Solvay Bank closing costs and rates (2024)
In 2024, Solvay Bank originated 116 purchase mortgages at a median interest rate of 6.31% and median total closing costs of $3,738. That is $3,003 below the national median of $6,741. Solvay Bank is most active in New York with 116 originations there.
Purchase Originations
116
Median Total Costs
$3,738
−44.5% vs national ($6,741)
Median Rate
6.312%
−4.7% vs national (6.620%)
Median Origination
$870
Median Lender Credits
$135
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 116 | 6.312% | $3,738 | $870 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 116 | 6.312% | $3,738 | #111 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,535 | 6.312% | — | 6 | −$203 | |
| 2 | $3,712 | 7.125% | — | 1 | −$26 | |
| 3 | $3,738 | 6.375% | — | 106 | +$0 | |
| 4 | $5,718 | 6.000% | — | 3 | +$1,980 |
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.