SCHUMACHER MORTGAGE LLC closing costs and rates (2024)
In 2024, SCHUMACHER MORTGAGE LLC originated 425 purchase mortgages at a median interest rate of 5.88% and median total closing costs of $15,953. That is $9,212 above the national median of $6,741. SCHUMACHER MORTGAGE LLC is most active in Ohio with 161 originations there.
Purchase Originations
425
Median Total Costs
$15,953
+136.7% vs national ($6,741)
Median Rate
5.875%
−11.3% vs national (6.620%)
Median Origination
$12,035
Median Lender Credits
$100
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 347 | 5.875% | $15,670 | $11,741 |
| va | 55 | 5.875% | $21,158 | $14,665 |
| fha | 23 | 5.875% | $21,463 | $10,994 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 161 | 5.875% | $15,680 | #105 |
| North Carolina | 111 | 5.875% | $16,931 | #143 |
| South Carolina | 65 | 5.875% | $17,111 | #143 |
| Pennsylvania | 35 | 5.875% | $18,774 | — |
| Indiana | 14 | 6.125% | $16,276 | — |
| Tennessee | 13 | 5.875% | $14,833 | — |
| Louisiana | 9 | 5.875% | $11,117 | — |
| West Virginia | 9 | 5.875% | $13,978 | — |
| Kentucky | 6 | 5.875% | $18,486 | — |
| Georgia | 1 | 5.375% | $24,539 | — |
| Texas | 1 | 6.875% | $7,252 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $10,675 | 7.500% | — | 7 | −$5,278 | |
| 2 | $11,950 | 5.375% | — | 5 | −$4,003 | |
| 3 | $13,432 | 5.875% | — | 5 | −$2,521 | |
| 4 | $14,393 | 6.875% | — | 5 | −$1,560 | |
| 5 | $14,539 | 6.250% | — | 6 | −$1,414 | |
| 6 | $14,759 | 5.375% | — | 5 | −$1,194 | |
| 7 | $16,596 | 4.875% | — | 7 | +$643 | |
| 8 | $16,935 | 5.875% | — | 5 | +$982 | |
| 9 | $17,412 | 7.625% | — | 5 | +$1,459 | |
| 10 | $17,693 | 5.375% | — | 5 | +$1,740 | |
| 11 | $17,835 | 5.875% | — | 6 | +$1,882 | |
| 12 | $17,907 | 5.875% | — | 5 | +$1,954 | |
| 13 | $17,962 | 7.125% | — | 7 | +$2,009 | |
| 14 | $18,050 | 6.125% | — | 6 | +$2,097 | |
| 15 | $18,236 | 8.000% | — | 6 | +$2,283 | |
| 16 | $18,361 | 5.375% | — | 10 | +$2,408 | |
| 17 | $19,645 | 5.875% | — | 8 | +$3,692 | |
| 18 | $19,691 | 5.875% | — | 5 | +$3,738 | |
| 19 | $20,391 | 7.562% | — | 6 | +$4,438 | |
| 20 | $21,245 | 5.875% | — | 5 | +$5,292 |
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.