Grade A · 0% of disclosures flagged for junk fees
Mortgage Company
Avg Closing Costs
$6,392
median across reports
vs. National Average
90%
above national avg
Avg Origination Charge
$2,191
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| discount_points | $2,559 | $2,425 | 🟡 Average |
| Origination Fee | $2,191 | $1,553 | 🔴 Above Avg |
| lender_credits | $455 | $443 | 🟡 Average |
Got a Loan Estimate from Texas Tech Federal Credit Union? See if your rate and fees are competitive.
Check My Loan Estimate — $19Based on 1,070 homebuyer-submitted Closing Disclosures, Texas Tech Federal Credit Union's median total closing costs are $6,392. This is about 90% above the $3,356 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?
Which fees you can push back on and how to do it.
What Are Junk Fees on a Mortgage?
Spot the charges that pad lender profits.
How to Read Your Closing Disclosure
Page-by-page walkthrough of the 5-page form.
Average Closing Costs by State
Benchmark your costs against the state average.
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Compare Texas Tech Federal Credit Union with another lender
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Aggregates from Texas Tech Federal Credit Union's 2025 HMDA filings — actual closed-loan figures reported to federal regulators, compared against the national median across all lenders.
Purchase Originations
916
Ranked #403 nationally
Median Total Costs
$6,857
+2.6% vs national ($6,680)
Median Rate
6.250%
−3.7% vs national (6.490%)
Median Origination
$1,270
Median Lender Credits
$126
Cost Rank (500+ vol.)
#355
among lenders with 500+ originations
Denial Rate
0.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 524 | 6.375% | $5,253 | $1,270 |
| fha | 338 | 6.000% | $9,646 | $1,270 |
| va | 51 | 6.125% | $6,218 | $1,270 |
| This lender | Texas median | National median | |
|---|---|---|---|
| Total Closing Costs | $6,919 | $8,397 | $6,680 |
| Interest Rate | 6.250% | 6.250% | 6.490% |
| Originations in state | 895 | — | — |
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 | Texas Tech Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $6,857 | $7,127 | −$270 (−3.8%) |
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.
| $3,950 |
| — |
| Florida | 1 | 6.125% | $7,108 | — |
| Illinois | 1 | 6.375% | $7,136 | — |
| Louisiana | 1 | 6.625% | $5,006 | — |
| Massachusetts | 1 | 6.625% | $5,296 | — |
| Missouri | 1 | 6.375% | $3,275 | — |
| North Carolina | 1 | 5.875% | $3,946 | — |
| Nebraska | 1 | 6.750% | $2,734 | — |