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Trustmark Bank closing costs and rates (2024)

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In 2024, Trustmark Bank originated 4,162 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,798. That ranks #112 nationally by origination volume. For total closing costs among lenders with 500+ originations, Trustmark Bank ranks #269. That is $943 below the national median of $6,741. Trustmark Bank is most active in Mississippi with 1,795 originations there.

Purchase Originations

4,162

Ranked #112 nationally

Median Total Costs

$5,798

−14.0% vs national ($6,741)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$1,512

Median Lender Credits

$2,000

Cost Rank (500+ vol.)

#269

among lenders with 500+ originations

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional2,2066.500%$4,408$1,573
fha1,3866.375%$7,966$1,558
va4516.250%$4,230$1,265
usda1196.000%$6,111$1,422

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Mississippi1,7956.490%$5,945#1
Alabama1,7506.500%$5,055#4
Florida1736.500%$7,008#185
Texas1505.938%$7,798#229
Tennessee1156.500%$6,118#113
South Carolina1066.500%$6,203#114
Georgia416.125%$5,525
Louisiana196.625%$5,762
North Carolina66.250%$4,079
Arkansas56.375%$7,125
Kentucky16.250%$4,933
Missouri16.625%$3,928

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,6746.500%193−$2,124
2$4,2086.500%93−$1,590
3$4,3006.625%136−$1,498
4$4,5496.625%254−$1,249
5$5,0396.625%195−$759
6$5,1366.250%172−$662
7$5,9146.375%92+$116
8$5,9156.540%256+$117
9$5,9716.490%173+$173
10$6,0196.290%121+$221
11$6,2726.250%159+$474
12$6,2776.500%88+$479
13$6,4046.500%89+$606
14$6,6036.500%94+$805
15$6,7296.500%87+$931
16$6,8196.250%107+$1,021
17$7,1806.375%114+$1,382
18$7,3006.250%166+$1,502
19$7,6126.500%111+$1,814
20$7,6605.875%106+$1,862

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.