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The First National Bank of Middle Tennessee closing costs and rates (2024)

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In 2024, The First National Bank of Middle Tennessee originated 328 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $7,693. That is $952 above the national median of $6,741. The First National Bank of Middle Tennessee is most active in Tennessee with 324 originations there.

Purchase Originations

328

Median Total Costs

$7,693

+14.1% vs national ($6,741)

Median Rate

6.375%

−3.7% vs national (6.620%)

Median Origination

$2,180

Median Lender Credits

$86

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1516.625%$4,964$2,075
fha1296.250%$10,781$2,937
va306.250%$5,756$1,237

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Tennessee3246.375%$7,693#50
Alabama16.875%$5,456
Georgia17.250%$9,924
Kentucky15.625%$12,758
South Carolina17.650%$2,779

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$4,4445.875%3−$3,249
2$4,6707.000%14−$3,023
3$5,1686.125%5−$2,525
4$5,3866.375%4−$2,307
5$6,0536.438%12−$1,640
6$6,1446.562%8−$1,549
7$6,5216.375%7−$1,172
8$6,8926.625%30−$801
9$7,1806.500%6−$513
10$7,3816.250%13−$312
11$7,7826.375%50+$89
12$7,7976.375%5+$104
13$7,8956.500%9+$202
14$7,9696.250%6+$276
15$8,5886.062%4+$895
16$8,7046.250%75+$1,011
17$9,1546.250%7+$1,461
18$9,3736.250%21+$1,680
19$9,4076.500%3+$1,714
20$9,5836.375%8+$1,890

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.