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TECH Credit Union closing costs and rates (2024)

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In 2024, TECH Credit Union originated 110 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $3,543. That is $3,198 below the national median of $6,741. TECH Credit Union is most active in Indiana with 100 originations there.

Purchase Originations

110

Median Total Costs

$3,543

−47.4% vs national ($6,741)

Median Rate

6.750%

+2.0% vs national (6.620%)

Median Origination

$1,319

Median Lender Credits

$350

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1106.750%$3,543$1,319

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Indiana1006.750%$3,516#125
Illinois76.750%$5,852
Alabama16.500%$3,643
Maryland16.375%$5,919
Michigan17.125%$3,936

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$2,6526.875%1−$891
2$3,0567.125%1−$487
3$3,2106.312%2−$333
4$3,3616.750%13−$182
5$3,5136.875%57−$30
6$3,6436.500%1+$100
7$3,6566.625%26+$113
8$3,9367.125%1+$393
9$4,1006.812%2+$557
10$5,8866.750%5+$2,343
11$5,9196.375%1+$2,376

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.