S. C. Telco Mortgage Rates, Fees & Info
Greenville, SCLEI: 549300XOP6YO0UN0TY92
Tax ID: 57-0310635
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
S. C. Telco is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. S. C. Telco has a high proportion of conventional loans. Their top markets by origination volume include: Greenville, Seneca, Spartanburg, Columbia, and Myrtle Beach among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)S. C. Telco 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
158Origination Dollar Volume (All Markets)
$48,510,000Top 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 |
|---|---|---|---|---|---|
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 106 | $31,840,000 | $300,377 | $0 | 0.00% |
| Seneca, SC (FHA|USDA|VA) | 6 | $4,530,000 | $755,000 | $0 | 0.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 20 | $4,050,000 | $202,500 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 9 | $2,695,000 | $299,444 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $1,915,000 | $383,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| Georgetown, SC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| Shelby, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 158 | $48,510,000 | $307,025 | $0 | 0.00% |
For 2021, S. C. Telco's most frequently originated type of loan was Conventional, with 158 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Cash Out Refi | 71 | $15,805,000 | $222,606 | $0 | 0.00% |
| Home Purchase | 68 | $27,780,000 | $408,529 | $0 | 0.00% |
| Refi | 19 | $4,925,000 | $259,211 | $0 | 0.00% |
For 2021, S. C. Telco's most frequently cited loan purpose was Cash Out Refi, with 71 originations. The 2nd most popular reason was Home Purchase, with 68 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 158 | $48,510,000 | $307,025 | $0 | 0.00% |
For 2021, S. C. Telco's most frequently cited loan duration was Other, with 158 originations.
Loan Sizing
2021 saw S. C. Telco place emphasis on $100k-200k loans with 53 originations, totaling $7,655,000 in origination value.
Applicant Income
S. C. Telco lent most frequently to those with incomes in the $250k+ range, with 34 originations. The second most popular income band? $50k-75k, with 34 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 158 | $48,510,000 | $307,025 | $0 | 0.00% |
S. C. Telco lent most frequently to those with DTI ratios of Exempt%, with 158 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.72%
S. C. Telco has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.61%
S. C. Telco has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 158 | $48,510,000 | $307,025 |