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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 109 4.94% $6,000
MOVEMENT MORTGAGE, LLC 76 5.02% $4,826
First Reliance Bank 70 4.76% $3,858
FINANCE OF AMERICA MORTGAGE LLC 58 4.83% $6,259
First-Citizens Bank & Trust Company 46 4.64% $4,050
Wells Fargo Bank 43 4.88% $3,990
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 37 5.21% $4,863
Magnolia Bank 32 4.90% $6,395
South State Bank 32 4.82% $3,811
GUARANTEED RATE, INC. 31 4.83% $5,570
Truist 30 4.66% $4,361
CALIBER HOME LOANS, INC. 20 5.39% $5,176
GUILD MORTGAGE COMPANY 18 5.05% $5,218
UNITED WHOLESALE MORTGAGE, LLC 18 4.89% $6,192
SHARONVIEW FEDERAL CREDIT UNION 14 3.98% $4,616
U.S. Bank 14 5.11% $3,760
NAVY FEDERAL CREDIT UNION 13 5.60% $4,036
Mr. Cooper ( Nationstar Mortgage ) 13 4.43% $5,790
Citizens Bank 12 3.90% $3,260
CROSSCOUNTRY MORTGAGE, LLC 12 6.00% $5,871
PENNYMAC LOAN SERVICES, LLC 12 4.45% $4,474
DIRECT MORTGAGE LOANS, LLC 12 4.66% $4,889
MCLEAN MORTGAGE CORPORATION 11 6.08% $4,489
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 4.49% $4,789
Bank of America 9 4.56% $3,358
JPMorgan Chase Bank 9 5.23% $2,390
21ST MORTGAGE CORPORATION 8 6.78% $6,570
SOUTH CAROLINA FEDERAL CREDIT UNION 8 5.20% $4,723
FOUNDERS FEDERAL CREDIT UNION 7 5.04% $2,772
LOANDEPOT.COM, LLC 7 4.80% $6,576
PNC Bank 7 4.55% $4,422
VANDERBILT MORTGAGE AND FINANCE, INC. 7 5.22% $4,320
SUMMIT FUNDING, INC. 6 4.67% $6,025
AMERISAVE MORTGAGE CORPORATION 6 4.39% $4,938
Regions Bank 6 4.98% $3,774
BROKER SOLUTIONS, INC. 6 5.50% $6,408
Flagstar Bank, FSB 6 4.79% $5,064
RESOURCE FINANCIAL SERVICES, INC. 6 5.46% $6,094
United Community Bank 6 4.85% $4,641
HONDA Federal Credit Union 5 4.20% $5,055
STATE EMPLOYEES' 5 3.94% $4,358
AMERICAN FINANCING CORPORATION 5 4.62% $5,550
MORTGAGE ACCESS CORP. 5 5.89% $6,813
NEWREZ LLC 5 5.25% $4,140
INSPIRE HOME LOANS INC. 5 5.53% $7,417
Ally Bank 5 5.03% $3,858
First Bank 4 4.34% $5,490
Carrington Mortgage Services, LLC 4 5.16% $5,712
First Palmetto Bank 4 4.88% $3,421
GSF Mortgage Corporation 4 6.84% $4,823
HOMESIDE FINANCIAL, LLC 4 5.28% $6,875
TD Bank 4 4.91% $3,879
GUARANTY HOME MORTGAGE CORPORATION 4 3.84% $4,630
RUOFF MORTGAGE COMPANY, INC. 3 3.96% $3,530
BETTER MORTGAGE CORPORATION 3 3.63% $4,179
T2 FINANCIAL LLC 3 5.67% $5,534
CARDINAL FINANCIAL 3 5.13% $6,568
INTERCOASTAL MORTGAGE COMPANY 3 6.12% $2,787
SUCCESS MORTGAGE PARTNERS, INC. 2 4.06% $4,680
ALLIED MORTGAGE GROUP, INC. 2 4.69% $6,473
Evolve Bank & Trust 2 4.31% $5,814
GUARANTEED RATE AFFINITY, LLC 2 5.13% $6,270
Fifth Third Bank 2 3.93% $3,628
FREEDOM MORTGAGE CORPORATION 2 4.38% $5,168
CMG MORTGAGE, INC. 2 4.87% $6,428
First Internet Bank of Indiana 2 5.31% $3,229
Network Funding, L.P. 2 5.94% $3,814
USAA Federal Savings Bank 2 7.25% $5,302
EQUITY RESOURCES, INC. 2 5.13% $3,099
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.56% $5,402
CAPITAL CENTER, L.L.C. 2 4.50% $5,383
M&T Bank 2 3.50% $3,601
Wyndham Capital Mortgage, Inc. 2 5.31% $2,328
Mortgage Research Center, LLC 2 6.44% $4,338
EMM LOANS LLC 2 4.38% $8,453
HOME POINT FINANCIAL CORPORATION 2 7.00% $6,652
American Security Mortgage Corp. 2 4.56% $3,388
Renasant Bank 2 5.00% $6,472
First Guaranty Mortgage Corporation 2 4.94% $5,608
PREMIA MORTGAGE, LLC 2 5.11% $75
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 5.00% $4,916
MORTGAGE INVESTORS GROUP, INC. 2 5.75% $3,372
Prosperity Home Mortgage, LLC 2 4.44% $4,297
Ameris Bank 2 4.88% $5,178
JUSTICE Federal Credit Union 2 4.00% $4,189
Synovus Bank 2 4.50% $2,525
First Horizon Bank 2 5.31% $4,078
ZILLOW HOME LOANS, LLC 1 3.25% $5,621
ACOPIA, LLC 1 3.75% $8,877
Alcova Mortgage LLC 1 4.13% $550
Allen Tate Mortgage Partners, LLC 1 6.13% $5,928
AMERICAN ADVISORS GROUP 1 4.38% $3,297
AMERICAN PACIFIC MORTGAGE CORPORATION 1 4.88% $6,864
ANGEL OAK HOME LOANS LLC 1 8.13% $8,623
Arvest Bank 1 4.38% $6,103
Assurance Financial Group, L.L.C. 1 3.50% $3,909
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 3.88% $3,811
BancorpSouth 1 4.63% $3,985
BAYSHORE MORTGAGE FUNDING, LLC 1 6.50% $13,999
BMO Harris Bank 1 5.38% $3,798
CAROLINA ONE MORTGAGE, LLC 1 4.63% $5,755
CAROLINA TRUST FEDERAL CREDIT UNION 1 6.00% $3,912
CHURCHILL MORTGAGE CORPORATION 1 5.38% $3,652
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 4.00% $5,102
Coastal Carolina National Bank 1 5.25% $3,869
Colten Mortgage, LLC 1 6.50% $9,535
COMMUNITYAMERICA 1 5.00% $5,562
CONTOUR MORTGAGE CORPORATION 1 5.75% $5,033
CORNERSTONE HOME LENDING, INC. 1 5.00% $9,767
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.38% $3,227
DELMAR FINANCIAL COMPANY 1 4.63% $5,467
DEVELOPER'S MORTGAGE COMPANY 1 4.75% $4,608
EMBRACE HOME LOANS, INC. 1 3.00% $6,117
EVERETT FINANCIAL, INC. 1 6.50% $2,846
FBC MORTGAGE, LLC 1 5.25% $6,959
First Community Bank 1 4.00% $7,434
First Merchants Bank 1 3.25% $4,431
First National Bank of Pennsylvania 1 3.00% $3,948
FRANKLIN MINT 1 4.50% $3,117
Gateway First Bank 1 3.75% $1,857
GENEVA FINANCIAL, LLC 1 3.88% $4,353
GoPrime Mortgage, Inc. 1 5.99% $6,947
GREENVILLE FEDERAL CREDIT UNION 1 3.25% $5,279
Hometown Lenders, Inc. 1 4.50% $8,591
INTERLINC MORTGAGE SERVICES, LLC 1 3.63% $3,654
KELLER MORTGAGE, LLC 1 5.50% $2,291
Lakeview Community Capital, LLC 1 3.38% $1,753
LAKEVIEW LOAN SERVICING, LLC 1 4.75% $2,173
LEADERONE FINANCIAL CORPORATION 1 5.13% $7,413
LOANPAL, LLC 1 4.25% $4,687
Mortgage Network, Inc. 1 5.13% $3,365
NATIONWIDE MORTGAGE BANKERS, INC. 1 5.88% $8,363
NMSI, INC. 1 3.75% $3,902
North American Savings Bank, F.S.B. 1 5.63% $9,383
Northpointe Bank 1 4.99% $5,345
NTFN, INC. 1 3.38% $3,733
OAKTREE FUNDING CORP. 1 7.50% $7,528
Palmetto Citizens Federal Credit Union 1 5.75% $4,914
PENTAGON FEDERAL CREDIT UNION 1 5.38% $2,769
PHH Mortgage Corporation 1 6.75% $5,872
Plains Commerce Bank 1 6.00% $8,228
Platinum Home Mortgage Corporation 1 4.25% $4,312
PREMIER LENDING, INC. 1 7.13% $9,075
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.50% $5,811
Princeton Mortgage Corporation 1 6.00% $6,446
PROVIDENT FUNDING ASSOCIATES, L.P. 1 4.88% $4,508
PURDUE FEDERAL CREDIT UNION 1 5.63% $3,939
RELIANCE FIRST CAPITAL, LLC 1 4.50% $5,939
RESIDENTIAL BANCORP 1 4.99% $9,297
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.75% $4,247
S1L, Inc. 1 5.38% $3,957
South Atlantic Bank 1 5.13% $4,222
Stifel Bank and Trust 1 4.88% $2,841
SUN WEST MORTGAGE COMPANY, INC. 1 6.75% $4,982
SWBC MORTGAGE CORPORATION 1 5.50% $0
The Central Trust Bank 1 4.12% $4,048
The Huntington National Bank 1 4.38% $5,702
TIDEWATER MORTGAGE SERVICES, INC. 1 4.88% $8,851
Truliant Federal Credit Union 1 4.88% $2,702
Trustmark National Bank 1 5.75% $4,278
Uwharrie Bank 1 3.50% $3,204

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.

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, 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
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.