Enterprise Bank Of South Carolina Mortgage Rates, Fees & Info
Ehrhardt, SCLEI: 549300VCTY2YYCLCZI32
Tax ID: 57-0159980
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Enterprise Bank Of South Carolina is a smaller bank specializing in Home Purchase and Refi loans. Enterprise Bank Of South Carolina has a high proportion of conventional loans. Their top markets by origination volume include: Charleston, Hilton Head Island, Orangeburg, Augusta, and Columbia among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Enterprise Bank Of South Carolina has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
181Origination Dollar Volume (All Markets)
$34,815,000Top Markets
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 120 | $23,570,000 | $196,417 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 24 | $5,470,000 | $227,917 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 6 | $2,030,000 | $338,333 | $0 | 0.00% |
| Orangeburg, SC (FHA|USDA|VA) | 14 | $1,810,000 | $129,286 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 12 | $1,300,000 | $108,333 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| SUMTER, SC (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 0.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 181 | $34,815,000 | $192,348 | $0 | 0.00% |
For 2022, Enterprise Bank Of South Carolina's most frequently originated type of loan was Conventional, with 181 originations.
Loan Reason
For 2022, Enterprise Bank Of South Carolina's most frequently cited loan purpose was Home Purchase, with 109 originations. The 2nd most popular reason was Refi, with 54 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 181 | $34,815,000 | $192,348 | $0 | 0.00% |
For 2022, Enterprise Bank Of South Carolina's most frequently cited loan duration was Other, with 181 originations.
Loan Sizing
2022 saw Enterprise Bank Of South Carolina place emphasis on $100,000 or less loans with 64 originations, totaling $3,800,000 in origination value.
Applicant Income
Enterprise Bank Of South Carolina lent most frequently to those with incomes in the $50k or less range, with 38 originations. The second most popular income band? $100k-150k, with 33 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 181 | $34,815,000 | $192,348 | $0 | 0.00% |
Enterprise Bank Of South Carolina lent most frequently to those with DTI ratios of Exempt%, with 181 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.50%
Enterprise Bank Of South Carolina has an average approval rate.
Pick Rate
Approvals leading to origination86.19%
Enterprise Bank Of South Carolina has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 181 | $34,815,000 | $192,348 |