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The Farmers National Bank of Canfield closing costs and rates (2024)

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In 2024, The Farmers National Bank of Canfield originated 483 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $4,206. That is $2,535 below the national median of $6,741. The Farmers National Bank of Canfield is most active in Ohio with 421 originations there.

Purchase Originations

483

Median Total Costs

$4,206

−37.6% vs national ($6,741)

Median Rate

6.750%

+2.0% vs national (6.620%)

Median Origination

$1,495

Median Lender Credits

$250

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional4556.750%$4,189$1,495

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Ohio4216.750%$4,110#58
Pennsylvania576.875%$4,932#199
Virginia26.500%$5,070
Illinois16.500%$7,855
North Carolina16.625%$4,030
South Carolina17.000%$3,959

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,4717.000%3−$735
2$3,8356.750%9−$371
3$3,9346.750%118−$272
4$3,9966.875%55−$210
5$4,0516.875%9−$155
6$4,0536.625%31−$153
7$4,0656.750%5−$141
8$4,0776.938%4−$129
9$4,1157.062%6−$91
10$4,1306.750%82−$76
11$4,2176.625%7+$11
12$4,3236.750%37+$117
13$4,4036.812%8+$197
14$4,4116.750%17+$205
15$4,4396.875%15+$233
16$4,6077.250%5+$401
17$5,1756.938%6+$969
18$5,7836.812%16+$1,577
19$5,9096.750%13+$1,703
20$6,7726.750%3+$2,566

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.