Bennettsville Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Bennettsville averaged 6.13% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.54% and one month ago for the week of 2022-05-26, the average rate was 5.53%.

Bennettsville's average rate one year ago was 3.7%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Bennettsville 30 Year Fixed Rate 2022-06-30 6.13%
Bennettsville 30 Year Fixed Rate Refi 2022-06-30 5.88%
Bennettsville 15 Year Fixed Rate 2022-06-30 5.46%
Bennettsville 15 Year Fixed Rate Refi 2022-06-30 5.11%
Bennettsville 30 Year FHA 2022-06-30 5.71%
Bennettsville 30 Year FHA Refi 2022-06-30 6.09%
Bennettsville 30 Year USDA 2022-06-30 5.43%
Bennettsville 30 Year VA 2022-06-30 6.05%
Bennettsville 30 Year VA Refi 2022-06-30 5.49%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bennettsville, SC.

Bennettsville Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Bennettsville, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 10 3.26% $4,406
First-Citizens Bank & Trust Company 8 3.24% $3,198
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 3.28% $4,298
LENDUS, LLC 4 3.25% $3,664
Wells Fargo Bank 3 3.42% $1,910
FOUNDERS FEDERAL CREDIT UNION 2 5.00% $2,234
Colten Mortgage, LLC 1 3.63% $2,933
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.50% $3,317
Fifth Third Bank 1 2.99% $3,494
BETTER MORTGAGE CORPORATION 1 4.13% $2,903
First Palmetto Bank 1 3.00% $3,421
First Reliance Bank 1 3.25% $4,785
GUARANTEED RATE, INC. 1 3.38% $4,469
GUILD MORTGAGE COMPANY 1 2.99% $2,986
Bank of America 1 2.88% $5,742
Mortgage Research Center, LLC 1 3.13% $3,487
MOVEMENT MORTGAGE, LLC 1 3.50% $5,695
NAVY FEDERAL CREDIT UNION 1 4.63% $2,096
Northpointe Bank 1 3.25% $2,795
PNC Bank 1 3.25% $2,587
AMERICAN FINANCING CORPORATION 1 3.13% $5,214
RAPID MORTGAGE COMPANY 1 3.50% $4,354
RESIDENTIAL MORTGAGE SERVICES, INC. 1 3.50% $9,428
SPRING EQ, LLC 1 3.25% $0
STATE EMPLOYEES' 1 3.15% $2,440
SWBC MORTGAGE CORPORATION 1 2.88% $5,911
TD Bank 1 3.13% $4,786
VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.80% $2,272
COASTAL Federal Credit Union 1 3.13% $2,140
Ally Bank 1 3.00% $3,525

Bennettsville, SC's 30 lenders originated 267 loans during 2021. The total origination value was $34,865,000, with an average loan value of $130,581.

The top Bennettsville lender as defined by loan originations is QUICKEN LOANS, LLC, with 10 loans originated. Their average total fees are $4,406, which is $1,208 higher than the next largest lender, First-Citizens Bank & Trust Company.

The lowest fee Bennettsville lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($4,406), .

The lowest rate Bennettsville lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.26%), .

Bennettsville, SC Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Wells Fargo Bank $405,000 $3,440,000 749.4% 9.9%
First-Citizens Bank & Trust Company $3,475,000 $3,055,000 -12.1% 8.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $950,000 $2,785,000 193.2% 8.0%
21ST MORTGAGE CORPORATION $2,825,000 $2,725,000 -3.5% 7.8%
QUICKEN LOANS, LLC $3,210,000 $2,545,000 -20.7% 7.3%
FREEDOM MORTGAGE CORPORATION $1,505,000 $1,525,000 1.3% 4.4%
Carolina Bank & Trust $1,400,000 n/a 4.0%
FOUNDERS FEDERAL CREDIT UNION $780,000 $1,285,000 64.7% 3.7%
LENDUS, LLC $700,000 $1,275,000 82.1% 3.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $850,000 $1,040,000 22.4% 3.0%
AMERISAVE MORTGAGE CORPORATION $695,000 n/a 2.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $205,000 $660,000 222.0% 1.9%
Mr. Cooper ( Nationstar Mortgage ) $205,000 $625,000 204.9% 1.8%
STATE EMPLOYEES' $385,000 $595,000 54.5% 1.7%
Mortgage Research Center, LLC $770,000 $575,000 -25.3% 1.6%
AMERICAN FINANCING CORPORATION $265,000 $495,000 86.8% 1.4%
TD Bank $485,000 n/a 1.4%
GUILD MORTGAGE COMPANY $515,000 $455,000 -11.7% 1.3%
TRIAD FINANCIAL SERVICES, INC. $325,000 $440,000 35.4% 1.3%
GUARANTEED RATE, INC. $380,000 n/a 1.1%
ANGEL OAK HOME LOANS LLC $365,000 n/a 1.0%
First Palmetto Bank $365,000 n/a 1.0%
FINANCE OF AMERICA MORTGAGE LLC $65,000 $360,000 453.8% 1.0%
SPC Credit Union $110,000 $355,000 222.7% 1.0%
First Bank $250,000 $330,000 32.0% 0.9%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $325,000 n/a 0.9%
PENNYMAC LOAN SERVICES, LLC $325,000 $325,000 0.0% 0.9%
SOUTHWEST STAGE FUNDING, LLC $125,000 $325,000 160.0% 0.9%
NEW DAY FINANCIAL, LLC $220,000 $310,000 40.9% 0.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $55,000 $290,000 427.3% 0.8%
First Guaranty Mortgage Corporation $205,000 $290,000 41.5% 0.8%
SUMMIT FUNDING, INC. $285,000 n/a 0.8%
NAVY FEDERAL CREDIT UNION $395,000 $280,000 -29.1% 0.8%
RESOURCE FINANCIAL SERVICES, INC. $1,110,000 $260,000 -76.6% 0.7%
GUARANTY HOME MORTGAGE CORPORATION $255,000 n/a 0.7%
LOANDEPOT.COM, LLC $190,000 $235,000 23.7% 0.7%
UNITED WHOLESALE MORTGAGE, LLC $225,000 n/a 0.6%
SPRING EQ, LLC $210,000 n/a 0.6%
Fifth Third Bank $195,000 n/a 0.6%
SWBC MORTGAGE CORPORATION $195,000 n/a 0.6%
Barrington Bank & Trust Company, N.A. $175,000 n/a 0.5%
INTERCOASTAL MORTGAGE COMPANY $245,000 $175,000 -28.6% 0.5%
MOVEMENT MORTGAGE, LLC $350,000 $155,000 -55.7% 0.4%
Trustmark National Bank $155,000 n/a 0.4%
Bank of America $25,000 $145,000 480.0% 0.4%
CMG MORTGAGE, INC. $145,000 n/a 0.4%
PNC Bank $145,000 n/a 0.4%
RAPID MORTGAGE COMPANY $145,000 n/a 0.4%
LAKEVIEW LOAN SERVICING, LLC $245,000 $135,000 -44.9% 0.4%
Alcova Mortgage LLC $115,000 $115,000 0.0% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $115,000 n/a 0.3%
Ally Bank $105,000 n/a 0.3%
Northpointe Bank $105,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $245,000 $95,000 -61.2% 0.3%
Colten Mortgage, LLC $95,000 n/a 0.3%
FINANCE OF AMERICA REVERSE LLC $95,000 n/a 0.3%
First Reliance Bank $270,000 $95,000 -64.8% 0.3%
Nations Lending Corporation $65,000 $95,000 46.2% 0.3%
Secured Investment Corp. $75,000 n/a 0.2%
COASTAL Federal Credit Union $65,000 n/a 0.2%
AMERICAN ADVISORS GROUP $25,000 $45,000 80.0% 0.1%
NEWREZ LLC $255,000 $45,000 -82.4% 0.1%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $35,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $35,000 n/a 0.1%
Lumbee Guaranty Bank $15,000 n/a 0.0%

Bennettsville's top lender by overall market share is Wells Fargo Bank, with 9.9% market share. In second place, with 8.8%, is First-Citizens Bank & Trust Company, having originated $3,055,000 in loans. In third place, with 8.0%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $2,785,000 in loans. In third place, with 7.8%, is 21ST MORTGAGE CORPORATION, having originated $2,725,000 in loans. In third place, with 7.3%, is QUICKEN LOANS, LLC, having originated $2,545,000 in loans.


Bennettsville, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 164 $20,700,000 $126,220
Refi 78 $11,550,000 $148,077
Cash Out Refi 18 $2,330,000 $129,444
Other 5 $175,000 $35,000
Home Improvement 2 $110,000 $55,000

Bennettsville's most frequently cited loan purpose was Home Purchase, with 164 originations. The 2nd most popular reason was Refi, with 78 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 87 $11,895,000 $136,724
2.5-3% 69 $8,575,000 $124,275
<2.5% 30 $6,820,000 $227,333
Over 8% 29 $2,715,000 $93,621
7-8% 15 $1,425,000 $95,000
4-5% 14 $1,050,000 $75,000
5-6% 6 $530,000 $88,333
6-7% 5 $425,000 $85,000

During 2021, Bennettsville's most frequently originated rate bucket was 3-4%, with 87 originations.

Loan Sizing (Bennettsville, SC MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 122 $8,620,000 $70,656
$100k-200k 110 $14,840,000 $134,909
$200k-400k 33 $8,775,000 $265,909
$400k-600k 1 $485,000 $485,000
$Over $1MM 1 $2,145,000 $2,145,000

Bennettsville's loan sizing saw the bucket of loans from $100,000 or less with 122 originations, totaling $8,620,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 150 $19,380,000 $129,200
60-80% 53 $8,325,000 $157,075
40-60% 26 $2,530,000 $97,308
Over 100% 8 $1,220,000 $152,500
20-40% 5 $265,000 $53,000
Under 20% 4 $90,000 $22,500

Bennettsville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 150 originations, totaling $19,380,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Bennettsville (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 $109,900 (41.8%) $160,298 (39.7%) 0.00 30
2018-02-01 $111,950 (44.5%) $159,187 (30.9%) 0.00 34
2018-03-01 $95,000 (18.9%) $152,441 (31.6%) 0.00 35
2018-04-01 $119,900 (28.9%) $142,743 (23.9%) 0.00 38
2018-05-01 $93,750 (2.7%) $158,532 (35.1%) 0.00 42
2018-06-01 $94,500 (14.9%) $155,330 (39.2%) 0.00 44
2018-07-01 $106,750 (30.2%) $151,233 (37.3%) 0.00 42
2018-08-01 $89,900 (12.5%) $159,966 (43.3%) 0.00 44
2018-09-01 $99,000 (19.4%) $167,241 (20.1%) 0.00 45
2018-10-01 $100,225 (21.6%) $166,442 (19.3%) 0.00 45
2018-11-01 $122,000 (45.3%) $163,464 (18.2%) 0.00 40
2018-12-01 $79,900 (-15.9%) $147,596 (-1.3%) 0.00 36
2019-01-01 $110,000 (0.1%) $147,359 (-8.1%) 0.00 35
2019-02-01 $76,000 (-32.1%) $114,036 (-28.4%) 0.00 43
2019-03-01 $81,100 (-14.6%) $120,913 (-20.7%) 0.00 48
2019-04-01 $87,550 (-27.0%) $128,251 (-10.2%) 0.00 52
2019-05-01 $79,900 (-14.8%) $124,728 (-21.3%) 0.00 58
2019-06-01 $69,900 (-26.0%) $120,661 (-22.3%) 0.00 58
2019-07-01 $72,250 (-32.3%) $128,367 (-15.1%) 0.00 51
2019-08-01 $63,957 (-28.9%) $118,100 (-26.2%) 0.00 60
2019-09-01 $69,450 (-29.9%) $116,489 (-30.4%) 0.00 62
2019-10-01 $66,450 (-33.7%) $117,074 (-29.7%) 0.00 60
2019-11-01 $79,500 (-34.8%) $116,176 (-28.9%) 0.00 61
2019-12-01 $89,900 (12.5%) $114,044 (-22.7%) 0.00 59
2020-01-01 $89,900 (-18.3%) $113,246 (-23.2%) 0.00 54
2020-02-01 $70,000 (-7.9%) $98,481 (-13.6%) 0.00 59
2020-03-01 $89,500 (10.4%) $106,219 (-12.2%) 0.00 52
2020-04-01 $82,250 (-6.1%) $106,575 (-16.9%) 0.00 45
2020-05-01 $85,900 (7.5%) $119,811 (-3.9%) 0.00 46
2020-06-01 $82,450 (18.0%) $115,584 (-4.2%) 0.00 50
2020-07-01 $79,900 (10.6%) $116,530 (-9.2%) 0.00 54
2020-08-01 $94,000 (47.0%) $140,036 (18.6%) 0.00 49
2020-09-01 $119,900 (72.6%) $149,803 (28.6%) 0.00 45
2020-10-01 $124,500 (87.4%) $222,273 (89.9%) 0.00 44
2020-11-01 $150,000 (88.7%) $247,595 (113.1%) 0.00 43
2020-12-01 $131,250 (46.0%) $234,917 (106.0%) 0.00 39
2021-01-01 $124,500 (38.5%) $236,006 (108.4%) 0.00 35
2021-02-01 $129,000 (84.3%) $245,084 (148.9%) 0.00 30
2021-03-01 $159,900 (78.7%) $251,007 (136.3%) 0.00 29
2021-04-01 $139,900 (70.1%) $256,423 (140.6%) 0.00 27
2021-05-01 $130,000 (51.3%) $264,503 (120.8%) 0.00 29
2021-06-01 $129,000 (56.5%) $261,816 (126.5%) 0.00 31
2021-07-01 $129,450 (62.0%) $264,051 (126.6%) 0.00 34
2021-08-01 $129,000 (37.2%) $170,016 (21.4%) 0.00 35
2021-09-01 $138,450 (15.5%) $162,850 (8.7%) 0.00 32
2021-10-01 $129,000 (3.6%) $148,742 (-33.1%) 0.00 31
2021-11-01 $129,900 (-13.4%) $163,089 (-34.1%) 0.00 26
2021-12-01 $129,500 (-1.3%) $156,792 (-33.3%) 0.00 24
2022-01-01 $137,000 (10.0%) $157,738 (-33.2%) 0.00 20
2022-02-01 $120,000 (-7.0%) $147,704 (-39.7%) 0.00 14
2022-03-01 $132,500 (-17.1%) $157,733 (-37.2%) 0.00 23
2022-04-01 $145,000 (3.7%) $178,620 (-30.3%) 0.00 20
2022-05-01 $125,000 (-3.9%) $166,622 (-37.0%) 0.00 20
2022-06-01 $125,000 (-3.1%) $165,952 (-36.6%) 0.00 22
Bennettsville's median listing price for 2022-06-01 was $125,000, a difference of $-4,000 (-3.1%) versus the prior year and $0 versus the prior month.

Bennettsville's median listing price comes in at 0% of the national average.

Bennettsville's average listing price for 2022-06-01 was $165,952, a difference of $-95,864 (-36.6%) versus the prior year and $-670 versus the prior month.

For the 2022-06-01 period, Bennettsville had 22 MLS listings, a difference of 2 listings (10%) versus the prior month and -9 listings (-29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Bennettsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,893 sqft
2018-02-01 0 days 1,908 sqft
2018-03-01 0 days 1,782 sqft
2018-04-01 0 days 1,950 sqft
2018-05-01 0 days 1,792 sqft
2018-06-01 0 days 1,950 sqft
2018-07-01 0 days 1,950 sqft
2018-08-01 0 days 1,808 sqft
2018-09-01 0 days 1,834 sqft
2018-10-01 0 days 1,825 sqft
2018-11-01 0 days 1,888 sqft
2018-12-01 0 days 1,834 sqft
2019-01-01 0 days 1,834 sqft
2019-02-01 0 days 1,792 sqft
2019-03-01 0 days 1,801 sqft
2019-04-01 0 days 1,791 sqft
2019-05-01 0 days 1,782 sqft
2019-06-01 0 days 1,764 sqft
2019-07-01 0 days 1,670 sqft
2019-08-01 0 days 1,660 sqft
2019-09-01 0 days 1,695 sqft
2019-10-01 0 days 1,626 sqft
2019-11-01 0 days 1,700 sqft
2019-12-01 0 days 1,748 sqft
2020-01-01 0 days 1,743 sqft
2020-02-01 0 days 1,568 sqft
2020-03-01 0 days 1,752 sqft
2020-04-01 0 days 1,718 sqft
2020-05-01 0 days 1,752 sqft
2020-06-01 0 days 1,655 sqft
2020-07-01 0 days 1,659 sqft
2020-08-01 0 days 1,918 sqft
2020-09-01 0 days 2,000 sqft
2020-10-01 0 days 2,000 sqft
2020-11-01 0 days 2,200 sqft
2020-12-01 0 days 1,780 sqft
2021-01-01 0 days 1,560 sqft
2021-02-01 0 days 1,632 sqft
2021-03-01 0 days 1,752 sqft
2021-04-01 0 days 1,800 sqft
2021-05-01 0 days 1,870 sqft
2021-06-01 0 days 1,859 sqft
2021-07-01 0 days 1,835 sqft
2021-08-01 0 days 1,800 sqft
2021-09-01 0 days 1,800 sqft
2021-10-01 0 days 1,600 sqft
2021-11-01 0 days 1,763 sqft
2021-12-01 0 days 1,771 sqft
2022-01-01 0 days 1,647 sqft
2022-02-01 0 days 1,556 sqft
2022-03-01 0 days 1,556 sqft
2022-04-01 0 days 1,771 sqft
2022-05-01 0 days 1,625 sqft
2022-06-01 0 days 1,686 sqft
Bennettsville's median listing age (time on market) for 2022-06-01 was 0 days.

Bennettsville's median square footage for active listings during the 2022-06-01 period was 1,686 sqft. One year prior, the average listing was 1,859 sqft.