THE EQUITABLE MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, THE EQUITABLE MORTGAGE CORPORATION originated 529 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $4,330. That ranks #616 nationally by origination volume. For total closing costs among lenders with 500+ originations, THE EQUITABLE MORTGAGE CORPORATION ranks #140. That is $2,411 below the national median of $6,741. THE EQUITABLE MORTGAGE CORPORATION is most active in Ohio with 456 originations there.
Purchase Originations
529
Ranked #616 nationally
Median Total Costs
$4,330
−35.8% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,395
Median Lender Credits
$102
Cost Rank (500+ vol.)
#140
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 443 | 6.625% | $4,198 | $1,395 |
| fha | 58 | 6.500% | $9,696 | $1,395 |
| va | 26 | 6.250% | $6,647 | $1,395 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,698 | 6.375% | — | 11 | −$632 | |
| 2 | $3,729 | 6.500% | — | 20 | −$601 | |
| 3 | $3,746 | 6.625% | — | 5 | −$584 | |
| 4 | $3,932 | 6.500% | — | 13 | −$398 | |
| 5 | $3,988 | 7.000% | — | 5 | −$342 | |
| 6 | $4,010 | 6.375% | — | 6 | −$320 | |
| 7 | $4,059 | 6.625% | — | 7 | −$271 | |
| 8 | $4,141 | 6.625% | — | 16 | −$189 | |
| 9 | $4,294 | 6.562% | — | 212 | −$36 | |
| 10 | $4,339 | 6.750% | — | 6 | +$9 | |
| 11 | $4,375 | 6.125% | — | 5 | +$45 | |
| 12 | $4,385 | 6.500% | — | 59 | +$55 | |
| 13 | $4,445 | 6.625% | — | 7 | +$115 | |
| 14 | $4,732 | 6.500% | — | 15 | +$402 | |
| 15 | $4,752 | 6.500% | — | 19 | +$422 | |
| 16 | $5,185 | 6.750% | — | 5 | +$855 | |
| 17 | $5,226 | 6.500% | — | 5 | +$896 | |
| 18 | $7,487 | 6.688% | — | 4 | +$3,157 | |
| 19 | $7,498 | 6.500% | — | 8 | +$3,168 | |
| 20 | $8,239 | 6.875% | — | 31 | +$3,909 |
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.