SIMPLICITY closing costs and rates (2024)
In 2024, SIMPLICITY originated 143 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $2,256. That is $4,485 below the national median of $6,741. SIMPLICITY is most active in Wisconsin with 143 originations there.
Purchase Originations
143
Median Total Costs
$2,256
−66.5% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$795
Median Lender Credits
$500
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 143 | 6.375% | $2,256 | $795 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Wisconsin | 143 | 6.375% | $2,256 | #75 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,156 | 6.375% | — | 15 | −$100 | |
| 2 | $2,195 | 6.250% | — | 1 | −$61 | |
| 3 | $2,227 | 6.500% | — | 71 | −$29 | |
| 4 | $2,230 | 6.188% | — | 4 | −$26 | |
| 5 | $2,263 | 6.250% | — | 15 | +$7 | |
| 6 | $2,283 | 6.500% | — | 26 | +$27 | |
| 7 | $2,326 | 6.125% | — | 2 | +$70 | |
| 8 | $2,343 | 6.500% | — | 3 | +$87 | |
| 9 | $2,363 | 6.375% | — | 1 | +$107 | |
| 10 | $2,435 | 6.500% | — | 2 | +$179 | |
| 11 | $2,579 | 6.375% | — | 1 | +$323 | |
| 12 | $2,583 | 6.500% | — | 1 | +$327 | |
| 13 | $3,449 | 6.375% | — | 1 | +$1,193 |
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.