ROSS MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, ROSS MORTGAGE CORPORATION originated 821 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $5,656. That ranks #432 nationally by origination volume. For total closing costs among lenders with 500+ originations, ROSS MORTGAGE CORPORATION ranks #256. That is $1,085 below the national median of $6,741. ROSS MORTGAGE CORPORATION is most active in Michigan with 518 originations there.
Purchase Originations
821
Ranked #432 nationally
Median Total Costs
$5,656
−16.1% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$2,446
Median Lender Credits
$230
Cost Rank (500+ vol.)
#256
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 509 | 6.750% | $4,674 | $2,335 |
| fha | 199 | 6.625% | $8,855 | $2,720 |
| va | 105 | 6.625% | $7,443 | $2,531 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Michigan | 518 | 6.750% | $4,707 | #34 |
| Tennessee | 140 | 6.625% | $8,588 | #98 |
| Virginia | 68 | 6.625% | $9,724 | #154 |
| Kentucky | 33 | 7.125% | $8,004 | — |
| Florida | 24 | 6.750% | $9,306 | — |
| Illinois | 15 | 6.500% | $10,457 | — |
| Georgia | 7 | 6.625% | $7,378 | — |
| South Carolina | 5 | 6.625% | $5,824 | — |
| North Carolina | 3 | 6.990% | $4,877 | — |
| Alabama | 2 | 6.995% | $11,508 | — |
| Indiana | 2 | 6.438% | $8,063 | — |
| Ohio | 2 | 6.375% | $8,065 | — |
| Arkansas | 1 | 6.750% | $13,562 | — |
| Texas | 1 | 6.625% | $7,339 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,478 | 6.990% | — | 11 | −$1,178 | |
| 2 | $4,496 | 6.875% | — | 9 | −$1,160 | |
| 3 | $4,507 | 6.875% | — | 133 | −$1,149 | |
| 4 | $4,548 | 6.625% | — | 159 | −$1,108 | |
| 5 | $5,069 | 6.625% | — | 61 | −$587 | |
| 6 | $5,080 | 6.933% | — | 46 | −$576 | |
| 7 | $5,360 | 6.625% | — | 8 | −$296 | |
| 8 | $5,887 | 6.750% | — | 31 | +$231 | |
| 9 | $6,201 | 6.625% | — | 24 | +$545 | |
| 10 | $7,284 | 6.990% | — | 13 | +$1,628 | |
| 11 | $7,289 | 6.624% | — | 8 | +$1,633 | |
| 12 | $7,535 | 6.625% | — | 9 | +$1,879 | |
| 13 | $8,520 | 6.625% | — | 28 | +$2,864 | |
| 14 | $8,708 | 7.125% | — | 8 | +$3,052 | |
| 15 | $8,770 | 7.125% | — | 9 | +$3,114 | |
| 16 | $9,959 | 6.562% | — | 10 | +$4,303 | |
| 17 | $9,966 | 6.625% | — | 13 | +$4,310 | |
| 18 | $12,875 | 6.688% | — | 8 | +$7,219 | |
| 19 | $13,920 | 6.625% | — | 7 | +$8,264 | |
| 20 | $15,679 | 6.625% | — | 7 | +$10,023 |
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.