Traditions Bank closing costs and rates (2024)
In 2024, Traditions Bank originated 637 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,146. That ranks #546 nationally by origination volume. For total closing costs among lenders with 500+ originations, Traditions Bank ranks #214. That is $1,595 below the national median of $6,741. Traditions Bank is most active in Pennsylvania with 615 originations there.
Purchase Originations
637
Ranked #546 nationally
Median Total Costs
$5,146
−23.7% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,089
Median Lender Credits
$600
Cost Rank (500+ vol.)
#214
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 515 | 6.625% | $4,678 | $1,203 |
| fha | 98 | 6.250% | $9,093 | $1,089 |
| va | 23 | 6.125% | $8,352 | $1,089 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 615 | 6.500% | $5,096 | #33 |
| Maryland | 11 | 6.625% | $5,581 | — |
| South Carolina | 4 | 6.750% | $5,086 | — |
| Delaware | 2 | 6.500% | $9,825 | — |
| Virginia | 2 | 6.625% | $5,704 | — |
| Florida | 1 | 6.500% | $2,590 | — |
| New York | 1 | 7.750% | $7,230 | — |
| West Virginia | 1 | 6.125% | $16,938 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,590 | 6.500% | — | 1 | −$2,556 | |
| 2 | $3,453 | 6.875% | — | 1 | −$1,693 | |
| 3 | $3,967 | 6.500% | — | 5 | −$1,179 | |
| 4 | $4,856 | 6.562% | — | 14 | −$290 | |
| 5 | $4,966 | 7.250% | — | 1 | −$180 | |
| 6 | $4,976 | 6.500% | — | 479 | −$170 | |
| 7 | $5,016 | 6.625% | — | 1 | −$130 | |
| 8 | $5,292 | 6.562% | — | 42 | +$146 | |
| 9 | $5,331 | 6.500% | — | 1 | +$185 | |
| 10 | $5,566 | 7.000% | — | 2 | +$420 | |
| 11 | $5,581 | 6.250% | — | 1 | +$435 | |
| 12 | $5,791 | 6.688% | — | 40 | +$645 | |
| 13 | $5,831 | 6.000% | — | 1 | +$685 | |
| 14 | $6,094 | 6.625% | — | 5 | +$948 | |
| 15 | $6,112 | 6.625% | — | 23 | +$966 | |
| 16 | $7,013 | 6.875% | — | 1 | +$1,867 | |
| 17 | $8,204 | 6.625% | — | 3 | +$3,058 | |
| 18 | $9,191 | 6.750% | — | 1 | +$4,045 | |
| 19 | $13,969 | 6.625% | — | 1 | +$8,823 | |
| 20 | $14,633 | 6.375% | — | 1 | +$9,487 |
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.