Lowest closing cost mortgage lenders in Lea County County, New Mexico
In Lea County, New Mexico, homebuyers paid a median of $8,367 in closing costs in 2024 — above the New Mexico median of $7,095. The county saw 545 purchase mortgages at a median rate of 6.75%. Among lenders with 10+ originations, JPMorgan Chase Bank, National Association offered the lowest median costs at $4,375, which is $2,087 less than the county median.
Homebuyers in Lea County County who chose JPMorgan Chase Bank, National Association paid $3,992 less in closing costs than the county median.
County Median Costs
$8,367
+17.9% vs New Mexico ($7,095)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,918
Purchase Originations
545
vs New Mexico Median
17.9% above
$1,272
vs National Median
24.1% above
$1,626
Lender rankings in Lea 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 | $4,375 | 6.812% | $1,480 | 16 | −$2,087 | |
| 2 | $5,533 | 7.125% | $1,480 | 22 | −$929 | |
| 3 | $6,158 | 6.625% | $3,879 | 14 | −$304 | |
| 4 | $6,219 | 6.933% | $3,390 | 26 | −$243 | |
| 5 | $6,963 | 9.150% | $4,500 | 33 | +$501 | |
| 6 | $7,067 | 6.990% | $3,840 | 13 | +$605 | |
| 7 | $7,463 | 6.933% | $3,788 | 20 | +$1,001 |
Includes lenders with 10+ purchase originations in Lea 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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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.