Bennettsville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bennettsville averaged
6.61%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.04% and
one month ago for the week of 2025-05-15, the
average rate was 6.81%.
Bennettsville's average rate one year ago was 7.15%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Bennettsville 30 Year Fixed Rate | 2025-06-18 | 6.61% |
| Bennettsville 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Bennettsville 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Bennettsville 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Bennettsville 30 Year FHA | 2025-06-18 | 0% |
| Bennettsville 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Bennettsville 30 Year USDA | 2025-06-18 | 0.2% |
| Bennettsville 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Bennettsville 30 Year VA | 2025-06-18 | 0.1% |
| Bennettsville 30 Year VA Refi | 2025-06-18 | 0.2% |
Bennettsville 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 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 | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | 5 | 6.64% | $7,048 |
| UNITED WHOLESALE MORTGAGE, LLC | 3 | 6.46% | $5,029 |
| FOUNDERS FEDERAL CREDIT UNION | 3 | 8.00% | $4,762 |
| QUICKEN LOANS, LLC | 3 | 7.21% | $4,821 |
| 21ST MORTGAGE CORPORATION | 2 | 8.28% | $6,736 |
| First-Citizens Bank & Trust Company | 2 | 6.32% | $5,093 |
| STATE EMPLOYEES' | 2 | 6.34% | $2,931 |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | 1 | 7.13% | $5,827 |
| LOANDEPOT.COM, LLC | 1 | 6.13% | $3,865 |
| PHH Mortgage Corporation | 1 | 6.99% | $5,007 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.50% | $4,525 |
| ROYAL UNITED MORTGAGE LLC | 1 | 7.63% | $4,129 |
| S. C. STATE FEDERAL CREDIT UNION | 1 | 6.25% | $2,786 |
| Wells Fargo Bank | 1 | 6.13% | $4,963 |
| TIDEWATER MORTGAGE SERVICES, INC. | 1 | 7.00% | $3,535 |
| Truist | 1 | 7.49% | $3,270 |
| ALLIED MORTGAGE GROUP, INC. | 1 | 7.13% | $2,647 |
| U.S. Bank | 1 | 6.75% | $5,432 |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 1 | 8.05% | $2,431 |
| First Federal Bank | 1 | 6.63% | $3,234 |
Bennettsville Average Closing Costs & Other Stats
Bennettsville, SC's 20 lenders originated 186
loans during 2024. The total origination value was $23,220,000, with an average loan value of
$124,839.
Bennettsville's average closing costs are $4,826.
The top Bennettsville lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
5 loans originated. Their average total fees are
$7,048, which is $2,019
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Bennettsville lenders (with over 10 loans originated) are
.
The lowest rate Bennettsville lenders (with over 10 loans originated) are
.
Bennettsville, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| 21ST MORTGAGE CORPORATION | $1,855,000 | $2,260,000 | 21.8% | 9.7% |
| Mortgage Research Center, LLC | $1,140,000 | $2,060,000 | 80.7% | 8.9% |
| QUICKEN LOANS, LLC | $1,860,000 | $1,720,000 | -7.5% | 7.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $240,000 | $1,695,000 | 606.3% | 7.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $605,000 | $1,685,000 | 178.5% | 7.3% |
| First-Citizens Bank & Trust Company | $1,280,000 | $1,210,000 | -5.5% | 5.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,840,000 | $950,000 | -48.4% | 4.1% |
| FOUNDERS FEDERAL CREDIT UNION | $755,000 | $885,000 | 17.2% | 3.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $695,000 | $565,000 | -18.7% | 2.4% |
| Alcova Mortgage LLC | $95,000 | $560,000 | 489.5% | 2.4% |
| LOANDEPOT.COM, LLC | $340,000 | $525,000 | 54.4% | 2.3% |
| T2 FINANCIAL LLC | $480,000 | $495,000 | 3.1% | 2.1% |
| BROKER SOLUTIONS, INC. | $465,000 | n/a | 2.0% | |
| Mr. Cooper ( Nationstar Mortgage ) | $370,000 | n/a | 1.6% | |
| SUN WEST MORTGAGE COMPANY, INC. | $205,000 | $370,000 | 80.5% | 1.6% |
| S. C. STATE FEDERAL CREDIT UNION | $100,000 | $305,000 | 205.0% | 1.3% |
| Barrington Bank & Trust Company, N.A. | $155,000 | $280,000 | 80.6% | 1.2% |
| Carolina Bank & Trust | $660,000 | $280,000 | -57.6% | 1.2% |
| COUNTRYPLACE MORTGAGE, LTD. | $105,000 | $280,000 | 166.7% | 1.2% |
| SOUTHWEST STAGE FUNDING, LLC | $325,000 | $280,000 | -13.8% | 1.2% |
| Wells Fargo Bank | $725,000 | $275,000 | -62.1% | 1.2% |
| NEW DAY FINANCIAL, LLC | $155,000 | $270,000 | 74.2% | 1.2% |
| VILLAGE CAPITAL MORTGAGE | $265,000 | n/a | 1.1% | |
| UNION HOME MORTGAGE CORP. | $85,000 | $255,000 | 200.0% | 1.1% |
| First Reliance Bank | $250,000 | n/a | 1.1% | |
| Flagstar Bank, FSB | $245,000 | n/a | 1.1% | |
| MOVEMENT MORTGAGE, LLC | $145,000 | $245,000 | 69.0% | 1.1% |
| TRIAD FINANCIAL SERVICES, INC. | $440,000 | $245,000 | -44.3% | 1.1% |
| STATE EMPLOYEES' | $265,000 | $220,000 | -17.0% | 0.9% |
| NEWREZ LLC | $35,000 | $215,000 | 514.3% | 0.9% |
| The Citizens Bank | $215,000 | n/a | 0.9% | |
| Truist | $210,000 | n/a | 0.9% | |
| 1ST SIGNATURE LENDING, LLC | $335,000 | $205,000 | -38.8% | 0.9% |
| HOMEXPRESS MORTGAGE CORP. | $205,000 | n/a | 0.9% | |
| PENNYMAC LOAN SERVICES, LLC | $260,000 | $195,000 | -25.0% | 0.8% |
| ROYAL UNITED MORTGAGE LLC | $185,000 | n/a | 0.8% | |
| First Financial Bank | $175,000 | n/a | 0.8% | |
| CARDINAL FINANCIAL | $640,000 | $165,000 | -74.2% | 0.7% |
| Nations Lending Corporation | $165,000 | n/a | 0.7% | |
| AMERICAN FINANCIAL NETWORK, INC. | $145,000 | n/a | 0.6% | |
| Equity Prime Mortgage LLC | $145,000 | n/a | 0.6% | |
| First Federal Bank | $115,000 | n/a | 0.5% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $115,000 | n/a | 0.5% | |
| U.S. Bank | $115,000 | n/a | 0.5% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $105,000 | n/a | 0.5% | |
| PHH Mortgage Corporation | $105,000 | n/a | 0.5% | |
| CSL Financial, LLC | $95,000 | n/a | 0.4% | |
| GUILD MORTGAGE COMPANY | $250,000 | $95,000 | -62.0% | 0.4% |
| M&T Bank | $125,000 | $95,000 | -24.0% | 0.4% |
| SPC Credit Union | $465,000 | $90,000 | -80.6% | 0.4% |
| FEDCHOICE Federal Credit Union | $85,000 | n/a | 0.4% | |
| FINANCE OF AMERICA REVERSE LLC | $85,000 | n/a | 0.4% | |
| RESOURCE FINANCIAL SERVICES, INC. | $75,000 | $85,000 | 13.3% | 0.4% |
| ALLIED MORTGAGE GROUP, INC. | $75,000 | n/a | 0.3% | |
| NAVY FEDERAL CREDIT UNION | $85,000 | $65,000 | -23.5% | 0.3% |
| PNC Bank | $45,000 | $55,000 | 22.2% | 0.2% |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.1% | |
| Figure Lending LLC | $15,000 | n/a | 0.1% |
Bennettsville's top lender by overall market share is 21ST MORTGAGE CORPORATION, with 9.7% market share. In second place, with 8.9%, is Mortgage Research Center, LLC, having originated $2,060,000 in loans. In third place, with 7.4%, is QUICKEN LOANS, LLC, having originated $1,720,000 in loans. In fourth place, with 7.3%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $1,695,000 in loans. In fifth place, with 7.3%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $1,685,000 in loans.
Bennettsville, SC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 119 | $15,355,000 | $129,034 |
| Refi | 30 | $4,340,000 | $144,667 |
| Cash Out Refi | 20 | $2,530,000 | $126,500 |
| Other | 11 | $615,000 | $55,909 |
| Home Improvement | 6 | $380,000 | $63,333 |
Bennettsville's most frequently cited loan purpose was Home Purchase, with 119 originations. The 2nd most popular reason was Refi, with 30 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 69 | $9,895,000 | $143,406 |
| Over 8% | 53 | $5,645,000 | $106,509 |
| 7-8% | 35 | $3,955,000 | $113,000 |
| 5-6% | 20 | $2,990,000 | $149,500 |
| <2.5% | 2 | $20,000 | $10,000 |
| 4-5% | 2 | $210,000 | $105,000 |
During 2024, Bennettsville's most frequently originated rate bucket was 6-7%, with 69 originations.
Loan Sizing (Bennettsville, SC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 93 | $13,255,000 | $142,527 |
| $100,000 or less | 72 | $4,780,000 | $66,389 |
| $200k-400k | 20 | $4,740,000 | $237,000 |
| $400k-600k | 1 | $445,000 | $445,000 |
Bennettsville's loan sizing saw the bucket of loans from $100k-200k with 93 originations, totaling $13,255,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 99 | $14,075,000 | $142,172 |
| 60-80% | 34 | $4,270,000 | $125,588 |
| 40-60% | 19 | $1,885,000 | $99,211 |
| 20-40% | 10 | $530,000 | $53,000 |
| Under 20% | 9 | $125,000 | $13,889 |
| Over 100% | 4 | $670,000 | $167,500 |
Bennettsville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 99 originations, totaling $14,075,000 in origination value.