FLORENCE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Florence averaged
6.52%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.83% and
one month ago for the week of 2024-10-10, the
average rate was 6.26%.
Florence's average rate one year ago was 7.64%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.18%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Florence 30 Year Fixed Rate | 2024-11-14 | 6.52% |
| Florence 30 Year Fixed Rate Refi | 2024-11-14 | 7.18% |
| Florence 15 Year Fixed Rate | 2024-11-14 | 5.89% |
| Florence 15 Year Fixed Rate Refi | 2024-11-14 | 5.99% |
| Florence 30 Year FHA | 2024-11-14 | -0.12% |
| Florence 30 Year FHA Refi | 2024-11-14 | -0.1% |
| Florence 30 Year USDA | 2024-11-14 | -0.2% |
| Florence 30 Year USDA Refi | 2024-11-14 | 0% |
| Florence 30 Year VA | 2024-11-14 | -0.14% |
| Florence 30 Year VA Refi | 2024-11-14 | 0.1% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within FLORENCE, SC.
FLORENCE 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 FLORENCE, SC 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.).
FLORENCE Average Closing Costs & Other Stats
FLORENCE, SC's 133 lenders originated 2,714
loans during 2023. The total origination value was $555,640,000, with an average loan value of
$204,731.
FLORENCE's average closing costs are $5,365.
The top FLORENCE lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with
99 loans originated. Their average total fees are
$6,015, which is $252
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee FLORENCE lenders (with over 10 loans originated) are
SAFE FEDERAL CREDIT UNION ($3,285), Wells Fargo Bank ($4,053), First-Citizens Bank & Trust Company ($4,267), First Reliance Bank ($4,321) and South State Bank ($5,139).
The lowest rate FLORENCE lenders (with over 10 loans originated) are
SAFE FEDERAL CREDIT UNION (5.82%), Wells Fargo Bank (6.13%), First-Citizens Bank & Trust Company (6.21%), INSPIRE HOME LOANS INC. (6.22%) and South State Bank (6.37%).
FLORENCE, SC 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| MOVEMENT MORTGAGE, LLC | $38,635,000 | $38,620,000 | 0.0% | 7.0% |
| QUICKEN LOANS, LLC | $51,535,000 | $31,410,000 | -39.1% | 5.7% |
| Carolina Bank & Trust | $24,135,000 | $27,135,000 | 12.4% | 4.9% |
| First Reliance Bank | $27,085,000 | $21,500,000 | -20.6% | 3.9% |
| First Bank | $28,115,000 | $20,965,000 | -25.4% | 3.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $20,540,000 | $20,850,000 | 1.5% | 3.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $8,235,000 | $20,760,000 | 152.1% | 3.7% |
| The Citizens Bank | $17,280,000 | $18,375,000 | 6.3% | 3.3% |
| First-Citizens Bank & Trust Company | $28,735,000 | $17,480,000 | -39.2% | 3.1% |
| FBC MORTGAGE, LLC | $1,495,000 | $14,605,000 | 876.9% | 2.6% |
| Mortgage Research Center, LLC | $17,110,000 | $13,220,000 | -22.7% | 2.4% |
| INSPIRE HOME LOANS INC. | $6,005,000 | $12,760,000 | 112.5% | 2.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $11,835,000 | $10,760,000 | -9.1% | 1.9% |
| South State Bank | $22,525,000 | $9,825,000 | -56.4% | 1.8% |
| Magnolia Bank | $15,560,000 | $9,685,000 | -37.8% | 1.7% |
| CMG MORTGAGE, INC. | $2,330,000 | $9,525,000 | 308.8% | 1.7% |
| GSF Mortgage Corporation | $2,135,000 | $8,385,000 | 292.7% | 1.5% |
| SAFE FEDERAL CREDIT UNION | $8,420,000 | $8,090,000 | -3.9% | 1.5% |
| Truist | $17,165,000 | $7,785,000 | -54.6% | 1.4% |
| GREYSTONE SERVICING COMPANY LLC | $7,675,000 | n/a | 1.4% | |
| 21ST MORTGAGE CORPORATION | $10,930,000 | $7,300,000 | -33.2% | 1.3% |
| WALKER & DUNLOP, LLC | $7,235,000 | n/a | 1.3% | |
| SUMMIT FUNDING, INC. | $9,810,000 | $6,735,000 | -31.3% | 1.2% |
| Wells Fargo Bank | $15,775,000 | $6,415,000 | -59.3% | 1.2% |
| LOANDEPOT.COM, LLC | $10,890,000 | $6,395,000 | -41.3% | 1.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,615,000 | $6,230,000 | -18.2% | 1.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $555,000 | $5,480,000 | 887.4% | 1.0% |
| ArborOne, ACA | $5,010,000 | n/a | 0.9% | |
| Anderson Brothers Bank | $6,210,000 | $4,600,000 | -25.9% | 0.8% |
| GUARANTEED RATE, INC. | $15,745,000 | $4,370,000 | -72.2% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $5,210,000 | $4,345,000 | -16.6% | 0.8% |
| UNION HOME MORTGAGE CORP. | $145,000 | $4,205,000 | 2,800.0% | 0.8% |
| LIMA ONE CAPITAL, LLC | $345,000 | $4,165,000 | 1,107.2% | 0.7% |
| THRIVE MORTGAGE, LLC | $2,265,000 | $4,065,000 | 79.5% | 0.7% |
| GUILD MORTGAGE COMPANY | $8,165,000 | $3,950,000 | -51.6% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,845,000 | $3,820,000 | -34.6% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $6,495,000 | $3,640,000 | -44.0% | 0.7% |
| USAA Federal Savings Bank | $3,130,000 | $3,495,000 | 11.7% | 0.6% |
| RESOURCE FINANCIAL SERVICES, INC. | $2,545,000 | $3,290,000 | 29.3% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $6,725,000 | $3,205,000 | -52.3% | 0.6% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,930,000 | n/a | 0.5% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,250,000 | $2,790,000 | 123.2% | 0.5% |
| Dedicated Community Bank | $2,660,000 | n/a | 0.5% | |
| JPMorgan Chase Bank | $3,720,000 | $2,595,000 | -30.2% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,495,000 | $2,545,000 | 70.2% | 0.5% |
| BANK OF CLARENDON | $2,420,000 | n/a | 0.4% | |
| CARDINAL FINANCIAL | $2,405,000 | $2,250,000 | -6.4% | 0.4% |
| First Palmetto Bank | $855,000 | $2,225,000 | 160.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $2,550,000 | $2,170,000 | -14.9% | 0.4% |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $2,135,000 | $2,030,000 | -4.9% | 0.4% |
| Alcova Mortgage LLC | $825,000 | $1,990,000 | 141.2% | 0.4% |
| STATE EMPLOYEES' | $1,135,000 | $1,980,000 | 74.4% | 0.4% |
| PENTAGON FEDERAL CREDIT UNION | $670,000 | $1,960,000 | 192.5% | 0.4% |
| INTERCOASTAL MORTGAGE COMPANY | $2,280,000 | $1,925,000 | -15.6% | 0.3% |
| DHI MORTGAGE COMPANY, LTD. | $1,860,000 | n/a | 0.3% | |
| AMERISAVE MORTGAGE CORPORATION | $4,940,000 | $1,840,000 | -62.8% | 0.3% |
| PNC Bank | $4,465,000 | $1,810,000 | -59.5% | 0.3% |
| United Community Bank | $2,855,000 | $1,795,000 | -37.1% | 0.3% |
| FOUNDERS FEDERAL CREDIT UNION | $1,935,000 | $1,785,000 | -7.8% | 0.3% |
| Blue Ridge Bank | $1,710,000 | n/a | 0.3% | |
| LENDINGHOME FUNDING CORPORATION | $1,205,000 | $1,645,000 | 36.5% | 0.3% |
| TD Bank | $960,000 | $1,595,000 | 66.1% | 0.3% |
| SPC Credit Union | $6,125,000 | $1,575,000 | -74.3% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,755,000 | $1,550,000 | -43.7% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $400,000 | $1,550,000 | 287.5% | 0.3% |
| Regions Bank | $2,190,000 | $1,530,000 | -30.1% | 0.3% |
| American Security Mortgage Corp. | $1,160,000 | $1,420,000 | 22.4% | 0.3% |
| Equity Prime Mortgage LLC | $575,000 | $1,405,000 | 144.3% | 0.3% |
| PREMIA MORTGAGE, LLC | $995,000 | $1,370,000 | 37.7% | 0.2% |
| Bank of America | $2,795,000 | $1,360,000 | -51.3% | 0.2% |
| Synovus Bank | $1,180,000 | $1,330,000 | 12.7% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $1,300,000 | n/a | 0.2% | |
| U.S. Bank | $4,440,000 | $1,290,000 | -70.9% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,440,000 | $1,270,000 | -11.8% | 0.2% |
| MORTGAGE INVESTORS GROUP, INC. | $325,000 | $1,265,000 | 289.2% | 0.2% |
| EVERETT FINANCIAL, INC. | $705,000 | $1,240,000 | 75.9% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,520,000 | $1,215,000 | -73.1% | 0.2% |
| S. C. STATE FEDERAL CREDIT UNION | $2,340,000 | $1,215,000 | -48.1% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $155,000 | $1,205,000 | 677.4% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $1,690,000 | $1,155,000 | -31.7% | 0.2% |
| Carrington Mortgage Services, LLC | $2,385,000 | $1,150,000 | -51.8% | 0.2% |
| Citizens Bank | $3,175,000 | $1,130,000 | -64.4% | 0.2% |
| Carter Bank & Trust | $1,125,000 | n/a | 0.2% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $195,000 | $1,075,000 | 451.3% | 0.2% |
| HONDA Federal Credit Union | $1,700,000 | $1,065,000 | -37.4% | 0.2% |
| NEWREZ LLC | $2,055,000 | $1,065,000 | -48.2% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $580,000 | $1,015,000 | 75.0% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $1,060,000 | $1,005,000 | -5.2% | 0.2% |
| BETTER MORTGAGE CORPORATION | $1,220,000 | $940,000 | -23.0% | 0.2% |
| NTFN, INC. | $565,000 | $925,000 | 63.7% | 0.2% |
| MORTGAGE ACCESS CORP. | $1,925,000 | $905,000 | -53.0% | 0.2% |
| NBKC BANK | $875,000 | n/a | 0.2% | |
| Commerce Home Mortgage, Inc. | $195,000 | $850,000 | 335.9% | 0.2% |
| AgFirst Farm Credit Bank | $840,000 | n/a | 0.2% | |
| AMCAP MORTGAGE, LTD. | $835,000 | n/a | 0.2% | |
| Discover Bank | $125,000 | $820,000 | 556.0% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,695,000 | $815,000 | -51.9% | 0.1% |
| EQUITY RESOURCES, INC. | $280,000 | $790,000 | 182.1% | 0.1% |
| PREMIER LENDING, INC. | $390,000 | $730,000 | 87.2% | 0.1% |
| The Loan Store, Inc. | $730,000 | n/a | 0.1% | |
| Colonial Savings, F.A. | $680,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $670,000 | n/a | 0.1% | |
| United Bank | $355,000 | $670,000 | 88.7% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $75,000 | $655,000 | 773.3% | 0.1% |
| Waterstone Mortgage Corporation | $275,000 | $630,000 | 129.1% | 0.1% |
| First Community Bank | $575,000 | $605,000 | 5.2% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $175,000 | $600,000 | 242.9% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $590,000 | $565,000 | -4.2% | 0.1% |
| Prosperity Home Mortgage, LLC | $885,000 | $560,000 | -36.7% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $525,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $2,180,000 | $515,000 | -76.4% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $265,000 | $500,000 | 88.7% | 0.1% |
| Renasant Bank | $1,005,000 | $500,000 | -50.2% | 0.1% |
| US MORTGAGE CORPORATION | $670,000 | $490,000 | -26.9% | 0.1% |
| Assurance Financial Group, L.L.C. | $450,000 | $485,000 | 7.8% | 0.1% |
| CALIBER HOME LOANS, INC. | $13,225,000 | $485,000 | -96.3% | 0.1% |
| GENEVA FINANCIAL, LLC | $1,180,000 | $485,000 | -58.9% | 0.1% |
| Nations Lending Corporation | $1,705,000 | $485,000 | -71.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $670,000 | $475,000 | -29.1% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $345,000 | $450,000 | 30.4% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $755,000 | $450,000 | -40.4% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $445,000 | n/a | 0.1% | |
| First Savings Bank | $445,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $495,000 | $445,000 | -10.1% | 0.1% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $935,000 | $445,000 | -52.4% | 0.1% |
| SPRING EQ, LLC | $165,000 | $420,000 | 154.5% | 0.1% |
| Towne Bank | $405,000 | n/a | 0.1% | |
| LOANPAL, LLC | $665,000 | $390,000 | -41.4% | 0.1% |
| The Federal Savings Bank | $670,000 | $380,000 | -43.3% | 0.1% |
| TOWNE MORTGAGE COMPANY | $380,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $720,000 | $365,000 | -49.3% | 0.1% |
| PLANET HOME LENDING, LLC | $365,000 | n/a | 0.1% | |
| Ameris Bank | $1,250,000 | $360,000 | -71.2% | 0.1% |
| Trustmark National Bank | $115,000 | $360,000 | 213.0% | 0.1% |
| LADERA LENDING, INC. | $355,000 | n/a | 0.1% | |
| ON Q FINANCIAL, INC. | $355,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $350,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $450,000 | $340,000 | -24.4% | 0.1% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $335,000 | n/a | 0.1% | |
| Ally Bank | $970,000 | $325,000 | -66.5% | 0.1% |
| CSL Financial, LLC | $765,000 | $325,000 | -57.5% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $65,000 | $325,000 | 400.0% | 0.1% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $325,000 | n/a | 0.1% | |
| Coastal Carolina National Bank | $330,000 | $315,000 | -4.5% | 0.1% |
| CORNING | $310,000 | n/a | 0.1% | |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $305,000 | n/a | 0.1% | |
| AMWEST FUNDING CORP. | $635,000 | $290,000 | -54.3% | 0.1% |
| Bank of England | $290,000 | n/a | 0.1% | |
| First American Bank | $285,000 | n/a | 0.1% | |
| M&T Bank | $385,000 | $285,000 | -26.0% | 0.1% |
| Network Funding, L.P. | $450,000 | $275,000 | -38.9% | 0.0% |
| PHH Mortgage Corporation | $685,000 | $260,000 | -62.0% | 0.0% |
| CAROLINA ONE MORTGAGE, LLC | $205,000 | $255,000 | 24.4% | 0.0% |
| First Federal Bank | $255,000 | n/a | 0.0% | |
| Leader Bank | $245,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $275,000 | $245,000 | -10.9% | 0.0% |
| Lakeview Community Capital, LLC | $2,070,000 | $235,000 | -88.6% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $1,770,000 | $235,000 | -86.7% | 0.0% |
| NORWICH COMMERCIAL GROUP, INC. | $235,000 | n/a | 0.0% | |
| SRP Federal Credit Union | $105,000 | $235,000 | 123.8% | 0.0% |
| Flagstar Bank, FSB | $2,870,000 | $230,000 | -92.0% | 0.0% |
| Goldwater Bank, N.A. | $225,000 | n/a | 0.0% | |
| MILEND, INC. | $225,000 | n/a | 0.0% | |
| C & F Mortgage Corporation | $215,000 | n/a | 0.0% | |
| First National Bank of Pennsylvania | $610,000 | $215,000 | -64.8% | 0.0% |
| Gateway First Bank | $205,000 | $215,000 | 4.9% | 0.0% |
| Ixonia Bank | $215,000 | n/a | 0.0% | |
| LATINO COMMUNITY CREDIT UNION | $240,000 | $215,000 | -10.4% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $190,000 | $205,000 | 7.9% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $615,000 | $205,000 | -66.7% | 0.0% |
| South Atlantic Bank | $535,000 | $205,000 | -61.7% | 0.0% |
| Kwik Mortgage Corporation | $195,000 | n/a | 0.0% | |
| CERTAINTY HOME LOANS, LLC | $115,000 | $190,000 | 65.2% | 0.0% |
| Neighborhood Loans, Inc. | $185,000 | n/a | 0.0% | |
| Suncoast Credit Union | $185,000 | n/a | 0.0% | |
| The Central Trust Bank | $495,000 | $185,000 | -62.6% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $1,050,000 | $175,000 | -83.3% | 0.0% |
| FAIRWINDS CREDIT UNION | $175,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $175,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $170,000 | n/a | 0.0% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $165,000 | $165,000 | 0.0% | 0.0% |
| FineMark National Bank & Trust | $165,000 | n/a | 0.0% | |
| HANSCOM | $165,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $165,000 | n/a | 0.0% | |
| Countybank | $160,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $410,000 | $160,000 | -61.0% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,105,000 | $155,000 | -86.0% | 0.0% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $75,000 | $155,000 | 106.7% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $2,435,000 | $155,000 | -93.6% | 0.0% |
| Shamrock Home Loans, Inc. | $295,000 | $155,000 | -47.5% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $150,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $1,560,000 | $145,000 | -90.7% | 0.0% |
| AmeriHome Mortgage Company, LLC | $145,000 | n/a | 0.0% | |
| Citibank | $120,000 | $145,000 | 20.8% | 0.0% |
| DELMAR FINANCIAL COMPANY | $85,000 | $135,000 | 58.8% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $26,460,000 | $135,000 | -99.5% | 0.0% |
| Arthur State Bank | $220,000 | $125,000 | -43.2% | 0.0% |
| CBM Mortgage, Inc. | $125,000 | n/a | 0.0% | |
| Figure Lending LLC | $125,000 | n/a | 0.0% | |
| MidFirst Bank | $125,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $285,000 | $125,000 | -56.1% | 0.0% |
| Truliant Federal Credit Union | $250,000 | $125,000 | -50.0% | 0.0% |
| Associated Credit Union | $115,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $115,000 | n/a | 0.0% | |
| East Coast Capital Corp. | $115,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $1,220,000 | $110,000 | -91.0% | 0.0% |
| Axos Bank | $105,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $105,000 | n/a | 0.0% | |
| EASTMAN | $105,000 | n/a | 0.0% | |
| Barley Mortgage, LLC | $95,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $95,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $2,370,000 | $85,000 | -96.4% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $95,000 | $75,000 | -21.1% | 0.0% |
| Atlantic Coast Mortgage, LLC | $275,000 | $65,000 | -76.4% | 0.0% |
| CAROLINA TRUST FEDERAL CREDIT UNION | $115,000 | $55,000 | -52.2% | 0.0% |
| Northwest Federal Credit Union | $55,000 | n/a | 0.0% | |
| UTILITIES EMPLOYEES CREDIT UNION | $105,000 | $55,000 | -47.6% | 0.0% |
| The Conway National Bank | $775,000 | $45,000 | -94.2% | 0.0% |
| Palmetto Citizens Federal Credit Union | $385,000 | $35,000 | -90.9% | 0.0% |
FLORENCE's top lender by overall market share is MOVEMENT MORTGAGE, LLC, with 7.0% market share. In second place, with 5.7%, is QUICKEN LOANS, LLC, having originated $31,410,000 in loans. In third place, with 4.9%, is Carolina Bank & Trust, having originated $27,135,000 in loans. In fourth place, with 3.9%, is First Reliance Bank, having originated $21,500,000 in loans. In fifth place, with 3.8%, is First Bank, having originated $20,965,000 in loans.
FLORENCE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - FLORENCE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $159,900 (2.9%) | $199,165 (4.1%) | 0.59 | 605 |
| 2018-02-01 | $166,750 (5.2%) | $205,389 (6.9%) | 0.61 | 618 |
| 2018-03-01 | $173,550 (8.8%) | $208,815 (5.5%) | 0.61 | 651 |
| 2018-04-01 | $170,000 (4.1%) | $209,606 (1.9%) | 0.58 | 670 |
| 2018-05-01 | $179,900 (8.4%) | $216,308 (2.7%) | 0.60 | 703 |
| 2018-06-01 | $177,450 (5.7%) | $215,056 (1.4%) | 0.59 | 714 |
| 2018-07-01 | $177,575 (1.5%) | $211,010 (-1.5%) | 0.59 | 741 |
| 2018-08-01 | $175,625 (1.9%) | $206,101 (-3.2%) | 0.59 | 744 |
| 2018-09-01 | $175,000 (4.2%) | $201,674 (-2.6%) | 0.59 | 698 |
| 2018-10-01 | $169,950 (-1.1%) | $199,921 (-5.7%) | 0.58 | 681 |
| 2018-11-01 | $169,900 (0.0%) | $197,445 (-7.5%) | 0.58 | 667 |
| 2018-12-01 | $166,500 (1.2%) | $195,220 (-0.8%) | 0.57 | 662 |
| 2019-01-01 | $168,586 (5.4%) | $196,657 (-1.3%) | 0.58 | 640 |
| 2019-02-01 | $168,225 (0.9%) | $197,626 (-3.8%) | 0.57 | 635 |
| 2019-03-01 | $168,500 (-2.9%) | $199,434 (-4.5%) | 0.55 | 742 |
| 2019-04-01 | $172,425 (1.4%) | $203,928 (-2.7%) | 0.55 | 883 |
| 2019-05-01 | $182,250 (1.3%) | $210,689 (-2.6%) | 0.57 | 862 |
| 2019-06-01 | $187,995 (5.9%) | $217,241 (1.0%) | 0.59 | 862 |
| 2019-07-01 | $186,495 (5.0%) | $217,998 (3.3%) | 0.58 | 864 |
| 2019-08-01 | $183,336 (4.4%) | $214,370 (4.0%) | 0.58 | 855 |
| 2019-09-01 | $180,841 (3.3%) | $212,232 (5.2%) | 0.58 | 841 |
| 2019-10-01 | $179,702 (5.7%) | $211,473 (5.8%) | 0.58 | 835 |
| 2019-11-01 | $184,950 (8.9%) | $211,247 (7.0%) | 0.61 | 827 |
| 2019-12-01 | $185,080 (11.2%) | $210,364 (7.8%) | 0.62 | 731 |
| 2020-01-01 | $185,413 (10.0%) | $208,704 (6.1%) | 0.62 | 713 |
| 2020-02-01 | $189,900 (12.9%) | $206,735 (4.6%) | 0.62 | 767 |
| 2020-03-01 | $188,873 (12.1%) | $211,485 (6.0%) | 0.59 | 780 |
| 2020-04-01 | $189,900 (10.1%) | $215,026 (5.4%) | 0.59 | 748 |
| 2020-05-01 | $199,000 (9.2%) | $221,377 (5.1%) | 0.60 | 723 |
| 2020-06-01 | $200,000 (6.4%) | $226,102 (4.1%) | 0.59 | 720 |
| 2020-07-01 | $192,900 (3.4%) | $219,752 (0.8%) | 0.56 | 738 |
| 2020-08-01 | $189,900 (3.6%) | $221,338 (3.3%) | 0.54 | 686 |
| 2020-09-01 | $189,925 (5.0%) | $224,469 (5.8%) | 0.54 | 629 |
| 2020-10-01 | $190,900 (6.2%) | $226,735 (7.2%) | 0.55 | 579 |
| 2020-11-01 | $189,950 (2.7%) | $227,909 (7.9%) | 0.56 | 570 |
| 2020-12-01 | $189,475 (2.4%) | $225,849 (7.4%) | 0.56 | 548 |
| 2021-01-01 | $189,900 (2.4%) | $225,072 (7.8%) | 0.57 | 523 |
| 2021-02-01 | $206,725 (8.9%) | $232,198 (12.3%) | 0.60 | 534 |
| 2021-03-01 | $199,950 (5.9%) | $232,312 (9.9%) | 0.57 | 545 |
| 2021-04-01 | $214,925 (13.2%) | $244,884 (13.9%) | 0.58 | 544 |
| 2021-05-01 | $210,000 (5.5%) | $245,144 (10.7%) | 0.56 | 540 |
| 2021-06-01 | $212,450 (6.2%) | $245,306 (8.5%) | 0.56 | 549 |
| 2021-07-01 | $206,950 (7.3%) | $240,368 (9.4%) | 0.55 | 549 |
| 2021-08-01 | $217,100 (14.3%) | $626,991 (183.3%) | 0.58 | 576 |
| 2021-09-01 | $219,100 (15.4%) | $617,263 (175.0%) | 0.58 | 606 |
| 2021-10-01 | $217,300 (13.8%) | $649,270 (186.4%) | 0.58 | 566 |
| 2021-11-01 | $222,500 (17.1%) | $659,387 (189.3%) | 0.59 | 555 |
| 2021-12-01 | $225,053 (18.8%) | $264,812 (17.3%) | 0.61 | 531 |
| 2022-01-01 | $233,500 (23.0%) | $267,587 (18.9%) | 0.63 | 484 |
| 2022-02-01 | $239,000 (15.6%) | $272,103 (17.2%) | 0.62 | 482 |
| 2022-03-01 | $235,000 (17.5%) | $266,241 (14.6%) | 0.59 | 496 |
| 2022-04-01 | $235,000 (9.3%) | $271,235 (10.8%) | 0.56 | 450 |
| 2022-05-01 | $242,945 (15.7%) | $276,034 (12.6%) | 0.56 | 519 |
| 2022-06-01 | $257,601 (21.3%) | $290,234 (18.3%) | 0.57 | 591 |
| 2022-07-01 | $265,000 (28.1%) | $288,454 (20.0%) | 0.60 | 610 |
| 2022-08-01 | $251,114 (15.7%) | $281,749 (-55.1%) | 0.58 | 619 |
| 2022-09-01 | $267,475 (22.1%) | $288,745 (-53.2%) | 0.63 | 610 |
| 2022-10-01 | $273,763 (26.0%) | $292,797 (-54.9%) | 0.64 | 610 |
| 2022-11-01 | $274,539 (23.4%) | $288,302 (-56.3%) | 0.66 | 585 |
| 2022-12-01 | $269,900 (19.9%) | $284,580 (7.5%) | 0.67 | 544 |
| 2023-01-01 | $260,950 (11.8%) | $279,849 (4.6%) | 0.65 | 530 |
| 2023-02-01 | $255,000 (6.7%) | $272,791 (0.3%) | 0.62 | 534 |
| 2023-03-01 | $259,968 (10.6%) | $283,950 (6.7%) | 0.61 | 494 |
| 2023-04-01 | $259,000 (10.2%) | $282,803 (4.3%) | 0.60 | 520 |
| 2023-05-01 | $266,723 (9.8%) | $291,368 (5.6%) | 0.60 | 500 |
| 2023-06-01 | $273,950 (6.4%) | $300,362 (3.5%) | 0.62 | 507 |
| 2023-07-01 | $276,990 (4.5%) | $301,539 (4.5%) | 0.63 | 519 |
| 2023-08-01 | $275,445 (9.7%) | $299,320 (6.2%) | 0.63 | 510 |
| 2023-09-01 | $271,576 (1.5%) | $292,625 (1.3%) | 0.63 | 509 |
| 2023-10-01 | $266,995 (-2.5%) | $289,964 (-1.0%) | 0.63 | 521 |
| 2023-11-01 | $260,288 (-5.2%) | $284,980 (-1.2%) | 0.62 | 490 |
| 2023-12-01 | $257,450 (-4.6%) | $279,264 (-1.9%) | 0.63 | 454 |
| 2024-01-01 | $252,425 (-3.3%) | $266,068 (-4.9%) | 0.62 | 455 |
| 2024-02-01 | $248,406 (-2.6%) | $265,706 (-2.6%) | 0.60 | 501 |
| 2024-03-01 | $249,500 (-4.0%) | $277,230 (-2.4%) | 0.59 | 513 |
| 2024-04-01 | $250,635 (-3.2%) | $284,376 (0.6%) | 0.58 | 556 |
| 2024-05-01 | $250,261 (-6.2%) | $282,843 (-2.9%) | 0.57 | 583 |
| 2024-06-01 | $249,000 (-9.1%) | $290,591 (-3.3%) | 0.56 | 594 |
| 2024-07-01 | $248,498 (-10.3%) | $295,784 (-1.9%) | 0.57 | 611 |
| 2024-08-01 | $249,900 (-9.3%) | $293,619 (-1.9%) | 0.58 | 624 |
| 2024-09-01 | $249,900 (-8.0%) | $291,759 (-0.3%) | 0.59 | 639 |
| 2024-10-01 | $249,150 (-6.7%) | $292,841 (1.0%) | 0.59 | 663 |
FLORENCE's median listing price for 2024-10-01 was $249,150, a difference of
$-17,845
(-6.7%) versus the prior year and
$-750 versus the prior month.
FLORENCE's median listing price comes in at 59% of the national average.
FLORENCE's average listing price for 2024-10-01 was $292,841, a difference of $2,877 (1.0%) versus the prior year and $1,082 versus the prior month.
For the 2024-10-01 period, FLORENCE had 663 MLS listings, a difference of 24 listings (4%) versus the prior month and 142 listings (27%) versus the prior year.
FLORENCE's median listing price comes in at 59% of the national average.
FLORENCE's average listing price for 2024-10-01 was $292,841, a difference of $2,877 (1.0%) versus the prior year and $1,082 versus the prior month.
For the 2024-10-01 period, FLORENCE had 663 MLS listings, a difference of 24 listings (4%) versus the prior month and 142 listings (27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - FLORENCE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 96 days | 1,890 sqft |
| 2018-02-01 | 96 days | 1,952 sqft |
| 2018-03-01 | 73 days | 2,030 sqft |
| 2018-04-01 | 68 days | 2,074 sqft |
| 2018-05-01 | 67 days | 2,100 sqft |
| 2018-06-01 | 71 days | 2,086 sqft |
| 2018-07-01 | 77 days | 2,082 sqft |
| 2018-08-01 | 81 days | 2,045 sqft |
| 2018-09-01 | 89 days | 2,008 sqft |
| 2018-10-01 | 89 days | 1,922 sqft |
| 2018-11-01 | 94 days | 1,861 sqft |
| 2018-12-01 | 93 days | 1,849 sqft |
| 2019-01-01 | 93 days | 1,868 sqft |
| 2019-02-01 | 94 days | 1,902 sqft |
| 2019-03-01 | 88 days | 1,904 sqft |
| 2019-04-01 | 82 days | 1,921 sqft |
| 2019-05-01 | 80 days | 1,980 sqft |
| 2019-06-01 | 79 days | 2,020 sqft |
| 2019-07-01 | 78 days | 2,071 sqft |
| 2019-08-01 | 80 days | 2,020 sqft |
| 2019-09-01 | 82 days | 1,982 sqft |
| 2019-10-01 | 82 days | 1,980 sqft |
| 2019-11-01 | 79 days | 1,981 sqft |
| 2019-12-01 | 88 days | 1,984 sqft |
| 2020-01-01 | 95 days | 1,984 sqft |
| 2020-02-01 | 89 days | 2,003 sqft |
| 2020-03-01 | 70 days | 2,009 sqft |
| 2020-04-01 | 74 days | 2,030 sqft |
| 2020-05-01 | 78 days | 2,072 sqft |
| 2020-06-01 | 81 days | 2,092 sqft |
| 2020-07-01 | 69 days | 2,043 sqft |
| 2020-08-01 | 66 days | 2,002 sqft |
| 2020-09-01 | 75 days | 2,035 sqft |
| 2020-10-01 | 74 days | 2,010 sqft |
| 2020-11-01 | 59 days | 1,884 sqft |
| 2020-12-01 | 61 days | 1,849 sqft |
| 2021-01-01 | 61 days | 1,900 sqft |
| 2021-02-01 | 46 days | 2,070 sqft |
| 2021-03-01 | 49 days | 2,041 sqft |
| 2021-04-01 | 50 days | 2,045 sqft |
| 2021-05-01 | 50 days | 2,034 sqft |
| 2021-06-01 | 48 days | 1,969 sqft |
| 2021-07-01 | 45 days | 1,882 sqft |
| 2021-08-01 | 44 days | 1,931 sqft |
| 2021-09-01 | 44 days | 1,964 sqft |
| 2021-10-01 | 54 days | 1,888 sqft |
| 2021-11-01 | 56 days | 1,911 sqft |
| 2021-12-01 | 52 days | 1,905 sqft |
| 2022-01-01 | 61 days | 1,906 sqft |
| 2022-02-01 | 53 days | 1,900 sqft |
| 2022-03-01 | 44 days | 1,871 sqft |
| 2022-04-01 | 46 days | 1,837 sqft |
| 2022-05-01 | 38 days | 1,829 sqft |
| 2022-06-01 | 37 days | 1,923 sqft |
| 2022-07-01 | 44 days | 1,956 sqft |
| 2022-08-01 | 54 days | 1,948 sqft |
| 2022-09-01 | 55 days | 1,966 sqft |
| 2022-10-01 | 56 days | 2,002 sqft |
| 2022-11-01 | 64 days | 2,050 sqft |
| 2022-12-01 | 74 days | 1,961 sqft |
| 2023-01-01 | 82 days | 1,956 sqft |
| 2023-02-01 | 75 days | 1,937 sqft |
| 2023-03-01 | 65 days | 1,949 sqft |
| 2023-04-01 | 55 days | 1,914 sqft |
| 2023-05-01 | 51 days | 1,962 sqft |
| 2023-06-01 | 51 days | 1,961 sqft |
| 2023-07-01 | 51 days | 1,959 sqft |
| 2023-08-01 | 52 days | 1,927 sqft |
| 2023-09-01 | 53 days | 1,913 sqft |
| 2023-10-01 | 52 days | 1,920 sqft |
| 2023-11-01 | 56 days | 1,831 sqft |
| 2023-12-01 | 66 days | 1,827 sqft |
| 2024-01-01 | 72 days | 1,724 sqft |
| 2024-02-01 | 60 days | 1,737 sqft |
| 2024-03-01 | 51 days | 1,755 sqft |
| 2024-04-01 | 51 days | 1,739 sqft |
| 2024-05-01 | 51 days | 1,763 sqft |
| 2024-06-01 | 53 days | 1,773 sqft |
| 2024-07-01 | 54 days | 1,783 sqft |
| 2024-08-01 | 58 days | 1,773 sqft |
| 2024-09-01 | 60 days | 1,774 sqft |
| 2024-10-01 | 61 days | 1,771 sqft |
FLORENCE's median listing age (time on market) for 2024-10-01 was 61 days.
This
is 17%
longer
than the same period one year ago.
FLORENCE's median square footage for active listings during the 2024-10-01 period was 1,771 sqft. One year prior, the average listing was 1,920 sqft.
FLORENCE's median square footage for active listings during the 2024-10-01 period was 1,771 sqft. One year prior, the average listing was 1,920 sqft.
FLORENCE, SC Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 29114 | Florence, SC HUD Metro FMR Area | $750 | $810 | $1,030 | $1,280 | $1,390 |
| 29161 | Florence, SC HUD Metro FMR Area | $700 | $710 | $910 | $1,150 | $1,250 |
| 29501 | Florence, SC HUD Metro FMR Area | $750 | $750 | $980 | $1,240 | $1,330 |
| 29502 | Florence, SC HUD Metro FMR Area | $700 | $710 | $930 | $1,180 | $1,250 |
| 29503 | Florence, SC HUD Metro FMR Area | $700 | $710 | $930 | $1,180 | $1,250 |
| 29504 | Florence, SC HUD Metro FMR Area | $700 | $710 | $930 | $1,180 | $1,250 |
| 29505 | Florence, SC HUD Metro FMR Area | $810 | $810 | $1,070 | $1,350 | $1,440 |
| 29506 | Florence, SC HUD Metro FMR Area | $620 | $620 | $820 | $1,040 | $1,100 |
| 29530 | Florence, SC HUD Metro FMR Area | $590 | $590 | $780 | $990 | $1,060 |
| 29532 | Florence, SC HUD Metro FMR Area | $680 | $680 | $820 | $1,040 | $1,190 |
| 29541 | Florence, SC HUD Metro FMR Area | $780 | $780 | $1,030 | $1,300 | $1,390 |
| 29554 | Florence, SC HUD Metro FMR Area | $740 | $750 | $980 | $1,240 | $1,320 |
| 29555 | Florence, SC HUD Metro FMR Area | $590 | $590 | $780 | $990 | $1,060 |
| 29560 | Florence, SC HUD Metro FMR Area | $610 | $620 | $810 | $1,020 | $1,100 |
| 29583 | Florence, SC HUD Metro FMR Area | $640 | $640 | $840 | $1,060 | $1,130 |
| 29591 | Florence, SC HUD Metro FMR Area | $590 | $590 | $780 | $990 | $1,060 |
2022 Average & Median Rent Data Statistics
FLORENCE, SC average 1BR rent: $692, median: $710
FLORENCE, SC average 2BR rent: $901, median: $920
FLORENCE, SC average 3BR rent: $1,139, median: $1,165
FLORENCE, SC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,975 | $435,625,000 | $220,570 |
| Cash Out Refi | 270 | $45,180,000 | $167,333 |
| Refi | 192 | $47,910,000 | $249,531 |
| Other | 153 | $16,185,000 | $105,784 |
| Home Improvement | 124 | $10,740,000 | $86,613 |
Florence's most frequently cited loan purpose was Home Purchase, with 1,975 originations. The 2nd most popular reason was Cash Out Refi, with 270 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 959 | $218,065,000 | $227,388 |
| 7-8% | 572 | $119,280,000 | $208,531 |
| Over 8% | 418 | $52,880,000 | $126,507 |
| 5-6% | 402 | $88,160,000 | $219,303 |
| 4-5% | 65 | $13,475,000 | $207,308 |
| <2.5% | 47 | $825,000 | $17,553 |
| 3-4% | 15 | $1,395,000 | $93,000 |
| 2.5-3% | 4 | $1,080,000 | $270,000 |
During 2023, Florence's most frequently originated rate bucket was 6-7%, with 959 originations.
Loan Sizing (FLORENCE, SC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 996 | $147,330,000 | $147,922 |
| $200k-400k | 932 | $252,940,000 | $271,395 |
| $100,000 or less | 635 | $36,055,000 | $56,780 |
| $400k-600k | 110 | $50,230,000 | $456,636 |
| $600k-1000k | 28 | $19,550,000 | $698,214 |
| $Over $1MM | 13 | $49,535,000 | $3,810,385 |
FLORENCE's loan sizing saw the bucket of loans from $100k-200k with 996 originations, totaling $147,330,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,487 | $332,915,000 | $223,884 |
| 60-80% | 436 | $101,210,000 | $232,133 |
| 20-40% | 184 | $29,090,000 | $158,098 |
| 40-60% | 180 | $26,140,000 | $145,222 |
| Under 20% | 179 | $4,795,000 | $26,788 |
| Over 100% | 29 | $6,985,000 | $240,862 |
FLORENCE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,487 originations, totaling $332,915,000 in origination value.