Think Mutual Bank closing costs and rates (2024)
In 2024, Think Mutual Bank originated 297 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $4,398. That is $2,343 below the national median of $6,741. Think Mutual Bank is most active in Minnesota with 277 originations there.
Purchase Originations
297
Median Total Costs
$4,398
−34.8% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,800
Median Lender Credits
$82
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 297 | 6.500% | $4,398 | $1,800 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,087 | 5.750% | — | 1 | −$1,311 | |
| 2 | $3,354 | 6.982% | — | 2 | −$1,044 | |
| 3 | $3,702 | 6.500% | — | 3 | −$696 | |
| 4 | $3,906 | 6.625% | — | 16 | −$492 | |
| 5 | $4,236 | 6.500% | — | 2 | −$162 | |
| 6 | $4,297 | 6.375% | — | 171 | −$101 | |
| 7 | $4,401 | 6.562% | — | 4 | +$3 | |
| 8 | $4,430 | 5.750% | — | 1 | +$32 | |
| 9 | $4,633 | 6.375% | — | 2 | +$235 | |
| 10 | $4,735 | 6.250% | — | 5 | +$337 | |
| 11 | $4,762 | 6.500% | — | 2 | +$364 | |
| 12 | $4,806 | 6.750% | — | 7 | +$408 | |
| 13 | $4,919 | 6.750% | — | 1 | +$521 | |
| 14 | $5,113 | 6.812% | — | 8 | +$715 | |
| 15 | $5,235 | 6.375% | — | 17 | +$837 | |
| 16 | $5,249 | 6.375% | — | 15 | +$851 | |
| 17 | $5,892 | 6.812% | — | 2 | +$1,494 | |
| 18 | $6,057 | 6.562% | — | 4 | +$1,659 | |
| 19 | $6,436 | 6.875% | — | 5 | +$2,038 | |
| 20 | $6,589 | 7.062% | — | 2 | +$2,191 |
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.