Washington Trust Bank closing costs and rates (2024)
In 2024, Washington Trust Bank originated 307 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $5,827. That is $914 below the national median of $6,741. Washington Trust Bank is most active in Washington with 196 originations there.
Purchase Originations
307
Median Total Costs
$5,827
−13.6% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,455
Median Lender Credits
$897
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 276 | 6.750% | $5,437 | $1,250 |
| fha | 22 | 6.688% | $12,689 | $3,353 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Washington | 196 | 6.750% | $5,224 | #72 |
| Oregon | 48 | 6.625% | $8,185 | — |
| Idaho | 42 | 6.812% | $7,387 | — |
| Michigan | 6 | 6.625% | $5,321 | — |
| Arizona | 4 | 6.562% | $9,183 | — |
| Alaska | 2 | 7.312% | $4,125 | — |
| Colorado | 2 | 7.000% | $5,255 | — |
| Nevada | 2 | 6.062% | $13,919 | — |
| California | 1 | 6.875% | $4,254 | — |
| Florida | 1 | 6.750% | $4,097 | — |
| Kentucky | 1 | 6.500% | $3,964 | — |
| North Carolina | 1 | 6.500% | $6,271 | — |
| Texas | 1 | 7.250% | $4,766 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,926 | 6.625% | — | 3 | −$2,901 | |
| 2 | $4,098 | 7.000% | — | 11 | −$1,729 | |
| 3 | $4,690 | 6.750% | — | 113 | −$1,137 | |
| 4 | $5,108 | 7.500% | — | 3 | −$719 | |
| 5 | $5,386 | 7.250% | — | 3 | −$441 | |
| 6 | $5,827 | 6.500% | — | 25 | +$0 | |
| 7 | $5,871 | 6.812% | — | 8 | +$44 | |
| 8 | $6,286 | 6.938% | — | 8 | +$459 | |
| 9 | $6,740 | 6.188% | — | 8 | +$913 | |
| 10 | $6,780 | 6.500% | — | 3 | +$953 | |
| 11 | $7,021 | 6.625% | — | 12 | +$1,194 | |
| 12 | $7,038 | 7.375% | — | 3 | +$1,211 | |
| 13 | $7,224 | 6.625% | — | 21 | +$1,397 | |
| 14 | $7,252 | 6.750% | — | 15 | +$1,425 | |
| 15 | $7,472 | 6.500% | — | 4 | +$1,645 | |
| 16 | $7,954 | 7.000% | — | 4 | +$2,127 | |
| 17 | $9,183 | 6.562% | — | 4 | +$3,356 | |
| 18 | $9,502 | 6.750% | — | 7 | +$3,675 | |
| 19 | $9,949 | 6.750% | — | 5 | +$4,122 | |
| 20 | $15,724 | 6.375% | — | 3 | +$9,897 |
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.