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State Department Federal Credit Union closing costs and rates (2024)

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In 2024, State Department Federal Credit Union originated 100 purchase mortgages at a median interest rate of 6.00% and median total closing costs of $7,588. That is $847 above the national median of $6,741. State Department Federal Credit Union is most active in Virginia with 32 originations there.

Purchase Originations

100

Median Total Costs

$7,588

+12.6% vs national ($6,741)

Median Rate

6.000%

−9.4% vs national (6.620%)

Median Origination

$4,510

Median Lender Credits

$198

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1006.000%$7,588$4,510

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Virginia326.000%$8,670
Florida105.750%$6,041
Maryland96.000%$5,965
District of Columbia75.875%$12,031
North Carolina56.125%$5,363
Pennsylvania55.625%$7,001
Texas45.875%$8,322
New Mexico35.750%$10,618
South Carolina36.250%$5,217
Arizona25.750%$7,978
California25.812%$6,014
Colorado26.312%$7,909
Oregon26.000%$7,163
Alaska16.000%$4,222
Arkansas15.500%$3,876
Iowa17.000%$3,749
Kansas16.750%$6,361
Kentucky15.125%$12,933
Massachusetts16.750%$5,791
Maine16.875%$4,965
Michigan16.125%$9,458
Missouri14.875%$9,246
New Hampshire16.375%$5,936
Ohio15.250%$6,943
Rhode Island16.250%$4,262
Vermont16.500%$7,019
West Virginia16.000%$8,172

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,7497.000%1−$3,839
2$5,4136.000%1−$2,175
3$5,6236.250%3−$1,965
4$6,3616.750%1−$1,227
5$7,1456.250%4−$443
6$7,3485.750%2−$240
7$7,9785.750%2+$390
8$8,0135.625%2+$425
9$8,3206.250%6+$732
10$8,3326.000%4+$744
11$8,3856.062%4+$797
12$8,6015.875%2+$1,013
13$8,6706.000%10+$1,082
14$8,9666.000%4+$1,378
15$9,1235.750%3+$1,535
16$9,1785.625%1+$1,590
17$10,3785.938%2+$2,790
18$12,0315.875%7+$4,443
19$12,9335.125%1+$5,345
20$31,3525.500%1+$23,764

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.