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
6.83%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.28% and
one month ago for the week of 2023-10-19, the
average rate was 7.27%.
Florence's average rate one year ago was 6.25%.
For refis of the same type during the week of 2023-11-22, the average rate
was 6.67%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
| Florence 30 Year Fixed Rate | 2023-11-22 | 6.83% |
| Florence 30 Year Fixed Rate Refi | 2023-11-22 | 6.67% |
| Florence 15 Year Fixed Rate | 2023-11-22 | 6.96% |
| Florence 15 Year Fixed Rate Refi | 2023-11-22 | 5.55% |
| Florence 30 Year FHA | 2023-11-22 | -0.22% |
| Florence 30 Year FHA Refi | 2023-11-22 | -0.2% |
| Florence 30 Year USDA | 2023-11-22 | -0.51% |
| Florence 30 Year USDA Refi | 2023-11-22 | 0.2% |
| Florence 30 Year VA | 2023-11-22 | -0.03% |
| Florence 30 Year VA Refi | 2023-11-22 | 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 161 lenders originated 3,614
loans during 2022. The total origination value was $718,930,000, with an average loan value of
$198,929.
FLORENCE's average closing costs are $5,095.
The top FLORENCE lender as defined by loan originations is QUICKEN LOANS, LLC, with
109 loans originated. Their average total fees are
$6,000, which is $1,173
higher than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee FLORENCE lenders (with over 10 loans originated) are
Citizens Bank ($3,260), U.S. Bank ($3,760), South State Bank ($3,811), First Reliance Bank ($3,858) and Wells Fargo Bank ($3,990).
The lowest rate FLORENCE lenders (with over 10 loans originated) are
Citizens Bank (3.90%), SHARONVIEW FEDERAL CREDIT UNION (3.98%), Mr. Cooper ( Nationstar Mortgage ) (4.43%), PENNYMAC LOAN SERVICES, LLC (4.45%) and HOMEBRIDGE FINANCIAL SERVICES, INC. (4.49%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $97,005,000 | $51,535,000 | -46.9% | 7.2% |
| MOVEMENT MORTGAGE, LLC | $21,005,000 | $38,635,000 | 83.9% | 5.4% |
| First-Citizens Bank & Trust Company | $45,360,000 | $28,735,000 | -36.7% | 4.0% |
| First Bank | $25,070,000 | $28,115,000 | 12.1% | 3.9% |
| First Reliance Bank | $51,235,000 | $27,085,000 | -47.1% | 3.8% |
| FINANCE OF AMERICA MORTGAGE LLC | $51,925,000 | $26,460,000 | -49.0% | 3.7% |
| Carolina Bank & Trust | $25,845,000 | $24,135,000 | -6.6% | 3.4% |
| South State Bank | $14,745,000 | $22,525,000 | 52.8% | 3.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $58,470,000 | $20,540,000 | -64.9% | 2.9% |
| The Citizens Bank | $11,365,000 | $17,280,000 | 52.0% | 2.4% |
| Truist | $16,155,000 | $17,165,000 | 6.3% | 2.4% |
| Mortgage Research Center, LLC | $15,030,000 | $17,110,000 | 13.8% | 2.4% |
| Wells Fargo Bank | $28,555,000 | $15,775,000 | -44.8% | 2.2% |
| GUARANTEED RATE, INC. | $54,455,000 | $15,745,000 | -71.1% | 2.2% |
| Magnolia Bank | $19,610,000 | $15,560,000 | -20.7% | 2.2% |
| CALIBER HOME LOANS, INC. | $5,865,000 | $13,225,000 | 125.5% | 1.8% |
| GREYSTONE FUNDING COMPANY LLC | $11,935,000 | n/a | 1.7% | |
| UNITED WHOLESALE MORTGAGE, LLC | $5,205,000 | $11,835,000 | 127.4% | 1.6% |
| 21ST MORTGAGE CORPORATION | $12,045,000 | $10,930,000 | -9.3% | 1.5% |
| LOANDEPOT.COM, LLC | $19,475,000 | $10,890,000 | -44.1% | 1.5% |
| SUMMIT FUNDING, INC. | $5,815,000 | $9,810,000 | 68.7% | 1.4% |
| SAFE FEDERAL CREDIT UNION | $7,085,000 | $8,420,000 | 18.8% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,410,000 | $8,235,000 | 484.0% | 1.1% |
| GUILD MORTGAGE COMPANY | $11,900,000 | $8,165,000 | -31.4% | 1.1% |
| SHARONVIEW FEDERAL CREDIT UNION | $10,205,000 | $7,900,000 | -22.6% | 1.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $8,465,000 | $7,615,000 | -10.0% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $38,085,000 | $6,725,000 | -82.3% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $6,475,000 | $6,495,000 | 0.3% | 0.9% |
| ORIX REAL ESTATE CAPITAL, LLC | $6,285,000 | n/a | 0.9% | |
| Anderson Brothers Bank | $7,220,000 | $6,210,000 | -14.0% | 0.9% |
| SPC Credit Union | $9,385,000 | $6,125,000 | -34.7% | 0.9% |
| INSPIRE HOME LOANS INC. | $2,635,000 | $6,005,000 | 127.9% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $12,375,000 | $5,845,000 | -52.8% | 0.8% |
| MCLEAN MORTGAGE CORPORATION | $1,725,000 | $5,530,000 | 220.6% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $15,890,000 | $5,210,000 | -67.2% | 0.7% |
| Mountain Commerce Bank | $5,085,000 | n/a | 0.7% | |
| AMERISAVE MORTGAGE CORPORATION | $9,085,000 | $4,940,000 | -45.6% | 0.7% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,800,000 | $4,520,000 | 151.1% | 0.6% |
| PNC Bank | $3,780,000 | $4,465,000 | 18.1% | 0.6% |
| U.S. Bank | $6,230,000 | $4,440,000 | -28.7% | 0.6% |
| JPMorgan Chase Bank | $4,560,000 | $3,720,000 | -18.4% | 0.5% |
| Citizens Bank | $8,355,000 | $3,175,000 | -62.0% | 0.4% |
| USAA Federal Savings Bank | $4,135,000 | $3,130,000 | -24.3% | 0.4% |
| DIRECT MORTGAGE LOANS, LLC | $315,000 | $2,900,000 | 820.6% | 0.4% |
| Flagstar Bank, FSB | $5,345,000 | $2,870,000 | -46.3% | 0.4% |
| United Community Bank | $3,730,000 | $2,855,000 | -23.5% | 0.4% |
| Bank of America | $3,705,000 | $2,795,000 | -24.6% | 0.4% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,925,000 | $2,755,000 | 43.1% | 0.4% |
| BROKER SOLUTIONS, INC. | $3,890,000 | $2,550,000 | -34.4% | 0.4% |
| RESOURCE FINANCIAL SERVICES, INC. | $4,570,000 | $2,545,000 | -44.3% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $155,000 | $2,435,000 | 1,471.0% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,915,000 | $2,405,000 | -51.1% | 0.3% |
| Carrington Mortgage Services, LLC | $3,315,000 | $2,385,000 | -28.1% | 0.3% |
| GUARANTY HOME MORTGAGE CORPORATION | $2,535,000 | $2,370,000 | -6.5% | 0.3% |
| S. C. STATE FEDERAL CREDIT UNION | $1,485,000 | $2,340,000 | 57.6% | 0.3% |
| CMG MORTGAGE, INC. | $1,115,000 | $2,330,000 | 109.0% | 0.3% |
| INTERCOASTAL MORTGAGE COMPANY | $450,000 | $2,280,000 | 406.7% | 0.3% |
| THRIVE MORTGAGE, LLC | $2,265,000 | n/a | 0.3% | |
| Regions Bank | $1,145,000 | $2,190,000 | 91.3% | 0.3% |
| T2 FINANCIAL LLC | $315,000 | $2,180,000 | 592.1% | 0.3% |
| GSF Mortgage Corporation | $295,000 | $2,135,000 | 623.7% | 0.3% |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $4,425,000 | $2,135,000 | -51.8% | 0.3% |
| Lakeview Community Capital, LLC | $4,660,000 | $2,070,000 | -55.6% | 0.3% |
| NEWREZ LLC | $5,800,000 | $2,055,000 | -64.6% | 0.3% |
| FOUNDERS FEDERAL CREDIT UNION | $2,660,000 | $1,935,000 | -27.3% | 0.3% |
| MORTGAGE ACCESS CORP. | $305,000 | $1,925,000 | 531.1% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $10,480,000 | $1,770,000 | -83.1% | 0.2% |
| Nations Lending Corporation | $795,000 | $1,705,000 | 114.5% | 0.2% |
| HONDA Federal Credit Union | $2,785,000 | $1,700,000 | -39.0% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,705,000 | $1,695,000 | -0.6% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $695,000 | $1,690,000 | 143.2% | 0.2% |
| AMERICAN FINANCING CORPORATION | $2,245,000 | $1,560,000 | -30.5% | 0.2% |
| FBC MORTGAGE, LLC | $1,495,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $745,000 | $1,495,000 | 100.7% | 0.2% |
| REV FEDERAL CREDIT UNION | $1,475,000 | n/a | 0.2% | |
| NEW DAY FINANCIAL, LLC | $2,945,000 | $1,440,000 | -51.1% | 0.2% |
| First Guaranty Mortgage Corporation | $1,225,000 | $1,280,000 | 4.5% | 0.2% |
| Ameris Bank | $2,130,000 | $1,250,000 | -41.3% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $1,215,000 | $1,250,000 | 2.9% | 0.2% |
| BETTER MORTGAGE CORPORATION | $5,565,000 | $1,220,000 | -78.1% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $2,005,000 | $1,220,000 | -39.2% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $75,000 | $1,205,000 | 1,506.7% | 0.2% |
| GENEVA FINANCIAL, LLC | $1,755,000 | $1,180,000 | -32.8% | 0.2% |
| Synovus Bank | $1,880,000 | $1,180,000 | -37.2% | 0.2% |
| American Security Mortgage Corp. | $2,245,000 | $1,160,000 | -48.3% | 0.2% |
| STATE EMPLOYEES' | $1,145,000 | $1,135,000 | -0.9% | 0.2% |
| Hometown Lenders, Inc. | $955,000 | $1,130,000 | 18.3% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $935,000 | $1,105,000 | 18.2% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $1,010,000 | $1,060,000 | 5.0% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $1,050,000 | n/a | 0.1% | |
| Cedar Rapids Bank and Trust Company | $1,045,000 | n/a | 0.1% | |
| Mortgage Network, Inc. | $455,000 | $1,025,000 | 125.3% | 0.1% |
| Renasant Bank | $2,210,000 | $1,005,000 | -54.5% | 0.1% |
| PREMIA MORTGAGE, LLC | $2,595,000 | $995,000 | -61.7% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $1,145,000 | $975,000 | -14.8% | 0.1% |
| Ally Bank | $1,230,000 | $970,000 | -21.1% | 0.1% |
| TD Bank | $1,015,000 | $960,000 | -5.4% | 0.1% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $2,210,000 | $935,000 | -57.7% | 0.1% |
| First Horizon Bank | $520,000 | $930,000 | 78.8% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $2,740,000 | $925,000 | -66.2% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $600,000 | $920,000 | 53.3% | 0.1% |
| Northpointe Bank | $1,220,000 | $905,000 | -25.8% | 0.1% |
| Prosperity Home Mortgage, LLC | $95,000 | $885,000 | 831.6% | 0.1% |
| First Palmetto Bank | $1,655,000 | $855,000 | -48.3% | 0.1% |
| HOMESTAR FINANCIAL CORPORATION | $840,000 | n/a | 0.1% | |
| Alcova Mortgage LLC | $970,000 | $825,000 | -14.9% | 0.1% |
| CLEARPATH LENDING | $1,540,000 | $785,000 | -49.0% | 0.1% |
| The Conway National Bank | $775,000 | n/a | 0.1% | |
| CSL Financial, LLC | $85,000 | $765,000 | 800.0% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $755,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $145,000 | $720,000 | 396.6% | 0.1% |
| EVERETT FINANCIAL, INC. | $125,000 | $705,000 | 464.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $690,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $660,000 | $685,000 | 3.8% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $655,000 | $680,000 | 3.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,125,000 | $670,000 | -40.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,960,000 | $670,000 | -65.8% | 0.1% |
| The Federal Savings Bank | $1,845,000 | $670,000 | -63.7% | 0.1% |
| US MORTGAGE CORPORATION | $1,035,000 | $670,000 | -35.3% | 0.1% |
| LOANPAL, LLC | $1,435,000 | $665,000 | -53.7% | 0.1% |
| Evolve Bank & Trust | $265,000 | $650,000 | 145.3% | 0.1% |
| AMWEST FUNDING CORP. | $635,000 | n/a | 0.1% | |
| NMSI, INC. | $630,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $1,165,000 | $620,000 | -46.8% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $205,000 | $615,000 | 200.0% | 0.1% |
| First National Bank of Pennsylvania | $610,000 | n/a | 0.1% | |
| COUNTRYPLACE MORTGAGE, LTD. | $590,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $1,180,000 | $580,000 | -50.8% | 0.1% |
| Equity Prime Mortgage LLC | $335,000 | $575,000 | 71.6% | 0.1% |
| First Community Bank | $415,000 | $575,000 | 38.6% | 0.1% |
| NTFN, INC. | $265,000 | $565,000 | 113.2% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $1,680,000 | $555,000 | -67.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,130,000 | $555,000 | -50.9% | 0.1% |
| The Huntington National Bank | $95,000 | $555,000 | 484.2% | 0.1% |
| Fifth Third Bank | $1,565,000 | $540,000 | -65.5% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $480,000 | $540,000 | 12.5% | 0.1% |
| South Atlantic Bank | $545,000 | $535,000 | -1.8% | 0.1% |
| BancorpSouth Bank | $520,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $520,000 | n/a | 0.1% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $510,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $145,000 | $505,000 | 248.3% | 0.1% |
| SWBC MORTGAGE CORPORATION | $505,000 | n/a | 0.1% | |
| ANGEL OAK HOME LOANS LLC | $885,000 | $495,000 | -44.1% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $410,000 | $495,000 | 20.7% | 0.1% |
| The Central Trust Bank | $495,000 | n/a | 0.1% | |
| Acre Mortgage and Financial Inc | $490,000 | n/a | 0.1% | |
| CAPITAL CENTER, L.L.C. | $55,000 | $490,000 | 790.9% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $480,000 | n/a | 0.1% | |
| First Internet Bank of Indiana | $225,000 | $470,000 | 108.9% | 0.1% |
| Metro City Bank | $470,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $535,000 | $450,000 | -15.9% | 0.1% |
| Assurance Financial Group, L.L.C. | $305,000 | $450,000 | 47.5% | 0.1% |
| Network Funding, L.P. | $450,000 | n/a | 0.1% | |
| Princeton Mortgage Corporation | $185,000 | $430,000 | 132.4% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $410,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $2,010,000 | $400,000 | -80.1% | 0.1% |
| JUSTICE Federal Credit Union | $125,000 | $390,000 | 212.0% | 0.1% |
| PREMIER LENDING, INC. | $255,000 | $390,000 | 52.9% | 0.1% |
| M&T Bank | $640,000 | $385,000 | -39.8% | 0.1% |
| Palmetto Citizens Federal Credit Union | $315,000 | $385,000 | 22.2% | 0.1% |
| DEVELOPER'S MORTGAGE COMPANY | $370,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $1,915,000 | $355,000 | -81.5% | 0.0% |
| Strong Home Mortgage, LLC | $265,000 | $355,000 | 34.0% | 0.0% |
| United Bank | $185,000 | $355,000 | 91.9% | 0.0% |
| Uwharrie Bank | $460,000 | $350,000 | -23.9% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $345,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $1,355,000 | $345,000 | -74.5% | 0.0% |
| KELLER MORTGAGE, LLC | $285,000 | $340,000 | 19.3% | 0.0% |
| ACOPIA, LLC | $335,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $335,000 | n/a | 0.0% | |
| Coastal Carolina National Bank | $155,000 | $330,000 | 112.9% | 0.0% |
| MORTGAGE INVESTORS GROUP, INC. | $685,000 | $325,000 | -52.6% | 0.0% |
| RESIDENTIAL BANCORP. | $300,000 | $325,000 | 8.3% | 0.0% |
| EMM LOANS LLC | $355,000 | $320,000 | -9.9% | 0.0% |
| COMMUNITYAMERICA | $315,000 | n/a | 0.0% | |
| RAPID MORTGAGE COMPANY | $185,000 | $315,000 | 70.3% | 0.0% |
| Allen Tate Mortgage Partners, LLC | $305,000 | n/a | 0.0% | |
| VERITAS FUNDING, LLC | $305,000 | n/a | 0.0% | |
| Shamrock Home Loans, Inc. | $295,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $510,000 | $285,000 | -44.1% | 0.0% |
| TJC Mortgage, Inc. | $285,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $280,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $280,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage, LLC | $275,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $820,000 | $275,000 | -66.5% | 0.0% |
| Waterstone Mortgage Corporation | $275,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $140,000 | $270,000 | 92.9% | 0.0% |
| AmRes Corporation | $265,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $265,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,445,000 | $265,000 | -81.7% | 0.0% |
| Wilmington Savings Fund Society, FSB | $265,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $960,000 | $255,000 | -73.4% | 0.0% |
| Truliant Federal Credit Union | $370,000 | $250,000 | -32.4% | 0.0% |
| LATINO COMMUNITY CREDIT UNION | $245,000 | $240,000 | -2.0% | 0.0% |
| CITIZENS EQUITY FIRST | $235,000 | n/a | 0.0% | |
| GREENVILLE FEDERAL CREDIT UNION | $7,445,000 | $235,000 | -96.8% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $185,000 | $225,000 | 21.6% | 0.0% |
| FirstBank | $580,000 | $225,000 | -61.2% | 0.0% |
| PURDUE FEDERAL CREDIT UNION | $225,000 | n/a | 0.0% | |
| Arthur State Bank | $905,000 | $220,000 | -75.7% | 0.0% |
| BAY EQUITY LLC | $395,000 | $215,000 | -45.6% | 0.0% |
| BMO Harris Bank | $205,000 | n/a | 0.0% | |
| CAROLINA ONE MORTGAGE, LLC | $215,000 | $205,000 | -4.7% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $825,000 | $205,000 | -75.2% | 0.0% |
| Gateway First Bank | $1,290,000 | $205,000 | -84.1% | 0.0% |
| MIDLAND MORTGAGE CORPORATION | $985,000 | $205,000 | -79.2% | 0.0% |
| ZILLOW HOME LOANS, LLC | $1,215,000 | $205,000 | -83.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $195,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $165,000 | $195,000 | 18.2% | 0.0% |
| NFM, INC. | $730,000 | $195,000 | -73.3% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $280,000 | $195,000 | -30.4% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $115,000 | $195,000 | 69.6% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $190,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $185,000 | n/a | 0.0% | |
| MDE Home Loans, LLC | $185,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $185,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $185,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $765,000 | $175,000 | -77.1% | 0.0% |
| Encompass Lending Group, LP | $175,000 | n/a | 0.0% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $1,210,000 | $165,000 | -86.4% | 0.0% |
| DAS Acquisition Company, LLC | $165,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $165,000 | n/a | 0.0% | |
| Peoples Bank | $165,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $90,000 | $165,000 | 83.3% | 0.0% |
| First Merchants Bank | $155,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $1,015,000 | $155,000 | -84.7% | 0.0% |
| EMBRACE HOME LOANS, INC. | $145,000 | n/a | 0.0% | |
| S1L, Inc. | $145,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $65,000 | $145,000 | 123.1% | 0.0% |
| Cf Bank | $135,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $75,000 | $135,000 | 80.0% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $125,000 | n/a | 0.0% | |
| Arvest Bank | $885,000 | $125,000 | -85.9% | 0.0% |
| Discover Bank | $395,000 | $125,000 | -68.4% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $510,000 | $125,000 | -75.5% | 0.0% |
| Citibank | $625,000 | $120,000 | -80.8% | 0.0% |
| CAROLINA TRUST FEDERAL CREDIT UNION | $290,000 | $115,000 | -60.3% | 0.0% |
| CERTAINTY HOME LOANS, LLC | $425,000 | $115,000 | -72.9% | 0.0% |
| Marine Federal Credit Union | $115,000 | n/a | 0.0% | |
| Plains Commerce Bank | $115,000 | n/a | 0.0% | |
| Southern First Bank | $735,000 | $115,000 | -84.4% | 0.0% |
| Trustmark National Bank | $310,000 | $115,000 | -62.9% | 0.0% |
| COASTAL Federal Credit Union | $60,000 | $110,000 | 83.3% | 0.0% |
| FRANKLIN MINT | $105,000 | n/a | 0.0% | |
| Service Federal Credit Union | $105,000 | n/a | 0.0% | |
| SRP Federal Credit Union | $105,000 | n/a | 0.0% | |
| UTILITIES EMPLOYEES CREDIT UNION | $145,000 | $105,000 | -27.6% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $520,000 | $95,000 | -81.7% | 0.0% |
| Baxter Credit Union | $745,000 | $95,000 | -87.2% | 0.0% |
| West Town Bank & Trust | $95,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $85,000 | n/a | 0.0% | |
| Platinum Home Mortgage Corporation | $550,000 | $85,000 | -84.5% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $75,000 | n/a | 0.0% | |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $105,000 | $75,000 | -28.6% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $65,000 | n/a | 0.0% | |
| PROPONENT Federal Credit Union | $330,000 | $45,000 | -86.4% | 0.0% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% |
FLORENCE's top lender by overall market share is QUICKEN LOANS, LLC, with 7.2% market share. In second place, with 5.4%, is MOVEMENT MORTGAGE, LLC, having originated $38,635,000 in loans. In third place, with 4.0%, is First-Citizens Bank & Trust Company, having originated $28,735,000 in loans. In fourth place, with 3.9%, is First Bank, having originated $28,115,000 in loans. In fifth place, with 3.8%, is First Reliance Bank, having originated $27,085,000 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%) | $199,158 (4.1%) | 0.59 | 606 |
| 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%) | $199,443 (-4.5%) | 0.55 | 743 |
| 2019-04-01 | $172,425 (1.4%) | $203,938 (-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 | $217,000 (14.3%) | $626,604 (183.1%) | 0.58 | 576 |
| 2021-09-01 | $219,000 (15.3%) | $616,519 (174.7%) | 0.58 | 607 |
| 2021-10-01 | $217,000 (13.7%) | $648,424 (186.0%) | 0.58 | 567 |
| 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 | $242,450 (15.5%) | $275,365 (12.3%) | 0.55 | 517 |
| 2022-06-01 | $256,294 (20.6%) | $289,683 (18.1%) | 0.57 | 589 |
| 2022-07-01 | $264,836 (28.0%) | $287,929 (19.8%) | 0.60 | 608 |
| 2022-08-01 | $250,950 (15.7%) | $281,164 (-55.1%) | 0.58 | 617 |
| 2022-09-01 | $267,368 (22.1%) | $288,383 (-53.2%) | 0.63 | 609 |
| 2022-10-01 | $273,369 (26.0%) | $292,444 (-54.9%) | 0.64 | 609 |
| 2022-11-01 | $274,497 (23.4%) | $287,933 (-56.3%) | 0.66 | 584 |
| 2022-12-01 | $269,900 (19.9%) | $284,189 (7.3%) | 0.67 | 543 |
| 2023-01-01 | $260,473 (11.6%) | $279,411 (4.4%) | 0.65 | 529 |
| 2023-02-01 | $255,750 (7.0%) | $274,314 (0.8%) | 0.62 | 537 |
| 2023-03-01 | $261,448 (11.3%) | $285,462 (7.2%) | 0.62 | 497 |
| 2023-04-01 | $259,900 (10.6%) | $284,237 (4.8%) | 0.60 | 523 |
| 2023-05-01 | $266,723 (10.0%) | $291,368 (5.8%) | 0.60 | 500 |
| 2023-06-01 | $273,950 (6.9%) | $300,362 (3.7%) | 0.62 | 507 |
| 2023-07-01 | $276,990 (4.6%) | $301,539 (4.7%) | 0.63 | 519 |
| 2023-08-01 | $275,445 (9.8%) | $299,320 (6.5%) | 0.63 | 510 |
| 2023-09-01 | $271,576 (1.6%) | $292,625 (1.5%) | 0.63 | 509 |
| 2023-10-01 | $266,995 (-2.3%) | $289,964 (-0.9%) | 0.63 | 521 |
FLORENCE's median listing price for 2023-10-01 was $266,995, a difference of
$-6,374
(-2.3%) versus the prior year and
$-4,581 versus the prior month.
FLORENCE's median listing price comes in at 63% of the national average.
FLORENCE's average listing price for 2023-10-01 was $289,964, a difference of $-2,480 (-0.9%) versus the prior year and $-2,661 versus the prior month.
For the 2023-10-01 period, FLORENCE had 521 MLS listings, a difference of 12 listings (2%) versus the prior month and -88 listings (-14%) versus the prior year.
FLORENCE's median listing price comes in at 63% of the national average.
FLORENCE's average listing price for 2023-10-01 was $289,964, a difference of $-2,480 (-0.9%) versus the prior year and $-2,661 versus the prior month.
For the 2023-10-01 period, FLORENCE had 521 MLS listings, a difference of 12 listings (2%) versus the prior month and -88 listings (-14%) 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 | 1,905 sqft |
| 2019-04-01 | 82 days | 1,923 sqft |
| 2019-05-01 | 80 days | 1,988 sqft |
| 2019-06-01 | 79 days | 2,042 sqft |
| 2019-07-01 | 78 days | 2,075 sqft |
| 2019-08-01 | 80 days | 2,028 sqft |
| 2019-09-01 | 82 days | 1,985 sqft |
| 2019-10-01 | 82 days | 1,981 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 | 1,962 sqft |
| 2021-10-01 | 54 days | 1,880 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 | 1,901 sqft |
| 2022-03-01 | 44 days | 1,874 sqft |
| 2022-04-01 | 46 days | 1,837 sqft |
| 2022-05-01 | 38 days | 1,826 sqft |
| 2022-06-01 | 37 days | 1,919 sqft |
| 2022-07-01 | 44 days | 1,956 sqft |
| 2022-08-01 | 54 days | 1,945 sqft |
| 2022-09-01 | 55 days | 1,964 sqft |
| 2022-10-01 | 57 days | 1,999 sqft |
| 2022-11-01 | 64 days | 2,044 sqft |
| 2022-12-01 | 74 days | 1,961 sqft |
| 2023-01-01 | 81 days | 1,956 sqft |
| 2023-02-01 | 76 days | 1,947 sqft |
| 2023-03-01 | 65 days | 1,957 sqft |
| 2023-04-01 | 55 days | 1,922 sqft |
| 2023-05-01 | 51 days | 1,968 sqft |
| 2023-06-01 | 51 days | 1,962 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 |
FLORENCE's median listing age (time on market) for 2023-10-01 was 52 days.
This
is -8%
shorter
than the same period one year ago.
FLORENCE's median square footage for active listings during the 2023-10-01 period was 1,920 sqft. One year prior, the average listing was 1,999 sqft.
FLORENCE's median square footage for active listings during the 2023-10-01 period was 1,920 sqft. One year prior, the average listing was 1,999 sqft.
FLORENCE, SC Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 29114 | Florence, SC | $680 | $720 | $920 | $1,160 | $1,300 |
| 29161 | Florence, SC | $640 | $660 | $840 | $1,060 | $1,180 |
| 29501 | Florence, SC | $690 | $690 | $900 | $1,140 | $1,270 |
| 29502 | Florence, SC | $630 | $630 | $830 | $1,050 | $1,170 |
| 29503 | Florence, SC | $630 | $630 | $830 | $1,050 | $1,170 |
| 29504 | Florence, SC | $630 | $630 | $830 | $1,050 | $1,170 |
| 29505 | Florence, SC | $730 | $730 | $960 | $1,220 | $1,350 |
| 29506 | Florence, SC | $560 | $560 | $730 | $930 | $1,080 |
| 29530 | Florence, SC | $560 | $560 | $730 | $930 | $1,080 |
| 29532 | Florence, SC | $580 | $620 | $730 | $940 | $1,080 |
| 29541 | Florence, SC | $720 | $730 | $950 | $1,200 | $1,340 |
| 29554 | Florence, SC | $620 | $630 | $820 | $1,040 | $1,160 |
| 29555 | Florence, SC | $560 | $560 | $730 | $930 | $1,080 |
| 29560 | Florence, SC | $560 | $570 | $740 | $940 | $1,080 |
| 29583 | Florence, SC | $570 | $570 | $750 | $950 | $1,080 |
| 29591 | Florence, SC | $560 | $560 | $730 | $930 | $1,080 |
2022 Average & Median Rent Data Statistics
FLORENCE, SC average 1BR rent: $628, median: $630
FLORENCE, SC average 2BR rent: $814, median: $825
FLORENCE, SC average 3BR rent: $1,033, median: $1,045
FLORENCE, SC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,358 | $515,410,000 | $218,579 |
| Cash Out Refi | 542 | $90,210,000 | $166,439 |
| Refi | 444 | $85,590,000 | $192,770 |
| Other | 150 | $16,860,000 | $112,400 |
| Home Improvement | 120 | $10,860,000 | $90,500 |
Florence's most frequently cited loan purpose was Home Purchase, with 2,358 originations. The 2nd most popular reason was Cash Out Refi, with 542 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 852 | $165,920,000 | $194,742 |
| 3-4% | 770 | $169,510,000 | $220,143 |
| 4-5% | 744 | $165,580,000 | $222,554 |
| 6-7% | 389 | $71,135,000 | $182,866 |
| 2.5-3% | 187 | $36,515,000 | $195,267 |
| 7-8% | 149 | $21,175,000 | $142,114 |
| Over 8% | 129 | $13,655,000 | $105,853 |
| <2.5% | 109 | $11,935,000 | $109,495 |
During 2022, Florence's most frequently originated rate bucket was 5-6%, with 852 originations.
Loan Sizing (FLORENCE, SC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,449 | $213,285,000 | $147,195 |
| $200k-400k | 1,153 | $312,815,000 | $271,305 |
| $100,000 or less | 841 | $51,035,000 | $60,684 |
| $400k-600k | 132 | $61,830,000 | $468,409 |
| $600k-1000k | 23 | $15,795,000 | $686,739 |
| $Over $1MM | 16 | $64,170,000 | $4,010,625 |
FLORENCE's loan sizing saw the bucket of loans from $100k-200k with 1,449 originations, totaling $213,285,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,842 | $391,740,000 | $212,671 |
| 60-80% | 742 | $152,150,000 | $205,054 |
| 40-60% | 260 | $36,540,000 | $140,538 |
| 20-40% | 218 | $42,920,000 | $196,881 |
| Under 20% | 187 | $4,745,000 | $25,374 |
| Over 100% | 63 | $23,415,000 | $371,667 |
FLORENCE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,842 originations, totaling $391,740,000 in origination value.