Grade A · 0% of disclosures flagged for junk fees
Mortgage Company · Illinois · NMLS #2611
Avg Closing Costs
$6,354
median across reports
vs. National Average
86%
above national avg
Avg Origination Charge
$3,105
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| discount_points | $3,452 | $2,287 | 🔺 High |
| Title Insurance | $3,174 | $3,111 | 🟡 Average |
| Origination Fee | $3,105 | $1,591 | 🔺 High |
| lender_credits | $1,331 | $450 | 🔺 High |
| Underwriting Fee | $1,171 | $1,473 | 🟢 Below Avg |
| Appraisal | $852 | $1,081 | 🟢 Below Avg |
| Settlement/Closing Fee | $773 | $986 | 🟢 Below Avg |
| Processing Fee | $621 | $790 | 🟢 Below Avg |
| Rate Lock Fee | $370 | $340 | 🟡 Average |
| Title Search | $306 | $392 | 🟢 Below Avg |
| Recording Fee | $271 | $344 | 🟢 Below Avg |
| Document Preparation | $158 | $147 | 🟡 Average |
| Tax Service Fee | $102 | $128 | 🟢 Below Avg |
| Credit Report | $55 | $69 | 🟢 Below Avg |
| Wire Transfer Fee | $54 | $69 | 🟢 Below Avg |
| Courier/Delivery | $46 | $58 | 🟢 Below Avg |
| Flood Certification | $19 | $23 | 🟢 Below Avg |
Got a Loan Estimate from Guaranteed Rate? See if your rate and fees are competitive.
Check My Loan Estimate — $19Based on 54,758 homebuyer-submitted Closing Disclosures, Guaranteed Rate's median total closing costs are $6,354. This is about 86% above the $3,412 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.
Are Closing Costs Negotiable?
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How to Read Your Closing Disclosure
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Average Closing Costs by State
Benchmark your costs against the state average.
Closing Costs in Illinois
State-specific benchmarks for Illinois.
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Compare Guaranteed Rate with another lender
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Aggregates from Guaranteed Rate, Inc.'s 2025 HMDA filings — actual closed-loan figures reported to federal regulators, compared against the national median across all lenders.
Purchase Originations
42,234
Ranked #11 nationally
Median Total Costs
$6,605
−1.1% vs national ($6,680)
Median Rate
6.500%
+0.1% vs national (6.490%)
Median Origination
$1,640
Median Lender Credits
$195
Cost Rank (500+ vol.)
#330
among lenders with 500+ originations
Denial Rate
2.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 30,161 | 6.600% | $6,216 | $1,640 |
| fha | 6,737 | 6.375% | $12,421 | $2,443 |
| va | 5,046 | 6.175% | $5,646 | $0 |
| usda | 290 | 6.138% | $7,044 | $1,640 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 6,373 | 6.625% | $6,635 | #1 |
| California | 2,975 | 6.500% | $8,332 | #14 |
| Massachusetts | 2,829 | 6.500% | $5,848 | #2 |
| New Jersey | 2,750 | 6.500% | $6,437 | #3 |
| Texas | 2,220 | 6.500% | $8,125 | #24 |
| Pennsylvania | 2,093 | 6.525% | $7,256 | #7 |
| Ohio | 1,891 |
| This lender | Illinois median | National median | |
|---|---|---|---|
| Total Closing Costs | $6,635 | $6,250 | $6,680 |
| Interest Rate | 6.625% | 6.620% | 6.490% |
| Originations in state | 6,373 | — | — |
Based on 2025 HMDA data. State and national medians cover all reporting lenders.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Guaranteed Rate, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $375,000 | $335,000 | +$40,000 (+11.9%) |
| Median total closing costs | $6,605 | $7,127 | −$522 (−7.3%) |
Popular Refinance Pages
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This content is for informational purposes only and does not constitute legal, financial, or tax advice. Consult a licensed professional for advice specific to your situation.
| 6.500% |
| $5,308 |
| #13 |
| Florida | 1,865 | 6.500% | $9,085 | #22 |
| North Carolina | 1,397 | 6.490% | $5,530 | #19 |
| Tennessee | 1,266 | 6.250% | $7,373 | #11 |
| Colorado | 1,162 | 6.375% | $5,087 | #9 |
| Washington | 1,106 | 6.500% | $6,851 | #16 |
| Virginia | 1,075 | 6.250% | $6,341 | #19 |
| Minnesota | 1,005 | 6.500% | $5,783 | #11 |
| Michigan | 964 | 6.625% | $4,683 | #18 |
| Indiana | 874 | 6.500% | $4,394 | #18 |
| Georgia | 862 | 6.375% | $8,302 | #26 |
| Wisconsin | 826 | 6.500% | $4,253 | #14 |
| New York | 822 | 6.550% | $6,833 | #27 |
| Arizona | 803 | 6.500% | $6,924 | #24 |
| Oregon | 701 | 6.500% | $7,348 | #10 |
| South Carolina | 645 | 6.550% | $6,025 | #25 |
| Nevada | 550 | 6.600% | $9,843 | #12 |
| Maryland | 491 | 6.375% | $7,068 | #30 |
| Connecticut | 462 | 6.575% | $6,868 | #12 |
| Idaho | 337 | 6.500% | $7,104 | #17 |
| Iowa | 331 | 6.500% | $3,759 | #21 |
| Montana | 299 | 6.475% | $7,471 | #9 |
| Nebraska | 298 | 6.600% | $4,454 | #17 |
| Hawaii | 278 | 6.500% | $8,460 | #7 |
| New Hampshire | 261 | 6.550% | $4,824 | #9 |
| Kentucky | 258 | 6.575% | $5,162 | #42 |
| Missouri | 217 | 6.375% | $4,686 | #52 |
| West Virginia | 217 | 6.625% | $6,108 | #17 |
| Utah | 192 | 6.487% | $7,090 | #38 |
| Oklahoma | 168 | 6.500% | $5,227 | #49 |
| Alabama | 167 | 6.525% | $6,458 | #62 |
| Maine | 143 | 6.500% | $5,368 | #19 |
| Mississippi | 129 | 6.250% | $8,061 | #39 |
| District of Columbia | 119 | 6.500% | $7,582 | #7 |
| Rhode Island | 117 | 6.500% | $5,426 | #20 |
| Kansas | 97 | 6.250% | $4,144 | #67 |
| New Mexico | 93 | 6.550% | $6,641 | #40 |
| South Dakota | 81 | 6.500% | $4,364 | #24 |
| Louisiana | 77 | 6.500% | $6,726 | #65 |
| Alaska | 71 | 6.490% | $7,897 | #18 |
| Delaware | 70 | 6.625% | $6,439 | #34 |
| Arkansas | 69 | 6.575% | $4,801 | #80 |
| Wyoming | 64 | 6.250% | $6,773 | #17 |
| North Dakota | 63 | 6.500% | $7,185 | #24 |
| Vermont | 11 | 6.490% | $5,827 | — |