New York - Newark - Jersey City Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in New York - Newark - Jersey City averaged 6.2% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.27% and one month ago for the week of 2024-01-18, the average rate was 5.7%.

New York - Newark - Jersey City's average rate one year ago was 6.15%.

For refis of the same type during the week of 2024-02-22, the average rate was 5.3%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
New York - Newark - Jersey City 30 Year Fixed Rate 2024-02-22 6.2%
New York - Newark - Jersey City 30 Year Fixed Rate Refi 2024-02-22 5.3%
New York - Newark - Jersey City 15 Year Fixed Rate 2024-02-22 5.7%
New York - Newark - Jersey City 15 Year Fixed Rate Refi 2024-02-22 4.8%
New York - Newark - Jersey City 30 Year FHA 2024-02-22 -0.47%
New York - Newark - Jersey City 30 Year FHA Refi 2024-02-22 -1.88%
New York - Newark - Jersey City 30 Year USDA 2024-02-22 -0.1%
New York - Newark - Jersey City 30 Year USDA Refi 2024-02-22 0.1%
New York - Newark - Jersey City 30 Year VA 2024-02-22 -0.62%
New York - Newark - Jersey City 30 Year VA Refi 2024-02-22 -2.43%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within New York-Newark-Jersey City, NY-NJ-PA.

New York - Newark - Jersey City Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the New York-Newark-Jersey City, NY-NJ-PA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
JPMorgan Chase Bank 11,720 4.17% $7,087
Wells Fargo Bank 10,080 3.90% $6,677
QUICKEN LOANS, LLC 9,119 4.72% $9,299
UNITED WHOLESALE MORTGAGE, LLC 7,244 5.10% $12,341
LOANDEPOT.COM, LLC 5,694 4.44% $8,363
Citibank 5,086 3.66% $7,766
Bank of America 4,711 3.58% $6,882
CROSSCOUNTRY MORTGAGE, LLC 4,556 4.98% $10,225
First Republic Bank 4,089 3.20% $5,603
Citizens Bank 3,783 3.94% $9,026
TD Bank 3,242 4.02% $7,728
GUARANTEED RATE, INC. 3,127 4.65% $7,470
NJ LENDERS CORP. 2,828 4.66% $6,501
CALIBER HOME LOANS, INC. 2,274 4.58% $9,613
HOME POINT FINANCIAL CORPORATION 1,981 4.32% $11,760
U.S. Bank 1,947 4.14% $7,315
Morgan Stanley Private Bank 1,779 3.52% $7,007
FINANCE OF AMERICA MORTGAGE LLC 1,764 5.00% $14,179
HOMEBRIDGE FINANCIAL SERVICES, INC. 1,675 4.79% $11,550
East West Bank 1,586 4.59% $10,549
Advisors Mortgage Group, L.L.C. 1,533 4.75% $5,906
GUARANTEED RATE AFFINITY, LLC 1,528 4.54% $6,966
Bethpage Federal Credit Union 1,509 4.12% $6,317
NATIONWIDE MORTGAGE BANKERS, INC. 1,492 5.13% $12,555
EMBRACE HOME LOANS, INC. 1,453 4.71% $7,748
Columbia Bank 1,447 3.66% $3,925
CONTOUR MORTGAGE CORPORATION 1,427 5.08% $11,607
CARDINAL FINANCIAL 1,400 4.88% $12,714
Mr. Cooper ( Nationstar Mortgage ) 1,398 4.38% $10,498
FM Home Loans, LLC 1,388 4.73% $10,441
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1,352 4.22% $8,728
ABSOLUTE HOME MORTGAGE CORPORATION 1,293 5.35% $9,127
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1,263 5.00% $9,223
Valley National Bank 1,224 4.07% $5,959
Quontic Bank 1,223 6.55% $17,306
PNC Bank 1,194 4.04% $7,770
Webster Bank 973 4.03% $9,004
Flagstar Bank, FSB 937 4.77% $11,097
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 936 4.88% $9,682
UNITED MORTGAGE CORP 932 5.12% $12,113
BETTER MORTGAGE CORPORATION 917 3.83% $7,891
HSBC BANK USA, NATIONAL ASSOCIATION 805 3.83% $6,872
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 776 5.15% $13,944
NEWREZ LLC 774 4.33% $7,440
M&T Bank 767 4.00% $7,096
UNITED NORTHERN MORTGAGE BANKERS LIMITED 757 4.98% $10,137
Lakeland Bank 696 4.04% $5,716
ARK MORTGAGE, INC. 694 4.96% $16,212
TEACHERS 683 4.25% $4,512
The Federal Savings Bank 668 4.83% $13,572
PENNYMAC LOAN SERVICES, LLC 662 4.74% $10,089
AMERISAVE MORTGAGE CORPORATION 654 4.39% $9,301
Paramount Residential Mortgage Group, Inc. 630 5.05% $9,531
MORTGAGE ACCESS CORP. 620 4.93% $7,074
Northpointe Bank 612 4.93% $9,031
Royal Business Bank 599 4.60% $9,285
Kearny Bank 594 4.21% $5,661
SUMMIT MORTGAGE BANKERS INC. 575 4.59% $11,348
UBS Bank USA 565 3.47% $9,169
BOND STREET MORTGAGE, LLC 529 4.76% $8,229
MOVEMENT MORTGAGE, LLC 526 4.95% $7,843
Ridgewood Savings Bank 516 3.76% $12,858
A&D Mortgage LLC 515 6.81% $22,538
OceanFirst Bank 510 4.14% $6,844
VISIONS 506 3.99% $5,233
CLIFFCO, INC. 492 5.19% $14,015
East Coast Capital Corp. 481 5.03% $12,989
United Nations Federal Credit Union 460 3.43% $5,509
City National Bank 460 3.49% $8,562
ARC HOME LLC 452 4.86% $19,048
Municipal Credit Union 439 4.00% $4,905
PLAZA HOME MORTGAGE, INC. 426 4.91% $13,847
Prosperity Home Mortgage, LLC 415 4.81% $6,980
Unity Bank 408 5.35% $8,026
ENVOY MORTGAGE, LTD 390 4.93% $8,045
AMERICAN FEDERAL MORTGAGE CORPORATION 387 4.43% $4,923
FREEDOM MORTGAGE CORPORATION 382 4.53% $8,330
AFFINITY 368 4.23% $4,499
Nassau Educators Federal Credit Union 344 3.60% $3,714
Equity Prime Mortgage LLC 339 4.88% $7,860
Metro City Bank 337 5.50% $13,777
GuardHill Financial Corp. 335 4.14% $9,702
MLB RESIDENTIAL LENDING, LLC 333 5.01% $11,961
Cathay Bank 329 5.22% $7,145
Investors Bank 324 3.10% $5,563
NAVY FEDERAL CREDIT UNION 321 4.58% $6,710
KeyBank 318 4.08% $7,704
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 308 5.00% $10,280
Amalgamated Bank 298 3.85% $5,553
JET DIRECT FUNDING CORP 288 5.10% $14,024
US MORTGAGE CORPORATION 285 5.12% $12,050
NATIONAL COOPERATIVE BANK, N.A. 276 4.41% $4,460
EAGLE HOME MORTGAGE, LLC 268 5.05% $6,220
Charles Schwab Bank, SSB 263 3.42% $6,431
MILLENIUM HOME MORTGAGE, LLC 257 4.48% $7,302
PENTAGON FEDERAL CREDIT UNION 255 4.04% $7,978
Manasquan Bank 250 4.07% $6,599
Kwik Mortgage Corporation 250 4.67% $6,469
USAlliance Federal Credit Union 249 3.82% $7,523
Santander Bank, N.A. 244 3.18% $5,925
MID-ISLAND MORTGAGE CORP. 240 4.78% $9,874
Luxury Mortgage Corp. 237 4.90% $13,669
The First National Bank of Long Island 236 3.80% $5,335
GREENWAY MORTGAGE FUNDING CORP. 236 4.78% $7,460
RESIDENTIAL HOME FUNDING CORP. 232 4.72% $9,549
NBKC BANK 226 4.28% $6,046
CTBC Bank Corp. (USA) 214 4.31% $10,532
LYNX MORTGAGE BANK LLC 212 4.88% $6,613
PRIMELENDING, A PLAINSCAPITAL COMPANY 211 5.11% $8,690
BROKER SOLUTIONS, INC. 203 4.86% $8,335
PULTE MORTGAGE LLC 203 4.98% $3,808
Peapack-Gladstone Bank 202 3.61% $5,052
UNION HOME MORTGAGE CORP. 197 5.04% $8,948
FIRST ALLIANCE HOME MORTGAGE, LLC 196 5.06% $9,765
CONTINENTAL MORTGAGE BANKERS, INC. 195 4.98% $11,241
Stifel Bank and Trust 195 3.33% $5,902
Plains Commerce Bank 195 4.83% $9,007
Gateway First Bank 191 4.94% $6,339
First Horizon Bank 190 3.98% $17,367
First Home Bank 189 4.61% $8,848
First Savings Bank 187 4.57% $11,795
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 187 5.02% $8,092
GUIDANCE RESIDENTIAL, LLC 186 5.21% $10,304
EMM LOANS LLC 184 5.19% $9,401
PROVIDENT FUNDING ASSOCIATES, L.P. 176 4.89% $6,963
AmeriHome Mortgage Company, LLC 175 4.68% $6,987
WALL STREET MORTGAGE BANKERS, LTD. 173 5.20% $16,006
ALLIED MORTGAGE GROUP, INC. 172 4.98% $11,536
POLISH & SLAVIC FEDERAL CREDIT UNION 171 3.83% $5,283
Popular Bank 168 3.95% $11,381
RELIANCE FIRST CAPITAL, LLC 167 4.84% $13,075
First National Bank of America 164 8.32% $15,162
ASSOCIATED MORTGAGE BANKERS, INC. 161 4.87% $10,988
DRAPER AND KRAMER MORTGAGE CORP. 160 4.81% $5,826
GREENTREE MORTGAGE COMPANY, L.P. 156 5.04% $5,493
PHH Mortgage Corporation 155 4.26% $9,338
Carrington Mortgage Services, LLC 154 4.76% $11,808
Nations Lending Corporation 149 5.08% $9,551
Evolve Bank & Trust 149 4.61% $6,887
Fulton Bank 148 4.59% $6,225
Ally Bank 148 4.24% $7,076
HARTFORD FUNDING, LTD. 147 5.28% $14,128
Ponce Bank 145 5.11% $19,189
BNY Mellon 144 3.36% $7,809
The Huntington National Bank 142 4.56% $6,471
MUTUAL OF OMAHA MORTGAGE, INC. 139 4.93% $8,210
CMG MORTGAGE, INC. 135 4.58% $12,459
MLD MORTGAGE INC. 133 4.54% $6,559
Third Federal Savings and Loan Association of Cleveland 132 3.44% $2,245
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 130 4.96% $9,513
Goldman Sachs Bank USA 127 3.41% $10,541
NVR Mortgage Finance, Inc. 127 4.41% $11,479
Bank of Hope 126 4.38% $7,581
HOMESTEAD FUNDING CORP. 125 4.69% $7,482
ARK-LA-TEX FINANCIAL SERVICES, LLC. 123 5.31% $6,485
DHI MORTGAGE COMPANY, LTD. 121 3.98% $6,353
Republic Bank 112 3.69% $5,874
PANORAMA MORTGAGE GROUP, LLC 112 5.78% $11,400
Provident Bank 112 3.97% $5,244
Truist 110 4.36% $7,851
TBI MORTGAGE COMPANY 108 3.84% $9,941
LAKEVIEW LOAN SERVICING, LLC 108 4.36% $6,138
DIGITAL Federal Credit Union 107 4.10% $5,871
ANGEL OAK MORTGAGE SOLUTIONS LLC 104 6.01% $15,559
FINANCIAL RESOURCES FEDERAL CREDIT UNION 101 3.93% $4,754
TrustCo Bank 101 4.46% $3,750
Raymond James Bank 99 3.29% $8,124
North American Savings Bank, F.S.B. 98 4.35% $6,981
NETWORK CAPITAL FUNDING CORPORATION 96 4.89% $10,431
GENNEXT FUNDING, LLC 96 5.13% $10,728
HOMESIDE FINANCIAL, LLC 95 4.40% $8,538
TOTAL MORTGAGE SERVICES, LLC 91 5.28% $10,922
Discover Bank 89 4.69% $0
INTERSTATE HOME LOAN CENTER, INC. 89 4.56% $10,621
Bogota Savings Bank 89 4.21% $5,496
Firstrust Savings Bank 89 4.73% $11,593
Silicon Valley Bank 88 3.17% $6,961
INLAND BANK & TRUST 85 4.97% $9,575
CHERRY CREEK MORTGAGE, LLC 82 4.51% $858
VAN DYK MORTGAGE CORPORATION 82 4.57% $8,337
First Guaranty Mortgage Corporation 81 4.63% $10,756
Univest Bank and Trust Co. 80 4.52% $8,449
GLENDENNING MORTGAGE CORPORATION 78 5.10% $7,035
People's United Bank 77 2.97% $6,993
HARBORONE MORTGAGE, LLC 74 4.67% $7,152
RESIDENTIAL HOME MORTGAGE CORPORATION 71 4.96% $9,870
PLANET HOME LENDING, LLC 70 5.60% $12,292
Actors Federal Credit Union 70 3.08% $6,310
UIF CORPORATION 70 5.26% $7,694
SUFFOLK 70 4.09% $8,083
SUN WEST MORTGAGE COMPANY, INC. 66 4.66% $11,042
AMERICAN FINANCING CORPORATION 66 4.42% $8,083
BLAIR SERVICES OF AMERICA INC. 66 5.08% $14,445
ROYAL UNITED MORTGAGE LLC 66 5.41% $9,067
N C P D Federal Credit Union 65 4.00% $3,592
NFM, INC. 64 5.17% $9,394
Axos Bank 62 4.63% $21,546
SELF RELIANCE NY Federal Credit Union 61 3.62% $9,798
SUCCESS MORTGAGE PARTNERS, INC. 61 4.93% $9,978
PROPONENT Federal Credit Union 60 3.75% $5,457
AmRes Corporation 57 5.20% $8,711
NP, Inc. 55 5.28% $9,679
Florida Capital Bank 55 4.41% $13,682
EVERETT FINANCIAL, INC. 55 5.65% $3,854
PATRIOT ONE MORTGAGE BANKERS, LLC 54 5.22% $20,613
Summit Mortgage Corporation 53 5.05% $5,713
WILLIAM RAVEIS MORTGAGE, LLC 53 4.82% $6,482
ISLAND 53 4.48% $7,098
HUDSON VALLEY CREDIT UNION 51 4.43% $4,826
PRIMARY RESIDENTIAL MORTGAGE, INC. 51 5.19% $8,375
Hanover Community Bank 50 5.70% $12,701
MICHIGAN MUTUAL, INC. 47 4.24% $8,177
Sierra Pacific Mortgage Company, Inc. 46 4.14% $15,464
Lakeview Community Capital, LLC 45 4.22% $5,533
ADVANCIAL 45 6.18% $7,403
Tompkins Trust Company 45 4.01% $5,273
EQUITY NOW INC. 44 5.11% $13,173
Princeton Mortgage Corporation 44 4.34% $10,876
Ulster Savings Bank 43 3.93% $5,719
Wyndham Capital Mortgage, Inc. 43 4.04% $5,243
FUNDING RESOURCES MORTGAGE CORPORATION 43 5.45% $9,862
NATIONWIDE EQUITIES CORPORATION 42 4.81% $9,756
LYONS MORTGAGE SERVICES, INC. 42 4.52% $8,107
MDE Home Loans, LLC 41 4.65% $8,534
Hometown Lenders, Inc. 41 5.18% $7,185
AMERICAN PACIFIC MORTGAGE CORPORATION 41 5.69% $9,969
BNC National Bank 41 4.54% $6,811
TIDEWATER MORTGAGE SERVICES, INC. 40 4.74% $7,089
MEMBER FIRST MORTGAGE, LLC 40 4.72% $5,290
ATLANTIS MORTGAGE CO., INC. 39 5.22% $5,910
BAYSHORE MORTGAGE FUNDING, LLC 38 4.92% $6,620
LADERA LENDING, INC. 37 4.38% $6,640
TOWNE MORTGAGE COMPANY 36 3.64% $9,936
Century Mortgage Company DBA Century Lending Company 35 5.37% $13,833
First Internet Bank of Indiana 35 3.99% $6,335
FirstBank 35 3.52% $6,008
GARDEN SAVINGS FEDERAL CREDIT UNION 33 4.08% $2,521
BAY EQUITY LLC 33 5.59% $6,234
NEXERA HOLDING LLC 32 7.60% $15,195
Citadel Servicing Corporation 32 6.80% $16,011
SOFI LENDING CORP. 32 3.86% $5,595
Financial Freedom Mortgage, LLC 32 5.13% $8,500
LENDSURE MORTGAGE CORP. 29 6.75% $16,533
AMERICAN INTERNET MORTGAGE, INC. 29 4.40% $8,090
GREATER ALLIANCE 29 4.23% $3,613
Berkshire Bank 29 3.91% $6,978
OCMBC, INC. 29 6.44% $18,265
LENOX FINANCIAL MORTGAGE CORPORATION 28 5.33% $15,443
Strong Home Mortgage, LLC 28 4.12% $5,151
CHURCHILL MORTGAGE CORPORATION 28 5.35% $8,405
Presidential Bank, FSB 27 4.36% $7,417
CREDIT UNION MORTGAGE ASSOCIATION, INC. 27 4.12% $5,421
Bank of England 27 5.43% $13,523
HOMEXPRESS MORTGAGE CORP. 27 7.21% $15,493
TRUMARK FINANCIAL CREDIT UNION 27 4.74% $8,290
MORIA DEVELOPMENT, INC. 27 5.20% $9,866
IMPAC MORTGAGE CORP. 27 5.21% $18,158
1st Colonial Community Bank 27 4.49% $7,820
Farm Credit East, ACA 27 5.12% $11,575
NATION ONE MORTGAGE CORPORATION 26 4.80% $9,150
MY MORTGAGE, INC. 26 5.81% $12,439
T2 FINANCIAL LLC 25 5.17% $11,054
PREMIA MORTGAGE, LLC 25 4.37% $2,239
Magnolia Bank 25 4.94% $10,186
Fifth Third Bank 24 4.72% $11,948
BRIDGEVIEW MORTGAGE CORP. 24 5.49% $14,846
ONY GLO, INC. 24 4.53% $9,034
Greenbox Loans, Inc. 24 8.06% $15,306
Baxter Credit Union 23 4.30% $5,986
GSF Mortgage Corporation 21 4.59% $7,658
ALLIANT CREDIT UNION 21 4.42% $7,841
Mortgage Research Center, LLC 21 4.74% $8,211
Acre Mortgage and Financial Inc 21 5.46% $8,444
Commerce Home Mortgage, Inc. 21 5.75% $17,509
North Jersey Federal Credit Union 21 3.77% $5,228
The Northern Trust Company 21 3.60% $23,562
AMERICAN BANCSHARES MORTGAGE 20 4.36% $8,972
USAA Federal Savings Bank 20 4.99% $7,457
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 20 4.59% $7,146
Meridian Bank Corporation 20 5.17% $9,338
LENDING CAPITAL GROUP Inc 19 5.03% $8,113
Barrington Bank & Trust Company, N.A. 18 4.98% $7,787
The Honesdale National Bank 18 4.65% $6,159
ANGEL OAK HOME LOANS LLC 18 5.45% $7,757
DEEPHAVEN MORTGAGE LLC 18 7.08% $17,996
Arvest Bank 18 4.63% $6,387
SUNMARK FEDERAL CREDIT UNION 17 4.23% $5,795
J. VIRGIL, INC. 17 5.74% $9,889
BMO Harris Bank 17 4.46% $7,570
General Mortgage Capital Corporation 17 5.33% $6,887
RBC Bank, (Georgia) 17 4.67% $5,132
VANDERBILT MORTGAGE AND FINANCE, INC. 16 4.63% $5,722
Toyota Financial Savings Bank 15 3.78% $8,714
Shamrock Home Loans, Inc. 15 4.91% $5,979
NORWICH COMMERCIAL GROUP, INC. 15 5.29% $9,164
American Broadcast Employees Federal Credit Union 15 3.61% $1,801
Leader Bank 15 4.83% $6,595
GUILD MORTGAGE COMPANY 15 5.12% $6,725
SIRVA MORTGAGE, INC. 15 4.59% $1,306
RSI BANK 15 3.02% $4,016
Bank-Fund Staff Federal Credit Union 15 3.40% $5,821
Fairfield County Bank 15 4.01% $6,549
Mortgage World Bankers, Inc. 14 3.51% $17,559
NBT Bank 14 4.47% $5,351
Waterstone Mortgage Corporation 14 5.66% $11,877
Schuyler Savings Bank 14 3.88% $3,448
First Mortgage Solutions, LLC 13 3.51% $5,455
POLICE & FIRE 13 4.15% $4,249
GUARANTY HOME MORTGAGE CORPORATION 13 4.45% $10,725
GENEVA FINANCIAL, LLC 13 4.52% $10,353
City National Bank of Florida 13 3.98% $11,566
Semper Home Loans, Inc. 13 4.94% $10,248
Mortgage Network, Inc. 13 4.08% $11,655
CITY FIRST MORTGAGE SERVICES, L.L.C. 13 5.49% $10,345
PIKE CREEK MORTGAGE SERVICES, INC. 13 5.31% $9,414
Wilmington Savings Fund Society, FSB 13 4.41% $6,121
Mortgage America, Inc. 12 5.41% $5,097
The Central Trust Bank 12 4.83% $5,498
Quik Fund, Inc 12 5.80% $19,789
RESIDENTIAL BANCORP 12 4.94% $6,928
DEPARTMENT OF COMMERCE 12 2.93% $14,362
FIRST TECHNOLOGY 12 4.45% $8,293
Paramount Bank 12 4.73% $8,078
Blue Ridge Bank 11 4.60% $15,980
AMERICA'S CHOICE HOME LOANS LP 11 5.28% $5,887
STANFORD Federal Credit Union 11 4.43% $7,044
Northwest Bank 11 4.40% $7,899
APEX HOME LOANS, INC. 11 4.18% $12,897
Watermark Capital, Inc. 11 3.73% $6,367
MidFirst Bank 11 4.44% $22,020
First-Citizens Bank & Trust Company 11 4.04% $8,244
Huntingdon Valley Bank 10 5.24% $8,492
DEVELOPER'S MORTGAGE COMPANY 10 4.34% $8,799
FRANKLIN MINT 10 3.49% $6,814
STEARNS LENDING, LLC 10 3.09% $11,479
The Union Bank Company 10 4.14% $5,513
CIBC Bank USA 10 4.14% $8,497
LOANPAL, LLC 10 3.91% $9,708
Capitol Federal Savings Bank 10 4.59% $12,132
FBC MORTGAGE, LLC 10 5.15% $9,820
First Federal Bank 10 4.43% $9,348
FEDERATED MORTGAGE CORP. 10 3.91% $4,916
The Camden National Bank 9 3.80% $4,126
ESSA Bank & Trust 9 5.18% $4,668
MID-HUDSON VALLEY 9 4.31% $5,799
PREMIER MORTGAGE RESOURCES, L.L.C. 9 6.10% $10,977
QUORUM FEDERAL CREDIT UNION 9 4.38% $5,235
ATHAS CAPITAL GROUP, INC. 8 7.73% $17,946
NATIONS DIRECT MORTGAGE, LLC 8 5.90% $12,997
KINECTA 8 4.59% $10,124
United Community Bank 8 3.98% $13,345
Premium Mortgage Corporation 8 4.33% $7,165
The Atlantic Federal Credit Union 8 3.36% $2,850
CCFCU FUNDING, LLC 8 4.28% $4,253
Penn Community Bank 7 3.66% $3,857
The Fidelity Deposit and Discount Bank 7 5.45% $4,521
SEFCU SERVICES, LLC 7 3.80% $5,311
UNITED TELETECH FINANCIAL 7 4.64% $10,908
CREDIT UNION OF NEW JERSEY 7 4.34% $3,907
Ocean Financial Federal Credit Union 7 3.73% $6,694
BOKF 7 4.16% $5,749
CANOPY MORTGAGE, LLC 7 3.60% $5,518
AMERICAN FINANCE HOUSE LARIBA 7 5.44% $6,166
OCEANSIDE MORTGAGE COMPANY 7 3.82% $3,551
TOGETHER CREDIT UNION 7 4.24% $7,048
Philadelphia Mortgage Advisors, Inc. 6 5.42% $7,788
First Commonwealth Federal Credit Union 6 4.94% $5,559
NEW FED MORTGAGE, CORP. 6 5.85% $7,587
PINNACLE MORTGAGE, INC. 6 4.58% $6,287
Cf Bank 6 3.39% $4,685
First National Bank of Pennsylvania 6 4.33% $6,849
THRIVENT Federal Credit Union 6 3.67% $4,882
MCLEAN MORTGAGE CORPORATION 6 4.33% $5,382
Union Savings Bank 5 4.03% $20,880
SOVEREIGN LENDING GROUP INCORPORATED 5 4.75% $10,233
Peoples Security Bank and Trust Company 5 3.61% $6,374
ACADEMY MORTGAGE CORPORATION 5 4.03% $6,342
FIRST HOME MORTGAGE CORPORATION 5 4.07% $17,865
UTILITIES EMPLOYEES CREDIT UNION 5 4.58% $4,363
UNIFY FINANCIAL Credit Union 5 4.43% $7,757
Parke Bank 4 4.22% $12,829
STAR ONE CREDIT UNION 4 3.84% $5,192
S&T Bank 4 4.63% $9,235
EagleBank 4 4.84% $5,998
Dollar Bank, Federal Savings Bank 4 2.66% $4,792
HOMESPIRE MORTGAGE CORPORATION 4 5.44% $9,391
Prime Choice Funding Inc. 4 3.65% $6,714
The Loan Store, Inc. 4 5.34% $6,187
Genesee Regional Bank 4 4.66% $11,295
BAC Florida Bank 4 5.44% $23,246
First Standard Financial Corp. 4 3.75% $5,502
AMERICAN HERITAGE FCU 4 5.08% $3,391
AMERICAN ADVISORS GROUP 4 4.53% $8,114
First Merchants Bank 4 3.22% $5,411
KELLER MORTGAGE, LLC 4 5.34% $6,676
JUSTICE Federal Credit Union 4 3.75% $7,088
First Federal Bank of Kansas City 4 3.91% $6,405
First Bank 4 4.88% $6,782
JMAC LENDING, INC. 4 5.19% $14,165
Malvern Bank N.A. 4 5.06% $6,382
FIDELITY DIRECT MORTGAGE, LLC 4 4.40% $12,463
Simmons Bank 4 3.59% $3,755
NMSI, INC. 3 5.17% $8,113
BAYCOAST MORTGAGE COMPANY, LLC 3 5.46% $5,359
First Western Trust Bank 3 3.46% $25,318
Princeton Federal Credit Union 3 4.75% $4,733
NexBank 3 4.41% $6,038
SOUTH JERSEY 3 5.21% $3,907
Aurora Financial, LLC 3 5.00% $4,832
Atlantic Union Bank 3 4.88% $7,978
FEDEX EMPLOYEES CREDIT ASSOCIATION 3 4.25% $8,309
TEG Federal Credit Union 3 4.42% $3,700
REDWOOD RESIDENTIAL ACQUISITION CORPORATION 3 3.67% $26,453
Empower Federal Credit Union 3 4.04% $5,460
SHARONVIEW FEDERAL CREDIT UNION 3 5.04% $6,483
Walden Savings Bank 3 4.38% $3,424
AMERICAN FINANCIAL RESOURCES, INC. 3 4.71% $5,317
ITHINK FINANCIAL Credit Union 3 5.21% $19,531
AMCAP MORTGAGE, LTD. 3 4.71% $12,792
Cornerstone First Mortgage, Inc 3 4.71% $7,439
SWBC MORTGAGE CORPORATION 3 4.75% $1,681
WINGS FINANCIAL 3 4.21% $4,712
OAKTREE FUNDING CORP. 3 7.21% $10,600
Rhinebeck Bank 3 4.71% $3,178
Poli Mortgage Group, Inc. 3 4.42% $4,419
PENNSYLVANIA STATE EMPLOYEES Credit Union 3 5.42% $3,262
FAY SERVICING, LLC 3 5.04% $9,193
Hometown Equity Mortgage, LLC 3 4.63% $10,615
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 3 4.96% $5,182
Northwest Federal Credit Union 3 3.79% $5,665
FIRST ATLANTIC FEDERAL CREDIT UNION 3 5.13% $4,095
BENCHMARK Federal Credit Union 3 3.67% $5,240
DELTA COMMUNITY CREDIT UNION 3 4.08% $8,766
TOWER 3 3.96% $8,997
Brookline Bank 3 5.08% $6,067
Orrstown Bank 3 5.83% $6,518
MID AMERICA MORTGAGE, INC. 2 6.06% $6,974
BEST CAPITAL FUNDING 2 5.06% $14,960
ALLEGACY FEDERAL CREDIT UNION 2 5.00% $10,565
PARAGON HOME LOANS INC. 2 3.63% $9,224
CHEVRON 2 3.75% $9,014
Bank of Whittier 2 5.06% $6,905
DIRECT MORTGAGE LOANS, LLC 2 4.88% $6,525
LAND HOME FINANCIAL SERVICES, INC. 2 3.50% $8,566
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 2 4.38% $6,314
First United Bank and Trust Company 2 6.31% $5,857
Prosperity Bank 2 2.81% $7,766
Colonial Savings, F.A. 2 4.06% $6,601
York Traditions Bank 2 5.31% $3,706
LUFTHANSA EMP. 2 4.03% $6,946
GENISYS 2 3.63% $4,996
Marriott Employees' Federal Credit Union 2 5.31% $6,557
LIBERTY HOME MORTGAGE CORPORATION 2 6.00% $5,895
CENTRAL ONE FEDERAL CREDIT UNION 2 4.56% $3,724
Ameris Bank 2 5.50% $13,915
U S WIDE FINANCIAL LLC 2 3.75% $5,629
OWNERSCHOICE FUNDING, INCORPORATED 2 5.31% $4,488
IVY MORTGAGE, INC. 2 6.06% $4,663
Amerifirst Financial, Inc. 2 6.00% $8,864
Quaint Oak Mortgage, LLC 2 4.69% $8,257
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 2 4.56% $4,862
Victorian Finance, LLC 2 4.18% $10,610
LAFAYETTE FEDERAL CREDIT UNION 2 5.63% $59,060
TRUWEST Credit Union 2 5.81% $8,485
FNCB Bank 2 6.38% $7,816
HAMILTON HOME LOANS, INC. 2 4.49% $11,602
NBH Bank 2 4.88% $13,751
FineMark National Bank & Trust 2 4.25% $5,624
Mid Penn Bank 2 5.19% $16,789
Republic Bank & Trust Company 2 4.56% $6,763
PLUS RELOCATION MORTGAGE, LLC 2 4.18% $4,879
NASA Federal Credit Union 1 3.25% $12,410
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.13% $7,032
MORTGAGE CAPITAL PARTNERS, INC. 1 3.25% $4,232
Mortgage Bank of California 1 8.38% $14,481
Midwest Community Bank 1 5.63% $4,491
NEW DAY FINANCIAL, LLC 1 3.13% $3,049
Midland States Bank 1 4.00% $3,257
Mid-Atlantic Federal Credit Union 1 5.88% $4,943
MERCK SHARP & DOHME FEDERAL CREDIT UNION 1 5.13% $13,884
Merchants Bank of Indiana 1 5.50% $4,978
Northeast Equitable Mortgage, LLC 1 4.38% $12,863
NORTHPOINT MORTGAGE, INC. 1 5.99% $5,793
Northwest Community Bank 1 3.88% $5,153
Logan Finance Corporation 1 8.25% $8,515
LOANLEADERS OF AMERICA, INC. 1 6.13% $13,780
LOANFLIGHT LENDING, LLC 1 4.88% $8,692
Old National Bank 1 4.00% $7,365
Orion Federal Credit Union 1 4.88% $11,557
KEMBA CREDIT UNION, INC. 1 4.75% $4,122
Ixonia Bank 1 4.50% $16,645
PeoplesBank 1 4.50% $9,093
INTOUCH CREDIT UNION 1 6.63% $7,632
Pinnacle Bank 1 5.13% $6,718
INTERCAP LENDING INC. 1 3.13% $6,312
INTELLILOAN, INC. 1 3.25% $10,093
IncredibleBank 1 4.13% $5,345
Home Loan Investment Bank, F.S.B. 1 5.00% $6,833
Heartland Bank 1 4.38% $7,014
HANSCOM 1 4.50% $7,703
PREMIER AMERICA 1 2.63% $3,158
1ST PRIORITY MORTGAGE, INC. 1 5.50% $5,751
GREYLOCK 1 3.50% $6,665
GREENSTATE CREDIT UNION 1 5.00% $24,321
Great Southern Bank 1 4.00% $10,203
Goldwater Bank, N.A. 1 7.63% $6,011
Progress Bank and Trust 1 3.63% $1,450
FREEDOM CREDIT UNION 1 5.00% $8,613
FIRST WORLD MORTGAGE CORPORATION 1 4.38% $9,229
First Western Bank & Trust 1 5.38% $8,134
First State Bank of St. Charles, Missouri 1 3.63% $6,646
First Option Mortgage, LLC 1 4.75% $42,961
First International Bank & Trust 1 5.38% $19,640
Residential Mortgage Solutions, Inc. 1 5.38% $5,719
First Financial Federal Credit Union 1 5.75% $3,561
First Federal Savings and Loan Association of Lakewood 1 3.34% $5,705
RUOFF MORTGAGE COMPANY, INC. 1 6.75% $3,148
Savings Bank of Danbury 1 4.88% $9,046
SCIENT Federal Credit Union 1 3.00% $3,637
SECURITYNATIONAL MORTGAGE COMPANY 1 5.88% $4,299
Figure Lending LLC 1 3.63% $5,148
FEDERATED LENDING CORPORATION 1 4.75% $4,751
Signature Federal Credit Union 1 4.25% $7,540
FBT Mortgage, L.L.C. 1 5.75% $6,496
SOUTH CAROLINA FEDERAL CREDIT UNION 1 4.75% $15,752
SOUTHERN TRUST MORTGAGE, LLC 1 5.88% $6,576
State Department Federal Credit Union 1 3.25% $14,582
State Financial Network, LLC 1 5.63% $3,859
Sterling Bank and Trust, FSB 1 3.13% $7,335
Dover Federal Credit Union 1 4.13% $6,875
DELMAR FINANCIAL COMPANY 1 5.00% $8,772
Customers Bank 1 4.38% $8,575
SUN Federal Credit Union 1 4.00% $5,553
Sunflower Bank 1 5.38% $7,937
Cornerstone National Bank & Trust Company 1 2.88% $2,564
Core Bank 1 4.50% $15,728
Consolidated Federal Credit Union 1 4.88% $11,702
Community Bank 1 4.63% $0
Texana Bank 1 3.50% $10,105
Columbia State Bank 1 5.63% $12,112
CITIZENS EQUITY FIRST 1 5.00% $4,940
CITADEL FEDERAL CREDIT UNION 1 2.25% $6,248
The First National Bank of Middle Tennessee 1 3.38% $6,280
The First National Bank of Ottawa 1 3.25% $4,970
The Freedom Bank of Virginia 1 5.50% $4,512
The Lyons National Bank 1 3.25% $5,707
THE MORTGAGE FIRM, INC. 1 5.50% $12,506
Center City Mortgage and Investments LLC 1 4.38% $6,565
Centennial Bank 1 3.88% $3,262
CALCON MUTUAL MORTGAGE LLC 1 4.88% $15,441
Burke & Herbert Bank & Trust Company 1 3.38% $4,782
Trinity Oaks Mortgage, LLC 1 3.88% $7,082
BLUELEAF LENDING, LLC 1 2.63% $7,197
BHCU 1 4.00% $7,314
UMB Bank 1 4.10% $4,020
BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 3.38% $7,665
BankNewport 1 4.88% $4,268
Austin Capital Bank SSB 1 6.00% $32,445
ATLANTA POSTAL 1 3.88% $6,378
Armed Forces Bank 1 4.38% $4,263
Uwharrie Bank 1 5.38% $3,975
AMERIFIRST FINANCIAL CORPORATION 1 6.63% $7,106
Allied First Bank,sb 1 2.99% $7,116
WesBanco 1 5.25% $7,823
WESCOM CENTRAL CREDIT UNION 1 5.00% $10,483
Westfield Bank, FSB 1 3.75% $7,099
Willamette Valley Bank 1 4.75% $10,823
Mutual Federal Bank 1 5.00% $7,218

New York - Newark - Jersey City Average Closing Costs & Other Stats

New York-Newark-Jersey City, NY-NJ-PA's 568 lenders originated 297,673 loans during 2022. The total origination value was $179,643,095,000, with an average loan value of $603,491.

New York - Newark - Jersey City's average closing costs are $7,667.

The top New York - Newark - Jersey City lender as defined by loan originations is JPMorgan Chase Bank, with 11,720 loans originated. Their average total fees are $7,087, which is $411 higher than the next largest lender, Wells Fargo Bank.

The lowest fee New York - Newark - Jersey City lenders (with over 10 loans originated) are Discover Bank ($0), CHERRY CREEK MORTGAGE, LLC ($858), SIRVA MORTGAGE, INC. ($1,306), American Broadcast Employees Federal Credit Union ($1,801) and PREMIA MORTGAGE, LLC ($2,239).

The lowest rate New York - Newark - Jersey City lenders (with over 10 loans originated) are DEPARTMENT OF COMMERCE (2.93%), People's United Bank (2.97%), RSI BANK (3.02%), Actors Federal Credit Union (3.08%) and STEARNS LENDING, LLC (3.09%).

New York-Newark-Jersey City, NY-NJ-PA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
JPMorgan Chase Bank $22,538,650,000 $13,760,785,000 -38.9% 7.7%
Wells Fargo Bank $18,984,780,000 $11,195,185,000 -41.0% 6.2%
First Republic Bank $5,058,910,000 $6,937,150,000 37.1% 3.9%
Bank of America $9,537,190,000 $6,377,930,000 -33.1% 3.6%
Citibank $8,663,285,000 $6,353,715,000 -26.7% 3.5%
Citizens Bank $6,041,580,000 $5,519,765,000 -8.6% 3.1%
UNITED WHOLESALE MORTGAGE, LLC $8,236,255,000 $5,463,210,000 -33.7% 3.0%
QUICKEN LOANS, LLC $14,960,375,000 $5,253,655,000 -64.9% 2.9%
Flagstar Bank, FSB $1,058,740,000 $4,661,725,000 340.3% 2.6%
TD Bank $5,248,985,000 $4,453,800,000 -15.1% 2.5%
LOANDEPOT.COM, LLC $10,841,745,000 $3,785,885,000 -65.1% 2.1%
Signature Bank $2,585,535,000 $3,381,245,000 30.8% 1.9%
CROSSCOUNTRY MORTGAGE, LLC $5,063,925,000 $3,069,005,000 -39.4% 1.7%
PNC Bank $2,726,885,000 $2,997,065,000 9.9% 1.7%
Valley National Bank $2,635,295,000 $2,779,735,000 5.5% 1.5%
Morgan Stanley Private Bank $2,305,705,000 $2,448,500,000 6.2% 1.4%
GUARANTEED RATE, INC. $3,787,195,000 $1,997,435,000 -47.3% 1.1%
U.S. Bank $2,251,390,000 $1,941,185,000 -13.8% 1.1%
Bethpage Federal Credit Union $2,507,775,000 $1,810,500,000 -27.8% 1.0%
Webster Bank $669,915,000 $1,753,790,000 161.8% 1.0%
NJ LENDERS CORP. $4,737,390,000 $1,550,535,000 -67.3% 0.9%
BNB Bank $711,720,000 $1,494,720,000 110.0% 0.8%