Renasant Bank closing costs and rates (2024)
In 2024, Renasant Bank originated 3,984 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $6,286. That ranks #119 nationally by origination volume. For total closing costs among lenders with 500+ originations, Renasant Bank ranks #306. That is $455 below the national median of $6,741. Renasant Bank is most active in Alabama with 1,062 originations there.
Purchase Originations
3,984
Ranked #119 nationally
Median Total Costs
$6,286
−6.8% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$2,395
Median Lender Credits
$275
Cost Rank (500+ vol.)
#306
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,335 | 6.625% | $5,252 | $2,405 |
| fha | 1,025 | 6.250% | $9,235 | $2,712 |
| va | 346 | 6.250% | $6,959 | $1,841 |
| usda | 278 | 6.500% | $6,004 | $1,894 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Alabama | 1,062 | 6.500% | $5,912 | #10 |
| Georgia | 849 | 6.500% | $7,262 | #29 |
| Mississippi | 615 | 6.625% | $5,671 | #6 |
| Tennessee | 398 | 6.625% | $6,434 | #39 |
| South Carolina | 373 | 6.500% | $7,287 | #43 |
| North Carolina | 197 | 6.625% | $5,870 | #106 |
| Virginia | 171 | 6.625% | $5,038 | #95 |
| Florida | 118 | 6.750% | $7,601 | #230 |
| Kentucky | 105 | 6.500% | $4,834 | #79 |
| Arkansas | 28 | 6.250% | $4,763 | — |
| Texas | 21 | 6.625% | $6,550 | — |
| Louisiana | 17 | 6.750% | $6,954 | — |
| Indiana | 12 | 6.750% | $5,173 | — |
| Montana | 5 | 5.990% | $10,678 | — |
| Nebraska | 4 | 7.058% | $6,011 | — |
| Missouri | 3 | 6.750% | $3,011 | — |
| Arizona | 1 | 5.990% | $11,891 | — |
| Michigan | 1 | 6.125% | $13,073 | — |
| Minnesota | 1 | 6.125% | $4,262 | — |
| Oklahoma | 1 | 6.125% | $5,582 | — |
| Washington | 1 | 6.625% | $5,597 | — |
| West Virginia | 1 | 6.750% | $10,654 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,872 | 6.750% | — | 111 | −$1,414 | |
| 2 | $5,098 | 6.625% | — | 154 | −$1,188 | |
| 3 | $5,138 | 6.625% | — | 41 | −$1,148 | |
| 4 | $5,169 | 6.625% | — | 56 | −$1,117 | |
| 5 | $5,302 | 6.875% | — | 71 | −$984 | |
| 6 | $5,428 | 6.875% | — | 99 | −$858 | |
| 7 | $5,604 | 6.375% | — | 69 | −$682 | |
| 8 | $5,672 | 6.625% | — | 41 | −$614 | |
| 9 | $5,896 | 6.625% | — | 128 | −$390 | |
| 10 | $5,903 | 6.625% | — | 71 | −$383 | |
| 11 | $5,939 | 6.188% | — | 50 | −$347 | |
| 12 | $5,949 | 6.250% | — | 59 | −$337 | |
| 13 | $6,471 | 6.625% | — | 51 | +$185 | |
| 14 | $6,833 | 6.750% | — | 48 | +$547 | |
| 15 | $6,969 | 6.625% | — | 41 | +$683 | |
| 16 | $7,538 | 6.250% | — | 52 | +$1,252 | |
| 17 | $8,149 | 6.250% | — | 102 | +$1,863 | |
| 18 | $8,366 | 5.995% | — | 94 | +$2,080 | |
| 19 | $8,611 | 6.250% | — | 76 | +$2,325 | |
| 20 | $9,053 | 6.250% | — | 50 | +$2,767 |
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.