VALLEY MORTGAGE, INC. closing costs and rates (2024)
In 2024, VALLEY MORTGAGE, INC. originated 238 purchase mortgages at a median interest rate of 6.12% and median total closing costs of $4,373. That is $2,368 below the national median of $6,741. VALLEY MORTGAGE, INC. is most active in North Dakota with 174 originations there.
Purchase Originations
238
Median Total Costs
$4,373
−35.1% vs national ($6,741)
Median Rate
6.125%
−7.5% vs national (6.620%)
Median Origination
$1,384
Median Lender Credits
$25
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 173 | 6.350% | $3,572 | $1,615 |
| fha | 47 | 5.990% | $6,926 | $895 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Dakota | 174 | 6.062% | $4,061 | #11 |
| Minnesota | 64 | 6.375% | $5,049 | #109 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $0 | 6.000% | — | 1 | −$4,373 | |
| 2 | $1,604 | 6.500% | — | 1 | −$2,769 | |
| 3 | $1,790 | 6.375% | — | 1 | −$2,583 | |
| 4 | $2,410 | 7.000% | — | 1 | −$1,963 | |
| 5 | $2,692 | 5.875% | — | 3 | −$1,681 | |
| 6 | $3,547 | 6.500% | — | 1 | −$826 | |
| 7 | $3,724 | 5.995% | — | 2 | −$649 | |
| 8 | $3,878 | 6.250% | — | 1 | −$495 | |
| 9 | $4,236 | 6.124% | — | 159 | −$137 | |
| 10 | $4,270 | 6.250% | — | 3 | −$103 | |
| 11 | $4,580 | 6.625% | — | 2 | +$207 | |
| 12 | $4,722 | 6.375% | — | 46 | +$349 | |
| 13 | $4,851 | 6.490% | — | 1 | +$478 | |
| 14 | $5,083 | 6.250% | — | 1 | +$710 | |
| 15 | $5,305 | 6.562% | — | 2 | +$932 | |
| 16 | $5,344 | 6.188% | — | 2 | +$971 | |
| 17 | $5,641 | 6.750% | — | 2 | +$1,268 | |
| 18 | $5,854 | 6.990% | — | 1 | +$1,481 | |
| 19 | $6,103 | 6.625% | — | 1 | +$1,730 | |
| 20 | $8,563 | 6.250% | — | 3 | +$4,190 |
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.