TOMO MORTGAGE, LLC closing costs and rates (2024)
In 2024, TOMO MORTGAGE, LLC originated 680 purchase mortgages at a median interest rate of 6.49% and median total closing costs of $4,402. That ranks #520 nationally by origination volume. For total closing costs among lenders with 500+ originations, TOMO MORTGAGE, LLC ranks #151. That is $2,339 below the national median of $6,741. TOMO MORTGAGE, LLC is most active in Texas with 118 originations there.
Purchase Originations
680
Ranked #520 nationally
Median Total Costs
$4,402
−34.7% vs national ($6,741)
Median Rate
6.490%
−2.0% vs national (6.620%)
Median Origination
$248
Median Lender Credits
$250
Cost Rank (500+ vol.)
#151
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 624 | 6.500% | $4,266 | $211 |
| fha | 36 | 6.250% | $9,523 | $752 |
| va | 20 | 6.125% | $7,495 | $0 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 118 | 6.500% | $5,265 | #252 |
| Florida | 58 | 6.500% | $4,288 | #305 |
| California | 55 | 6.490% | $5,970 | #256 |
| North Carolina | 51 | 6.490% | $3,593 | #192 |
| Connecticut | 45 | 6.625% | $4,406 | — |
| New Jersey | 40 | 6.250% | $5,579 | — |
| Georgia | 32 | 6.438% | $3,818 | — |
| Virginia | 28 | 6.375% | $3,672 | — |
| Tennessee | 23 | 6.625% | $3,347 | — |
| Washington | 23 | 6.375% | $4,184 | — |
| Colorado | 22 | 6.495% | $2,505 | — |
| Michigan | 19 | 6.490% | $2,691 | — |
| South Carolina | 19 | 6.490% | $3,446 | — |
| Illinois | 18 | 6.625% | $5,460 | — |
| Pennsylvania | 18 | 6.625% | $4,396 | — |
| Maryland | 17 | 6.125% | $3,931 | — |
| Ohio | 12 | 6.495% | $3,333 | — |
| Oregon | 12 | 6.558% | $4,046 | — |
| Arizona | 10 | 6.433% | $5,276 | — |
| Wisconsin | 10 | 6.438% | $3,940 | — |
| Minnesota | 9 | 6.375% | $2,851 | — |
| Alabama | 8 | 5.938% | $7,437 | — |
| Arkansas | 8 | 6.250% | $2,665 | — |
| Idaho | 7 | 6.125% | $4,325 | — |
| District of Columbia | 5 | 6.375% | $4,254 | — |
| Kentucky | 4 | 6.375% | $3,434 | — |
| Louisiana | 4 | 6.500% | $3,822 | — |
| Nebraska | 3 | 6.490% | $2,308 | — |
| Iowa | 2 | 6.500% | $2,411 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,140 | 6.062% | — | 8 | −$1,262 | |
| 2 | $3,313 | 6.375% | — | 14 | −$1,089 | |
| 3 | $3,857 | 6.625% | — | 15 | −$545 | |
| 4 | $4,050 | 6.625% | — | 10 | −$352 | |
| 5 | $4,075 | 6.375% | — | 9 | −$327 | |
| 6 | $4,078 | 6.500% | — | 10 | −$324 | |
| 7 | $4,619 | 6.625% | — | 10 | +$217 | |
| 8 | $4,925 | 6.250% | — | 11 | +$523 | |
| 9 | $5,003 | 6.125% | — | 8 | +$601 | |
| 10 | $5,171 | 6.312% | — | 8 | +$769 | |
| 11 | $5,207 | 6.562% | — | 8 | +$805 | |
| 12 | $5,264 | 6.625% | — | 33 | +$862 | |
| 13 | $5,528 | 6.625% | — | 11 | +$1,126 | |
| 14 | $5,580 | 6.375% | — | 7 | +$1,178 | |
| 15 | $5,777 | 6.124% | — | 11 | +$1,375 | |
| 16 | $5,865 | 6.375% | — | 8 | +$1,463 | |
| 17 | $5,952 | 6.125% | — | 8 | +$1,550 | |
| 18 | $6,431 | 6.438% | — | 8 | +$2,029 | |
| 19 | $6,465 | 6.562% | — | 8 | +$2,063 | |
| 20 | $7,247 | 6.500% | — | 11 | +$2,845 |
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.