Seacoast National Bank Mortgage Rates, Fees & InfoStuart, FL
Tax ID: 59-0193820
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewSeacoast National Bank is a smaller bank specializing in Home Improvement and Home Purchase loans. Seacoast National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Miami, Port St. Lucie, Orlando, Tampa, and Deltona among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)
Seacoast National Bank has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Seacoast National Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||6/4/23|
|30 Year Conventional Purchase||6.50%||6/4/23|
|30 Year Conventional Refi||6.39%||6/4/23|
|30 Year Cash-out Refi||6.57%||6/4/23|
|30 Year FHA Purchase||7.23%||6/4/23|
|30 Year FHA Refi||6.27%||6/4/23|
|30 Year VA Purchase||6.40%||6/4/23|
|30 Year VA Refi||6.27%||6/4/23|
|15 Year Conventional Purchase||6.07%||6/4/23|
|15 Year Conventional Refi||6.28%||6/4/23|
|15 Year Cash-out Refi||6.28%||6/4/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
Seacoast National Bank Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Seacoast National Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$657,225,000
Seacoast National Bank - 2022
Seacoast National Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for Seacoast National Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Seacoast National Bank's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.62%.
Relative Fees (Closing Costs)
Seacoast National Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,272.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
|Market||Originations||Total Value||Average Loan||Average Fees||Average Rate|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||703||$173,955,000||$247,447||$7,501||5.39%|
|PORT ST. LUCIE, FL (FHA|USDA|VA)||749||$132,655,000||$177,109||$5,438||5.13%|
|ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA)||684||$127,430,000||$186,301||$6,312||5.57%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||268||$76,620,000||$285,896||$8,449||5.54%|
|DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA)||190||$36,150,000||$190,263||$6,638||5.42%|
|PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA)||126||$25,500,000||$202,381||$6,532||5.60%|
|Sebastian-Vero Beach, FL (FHA|USDA|VA)||156||$22,350,000||$143,269||$4,848||5.24%|
|North Port-Sarasota-Bradenton, FL (FHA|USDA|VA)||73||$19,415,000||$265,959||$8,287||5.36%|
|JACKSONVILLE, FL (FHA|USDA|VA)||56||$9,150,000||$163,393||$4,951||6.19%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||29||$6,765,000||$233,276||$5,955||5.33%|
|NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)||23||$4,655,000||$202,391||$6,941||6.10%|
|HOMOSASSA SPRINGS, FL (FHA|USDA|VA)||10||$4,610,000||$461,000||$5,318||5.33%|
|Okeechobee, FL (FHA|USDA|VA)||27||$2,975,000||$110,185||$5,876||5.83%|
|LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA)||26||$2,930,000||$112,692||$7,289||6.11%|
|Key West, FL (FHA|USDA|VA)||3||$1,885,000||$628,333||$0||5.63%|
|GAINESVILLE, FL (FHA|USDA|VA)||9||$1,885,000||$209,444||$4,405||5.90%|
|CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)||4||$1,610,000||$402,500||$0||6.75%|
|PUNTA GORDA, FL (FHA|USDA|VA)||8||$1,490,000||$186,250||$6,691||4.70%|
|THE VILLAGES, FL (FHA|USDA|VA)||6||$1,340,000||$223,333||$5,584||5.98%|
|OCALA, FL (FHA|USDA|VA)||12||$900,000||$75,000||$4,994||5.77%|
|TALLAHASSEE, FL (FHA|USDA|VA)||5||$785,000||$157,000||$6,697||5.35%|
|SEBRING-AVON PARK, FL (FHA|USDA|VA)||2||$610,000||$305,000||$6,732||4.50%|
|Clewiston, FL (FHA|USDA|VA)||6||$610,000||$101,667||$4,138||5.75%|
|PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA)||4||$300,000||$75,000||$0||5.25%|
|PANAMA CITY, FL (FHA|USDA|VA)||2||$290,000||$145,000||$0||6.50%|
|Palatka, FL (FHA|USDA|VA)||1||$145,000||$145,000||$0||3.50%|
|Outside of Metro Areas||2||$110,000||$55,000||$0||6.13%|
|Arcadia, FL (FHA|USDA|VA)||1||$105,000||$105,000||$0||4.25%|
We use machine learning to identify the top lenders compared against Seacoast National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 167
Similarity Rank: 1134
Similarity Rank: 1272
Similarity Rank: 1274
Similarity Rank: 1280
Similarity Rank: 1380
Similarity Rank: 1410
Similarity Rank: 1416
Similarity Rank: 1746
Similarity Rank: 2224
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Seacoast National Bank's most frequently originated type of loan was HELOC, with 2,559 originations. Their 2nd most popular type was Conventional, with 601 originations.
For 2022, Seacoast National Bank's most frequently cited loan purpose was Home Improvement, with 1,632 originations. The 2nd most popular reason was Home Purchase, with 784 originations.
For 2022, Seacoast National Bank's most frequently cited loan duration was 15 Year, with 1,486 originations. The 2nd most popular length was 30 Year, with 1,416 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Seacoast National Bank's average total fees were $6,272, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 395 originations.
During 2022, Seacoast National Bank's average interest rate for loans was 5.38%, while their most frequently originated rate bucket for loans was 4-5%, with 806 originations.
2022 saw Seacoast National Bank place emphasis on $100,000 or less loans with 1,247 originations, totaling $74,035,000 in origination value.
Seacoast National Bank lent most frequently to those with incomes in the $150k-250k range, with 788 originations. The second most popular income band? $100k-150k, with 714 originations.
Applicant Debt to Income Ratio
Seacoast National Bank lent most frequently to those with DTI ratios of 20-30%, with 648 originations. The next most common DTI ratio? 30-36%, with 552 originations.
Approval RatesTotal approvals of all applications
Seacoast National Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick RateApprovals leading to origination
Seacoast National Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|