SRP closing costs and rates (2024)
In 2024, SRP originated 194 purchase mortgages at a median interest rate of 6.12% and median total closing costs of $5,881. That is $860 below the national median of $6,741. SRP is most active in South Carolina with 133 originations there.
Purchase Originations
194
Median Total Costs
$5,881
−12.8% vs national ($6,741)
Median Rate
6.125%
−7.5% vs national (6.620%)
Median Origination
$3,029
Median Lender Credits
$28
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 166 | 6.125% | $5,574 | $2,955 |
| fha | 24 | 6.188% | $10,380 | $3,259 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Carolina | 133 | 6.125% | $5,530 | #98 |
| Georgia | 61 | 6.000% | $6,540 | #181 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,698 | 6.875% | — | 1 | −$1,183 | |
| 2 | $5,093 | 5.875% | — | 7 | −$788 | |
| 3 | $5,155 | 6.125% | — | 2 | −$726 | |
| 4 | $5,156 | 5.875% | — | 3 | −$725 | |
| 5 | $5,473 | 6.125% | — | 102 | −$408 | |
| 6 | $5,841 | 6.375% | — | 13 | −$40 | |
| 7 | $5,973 | 6.125% | — | 20 | +$92 | |
| 8 | $5,994 | 4.750% | — | 1 | +$113 | |
| 9 | $6,002 | 6.125% | — | 3 | +$121 | |
| 10 | $6,104 | 4.625% | — | 1 | +$223 | |
| 11 | $6,358 | 5.750% | — | 1 | +$477 | |
| 12 | $6,555 | 5.375% | — | 1 | +$674 | |
| 13 | $6,669 | 6.125% | — | 21 | +$788 | |
| 14 | $6,960 | 6.875% | — | 1 | +$1,079 | |
| 15 | $7,019 | 5.625% | — | 7 | +$1,138 | |
| 16 | $7,244 | 5.375% | — | 1 | +$1,363 | |
| 17 | $7,278 | 5.750% | — | 1 | +$1,397 | |
| 18 | $8,067 | 5.750% | — | 1 | +$2,186 | |
| 19 | $8,937 | 5.875% | — | 1 | +$3,056 | |
| 20 | $9,843 | 5.250% | — | 1 | +$3,962 |
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.