WAFD BANK closing costs and rates (2024)
In 2024, WAFD BANK originated 684 purchase mortgages at a median interest rate of 7.00% and median total closing costs of $17,098. That ranks #515 nationally by origination volume. For total closing costs among lenders with 500+ originations, WAFD BANK ranks #634. That is $10,357 above the national median of $6,741. WAFD BANK is most active in Washington with 271 originations there.
Purchase Originations
684
Ranked #515 nationally
Median Total Costs
$17,098
+153.6% vs national ($6,741)
Median Rate
7.000%
+5.7% vs national (6.620%)
Median Origination
$13,139
Median Lender Credits
$42
Cost Rank (500+ vol.)
#634
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 684 | 7.000% | $17,098 | $13,139 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Washington | 271 | 7.125% | $17,821 | #51 |
| Oregon | 100 | 7.000% | $16,008 | #69 |
| Arizona | 88 | 6.875% | $13,523 | #110 |
| California | 59 | 7.000% | $36,724 | #249 |
| Utah | 52 | 7.125% | $21,864 | #84 |
| Idaho | 42 | 6.875% | $11,765 | — |
| Nevada | 42 | 6.875% | $16,282 | — |
| New Mexico | 29 | 6.750% | $7,302 | — |
| Texas | 1 | 6.875% | $6,172 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,689 | 6.750% | — | 24 | −$10,409 | |
| 2 | $10,327 | 6.875% | — | 13 | −$6,771 | |
| 3 | $10,529 | 6.875% | — | 16 | −$6,569 | |
| 4 | $12,287 | 6.750% | — | 9 | −$4,811 | |
| 5 | $12,297 | 6.938% | — | 12 | −$4,801 | |
| 6 | $14,874 | 7.125% | — | 26 | −$2,224 | |
| 7 | $15,322 | 7.375% | — | 15 | −$1,776 | |
| 8 | $16,501 | 6.750% | — | 15 | −$597 | |
| 9 | $16,868 | 6.938% | — | 40 | −$230 | |
| 10 | $17,439 | 7.000% | — | 13 | +$341 | |
| 11 | $18,463 | 6.875% | — | 22 | +$1,365 | |
| 12 | $18,727 | 7.250% | — | 11 | +$1,629 | |
| 13 | $20,791 | 7.125% | — | 40 | +$3,693 | |
| 14 | $22,853 | 7.125% | — | 10 | +$5,755 | |
| 15 | $23,037 | 7.188% | — | 82 | +$5,939 | |
| 16 | $24,394 | 6.875% | — | 36 | +$7,296 | |
| 17 | $28,062 | 7.000% | — | 11 | +$10,964 | |
| 18 | $29,392 | 7.125% | — | 13 | +$12,294 | |
| 19 | $30,238 | 7.250% | — | 8 | +$13,140 | |
| 20 | $38,900 | 7.000% | — | 18 | +$21,802 |
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.