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Unity Bank closing costs and rates (2024)

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In 2024, Unity Bank originated 182 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $5,564. That is $1,177 below the national median of $6,741. Unity Bank is most active in New Jersey with 155 originations there.

Purchase Originations

182

Median Total Costs

$5,564

−17.5% vs national ($6,741)

Median Rate

6.875%

+3.9% vs national (6.620%)

Median Origination

$955

Median Lender Credits

$955

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1676.990%$5,473$955

Active states

StateVolumeMedian RateMedian Total CostsState Rank
New Jersey1556.875%$5,617#84
Pennsylvania176.500%$4,434
New York47.188%$13,359
Florida37.000%$4,213
Colorado16.875%$2,905
Maryland16.375%$7,473
South Carolina16.625%$3,187

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$2,9056.875%1−$2,659
2$4,0787.000%9−$1,486
3$4,2136.625%1−$1,351
4$4,3446.500%3−$1,220
5$4,5296.625%5−$1,035
6$4,7436.938%8−$821
7$4,9437.000%11−$621
8$4,9866.875%11−$578
9$5,0047.125%8−$560
10$5,2477.188%4−$317
11$5,2896.625%11−$275
12$5,2906.750%7−$274
13$5,2927.188%2−$272
14$5,5427.125%5−$22
15$5,7906.875%48+$226
16$6,0867.000%21+$522
17$7,0906.562%12+$1,526
18$7,4736.375%1+$1,909
19$9,1907.625%7+$3,626
20$14,3608.000%1+$8,796

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.