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The Park Bank closing costs and rates (2024)

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In 2024, The Park Bank originated 128 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $2,922. That is $3,819 below the national median of $6,741. The Park Bank is most active in Wisconsin with 127 originations there.

Purchase Originations

128

Median Total Costs

$2,922

−56.6% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$500

Median Lender Credits

$875

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1286.625%$2,922$500

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Wisconsin1276.625%$2,920#83
Arizona16.375%$3,677

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$1,2935.875%1−$1,629
2$1,8726.000%1−$1,050
3$1,9066.875%1−$1,016
4$2,0426.438%2−$880
5$2,0526.250%1−$870
6$2,1116.625%3−$811
7$2,4006.250%2−$522
8$2,5476.250%1−$375
9$2,6705.938%2−$252
10$2,9586.625%4+$36
11$3,0066.625%108+$84
12$3,0746.125%1+$152
13$3,6776.375%1+$755

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.