Mortgage lender closing cost rankings in Massachusetts (2024)
In Massachusetts, homebuyers paid a median of $5,459 in total closing costs on purchase mortgages in 2024, which is below the national median of $6,741. The median interest rate was 6.62% across 46,081 purchase originations. The most active lender was GUARANTEED RATE, INC. with 3,020 originations. The lowest-cost lender (with 50+ loans) was PULTE MORTGAGE LLC at $577.
Median Total Costs
$5,459
−19.0% vs national ($6,741)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$1,599
Purchase Originations
46,081
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 38,925 | 6.625% | $5,129 |
| fha | 5,445 | 6.490% | $15,798 |
| va | 1,684 | 6.250% | $7,828 |
| usda | 27 | 6.500% | $9,304 |
Lowest closing cost lenders in Massachusetts
Ranked by median total loan costs among lenders with 50+ purchase originations in Massachusetts.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $577 | 6.625% | $0 | 113 | −$4,882 | |
| 2 | $3,085 | 6.240% | $199 | 51 | −$2,374 | |
| 3 | $3,316 | 6.500% | $0 | 215 | −$2,143 | |
| 4 | $3,372 | 6.125% | $500 | 159 | −$2,087 | |
| 5 | $3,444 | 6.500% | $695 | 241 | −$2,015 | |
| 6 | $3,536 | 6.438% | $600 | 52 | −$1,923 | |
| 7 | $3,536 | 6.500% | $745 | 74 | −$1,923 | |
| 8 | $3,555 | 6.375% | $725 | 52 | −$1,904 | |
| 9 | $3,567 | 6.750% | $595 | 126 | −$1,892 | |
| 10 | $3,572 | 6.125% | $899 | 56 | −$1,887 | |
| 11 | $3,633 | 6.500% | $999 | 67 | −$1,826 | |
| 12 | $3,756 | 6.250% | $500 | 147 | −$1,703 | |
| 13 | $3,776 | 6.625% | $650 | 281 | −$1,683 | |
| 14 | $3,784 | 6.625% | $288 | 128 | −$1,675 | |
| 15 | $3,798 | 6.375% | $699 | 383 | −$1,661 | |
| 16 | $3,808 | 6.125% | $0 | 273 | −$1,651 | |
| 17 | $3,812 | 5.750% | $695 | 159 | −$1,647 | |
| 18 | $3,832 | 6.375% | $900 | 254 | −$1,627 | |
| 19 | $3,839 | 6.625% | $1,090 | 113 | −$1,620 | |
| 20 | $3,840 | 6.490% | $895 | 87 | −$1,619 | |
| 21 | $3,841 | 6.500% | $550 | 123 | −$1,618 | |
| 22 | $3,916 | 6.125% | $650 | 115 | −$1,543 | |
| 23 | $3,965 | 6.500% | $800 | 91 | −$1,494 | |
| 24 | $3,967 | 6.500% | $695 | 147 | −$1,492 | |
| 25 | $4,006 | 6.375% | $250 | 117 | −$1,453 |
Includes lenders with 50+ purchase originations in Massachusetts. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
Middlesex County
10,479 originations
Worcester County
6,642 originations
Essex County
5,269 originations
Norfolk County
4,959 originations
Plymouth County
4,195 originations
Suffolk County
3,799 originations
Bristol County
3,746 originations
Hampden County
3,403 originations
Barnstable County
1,421 originations
Berkshire County
846 originations
Hampshire County
832 originations
Franklin County
389 originations
See Massachusetts closing cost details, fee benchmarks, and county comparisons → Massachusetts Closing Costs Guide
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.