U.S. Bank National Association closing costs and rates (2024)
In 2024, U.S. Bank National Association originated 29,709 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,187. That ranks #14 nationally by origination volume. For total closing costs among lenders with 500+ originations, U.S. Bank National Association ranks #220. That is $1,554 below the national median of $6,741. U.S. Bank National Association is most active in California with 6,338 originations there.
Purchase Originations
29,709
Ranked #14 nationally
Median Total Costs
$5,187
−23.1% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,295
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#220
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 26,906 | 6.500% | $4,999 | $1,295 |
| fha | 1,644 | 6.500% | $8,345 | $1,295 |
| va | 1,063 | 6.125% | $7,513 | $1,295 |
| usda | 96 | 6.500% | $4,761 | $1,425 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 6,338 | 6.375% | $6,808 | #3 |
| Illinois | 1,734 | 6.625% | $5,219 | #13 |
| Texas | 1,429 | 6.375% | $7,061 | #45 |
| Washington | 1,391 | 6.500% | $5,411 | #12 |
| Florida | 1,357 | 6.500% | $6,311 | #35 |
| Ohio | 1,351 | 6.625% | $3,861 | #18 |
| Missouri | 1,291 | 6.625% | $3,237 | #10 |
| Minnesota | 1,274 | 6.625% | $4,119 | #8 |
| Wisconsin | 1,109 | 6.625% | $3,077 | #9 |
| Kentucky | 996 | 6.750% | $3,781 | #5 |
| New York | 821 | 6.375% | $5,690 | #28 |
| New Jersey | 753 | 6.500% | $5,723 | #23 |
| Iowa | 727 | 6.625% | $3,001 | #7 |
| Oregon | 719 | 6.500% | $5,828 | #11 |
| Tennessee | 652 | 6.625% | $5,033 | #25 |
| Colorado | 627 | 6.500% | $3,596 | #22 |
| Arizona | 573 | 6.500% | $5,913 | #34 |
| North Carolina | 542 | 6.500% | $4,243 | #45 |
| Nevada | 510 | 6.375% | $5,864 | #15 |
| Virginia | 484 | 6.625% | $4,478 | #43 |
| Massachusetts | 447 | 6.375% | $4,971 | #25 |
| Nebraska | 418 | 6.625% | $2,839 | #10 |
| Georgia | 379 | 6.500% | $4,616 | #66 |
| Idaho | 321 | 6.500% | $6,086 | #15 |
| Michigan | 298 | 6.625% | $3,545 | #61 |
| Pennsylvania | 295 | 6.500% | $5,884 | #72 |
| Connecticut | 275 | 6.500% | $5,677 | #22 |
| Kansas | 270 | 6.625% | $2,638 | #22 |
| Indiana | 260 | 6.625% | $2,833 | #66 |
| Arkansas | 209 | 6.625% | $3,195 | #36 |
| Maryland | 185 | 6.625% | $5,185 | #70 |
| South Carolina | 176 | 6.500% | $4,676 | #81 |
| Utah | 174 | 6.500% | $5,547 | #38 |
| Montana | 171 | 6.500% | $4,879 | #11 |
| North Dakota | 160 | 6.500% | $3,580 | #12 |
| South Dakota | 156 | 6.500% | $3,565 | #14 |
| Maine | 112 | 6.625% | $3,958 | #25 |
| Alabama | 96 | 6.500% | $3,230 | #91 |
| Oklahoma | 93 | 6.625% | $4,377 | #72 |
| Wyoming | 93 | 6.500% | $4,997 | #14 |
| New Mexico | 89 | 6.625% | $4,462 | #41 |
| West Virginia | 88 | 6.562% | $4,624 | #34 |
| Rhode Island | 87 | 6.625% | $4,327 | #27 |
| Louisiana | 34 | 6.625% | $4,033 | — |
| New Hampshire | 33 | 6.500% | $4,138 | — |
| District of Columbia | 26 | 6.500% | $7,177 | — |
| Mississippi | 24 | 6.625% | $3,990 | — |
| Delaware | 21 | 6.625% | $4,244 | — |
| Hawaii | 18 | 6.500% | $7,802 | — |
| Alaska | 12 | 6.688% | $3,381 | — |
| Vermont | 11 | 6.500% | $4,538 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,807 | 6.990% | — | 277 | −$1,380 | |
| 2 | $3,890 | 6.625% | — | 250 | −$1,297 | |
| 3 | $4,477 | 6.625% | — | 319 | −$710 | |
| 4 | $4,698 | 6.375% | — | 669 | −$489 | |
| 5 | $5,405 | 6.375% | — | 237 | +$218 | |
| 6 | $5,530 | 6.375% | — | 618 | +$343 | |
| 7 | $5,548 | 6.500% | — | 228 | +$361 | |
| 8 | $5,727 | 6.625% | — | 521 | +$540 | |
| 9 | $5,928 | 6.375% | — | 327 | +$741 | |
| 10 | $5,934 | 6.433% | — | 252 | +$747 | |
| 11 | $6,232 | 6.500% | — | 405 | +$1,045 | |
| 12 | $6,747 | 6.375% | — | 218 | +$1,560 | |
| 13 | $6,782 | 6.375% | — | 607 | +$1,595 | |
| 14 | $6,796 | 6.375% | — | 339 | +$1,609 | |
| 15 | $6,949 | 6.500% | — | 236 | +$1,762 | |
| 16 | $7,323 | 6.375% | — | 303 | +$2,136 | |
| 17 | $7,591 | 6.490% | — | 267 | +$2,404 | |
| 18 | $7,713 | 6.375% | — | 647 | +$2,526 | |
| 19 | $7,891 | 6.490% | — | 786 | +$2,704 | |
| 20 | $7,975 | 6.500% | — | 1,089 | +$2,788 |
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.