RESIDENTIAL MORTGAGE NETWORK, INC. closing costs and rates (2024)
In 2024, RESIDENTIAL MORTGAGE NETWORK, INC. originated 407 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $3,369. That is $3,372 below the national median of $6,741. RESIDENTIAL MORTGAGE NETWORK, INC. is most active in Iowa with 407 originations there.
Purchase Originations
407
Median Total Costs
$3,369
−50.0% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$915
Median Lender Credits
—
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 158 | 6.625% | $2,267 | $915 |
| va | 105 | 6.250% | $3,166 | $915 |
| fha | 90 | 6.500% | $6,095 | $1,313 |
| usda | 54 | 6.500% | $4,158 | $1,183 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Iowa | 407 | 6.500% | $3,369 | #17 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,679 | 6.000% | — | 2 | −$1,690 | |
| 2 | $2,129 | 6.625% | — | 3 | −$1,240 | |
| 3 | $2,651 | 6.500% | — | 125 | −$718 | |
| 4 | $2,951 | 7.125% | — | 5 | −$418 | |
| 5 | $3,008 | 6.500% | — | 119 | −$361 | |
| 6 | $3,166 | 6.375% | — | 3 | −$203 | |
| 7 | $3,200 | 6.375% | — | 10 | −$169 | |
| 8 | $3,266 | 6.500% | — | 4 | −$103 | |
| 9 | $3,313 | 6.562% | — | 2 | −$56 | |
| 10 | $3,341 | 7.375% | — | 2 | −$28 | |
| 11 | $3,966 | 6.500% | — | 5 | +$597 | |
| 12 | $4,056 | 6.500% | — | 15 | +$687 | |
| 13 | $4,111 | 6.250% | — | 3 | +$742 | |
| 14 | $4,233 | 6.438% | — | 16 | +$864 | |
| 15 | $4,247 | 6.500% | — | 46 | +$878 | |
| 16 | $4,287 | 6.500% | — | 14 | +$918 | |
| 17 | $4,544 | 6.875% | — | 3 | +$1,175 | |
| 18 | $4,816 | 6.250% | — | 2 | +$1,447 | |
| 19 | $5,641 | 7.188% | — | 4 | +$2,272 | |
| 20 | $5,865 | 6.500% | — | 8 | +$2,496 |
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.