Traditional Bank, Inc. closing costs and rates (2024)
In 2024, Traditional Bank, Inc. originated 190 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $3,481. That is $3,260 below the national median of $6,741. Traditional Bank, Inc. is most active in Kentucky with 187 originations there.
Purchase Originations
190
Median Total Costs
$3,481
−48.4% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$976
Median Lender Credits
$500
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 144 | 6.750% | $3,108 | $885 |
| fha | 35 | 6.625% | $8,349 | $2,587 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,977 | 7.688% | — | 2 | −$1,504 | |
| 2 | $2,840 | 6.625% | — | 11 | −$641 | |
| 3 | $3,045 | 6.375% | — | 1 | −$436 | |
| 4 | $3,082 | 7.000% | — | 24 | −$399 | |
| 5 | $3,084 | 6.500% | — | 25 | −$397 | |
| 6 | $3,243 | 6.625% | — | 23 | −$238 | |
| 7 | $3,306 | 6.625% | — | 13 | −$175 | |
| 8 | $3,358 | 7.125% | — | 5 | −$123 | |
| 9 | $3,456 | 7.000% | — | 13 | −$25 | |
| 10 | $3,522 | 6.750% | — | 9 | +$41 | |
| 11 | $3,549 | 6.750% | — | 3 | +$68 | |
| 12 | $3,696 | 7.050% | — | 4 | +$215 | |
| 13 | $4,128 | 6.875% | — | 5 | +$647 | |
| 14 | $4,157 | 6.750% | — | 3 | +$676 | |
| 15 | $4,231 | 6.688% | — | 6 | +$750 | |
| 16 | $4,482 | 6.558% | — | 24 | +$1,001 | |
| 17 | $4,730 | 6.750% | — | 6 | +$1,249 | |
| 18 | $4,993 | 7.750% | — | 3 | +$1,512 | |
| 19 | $5,399 | 7.625% | — | 1 | +$1,918 | |
| 20 | $6,826 | 6.625% | — | 1 | +$3,345 |
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.