Lowest closing cost mortgage lenders in Somerset County County, Maryland
In Somerset County, Maryland, homebuyers paid a median of $6,856 in closing costs in 2024 — below the Maryland median of $7,916. The county saw 140 purchase mortgages at a median rate of 6.75%. Among lenders with 10+ originations, ROCKET MORTGAGE, LLC offered the lowest median costs at $5,682.
Homebuyers in Somerset County County who chose ROCKET MORTGAGE, LLC paid $1,174 less in closing costs than the county median.
County Median Costs
$6,856
−13.4% vs Maryland ($7,916)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,412
Purchase Originations
140
vs Maryland Median
13.4% below
$-1,060
vs National Median
1.7% above
$115
Lender rankings in Somerset County County
1 lenders with 10+ originations, ranked by median total loan costs.
Fewer than 3 qualifying lenders in this county.
View detailed closing cost breakdowns and user reviews for lenders in Maryland → 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.