Security Federal Savings Bank closing costs and rates (2024)
In 2024, Security Federal Savings Bank originated 154 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $2,227. That is $4,514 below the national median of $6,741. Security Federal Savings Bank is most active in Indiana with 154 originations there.
Purchase Originations
154
Median Total Costs
$2,227
−67.0% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$750
Median Lender Credits
$2,100
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 154 | 6.750% | $2,227 | $750 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Indiana | 154 | 6.750% | $2,227 | #95 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,041 | 7.875% | — | 1 | −$186 | |
| 2 | $2,056 | 6.750% | — | 63 | −$171 | |
| 3 | $2,099 | 6.375% | — | 7 | −$128 | |
| 4 | $2,149 | 6.562% | — | 2 | −$78 | |
| 5 | $2,236 | 6.500% | — | 3 | +$9 | |
| 6 | $2,266 | 6.750% | — | 47 | +$39 | |
| 7 | $2,288 | 6.500% | — | 1 | +$61 | |
| 8 | $2,341 | 6.625% | — | 7 | +$114 | |
| 9 | $2,421 | 6.875% | — | 1 | +$194 | |
| 10 | $2,685 | 7.625% | — | 1 | +$458 | |
| 11 | $2,726 | 6.750% | — | 1 | +$499 | |
| 12 | $2,765 | 7.375% | — | 3 | +$538 | |
| 13 | $3,084 | 6.500% | — | 2 | +$857 | |
| 14 | $3,640 | 6.750% | — | 4 | +$1,413 | |
| 15 | $5,168 | 6.125% | — | 1 | +$2,941 | |
| 16 | $5,745 | 6.125% | — | 2 | +$3,518 | |
| 17 | $6,931 | 6.125% | — | 7 | +$4,704 | |
| 18 | $7,364 | 5.500% | — | 1 | +$5,137 |
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.