River Bank & Trust closing costs and rates (2024)
In 2024, River Bank & Trust originated 224 purchase mortgages at a median interest rate of 8.20% and median total closing costs of $5,150. That is $1,591 below the national median of $6,741. River Bank & Trust is most active in Alabama with 215 originations there.
Purchase Originations
224
Median Total Costs
$5,150
−23.6% vs national ($6,741)
Median Rate
8.200%
+23.9% vs national (6.620%)
Median Origination
$3,245
Median Lender Credits
$85
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 224 | 8.200% | $5,150 | $3,245 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Alabama | 215 | 8.250% | $5,134 | #51 |
| Florida | 5 | 8.125% | $11,905 | — |
| Georgia | 2 | 7.875% | $5,915 | — |
| Mississippi | 1 | 7.950% | $8,704 | — |
| Tennessee | 1 | 8.000% | $3,293 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,090 | 7.812% | — | 2 | −$3,060 | |
| 2 | $2,205 | 8.000% | — | 5 | −$2,945 | |
| 3 | $2,870 | 7.875% | — | 3 | −$2,280 | |
| 4 | $2,970 | 8.000% | — | 7 | −$2,180 | |
| 5 | $3,448 | 8.000% | — | 6 | −$1,702 | |
| 6 | $3,573 | 7.188% | — | 8 | −$1,577 | |
| 7 | $3,706 | 7.812% | — | 8 | −$1,444 | |
| 8 | $3,901 | 8.062% | — | 6 | −$1,249 | |
| 9 | $4,282 | 7.850% | — | 4 | −$868 | |
| 10 | $4,769 | 7.875% | — | 12 | −$381 | |
| 11 | $4,885 | 8.000% | — | 11 | −$265 | |
| 12 | $5,522 | 8.500% | — | 29 | +$372 | |
| 13 | $5,688 | 8.500% | — | 21 | +$538 | |
| 14 | $5,949 | 7.438% | — | 6 | +$799 | |
| 15 | $6,218 | 7.750% | — | 7 | +$1,068 | |
| 16 | $6,270 | 8.000% | — | 12 | +$1,120 | |
| 17 | $6,379 | 8.750% | — | 53 | +$1,229 | |
| 18 | $6,835 | 7.625% | — | 3 | +$1,685 | |
| 19 | $10,433 | 8.062% | — | 2 | +$5,283 | |
| 20 | $13,609 | 7.938% | — | 2 | +$8,459 |
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.