THE MORTGAGE FIRM, INC. closing costs and rates (2024)
In 2024, THE MORTGAGE FIRM, INC. originated 2,820 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $7,477. That ranks #160 nationally by origination volume. For total closing costs among lenders with 500+ originations, THE MORTGAGE FIRM, INC. ranks #402. That is $736 above the national median of $6,741. THE MORTGAGE FIRM, INC. is most active in Florida with 2,496 originations there.
Purchase Originations
2,820
Ranked #160 nationally
Median Total Costs
$7,477
+10.9% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,581
Median Lender Credits
$148
Cost Rank (500+ vol.)
#402
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,839 | 6.875% | $6,330 | $2,889 |
| fha | 707 | 6.750% | $11,006 | $2,152 |
| va | 252 | 6.688% | $7,137 | $1,745 |
| usda | 22 | 6.490% | $6,864 | $2,010 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 2,496 | 6.750% | $7,734 | #20 |
| Louisiana | 145 | 6.875% | $5,320 | #43 |
| Alabama | 72 | 6.433% | $6,305 | #112 |
| Georgia | 36 | 6.625% | $7,788 | — |
| North Carolina | 19 | 6.875% | $7,670 | — |
| Texas | 12 | 6.870% | $5,806 | — |
| Tennessee | 10 | 7.057% | $7,342 | — |
| Virginia | 5 | 6.750% | $8,045 | — |
| West Virginia | 5 | 6.625% | $6,144 | — |
| Mississippi | 4 | 6.808% | $5,617 | — |
| Kentucky | 2 | 6.808% | $3,985 | — |
| Maryland | 2 | 6.437% | $12,952 | — |
| New Jersey | 2 | 6.937% | $10,975 | — |
| Ohio | 2 | 6.938% | $5,251 | — |
| Pennsylvania | 2 | 6.000% | $4,740 | — |
| South Carolina | 2 | 6.999% | $5,037 | — |
| Arkansas | 1 | 7.490% | $2,957 | — |
| Colorado | 1 | 6.990% | $6,882 | — |
| Indiana | 1 | 6.624% | $3,527 | — |
| Michigan | 1 | 7.625% | $7,799 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,995 | 6.990% | — | 54 | −$2,482 | |
| 2 | $5,782 | 6.875% | — | 47 | −$1,695 | |
| 3 | $6,245 | 6.750% | — | 165 | −$1,232 | |
| 4 | $6,432 | 6.750% | — | 80 | −$1,045 | |
| 5 | $6,741 | 6.990% | — | 89 | −$736 | |
| 6 | $6,819 | 6.990% | — | 85 | −$658 | |
| 7 | $7,611 | 6.875% | — | 127 | +$134 | |
| 8 | $7,826 | 6.750% | — | 499 | +$349 | |
| 9 | $7,837 | 6.625% | — | 42 | +$360 | |
| 10 | $7,878 | 6.750% | — | 127 | +$401 | |
| 11 | $7,956 | 6.750% | — | 134 | +$479 | |
| 12 | $7,964 | 6.625% | — | 163 | +$487 | |
| 13 | $7,965 | 6.750% | — | 82 | +$488 | |
| 14 | $8,121 | 6.750% | — | 104 | +$644 | |
| 15 | $8,410 | 6.750% | — | 193 | +$933 | |
| 16 | $8,590 | 6.990% | — | 123 | +$1,113 | |
| 17 | $9,237 | 6.990% | — | 34 | +$1,760 | |
| 18 | $9,528 | 6.990% | — | 41 | +$2,051 | |
| 19 | $9,764 | 6.750% | — | 51 | +$2,287 | |
| 20 | $10,460 | 6.625% | — | 53 | +$2,983 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.