WATERMARK CAPITAL, INC. closing costs and rates (2024)
In 2024, WATERMARK CAPITAL, INC. originated 364 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $6,688. That is $53 below the national median of $6,741. WATERMARK CAPITAL, INC. is most active in California with 123 originations there.
Purchase Originations
364
Median Total Costs
$6,688
−0.8% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,499
Median Lender Credits
$1,125
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 311 | 6.624% | $6,324 | $1,499 |
| fha | 33 | 6.125% | $13,237 | $1,499 |
| va | 20 | 6.250% | $9,464 | $1,499 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 123 | 6.625% | $7,225 | #185 |
| Texas | 120 | 6.625% | $7,024 | #250 |
| Maryland | 30 | 6.625% | $6,407 | — |
| Nevada | 11 | 6.375% | $5,245 | — |
| Virginia | 11 | 6.375% | $5,288 | — |
| Arizona | 9 | 6.375% | $6,300 | — |
| Washington | 8 | 6.312% | $4,284 | — |
| Florida | 7 | 6.490% | $6,557 | — |
| Colorado | 6 | 6.688% | $3,716 | — |
| Georgia | 5 | 6.375% | $4,790 | — |
| North Carolina | 5 | 5.875% | $8,884 | — |
| Alabama | 4 | 6.688% | $3,866 | — |
| Oregon | 4 | 6.683% | $8,528 | — |
| Utah | 4 | 6.438% | $3,738 | — |
| District of Columbia | 3 | 6.500% | $6,365 | — |
| New Jersey | 3 | 6.500% | $7,325 | — |
| Idaho | 2 | 6.188% | $3,506 | — |
| Kansas | 2 | 6.250% | $4,226 | — |
| Massachusetts | 2 | 6.433% | $4,433 | — |
| Indiana | 1 | 6.375% | $2,646 | — |
| Michigan | 1 | 6.875% | $3,373 | — |
| Minnesota | 1 | 6.500% | $3,285 | — |
| New Mexico | 1 | 6.250% | $4,488 | — |
| South Carolina | 1 | 6.625% | $3,874 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,697 | 6.250% | — | 5 | −$1,991 | |
| 2 | $4,723 | 6.312% | — | 4 | −$1,965 | |
| 3 | $4,873 | 6.125% | — | 5 | −$1,815 | |
| 4 | $5,478 | 6.375% | — | 7 | −$1,210 | |
| 5 | $5,567 | 6.375% | — | 9 | −$1,121 | |
| 6 | $5,678 | 7.000% | — | 7 | −$1,010 | |
| 7 | $5,738 | 6.812% | — | 6 | −$950 | |
| 8 | $5,947 | 6.875% | — | 5 | −$741 | |
| 9 | $6,214 | 6.875% | — | 5 | −$474 | |
| 10 | $6,245 | 6.688% | — | 8 | −$443 | |
| 11 | $6,542 | 6.312% | — | 8 | −$146 | |
| 12 | $7,160 | 6.500% | — | 9 | +$472 | |
| 13 | $7,164 | 6.624% | — | 6 | +$476 | |
| 14 | $7,204 | 6.688% | — | 6 | +$516 | |
| 15 | $7,324 | 6.625% | — | 15 | +$636 | |
| 16 | $7,458 | 6.750% | — | 26 | +$770 | |
| 17 | $7,630 | 6.500% | — | 33 | +$942 | |
| 18 | $7,823 | 6.750% | — | 35 | +$1,135 | |
| 19 | $8,929 | 6.750% | — | 12 | +$2,241 | |
| 20 | $10,335 | 6.490% | — | 21 | +$3,647 |
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.