383 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 90 | 6.562% | $5,072 | #24 |
| Iowa | 7 | 6.250% | $4,304 | — |
| Minnesota | 5 | 6.500% | $6,537 | — |
| Mississippi | 1 | 6.250% | $3,386 | — |
| Texas | 1 | 6.625% | $7,836 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,631 | 6.125% | — | 1 | −$2,427 | |
| 2 | $2,709 | 6.625% | — | 1 | −$2,349 | |
| 3 | $3,281 | 6.250% | — | 2 | −$1,777 | |
| 4 | $3,386 | 6.250% | — | 1 | −$1,672 | |
| 5 | $3,713 | 6.500% | — | 1 | −$1,345 | |
| 6 | $4,172 | 6.188% | — | 14 | −$886 | |
| 7 | $4,191 | 6.750% | — | 1 | −$867 | |
| 8 | $4,586 | 6.495% | — | 6 | −$472 | |
| 9 | $4,597 | 6.500% | — | 37 | −$461 | |
| 10 | $4,921 | 6.250% | — | 3 | −$137 | |
| 11 | $4,998 | 6.640% | — | 17 | −$60 | |
| 12 | $5,517 | 6.500% | — | 1 | +$459 | |
| 13 | $5,816 | 6.625% | — | 1 | +$758 | |
| 14 | $5,962 | 5.250% | — | 1 | +$904 | |
| 15 | $6,094 | 6.812% | — | 2 | +$1,036 | |
| 16 | $6,145 | 6.438% | — | 4 | +$1,087 | |
| 17 | $6,327 | 6.812% | — | 2 | +$1,269 | |
| 18 | $6,537 | 7.500% | — | 1 | +$1,479 | |
| 19 | $6,970 | 6.500% | — | 1 | +$1,912 | |
| 20 | $9,840 | 5.750% | — | 1 | +$4,782 |
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.