Mortgage lender closing cost rankings in New York (2024)
In New York, homebuyers paid a median of $6,440 in total closing costs on purchase mortgages in 2024, which is below the national median of $6,741. The median interest rate was 6.62% across 91,635 purchase originations. The most active lender was UNITED WHOLESALE MORTGAGE, LLC with 8,166 originations. The lowest-cost lender (with 50+ loans) was Community Bank, National Association at $0.
Median Total Costs
$6,440
−4.5% vs national ($6,741)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$2,012
Purchase Originations
91,635
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 77,380 | 6.625% | $5,962 |
| fha | 10,637 | 6.500% | $13,896 |
| va | 3,386 | 6.490% | $7,068 |
| usda | 232 | 6.624% | $5,970 |
Lowest closing cost lenders in New York
Ranked by median total loan costs among lenders with 50+ purchase originations in New York.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $0 | 7.375% | $0 | 1,794 | −$6,440 | |
| 2 | $0 | 5.750% | $0 | 202 | −$6,440 | |
| 3 | $2,588 | 6.125% | $0 | 61 | −$3,852 | |
| 4 | $2,847 | 6.500% | $123 | 661 | −$3,593 | |
| 5 | $2,867 | 6.500% | $675 | 91 | −$3,573 | |
| 6 | $2,991 | 6.750% | $595 | 107 | −$3,449 | |
| 7 | $3,013 | 6.375% | $745 | 111 | −$3,427 | |
| 8 | $3,127 | 6.500% | $400 | 106 | −$3,313 | |
| 9 | $3,324 | 6.750% | $0 | 126 | −$3,116 | |
| 10 | $3,504 | 6.438% | $790 | 58 | −$2,936 | |
| 11 | $3,512 | 6.500% | $675 | 129 | −$2,928 | |
| 12 | $3,535 | 6.500% | $770 | 404 | −$2,905 | |
| 13 | $3,552 | 6.625% | $995 | 580 | −$2,888 | |
| 14 | $3,680 | 6.500% | $1,050 | 70 | −$2,760 | |
| 15 | $3,706 | 6.375% | $941 | 200 | −$2,734 | |
| 16 | $3,736 | 6.250% | $975 | 367 | −$2,704 | |
| 17 | $3,737 | 6.490% | $1,694 | 439 | −$2,703 | |
| 18 | $3,738 | 6.312% | $870 | 116 | −$2,702 | |
| 19 | $3,743 | 6.500% | $1,100 | 370 | −$2,697 | |
| 20 | $3,771 | 6.625% | $1,995 | 142 | −$2,669 | |
| 21 | $3,806 | 6.875% | $1,954 | 509 | −$2,634 | |
| 22 | $3,823 | 6.500% | $400 | 151 | −$2,617 | |
| 23 | $3,910 | 6.750% | $776 | 90 | −$2,530 | |
| 24 | $3,994 | 6.875% | $921 | 438 | −$2,446 | |
| 25 | $4,002 | 6.125% | $1,129 | 2,416 | −$2,438 |
Includes lenders with 50+ purchase originations in New York. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
Suffolk County
10,357 originations
Nassau County
7,774 originations
Queens County
6,905 originations
Erie County
6,561 originations
Westchester County
5,789 originations
Monroe County
5,463 originations
Kings County
5,417 originations
New York County
4,059 originations
Onondaga County
3,059 originations
Richmond County
2,583 originations
Orange County
2,581 originations
Albany County
1,972 originations
Dutchess County
1,928 originations
Saratoga County
1,830 originations
Rockland County
1,809 originations
Bronx County
1,691 originations
Niagara County
1,509 originations
Oneida County
1,311 originations
Schenectady County
1,219 originations
Rensselaer County
1,202 originations
Broome County
1,086 originations
Ulster County
904 originations
Jefferson County
804 originations
Ontario County
777 originations
Putnam County
702 originations
Wayne County
692 originations
Oswego County
649 originations
Chautauqua County
633 originations
Chemung County
625 originations
Steuben County
566 originations
Tompkins County
466 originations
Washington County
429 originations
Madison County
426 originations
Clinton County
420 originations
Sullivan County
417 originations
Cayuga County
411 originations
Warren County
398 originations
Genesee County
383 originations
Livingston County
383 originations
Fulton County
373 originations
St. Lawrence County
359 originations
Cattaraugus County
354 originations
Columbia County
351 originations
Herkimer County
342 originations
Montgomery County
326 originations
Otsego County
304 originations
Greene County
300 originations
Tioga County
283 originations
Cortland County
258 originations
Orleans County
257 originations
Chenango County
228 originations
Wyoming County
217 originations
Schoharie County
215 originations
Allegany County
206 originations
Essex County
192 originations
Delaware County
166 originations
Seneca County
162 originations
Franklin County
162 originations
Lewis County
144 originations
Yates County
135 originations
See New York closing cost details, fee benchmarks, and county comparisons → New York Closing Costs Guide
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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.