TrustCo Bank closing costs and rates (2024)
In 2024, TrustCo Bank originated 733 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $4,235. That ranks #490 nationally by origination volume. For total closing costs among lenders with 500+ originations, TrustCo Bank ranks #131. That is $2,506 below the national median of $6,741. TrustCo Bank is most active in New York with 439 originations there.
Purchase Originations
733
Ranked #490 nationally
Median Total Costs
$4,235
−37.2% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$1,694
Median Lender Credits
$978
Cost Rank (500+ vol.)
#131
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 733 | 6.375% | $4,235 | $1,694 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 439 | 6.490% | $3,737 | #51 |
| Florida | 282 | 6.375% | $5,338 | #136 |
| New Jersey | 10 | 6.500% | $5,348 | — |
| Vermont | 2 | 6.438% | $2,914 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,236 | 6.433% | — | 14 | −$999 | |
| 2 | $3,270 | 6.500% | — | 66 | −$965 | |
| 3 | $3,331 | 6.500% | — | 41 | −$904 | |
| 4 | $3,396 | 6.625% | — | 12 | −$839 | |
| 5 | $3,492 | 6.375% | — | 87 | −$743 | |
| 6 | $4,238 | 6.490% | — | 120 | +$3 | |
| 7 | $4,255 | 6.438% | — | 14 | +$20 | |
| 8 | $4,296 | 6.375% | — | 15 | +$61 | |
| 9 | $4,345 | 6.312% | — | 20 | +$110 | |
| 10 | $4,615 | 6.625% | — | 18 | +$380 | |
| 11 | $4,817 | 6.375% | — | 18 | +$582 | |
| 12 | $5,001 | 6.312% | — | 26 | +$766 | |
| 13 | $5,024 | 6.125% | — | 37 | +$789 | |
| 14 | $5,149 | 6.500% | — | 24 | +$914 | |
| 15 | $5,259 | 6.375% | — | 9 | +$1,024 | |
| 16 | $5,365 | 5.938% | — | 10 | +$1,130 | |
| 17 | $5,406 | 6.125% | — | 21 | +$1,171 | |
| 18 | $5,526 | 6.375% | — | 33 | +$1,291 | |
| 19 | $6,372 | 6.433% | — | 16 | +$2,137 | |
| 20 | $6,640 | 6.250% | — | 48 | +$2,405 |
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.