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, Home Improvement, and Home Purchase loans. S. C. Telco has a high proportion of conventional loans. Their top markets by origination volume include: Greenville, Spartanburg, Seneca, Charleston, and Columbia among others. We have data for 23 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 an above average pick rate when compared to similar lenders.
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Originations
598Origination Dollar Volume (All Markets)
$91,730,000Top 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) | 406 | $62,450,000 | $153,818 | $0 | 0.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 100 | $10,980,000 | $109,800 | $0 | 0.00% |
| Seneca, SC (FHA|USDA|VA) | 15 | $6,005,000 | $400,333 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 10 | $3,500,000 | $350,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 30 | $3,410,000 | $113,667 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $585,000 | $195,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $545,000 | $109,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $0 | 0.00% |
| Greenwood, SC (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 0.00% |
| Union, SC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 0.00% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| Newberry, SC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| Shelby, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Gaffney, SC (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 598 | $91,730,000 | $153,395 | $0 | 0.00% |
For 2022, S. C. Telco's most frequently originated type of loan was Conventional, with 598 originations.
Loan Reason
For 2022, S. C. Telco's most frequently cited loan purpose was Cash Out Refi, with 222 originations. The 2nd most popular reason was Home Improvement, with 168 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 598 | $91,730,000 | $153,395 | $0 | 0.00% |
For 2022, S. C. Telco's most frequently cited loan duration was Other, with 598 originations.
Loan Sizing
2022 saw S. C. Telco place emphasis on $100,000 or less loans with 293 originations, totaling $17,515,000 in origination value.
Applicant Income
S. C. Telco lent most frequently to those with incomes in the $150k-250k range, with 133 originations. The second most popular income band? $100k-150k, with 125 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 598 | $91,730,000 | $153,395 | $0 | 0.00% |
S. C. Telco lent most frequently to those with DTI ratios of Exempt%, with 598 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.08%
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 origination94.48%
S. C. Telco has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 598 | $91,730,000 | $153,395 |