Towne First Mortgage, LLC closing costs and rates (2024)
In 2024, Towne First Mortgage, LLC originated 304 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $5,778. That is $963 below the national median of $6,741. Towne First Mortgage, LLC is most active in Virginia with 303 originations there.
Purchase Originations
304
Median Total Costs
$5,778
−14.3% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,895
Median Lender Credits
$576
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 224 | 6.875% | $5,183 | $1,895 |
| fha | 44 | 6.500% | $12,919 | $2,229 |
| va | 35 | 6.500% | $10,052 | $1,645 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 303 | 6.750% | $5,780 | #63 |
| North Carolina | 1 | 6.750% | $3,766 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,766 | 6.750% | — | 1 | −$2,012 | |
| 2 | $4,156 | 6.500% | — | 1 | −$1,622 | |
| 3 | $4,939 | 7.000% | — | 24 | −$839 | |
| 4 | $5,302 | 6.875% | — | 91 | −$476 | |
| 5 | $5,377 | 6.625% | — | 2 | −$401 | |
| 6 | $5,419 | 6.688% | — | 2 | −$359 | |
| 7 | $5,464 | 6.875% | — | 8 | −$314 | |
| 8 | $5,867 | 6.688% | — | 8 | +$89 | |
| 9 | $5,870 | 7.000% | — | 20 | +$92 | |
| 10 | $6,079 | 6.625% | — | 29 | +$301 | |
| 11 | $6,129 | 6.625% | — | 5 | +$351 | |
| 12 | $6,448 | 6.625% | — | 46 | +$670 | |
| 13 | $8,275 | 6.125% | — | 1 | +$2,497 | |
| 14 | $8,344 | 6.562% | — | 26 | +$2,566 | |
| 15 | $8,494 | 6.062% | — | 2 | +$2,716 | |
| 16 | $9,569 | 7.375% | — | 4 | +$3,791 | |
| 17 | $9,787 | 6.500% | — | 15 | +$4,009 | |
| 18 | $10,088 | 6.562% | — | 2 | +$4,310 | |
| 19 | $10,358 | 6.625% | — | 2 | +$4,580 | |
| 20 | $13,449 | 6.562% | — | 6 | +$7,671 |
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.