Lowest closing cost mortgage lenders in Suffolk County County, Massachusetts
In Suffolk County, Massachusetts, homebuyers paid a median of $5,376 in closing costs in 2024 — near the Massachusetts median of $5,459. The county saw 3,799 purchase mortgages at a median rate of 6.50%. Among lenders with 10+ originations, GUARANTEED RATE, INC. offered the lowest median costs at $1,206, which is $4,711 less than the county median.
Homebuyers in Suffolk County County who chose GUARANTEED RATE, INC. paid $4,170 less in closing costs than the county median.
County Median Costs
$5,376
−1.5% vs Massachusetts ($5,459)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,576
Purchase Originations
3,799
vs Massachusetts Median
1.5% below
$-83
vs National Median
20.3% below
$-1,365
Lender rankings in Suffolk County County
56 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,355 | 6.125% | $288 | 10 | −$1,892 | |
| 2 | $3,366 | 6.750% | $595 | 34 | −$1,881 | |
| 3 | $3,633 | 5.625% | $700 | 11 | −$1,614 | |
| 4 | $3,735 | 6.125% | $699 | 27 | −$1,512 | |
| 5 | $3,765 | 6.250% | $500 | 12 | −$1,482 | |
| 6 | $3,797 | 5.750% | $0 | 16 | −$1,450 | |
| 7 | $4,050 | 6.500% | $695 | 38 | −$1,197 | |
| 8 | $4,184 | 5.990% | $900 | 12 | −$1,063 | |
| 9 | $4,215 | 7.375% | $1,080 | 12 | −$1,032 | |
| 10 | $4,234 | 6.624% | $1,195 | 16 | −$1,014 | |
| 11 | $4,264 | 6.000% | $1,345 | 83 | −$983 | |
| 12 | $4,333 | 6.250% | $995 | 159 | −$914 | |
| 13 | $4,506 | 7.125% | $1,528 | 18 | −$741 | |
| 14 | $4,579 | 5.500% | $0 | 22 | −$668 | |
| 15 | $4,592 | 6.875% | $1,499 | 36 | −$654 | |
| 16 | $4,741 | 6.625% | $950 | 41 | −$506 | |
| 17 | $4,742 | 6.500% | $1,450 | 42 | −$505 | |
| 18 | $4,770 | 6.500% | $1,399 | 125 | −$477 | |
| 19 | $4,800 | 6.490% | $1,399 | 393 | −$447 | |
| 20 | $4,837 | 6.375% | $2,284 | 11 | −$410 | |
| 21 | $4,968 | 6.990% | $1,590 | 13 | −$279 | |
| 22 | $5,066 | 6.625% | $1,290 | 10 | −$181 | |
| 23 | $5,113 | 6.500% | $1,395 | 22 | −$134 | |
| 24 | $5,166 | 6.500% | $1,300 | 55 | −$80 | |
| 25 | $5,182 | 6.625% | $1,583 | 84 | −$65 | |
| 26 | $5,230 | 6.625% | $1,590 | 103 | −$17 | |
| 27 | $5,278 | 6.000% | $1,160 | 125 | +$31 | |
| 28 | $5,285 | 6.490% | $995 | 18 | +$38 | |
| 29 | $5,305 | 6.625% | $1,640 | 269 | +$58 | |
| 30 | $5,372 | 6.500% | $1,933 | 74 | +$125 | |
| 31 | $5,483 | 6.100% | $815 | 26 | +$236 | |
| 32 | $5,516 | 6.862% | $1,640 | 60 | +$269 | |
| 33 | $5,623 | 6.875% | $1,599 | 31 | +$376 | |
| 34 | $5,651 | 6.625% | $2,504 | 61 | +$404 | |
| 35 | $5,711 | 6.375% | $1,029 | 39 | +$464 | |
| 36 | $5,717 | 6.812% | $1,790 | 10 | +$470 | |
| 37 | $5,786 | 6.875% | $1,690 | 250 | +$539 | |
| 38 | $6,077 | 6.750% | $1,770 | 53 | +$830 | |
| 39 | $6,093 | 6.625% | $3,477 | 92 | +$846 | |
| 40 | $6,227 | 6.000% | $500 | 21 | +$980 | |
| 41 | $6,355 | 6.562% | $1,557 | 12 | +$1,108 | |
| 42 | $6,424 | 6.125% | $1,599 | 58 | +$1,177 | |
| 43 | $6,461 | 6.625% | $2,941 | 108 | +$1,214 | |
| 44 | $6,477 | 6.125% | $1,940 | 77 | +$1,230 | |
| 45 | $6,653 | 6.875% | $2,667 | 21 | +$1,406 | |
| 46 | $6,728 | 6.490% | $3,457 | 23 | +$1,481 | |
| 47 | $6,818 | 6.933% | $3,620 | 10 | +$1,571 | |
| 48 | $7,316 | 7.625% | $2,326 | 26 | +$2,069 | |
| 49 | $7,542 | 6.000% | $995 | 10 | +$2,296 | |
| 50 | $7,671 | 6.990% | $4,476 | 11 | +$2,424 | |
| 51 | $7,735 | 6.965% | $4,016 | 98 | +$2,488 | |
| 52 | $7,839 | 6.625% | $2,343 | 14 | +$2,592 | |
| 53 | $7,872 | 6.688% | $5,234 | 10 | +$2,625 | |
| 54 | $9,139 | 6.250% | $1,195 | 52 | +$3,892 | |
| 55 | $9,233 | 6.812% | $6,006 | 10 | +$3,986 | |
| 56 | $12,775 | 7.000% | $8,973 | 11 | +$7,528 |
Includes lenders with 10+ purchase originations in Suffolk County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Massachusetts → Lender Directory
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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.