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The Genoa Banking Company closing costs and rates (2024)

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In 2024, The Genoa Banking Company originated 210 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $4,233. That is $2,508 below the national median of $6,741. The Genoa Banking Company is most active in Ohio with 203 originations there.

Purchase Originations

210

Median Total Costs

$4,233

−37.2% vs national ($6,741)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$1,425

Median Lender Credits

$95

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional2106.500%$4,233$1,425

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Ohio2036.500%$4,234#93
Michigan67.000%$3,953
Florida17.500%$4,509

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,1076.250%1−$1,126
2$3,4046.125%3−$829
3$3,7166.500%1−$517
4$3,7496.250%3−$484
5$3,9127.000%1−$321
6$4,0026.250%1−$231
7$4,0186.562%52−$215
8$4,1657.125%4−$68
9$4,2306.500%3−$3
10$4,2326.500%1−$1
11$4,2436.312%14+$10
12$4,3266.375%70+$93
13$4,3886.500%51+$155
14$4,5097.500%1+$276
15$4,8706.875%2+$637
16$5,0086.625%1+$775
17$9,1147.500%1+$4,881

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.