Bennettsville Mortgage Rates

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    • 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.