Lowest closing cost mortgage lenders in Eddy County County, New Mexico
In Eddy County, New Mexico, homebuyers paid a median of $7,793 in closing costs in 2024 — above the New Mexico median of $7,095. The county saw 539 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, First American Bank offered the lowest median costs at $2,146, which is $3,390 less than the county median.
Homebuyers in Eddy County County who chose First American Bank paid $5,647 less in closing costs than the county median.
County Median Costs
$7,793
+9.8% vs New Mexico ($7,095)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$3,222
Purchase Originations
539
vs New Mexico Median
9.8% above
$698
vs National Median
15.6% above
$1,052
Lender rankings in Eddy County County
9 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,146 | 6.625% | $500 | 11 | −$3,390 | |
| 2 | $2,813 | 6.513% | $875 | 10 | −$2,723 | |
| 3 | $6,110 | 6.500% | $3,694 | 47 | +$574 | |
| 4 | $6,680 | 9.700% | $4,500 | 13 | +$1,144 | |
| 5 | $7,751 | 6.990% | $4,961 | 17 | +$2,215 |
Includes lenders with 10+ purchase originations in Eddy County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in New Mexico → 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.