RESIDENTIAL WHOLESALE MORTGAGE, INC. closing costs and rates (2024)
In 2024, RESIDENTIAL WHOLESALE MORTGAGE, INC. originated 764 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $7,762. That ranks #471 nationally by origination volume. For total closing costs among lenders with 500+ originations, RESIDENTIAL WHOLESALE MORTGAGE, INC. ranks #426. That is $1,021 above the national median of $6,741. RESIDENTIAL WHOLESALE MORTGAGE, INC. is most active in California with 363 originations there.
Purchase Originations
764
Ranked #471 nationally
Median Total Costs
$7,762
+15.2% vs national ($6,741)
Median Rate
6.624%
+0.1% vs national (6.620%)
Median Origination
$2,507
Median Lender Credits
$600
Cost Rank (500+ vol.)
#426
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 469 | 6.625% | $6,450 | $2,090 |
| fha | 185 | 6.250% | $13,918 | $3,642 |
| va | 92 | 6.250% | $8,385 | $1,725 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 363 | 6.625% | $9,865 | #99 |
| Washington | 66 | 6.875% | $5,167 | #128 |
| Arizona | 57 | 6.624% | $6,516 | #133 |
| Colorado | 44 | 6.625% | $7,497 | — |
| North Carolina | 36 | 6.188% | $7,984 | — |
| Utah | 36 | 6.375% | $9,561 | — |
| Nevada | 27 | 6.625% | $9,059 | — |
| Ohio | 24 | 6.000% | $6,861 | — |
| Texas | 23 | 6.500% | $7,483 | — |
| Tennessee | 19 | 6.500% | $6,665 | — |
| Alabama | 17 | 6.375% | $7,747 | — |
| Florida | 14 | 6.750% | $7,200 | — |
| South Carolina | 13 | 6.125% | $4,317 | — |
| Oregon | 6 | 6.562% | $5,285 | — |
| Illinois | 5 | 7.000% | $13,157 | — |
| Michigan | 5 | 6.125% | $3,714 | — |
| Idaho | 3 | 6.875% | $5,282 | — |
| Indiana | 2 | 6.312% | $9,438 | — |
| Arkansas | 1 | 6.125% | $4,390 | — |
| Georgia | 1 | 6.250% | $15,777 | — |
| Kentucky | 1 | 7.125% | $4,537 | — |
| Minnesota | 1 | 6.490% | $3,548 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,560 | 6.875% | — | 45 | −$3,202 | |
| 2 | $5,147 | 6.375% | — | 7 | −$2,615 | |
| 3 | $5,364 | 6.812% | — | 24 | −$2,398 | |
| 4 | $6,632 | 6.625% | — | 7 | −$1,130 | |
| 5 | $7,141 | 6.375% | — | 11 | −$621 | |
| 6 | $7,394 | 6.562% | — | 20 | −$368 | |
| 7 | $7,651 | 6.875% | — | 7 | −$111 | |
| 8 | $7,673 | 6.625% | — | 11 | −$89 | |
| 9 | $7,718 | 6.625% | — | 21 | −$44 | |
| 10 | $7,728 | 6.624% | — | 133 | −$34 | |
| 11 | $9,059 | 6.625% | — | 21 | +$1,297 | |
| 12 | $9,134 | 6.058% | — | 6 | +$1,372 | |
| 13 | $9,235 | 6.250% | — | 8 | +$1,473 | |
| 14 | $10,301 | 6.625% | — | 23 | +$2,539 | |
| 15 | $11,084 | 6.875% | — | 28 | +$3,322 | |
| 16 | $11,102 | 6.375% | — | 11 | +$3,340 | |
| 17 | $11,598 | 6.990% | — | 13 | +$3,836 | |
| 18 | $11,909 | 6.625% | — | 9 | +$4,147 | |
| 19 | $12,344 | 6.500% | — | 12 | +$4,582 | |
| 20 | $13,787 | 6.500% | — | 106 | +$6,025 |
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.