VERITAS FUNDING, LLC closing costs and rates (2024)
In 2024, VERITAS FUNDING, LLC originated 268 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $13,046. That is $6,305 above the national median of $6,741. VERITAS FUNDING, LLC is most active in Utah with 195 originations there.
Purchase Originations
268
Median Total Costs
$13,046
+93.5% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$7,218
Median Lender Credits
$72
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 175 | 6.624% | $9,888 | $6,750 |
| fha | 83 | 6.250% | $17,518 | $7,713 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,606 | 7.125% | — | 2 | −$6,440 | |
| 2 | $6,920 | 6.750% | — | 1 | −$6,126 | |
| 3 | $6,932 | 7.500% | — | 1 | −$6,114 | |
| 4 | $7,215 | 6.875% | — | 1 | −$5,831 | |
| 5 | $7,302 | 7.000% | — | 3 | −$5,744 | |
| 6 | $7,776 | 6.625% | — | 4 | −$5,270 | |
| 7 | $8,352 | 7.240% | — | 2 | −$4,694 | |
| 8 | $8,632 | 6.500% | — | 1 | −$4,414 | |
| 9 | $8,755 | 6.750% | — | 44 | −$4,291 | |
| 10 | $12,006 | 6.625% | — | 3 | −$1,040 | |
| 11 | $12,128 | 6.870% | — | 4 | −$918 | |
| 12 | $12,186 | 6.125% | — | 30 | −$860 | |
| 13 | $13,074 | 6.250% | — | 21 | +$28 | |
| 14 | $13,803 | 6.125% | — | 14 | +$757 | |
| 15 | $14,722 | 6.500% | — | 1 | +$1,676 | |
| 16 | $14,813 | 7.000% | — | 1 | +$1,767 | |
| 17 | $14,885 | 6.500% | — | 66 | +$1,839 | |
| 18 | $14,914 | 6.125% | — | 3 | +$1,868 | |
| 19 | $17,376 | 7.000% | — | 1 | +$4,330 | |
| 20 | $17,955 | 6.490% | — | 53 | +$4,909 |
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.