ServisFirst Bank closing costs and rates (2024)
In 2024, ServisFirst Bank originated 642 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $4,348. That ranks #541 nationally by origination volume. For total closing costs among lenders with 500+ originations, ServisFirst Bank ranks #142. That is $2,393 below the national median of $6,741. ServisFirst Bank is most active in Alabama with 218 originations there.
Purchase Originations
642
Ranked #541 nationally
Median Total Costs
$4,348
−35.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,075
Median Lender Credits
$49
Cost Rank (500+ vol.)
#142
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 540 | 6.625% | $4,148 | $1,075 |
| fha | 58 | 6.125% | $9,388 | $1,075 |
| va | 44 | 6.125% | $5,500 | $1,075 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Alabama | 218 | 6.500% | $3,627 | #50 |
| Florida | 218 | 6.625% | $4,836 | #159 |
| Tennessee | 80 | 6.625% | $4,386 | #143 |
| Georgia | 60 | 6.625% | $4,270 | #182 |
| South Carolina | 49 | 6.500% | $4,655 | — |
| North Carolina | 9 | 6.990% | $3,689 | — |
| Mississippi | 5 | 6.375% | $4,353 | — |
| Louisiana | 2 | 6.688% | $6,980 | — |
| Texas | 1 | 6.125% | $1,968 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,851 | 6.750% | — | 33 | −$1,497 | |
| 2 | $3,018 | 6.625% | — | 5 | −$1,330 | |
| 3 | $3,076 | 6.812% | — | 22 | −$1,272 | |
| 4 | $3,161 | 6.625% | — | 24 | −$1,187 | |
| 5 | $3,394 | 6.375% | — | 10 | −$954 | |
| 6 | $3,506 | 6.500% | — | 16 | −$842 | |
| 7 | $3,536 | 6.500% | — | 20 | −$812 | |
| 8 | $3,680 | 6.625% | — | 13 | −$668 | |
| 9 | $3,950 | 6.688% | — | 16 | −$398 | |
| 10 | $3,979 | 6.375% | — | 10 | −$369 | |
| 11 | $3,993 | 6.625% | — | 40 | −$355 | |
| 12 | $4,114 | 6.250% | — | 23 | −$234 | |
| 13 | $4,144 | 6.500% | — | 25 | −$204 | |
| 14 | $4,243 | 6.990% | — | 15 | −$105 | |
| 15 | $4,330 | 6.625% | — | 5 | −$18 | |
| 16 | $4,438 | 6.500% | — | 35 | +$90 | |
| 17 | $4,522 | 6.490% | — | 12 | +$174 | |
| 18 | $4,743 | 6.500% | — | 31 | +$395 | |
| 19 | $4,903 | 6.625% | — | 159 | +$555 | |
| 20 | $5,336 | 6.683% | — | 8 | +$988 |
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.