Lowest closing cost mortgage lenders in New York County County, New York
In New York County, New York, homebuyers paid a median of $5,645 in closing costs in 2024 — below the New York median of $6,440. The county saw 4,059 purchase mortgages at a median rate of 6.38%. Among lenders with 10+ originations, First-Citizens Bank & Trust Company offered the lowest median costs at $3,016, which is $2,629 less than the county median.
Homebuyers in New York County County who chose First-Citizens Bank & Trust Company paid $2,629 less in closing costs than the county median.
County Median Costs
$5,645
−12.3% vs New York ($6,440)
Median Rate
6.380%
−3.6% vs national (6.620%)
Median Origination
$1,550
Purchase Originations
4,059
vs New York Median
12.3% below
$-795
vs National Median
16.3% below
$-1,096
Lender rankings in New York County County
38 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,016 | 5.875% | $0 | 15 | −$2,629 | |
| 2 | $3,512 | 6.500% | $725 | 30 | −$2,133 | |
| 3 | $3,659 | 5.750% | $825 | 73 | −$1,986 | |
| 4 | $4,045 | 6.625% | $2,282 | 48 | −$1,600 | |
| 5 | $4,197 | 6.750% | $1,400 | 25 | −$1,448 | |
| 6 | $4,206 | 6.250% | $0 | 11 | −$1,439 | |
| 7 | $4,278 | 5.700% | $1,195 | 10 | −$1,368 | |
| 8 | $4,281 | 5.875% | $495 | 16 | −$1,364 | |
| 9 | $4,379 | 6.375% | $1,200 | 26 | −$1,266 | |
| 10 | $4,442 | 6.375% | $1,395 | 11 | −$1,203 | |
| 11 | $4,848 | 6.375% | $1,260 | 22 | −$797 | |
| 12 | $4,854 | 6.125% | $995 | 176 | −$791 | |
| 13 | $4,860 | 6.375% | $950 | 128 | −$785 | |
| 14 | $4,908 | 6.125% | $1,090 | 633 | −$737 | |
| 15 | $4,985 | 5.975% | $800 | 137 | −$660 | |
| 16 | $5,004 | 6.575% | $1,590 | 55 | −$641 | |
| 17 | $5,021 | 6.068% | $1,291 | 147 | −$624 | |
| 18 | $5,152 | 6.625% | $1,640 | 65 | −$493 | |
| 19 | $5,383 | 6.875% | $2,285 | 64 | −$262 | |
| 20 | $5,395 | 6.375% | $2,192 | 11 | −$250 | |
| 21 | $5,553 | 6.625% | $1,716 | 185 | −$92 | |
| 22 | $5,711 | 6.500% | $2,176 | 546 | +$66 | |
| 23 | $5,770 | 6.250% | $995 | 36 | +$125 | |
| 24 | $6,048 | 5.875% | $1,640 | 146 | +$403 | |
| 25 | $6,116 | 6.500% | $3,060 | 93 | +$471 | |
| 26 | $6,128 | 7.625% | $1,080 | 17 | +$483 | |
| 27 | $6,282 | 6.375% | $1,989 | 20 | +$637 | |
| 28 | $6,382 | 6.625% | $1,640 | 64 | +$737 | |
| 29 | $6,391 | 6.625% | $2,869 | 17 | +$746 | |
| 30 | $6,483 | 6.250% | $1,195 | 312 | +$838 | |
| 31 | $6,590 | 6.625% | $1,747 | 27 | +$945 | |
| 32 | $7,119 | 6.125% | $2,760 | 533 | +$1,474 | |
| 33 | $7,275 | 6.812% | $2,991 | 22 | +$1,630 | |
| 34 | $7,341 | 6.995% | $2,330 | 16 | +$1,696 | |
| 35 | $7,442 | 6.625% | $4,356 | 26 | +$1,797 | |
| 36 | $10,041 | 6.875% | $6,569 | 19 | +$4,396 | |
| 37 | $11,904 | 6.625% | $8,685 | 45 | +$6,259 | |
| 38 | $13,801 | 6.438% | $6,634 | 12 | +$8,156 |
Includes lenders with 10+ purchase originations in New York County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in New York → 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.