Lowest closing cost mortgage lenders in Schenectady County County, New York
In Schenectady County, New York, homebuyers paid a median of $4,594 in closing costs in 2024 — below the New York median of $6,440. The county saw 1,219 purchase mortgages at a median rate of 6.50%. Among lenders with 10+ originations, Community Bank, National Association offered the lowest median costs at $338, which is $3,786 less than the county median.
Homebuyers in Schenectady County County who chose Community Bank, National Association paid $4,256 less in closing costs than the county median.
County Median Costs
$4,594
−28.7% vs New York ($6,440)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,465
Purchase Originations
1,219
vs New York Median
28.7% below
$-1,846
vs National Median
31.9% below
$-2,147
Lender rankings in Schenectady County County
17 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $338 | 7.500% | $0 | 12 | −$3,786 | |
| 2 | $3,066 | 6.500% | $595 | 14 | −$1,057 | |
| 3 | $3,217 | 6.625% | $919 | 14 | −$906 | |
| 4 | $3,270 | 6.500% | $1,694 | 66 | −$853 | |
| 5 | $3,796 | 6.125% | $1,105 | 223 | −$327 | |
| 6 | $3,799 | 6.375% | $1,643 | 41 | −$324 | |
| 7 | $3,966 | 6.500% | $995 | 195 | −$157 | |
| 8 | $3,986 | 6.375% | $1,295 | 31 | −$137 | |
| 9 | $4,658 | 6.688% | $1,584 | 24 | +$535 | |
| 10 | $5,106 | 6.625% | $1,648 | 16 | +$983 | |
| 11 | $5,470 | 7.188% | $2,526 | 10 | +$1,347 | |
| 12 | $5,874 | 6.990% | $3,346 | 18 | +$1,751 | |
| 13 | $6,113 | 6.625% | $3,327 | 19 | +$1,990 | |
| 14 | $7,381 | 6.500% | $4,958 | 86 | +$3,258 | |
| 15 | $7,930 | 6.625% | $4,748 | 11 | +$3,807 |
Includes lenders with 10+ purchase originations in Schenectady 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.