Lowest closing cost mortgage lenders in Allegany County County, Maryland
In Allegany County, Maryland, homebuyers paid a median of $4,195 in closing costs in 2024 — below the Maryland median of $7,916. The county saw 447 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, MORTGAGE RESEARCH CENTER, LLC offered the lowest median costs at $1,551, which is $2,018 less than the county median.
Homebuyers in Allegany County County who chose MORTGAGE RESEARCH CENTER, LLC paid $2,644 less in closing costs than the county median.
County Median Costs
$4,195
−47.0% vs Maryland ($7,916)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$1,445
Purchase Originations
447
vs Maryland Median
47.0% below
$-3,721
vs National Median
37.8% below
$-2,546
Lender rankings in Allegany County County
5 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,909 | 5.995% | $1,000 | 72 | −$706 | |
| 2 | $3,195 | 6.312% | $950 | 14 | −$420 | |
| 3 | $3,658 | 6.375% | $1,525 | 13 | +$43 | |
| 4 | $4,074 | 6.875% | $2,074 | 31 | +$459 |
Includes lenders with 10+ purchase originations in Allegany County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Maryland → Lender Directory
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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.