FLORENCE Mortgage Rates

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

30 Year Fixed Rate mortgages in Florence averaged 5.48% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.35% and one month ago for the week of 2022-04-07, the average rate was 5%.

Florence's average rate one year ago was 3.09%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.63%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Florence 30 Year Fixed Rate 2022-05-12 5.48%
Florence 30 Year Fixed Rate Refi 2022-05-12 5.63%
Florence 15 Year Fixed Rate 2022-05-12 4.65%
Florence 15 Year Fixed Rate Refi 2022-05-12 4.81%
Florence 30 Year FHA 2022-05-12 5.54%
Florence 30 Year FHA Refi 2022-05-12 5.24%
Florence 30 Year USDA 2022-05-12 5.44%
Florence 30 Year USDA Refi 2022-05-12 5.45%
Florence 30 Year VA 2022-05-12 5.5%
Florence 30 Year VA Refi 2022-05-12 5.25%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 198 3.10% $5,130
First Reliance Bank 122 3.22% $3,496
FINANCE OF AMERICA MORTGAGE LLC 119 3.22% $4,774
GUARANTEED RATE, INC. 112 3.12% $4,611
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 107 3.23% $4,097
First-Citizens Bank & Trust Company 93 3.15% $3,979
Wells Fargo Bank 65 3.30% $3,316
LENDUS, LLC 64 3.19% $4,035
MOVEMENT MORTGAGE, LLC 48 3.20% $3,440
Magnolia Bank 41 3.35% $5,090
Truist Bank 39 3.05% $3,690
South State Bank 38 3.39% $4,039
AMERISAVE MORTGAGE CORPORATION 26 2.96% $4,853
PENNYMAC LOAN SERVICES, LLC 26 3.11% $3,383
LOANDEPOT.COM, LLC 25 3.27% $5,339
Citizens Bank 24 3.08% $3,356
SHARONVIEW FEDERAL CREDIT UNION 24 3.11% $2,667
U.S. Bank 19 3.02% $3,339
Mr. Cooper ( Nationstar Mortgage ) 17 3.35% $5,292
Flagstar Bank, FSB 17 3.36% $3,884
GUILD MORTGAGE COMPANY 17 3.37% $4,699
RESIDENTIAL MORTGAGE SERVICES, INC. 15 3.06% $3,982
NAVY FEDERAL CREDIT UNION 14 3.50% $4,680
First Bank 14 2.99% $4,465
SOUTH CAROLINA FEDERAL CREDIT UNION 13 3.08% $6,429
BETTER MORTGAGE CORPORATION 13 2.93% $3,296
JPMorgan Chase Bank 13 3.07% $1,978
RESOURCE FINANCIAL SERVICES, INC. 12 3.41% $3,825
FREEDOM MORTGAGE CORPORATION 11 3.27% $3,391
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 11 2.98% $3,890
UNITED WHOLESALE MORTGAGE, LLC 11 3.18% $4,709
PNC Bank 10 3.19% $3,644
Bank of America 10 2.73% $3,499
NEWREZ LLC 10 3.51% $3,742
BROKER SOLUTIONS, INC. 9 3.18% $5,209
Ameris Bank 8 3.16% $4,211
CALIBER HOME LOANS, INC. 8 3.16% $3,319
PREMIA MORTGAGE, LLC 8 2.77% $120
HONDA Federal Credit Union 8 2.86% $5,575
United Community Bank 7 3.27% $4,893
FOUNDERS FEDERAL CREDIT UNION 7 3.50% $3,247
HOMESIDE FINANCIAL, LLC 7 3.11% $4,224
AMERICAN FINANCING CORPORATION 6 2.94% $4,358
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 3.08% $3,885
InterContinental Capital Group, Inc 6 3.46% $4,897
Stifel Bank and Trust 6 2.75% $2,810
First Palmetto Bank 6 2.94% $3,275
Alcova Mortgage LLC 5 3.50% $3,977
SOUTHPOINT FINANCIAL SERVICES, INC. 5 3.18% $4,748
ROYAL UNITED MORTGAGE LLC 5 3.85% $4,510
ZILLOW HOME LOANS, LLC 4 3.22% $4,176
Arvest Bank 4 3.13% $3,884
GUARANTY HOME MORTGAGE CORPORATION 4 3.66% $4,515
Northpointe Bank 4 3.25% $7,293
PENTAGON FEDERAL CREDIT UNION 4 3.09% $2,620
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 2.97% $4,955
RESIDENTIAL HOME FUNDING CORP. 4 3.13% $4,195
SECURITYNATIONAL MORTGAGE COMPANY 4 3.62% $5,402
STATE EMPLOYEES' 4 3.20% $3,824
SUCCESS MORTGAGE PARTNERS, INC. 4 3.15% $3,628
VANDERBILT MORTGAGE AND FINANCE, INC. 4 3.00% $3,865
Mortgage Research Center, LLC 3 2.79% $3,876
Discover Bank 3 5.49% $0
CALCON MUTUAL MORTGAGE LLC 3 3.42% $6,368
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.33% $3,696
American Security Mortgage Corp. 3 3.21% $3,155
GUARANTEED RATE AFFINITY, LLC 3 3.08% $3,495
Synovus Bank 3 3.58% $3,326
Arthur State Bank 3 2.94% $3,339
LOANPAL, LLC 3 3.25% $6,881
PREMIER LENDING, INC. 3 3.33% $3,609
TD Bank 3 3.25% $3,856
Ally Bank 3 2.83% $3,917
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 3.13% $4,630
MIDLAND MORTGAGE CORPORATION 3 3.50% $3,065
TOWNE MORTGAGE COMPANY 2 2.94% $7,865
Nations Lending Corporation 2 3.94% $7,239
CAROLINA TRUST FEDERAL CREDIT UNION 2 3.28% $3,413
Raymond James Bank 2 2.56% $2,646
First Federal Bank 2 3.06% $5,808
Regions Bank 2 2.75% $4,121
Renasant Bank 2 3.13% $2,980
First Horizon Bank 2 2.88% $3,942
NFM, INC. 2 3.25% $3,960
HOME POINT FINANCIAL CORPORATION 2 3.87% $4,223
Fifth Third Bank 2 3.25% $4,440
MCLEAN MORTGAGE CORPORATION 2 2.99% $3,915
S. C. STATE FEDERAL CREDIT UNION 2 3.13% $1,524
LAKEVIEW LOAN SERVICING, LLC 2 3.19% $6,280
AMERICAN INTERNET MORTGAGE, INC. 2 2.81% $2,628
Mortgage Network, Inc. 2 2.88% $3,574
ARC HOME LLC 2 3.13% $3,106
AmeriHome Mortgage Company, LLC 2 3.81% $3,478
Colten Mortgage, LLC 2 3.19% $3,129
CROSSCOUNTRY MORTGAGE, LLC 2 3.12% $5,028
T2 FINANCIAL LLC 2 3.38% $3,984
US MORTGAGE CORPORATION 2 3.06% $4,245
Baxter Credit Union 2 3.25% $2,513
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.56% $5,877
PHH Mortgage Corporation 1 2.75% $7,890
Platinum Home Mortgage Corporation 1 3.13% $5,044
POLARIS HOME FUNDING CORP. 1 3.88% $2,519
Blue Ridge Bank 1 3.38% $3,399
PROPONENT Federal Credit Union 1 3.38% $3,414
Queensborough National Bank & Trust Company 1 2.50% $193
BANKSOUTH MORTGAGE COMPANY, LLC 1 3.13% $3,281
RELIANCE FIRST CAPITAL, LLC 1 2.88% $4,637
ALLIED MORTGAGE GROUP, INC. 1 2.63% $1,274
ATLANTA POSTAL 1 3.38% $3,706
Assurance Financial Group, L.L.C. 1 3.37% $5,155
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $0
Sandy Spring Bank 1 4.38% $3,454
ASSEMBLIES OF GOD Credit Union 1 2.75% $2,432
SIRVA MORTGAGE, INC. 1 3.13% $1,751
SOFI LENDING CORP. 1 3.13% $2,848
South Atlantic Bank 1 2.75% $3,501
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.75% $4,677
Wolfe Financial, Inc 1 4.50% $3,679
Strong Home Mortgage, LLC 1 3.38% $575
Wyndham Capital Mortgage, Inc. 1 2.88% $1,585
SUMMIT FUNDING, INC. 1 3.38% $4,766
TCF National Bank 1 3.25% $3,316
The Huntington National Bank 1 3.25% $2,933
TIAA, FSB 1 3.13% $3,507
EMM LOANS LLC 1 3.13% $11,830
AMERIFIRST FINANCIAL CORPORATION 1 3.63% $4,420
Truliant Federal Credit Union 1 3.25% $2,688
First Community Bank 1 3.00% $6,817
First Federal Bank of Kansas City 1 3.00% $3,408
First Guaranty Mortgage Corporation 1 3.63% $2,336
FIRST HOME MORTGAGE CORPORATION 1 3.25% $2,197
First Midwest Bank 1 2.75% $2,265
First Mortgage Solutions, LLC 1 3.38% $2,778
TOTAL MORTGAGE SERVICES, LLC 1 3.50% $5,070
First Savings Bank 1 2.88% $3,553
Elements Financial Federal Credit Union 1 3.38% $2,859
DOMINION ENERGY CREDIT UNION 1 3.00% $3,056
Gateway First Bank 1 3.25% $2,203
Gold Coast Bank 1 2.50% $3,741
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 2.63% $6,517
GSF Mortgage Corporation 1 2.75% $2,570
DIRECT MORTGAGE LOANS, LLC 1 2.88% $4,601
CRESCENT MORTGAGE COMPANY 1 3.63% $4,919
Hometown Lenders, Inc. 1 2.75% $8,171
HomeTrust Bank 1 3.13% $3,299
CREDIT UNION ONE 1 2.88% $3,429
INSPIRE HOME LOANS INC. 1 3.75% $2,632
Countybank 1 2.88% $2,177
CORNERSTONE HOME LENDING, INC. 1 3.00% $3,881
JUSTICE Federal Credit Union 1 3.13% $3,604
KELLER MORTGAGE, LLC 1 3.50% $4,139
KeyBank 1 2.63% $4,537
Lakeview Community Capital, LLC 1 4.13% $2,721
LAND HOME FINANCIAL SERVICES, INC. 1 3.38% $4,341
LATINO COMMUNITY CREDIT UNION 1 6.00% $4,845
Colonial Savings, F.A. 1 3.00% $701
Coastal Carolina National Bank 1 3.38% $2,948
Mid-Atlantic Federal Credit Union 1 2.88% $2,173
MORIA DEVELOPMENT, INC. 1 3.50% $4,029
MORTGAGE ACCESS CORP. 1 2.99% $3,353
MORTGAGE INVESTORS GROUP, INC. 1 2.88% $5,233
CMG MORTGAGE, INC. 1 2.99% $3,566
Citibank 1 3.00% $4,288
CAROLINA ONE MORTGAGE, LLC 1 2.99% $3,987
USAA Federal Savings Bank 1 3.25% $2,349
NORTHWEST BANK OF ROCKFORD 1 3.38% $2,550
Northwest Federal Credit Union 1 3.38% $2,701
OCEANSIDE MORTGAGE COMPANY 1 3.38% $3,014
ON Q FINANCIAL, INC. 1 3.25% $3,114
Palmetto Citizens Federal Credit Union 1 3.00% $4,427
CAPITAL CENTER, L.L.C. 1 3.50% $2,039

FLORENCE, SC's 171 lenders originated 5,572 loans during 2021. The total origination value was $1,034,900,000, with an average loan value of $185,732.

The top FLORENCE lender as defined by loan originations is QUICKEN LOANS, LLC, with 198 loans originated. Their average total fees are $5,130, which is $1,634 higher than the next largest lender, First Reliance Bank.

The lowest fee FLORENCE lenders (with over 10 loans originated) are JPMorgan Chase Bank ($1,978), SHARONVIEW FEDERAL CREDIT UNION ($2,667), BETTER MORTGAGE CORPORATION ($3,296), Wells Fargo Bank ($3,316) and U.S. Bank ($3,339).

The lowest rate FLORENCE lenders (with over 10 loans originated) are Bank of America (2.73%), BETTER MORTGAGE CORPORATION (2.93%), AMERISAVE MORTGAGE CORPORATION (2.96%), CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP (2.98%) and First Bank (2.99%).

FLORENCE, 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
QUICKEN LOANS, LLC $74,455,000 $97,005,000 30.3% 9.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $42,310,000 $58,470,000 38.2% 5.6%
GUARANTEED RATE, INC. $49,615,000 $54,455,000 9.8% 5.3%
FINANCE OF AMERICA MORTGAGE LLC $52,060,000 $51,925,000 -0.3% 5.0%
First Reliance Bank $64,920,000 $51,235,000 -21.1% 5.0%
First-Citizens Bank & Trust Company $37,955,000 $45,360,000 19.5% 4.4%
FREEDOM MORTGAGE CORPORATION $26,650,000 $38,085,000 42.9% 3.7%
LENDUS, LLC $26,430,000 $29,920,000 13.2% 2.9%
Wells Fargo Bank $18,405,000 $28,555,000 55.1% 2.8%
Carolina Bank & Trust $25,845,000 n/a 2.5%
First Bank $25,030,000 $25,070,000 0.2% 2.4%
MOVEMENT MORTGAGE, LLC $16,995,000 $21,005,000 23.6% 2.0%
Magnolia Bank $28,015,000 $19,610,000 -30.0% 1.9%
LOANDEPOT.COM, LLC $14,655,000 $19,475,000 32.9% 1.9%
KeyBank $17,820,000 n/a 1.7%
Truist Bank $20,095,000 $16,155,000 -19.6% 1.6%
PENNYMAC LOAN SERVICES, LLC $5,840,000 $15,890,000 172.1% 1.5%
Mortgage Research Center, LLC $13,105,000 $15,030,000 14.7% 1.5%
South State Bank $8,470,000 $14,745,000 74.1% 1.4%
Mr. Cooper ( Nationstar Mortgage ) $11,880,000 $12,375,000 4.2% 1.2%
21ST MORTGAGE CORPORATION $12,485,000 $12,045,000 -3.5% 1.2%
GUILD MORTGAGE COMPANY $5,985,000 $11,900,000 98.8% 1.1%
The Citizens Bank $15,070,000 $11,365,000 -24.6% 1.1%
LAKEVIEW LOAN SERVICING, LLC $5,350,000 $10,480,000 95.9% 1.0%
SHARONVIEW FEDERAL CREDIT UNION $14,415,000 $10,205,000 -29.2% 1.0%
SPC Credit Union $16,220,000 $9,385,000 -42.1% 0.9%
RESIDENTIAL MORTGAGE SERVICES, INC. $16,195,000 $9,130,000 -43.6% 0.9%
AMERISAVE MORTGAGE CORPORATION $6,680,000 $9,085,000 36.0% 0.9%
VANDERBILT MORTGAGE AND FINANCE, INC. $6,305,000 $8,465,000 34.3% 0.8%
Citizens Bank $6,725,000 $8,355,000 24.2% 0.8%
GREENVILLE FEDERAL CREDIT UNION $165,000 $7,445,000 4,412.1% 0.7%
Anderson Brothers Bank $3,510,000 $7,220,000 105.7% 0.7%
SAFE FEDERAL CREDIT UNION $4,855,000 $7,085,000 45.9% 0.7%
GREYSTONE SERVICING COMPANY LLC $6,645,000 n/a 0.6%
NAVY FEDERAL CREDIT UNION $5,275,000 $6,475,000 22.7% 0.6%
U.S. Bank $5,940,000 $6,230,000 4.9% 0.6%
CALIBER HOME LOANS, INC. $2,990,000 $5,865,000 96.2% 0.6%
SUMMIT FUNDING, INC. $5,815,000 n/a 0.6%
NEWREZ LLC $2,580,000 $5,800,000 124.8% 0.6%
BETTER MORTGAGE CORPORATION $1,980,000 $5,565,000 181.1% 0.5%
Flagstar Bank, FSB $3,255,000 $5,345,000 64.2% 0.5%
UNITED WHOLESALE MORTGAGE, LLC $3,830,000 $5,205,000 35.9% 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,330,000 $4,915,000 47.6% 0.5%
Lakeview Community Capital, LLC $5,475,000 $4,660,000 -14.9% 0.5%
RESOURCE FINANCIAL SERVICES, INC. $3,825,000 $4,570,000 19.5% 0.4%
JPMorgan Chase Bank $3,200,000 $4,560,000 42.5% 0.4%
SOUTH CAROLINA FEDERAL CREDIT UNION $4,670,000 $4,425,000 -5.2% 0.4%
USAA Federal Savings Bank $4,580,000 $4,135,000 -9.7% 0.4%
BROKER SOLUTIONS, INC. $2,470,000 $3,890,000 57.5% 0.4%
PNC Bank $1,545,000 $3,780,000 144.7% 0.4%
United Community Bank $3,155,000 $3,730,000 18.2% 0.4%
Bank of America $4,335,000 $3,705,000 -14.5% 0.4%
Carrington Mortgage Services, LLC $2,810,000 $3,315,000 18.0% 0.3%
NEW DAY FINANCIAL, LLC $1,495,000 $2,945,000 97.0% 0.3%
HONDA Federal Credit Union $2,665,000 $2,785,000 4.5% 0.3%
SUCCESS MORTGAGE PARTNERS, INC. $1,130,000 $2,740,000 142.5% 0.3%
FOUNDERS FEDERAL CREDIT UNION $820,000 $2,660,000 224.4% 0.3%
INSPIRE HOME LOANS INC. $575,000 $2,635,000 358.3% 0.3%
PREMIA MORTGAGE, LLC $1,030,000 $2,595,000 151.9% 0.3%
GUARANTY HOME MORTGAGE CORPORATION $3,635,000 $2,535,000 -30.3% 0.2%
AMERICAN FINANCING CORPORATION $2,085,000 $2,245,000 7.7% 0.2%
American Security Mortgage Corp. $1,840,000 $2,245,000 22.0% 0.2%
Renasant Bank $2,385,000 $2,210,000 -7.3% 0.2%
SOUTHPOINT FINANCIAL SERVICES, INC. $1,930,000 $2,210,000 14.5% 0.2%
Ameris Bank $2,065,000 $2,130,000 3.1% 0.2%
Apex Bank $2,075,000 n/a 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $2,600,000 $2,010,000 -22.7% 0.2%
HOMESIDE FINANCIAL, LLC $405,000 $2,005,000 395.1% 0.2%
PENTAGON FEDERAL CREDIT UNION $95,000 $1,960,000 1,963.2% 0.2%
River Bank $1,960,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,655,000 $1,925,000 -27.5% 0.2%
Stifel Bank and Trust $485,000 $1,915,000 294.8% 0.2%
Synovus Bank $4,735,000 $1,880,000 -60.3% 0.2%
The Federal Savings Bank $1,720,000 $1,845,000 7.3% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,440,000 $1,800,000 25.0% 0.2%
GENEVA FINANCIAL, LLC $1,755,000 n/a 0.2%
MCLEAN MORTGAGE CORPORATION $1,725,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,035,000 $1,705,000 -16.2% 0.2%
PANORAMA MORTGAGE GROUP, LLC $1,680,000 n/a 0.2%
First Palmetto Bank $1,100,000 $1,655,000 50.5% 0.2%
RESIDENTIAL HOME FUNDING CORP. $1,600,000 n/a 0.2%
Fifth Third Bank $470,000 $1,565,000 233.0% 0.2%
CLEARPATH LENDING $2,490,000 $1,540,000 -38.2% 0.1%
S. C. STATE FEDERAL CREDIT UNION $1,990,000 $1,485,000 -25.4% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,595,000 $1,445,000 -9.4% 0.1%
InterContinental Capital Group, Inc $1,555,000 $1,440,000 -7.4% 0.1%
LOANPAL, LLC $1,875,000 $1,435,000 -23.5% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $430,000 $1,410,000 227.9% 0.1%
LIMA ONE CAPITAL, LLC $675,000 $1,355,000 100.7% 0.1%
Gateway First Bank $255,000 $1,290,000 405.9% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,435,000 $1,280,000 -10.8% 0.1%
Ally Bank $775,000 $1,230,000 58.7% 0.1%
First Guaranty Mortgage Corporation $3,065,000 $1,225,000 -60.0% 0.1%
Northpointe Bank $1,500,000 $1,220,000 -18.7% 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,130,000 $1,215,000 7.5% 0.1%
ZILLOW HOME LOANS, LLC $805,000 $1,215,000 50.9% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,470,000 $1,210,000 -17.7% 0.1%
Raymond James Bank $1,190,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $135,000 $1,185,000 777.8% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,045,000 $1,180,000 12.9% 0.1%
GoPrime Mortgage, Inc. $565,000 $1,165,000 106.2% 0.1%
HOME POINT FINANCIAL CORPORATION $1,090,000 $1,145,000 5.0% 0.1%
Regions Bank $325,000 $1,145,000 252.3% 0.1%
STATE EMPLOYEES' $1,290,000 $1,145,000 -11.2% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,225,000 $1,130,000 -7.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,165,000 $1,125,000 -3.4% 0.1%
CMG MORTGAGE, INC. $810,000 $1,115,000 37.7% 0.1%
US MORTGAGE CORPORATION $1,035,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $870,000 $1,015,000 16.7% 0.1%
TD Bank $4,435,000 $1,015,000 -77.1% 0.1%
Paramount Residential Mortgage Group, Inc. $250,000 $1,010,000 304.0% 0.1%
TOWNE MORTGAGE COMPANY $1,005,000 n/a 0.1%
MIDLAND MORTGAGE CORPORATION $1,105,000 $985,000 -10.9% 0.1%
Alcova Mortgage LLC $735,000 $970,000 32.0% 0.1%
Colten Mortgage, LLC $960,000 n/a 0.1%
Hometown Lenders, Inc. $155,000 $955,000 516.1% 0.1%
Barrington Bank & Trust Company, N.A. $1,655,000 $935,000 -43.5% 0.1%
Presidential Bank, FSB $935,000 n/a 0.1%
Arthur State Bank $270,000 $905,000 235.2% 0.1%
ANGEL OAK HOME LOANS LLC $530,000 $885,000 67.0% 0.1%
Arvest Bank $420,000 $885,000 110.7% 0.1%
1ST SIGNATURE LENDING, LLC $470,000 $825,000 75.5% 0.1%
CORNERSTONE HOME LENDING, INC. $175,000 $825,000 371.4% 0.1%
ROYAL UNITED MORTGAGE LLC $1,265,000 $820,000 -35.2% 0.1%
First Federal Bank $520,000 $810,000 55.8% 0.1%
Nations Lending Corporation $1,675,000 $795,000 -52.5% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $680,000 $765,000 12.5% 0.1%
Baxter Credit Union $715,000 $745,000 4.2% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,320,000 $745,000 -43.6% 0.1%
CALCON MUTUAL MORTGAGE LLC $305,000 $735,000 141.0% 0.1%
Southern First Bank $830,000 $735,000 -11.4% 0.1%
NFM, INC. $480,000 $730,000 52.1% 0.1%
CHERRY CREEK MORTGAGE, LLC $720,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $320,000 $695,000 117.2% 0.1%
MORTGAGE INVESTORS GROUP, INC. $550,000 $685,000 24.5% 0.1%
PHH Mortgage Corporation $610,000 $660,000 8.2% 0.1%
ALLIED MORTGAGE GROUP, INC. $195,000 $655,000 235.9% 0.1%
Manufacturers and Traders Trust Company $105,000 $640,000 509.5% 0.1%
SIRVA MORTGAGE, INC. $1,170,000 $630,000 -46.2% 0.1%
Bank of England $680,000 $625,000 -8.1% 0.1%
Citibank $170,000 $625,000 267.6% 0.1%
PLANET HOME LENDING, LLC $345,000 $625,000 81.2% 0.1%
RUOFF MORTGAGE COMPANY, INC. $475,000 $600,000 26.3% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $595,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $590,000 n/a 0.1%
FirstBank $580,000 n/a 0.1%
OVM FINANCIAL, INC. $550,000 n/a 0.1%
Platinum Home Mortgage Corporation $1,005,000 $550,000 -45.3% 0.1%
Charles Schwab Bank, SSB $545,000 n/a 0.1%
COREVEST AMERICAN FINANCE LENDER LLC $545,000 n/a 0.1%
South Atlantic Bank $790,000 $545,000 -31.0% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $845,000 $535,000 -36.7% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $355,000 $520,000 46.5% 0.1%
First Horizon Bank $520,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $805,000 $510,000 -36.6% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $510,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $510,000 $480,000 -5.9% 0.0%
Low VA Rates, LLC $1,980,000 $465,000 -76.5% 0.0%
Uwharrie Bank $460,000 n/a 0.0%
LADERA LENDING, INC. $455,000 n/a 0.0%
Mortgage Network, Inc. $1,270,000 $455,000 -64.2% 0.0%
INTERCOASTAL MORTGAGE COMPANY $450,000 n/a 0.0%
CERTAINTY HOME LOANS, LLC $425,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $425,000 n/a 0.0%
First Community Bank $1,560,000 $415,000 -73.4% 0.0%
MID AMERICA MORTGAGE, INC. $410,000 n/a 0.0%
Queensborough National Bank & Trust Company $410,000 n/a 0.0%
BAY EQUITY LLC $395,000 n/a 0.0%
Discover Bank $215,000 $395,000 83.7% 0.0%
NP, Inc. $165,000 $380,000 130.3% 0.0%
Truliant Federal Credit Union $120,000 $370,000 208.3% 0.0%
Alpha Mortgage Corporation $355,000 n/a 0.0%
EMM LOANS LLC $355,000 n/a 0.0%
FIRST HOME MORTGAGE CORPORATION $215,000 $350,000 62.8% 0.0%
Black Hills Community Bank $345,000 n/a 0.0%
SOUTHWEST FUNDING, LP $365,000 $340,000 -6.8% 0.0%
TIAA, FSB $225,000 $340,000 51.1% 0.0%
Equity Prime Mortgage LLC $595,000 $335,000 -43.7% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $305,000 $335,000 9.8% 0.0%
PROPONENT Federal Credit Union $55,000 $330,000 500.0% 0.0%
KS StateBank $325,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $315,000 n/a 0.0%
Palmetto Citizens Federal Credit Union $225,000 $315,000 40.0% 0.0%
T2 FINANCIAL LLC $205,000 $315,000 53.7% 0.0%
Trustmark National Bank $450,000 $310,000 -31.1% 0.0%
Assurance Financial Group, L.L.C. $305,000 n/a 0.0%
MORTGAGE ACCESS CORP. $305,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $245,000 $300,000 22.4% 0.0%
RESIDENTIAL BANCORP. $300,000 n/a 0.0%
GSF Mortgage Corporation $295,000 n/a 0.0%
ROSS MORTGAGE CORPORATION $295,000 n/a 0.0%
CAROLINA TRUST FEDERAL CREDIT UNION $565,000 $290,000 -48.7% 0.0%
First Savings Bank $205,000 $290,000 41.5% 0.0%
KELLER MORTGAGE, LLC $205,000 $285,000 39.0% 0.0%
OCEANSIDE MORTGAGE COMPANY $465,000 $280,000 -39.8% 0.0%
ATLANTA POSTAL $275,000 n/a 0.0%
HomeTrust Bank $275,000 n/a 0.0%
ARC HOME LLC $185,000 $270,000 45.9% 0.0%
Evolve Bank & Trust $210,000 $265,000 26.2% 0.0%
NTFN, INC. $180,000 $265,000 47.2% 0.0%
Prime Choice Funding Inc. $205,000 $265,000 29.3% 0.0%
Strong Home Mortgage, LLC $265,000 n/a 0.0%
Countybank $765,000 $255,000 -66.7% 0.0%
First Midwest Bank $550,000 $255,000 -53.6% 0.0%
HOMESTEAD FUNDING CORP. $255,000 n/a 0.0%
PREMIER LENDING, INC. $275,000 $255,000 -7.3% 0.0%
AMERIFIRST FINANCIAL CORPORATION $365,000 $250,000 -31.5% 0.0%
LATINO COMMUNITY CREDIT UNION $245,000 n/a 0.0%
SOUTHERN TRUST MORTGAGE, LLC $490,000 $245,000 -50.0% 0.0%
Colonial Savings, F.A. $235,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $235,000 n/a 0.0%
SeaTrust Mortgage Company $235,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $235,000 $225,000 -4.3% 0.0%
First Internet Bank of Indiana $225,000 n/a 0.0%
CAROLINA ONE MORTGAGE, LLC $215,000 n/a 0.0%
Mid-Atlantic Federal Credit Union $205,000 $215,000 4.9% 0.0%
NATIONS DIRECT MORTGAGE, LLC $480,000 $205,000 -57.3% 0.0%
Gold Coast Bank $200,000 n/a 0.0%
ACCELERATE MORTGAGE, LLC $335,000 $195,000 -41.8% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $315,000 $185,000 -41.3% 0.0%
First Mortgage Solutions, LLC $185,000 n/a 0.0%
Princeton Mortgage Corporation $185,000 n/a 0.0%
RAPID MORTGAGE COMPANY $255,000 $185,000 -27.5% 0.0%
United Bank $315,000 $185,000 -41.3% 0.0%
EASTMAN $175,000 n/a 0.0%
RF Renovo Management Company, LLC $175,000 n/a 0.0%
Secured Investment Corp. $170,000 n/a 0.0%
DOMINION ENERGY CREDIT UNION $165,000 n/a 0.0%
First Federal Bank of Kansas City $245,000 $165,000 -32.7% 0.0%
First State Bank $165,000 n/a 0.0%
MID CAROLINA Credit Union $165,000 n/a 0.0%
Texana Bank $215,000 $165,000 -23.3% 0.0%
Associated Credit Union $160,000 n/a 0.0%
Blue Ridge Bank $155,000 n/a 0.0%
CityWorth Mortgage LLC $625,000 $155,000 -75.2% 0.0%
Coastal Carolina National Bank $255,000 $155,000 -39.2% 0.0%
PLAZA HOME MORTGAGE, INC. $155,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $470,000 $145,000 -69.1% 0.0%
HOMESPIRE MORTGAGE CORPORATION $145,000 n/a 0.0%
NBKC BANK $225,000 $145,000 -35.6% 0.0%
SOFI LENDING CORP. $165,000 $145,000 -12.1% 0.0%
STEARNS LENDING, LLC $145,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $145,000 n/a 0.0%
AMERICAN ADVISORS GROUP $615,000 $140,000 -77.2% 0.0%
CREDIT UNION ONE $135,000 n/a 0.0%
LAFAYETTE FEDERAL CREDIT UNION $135,000 n/a 0.0%
Northwest Federal Credit Union $135,000 n/a 0.0%
Pinnacle Bank $130,000 n/a 0.0%
ASSEMBLIES OF GOD Credit Union $125,000 n/a 0.0%
EVERETT FINANCIAL, INC. $195,000 $125,000 -35.9% 0.0%
First Option Mortgage, LLC $125,000 n/a 0.0%
JUSTICE Federal Credit Union $125,000 n/a 0.0%
TCF National Bank $125,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $125,000 n/a 0.0%
CRESCENT MORTGAGE COMPANY $755,000 $115,000 -84.8% 0.0%
First National Bank of America $115,000 n/a 0.0%
ON Q FINANCIAL, INC. $330,000 $115,000 -65.2% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $65,000 $115,000 76.9% 0.0%
Wolfe Financial, Inc $115,000 n/a 0.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $200,000 $105,000 -47.5% 0.0%
The Farmers National Bank of Canfield $105,000 n/a 0.0%
ALL REVERSE MORTGAGE, INC. $95,000 n/a 0.0%
Prosperity Home Mortgage, LLC $95,000 n/a 0.0%
The Huntington National Bank $95,000 n/a 0.0%
SPRING EQ, LLC $35,000 $90,000 157.1% 0.0%
CSL Financial, LLC $85,000 n/a 0.0%
NORTHWEST BANK OF ROCKFORD $85,000 n/a 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $75,000 n/a 0.0%
CELEBRITY HOME LOANS, LLC $75,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $125,000 $75,000 -40.0% 0.0%
LENDINGHOME FUNDING CORPORATION $280,000 $75,000 -73.2% 0.0%
The Park National Bank $75,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $75,000 $65,000 -13.3% 0.0%
COASTAL Federal Credit Union $205,000 $60,000 -70.7% 0.0%
CAPITAL CENTER, L.L.C. $55,000 n/a 0.0%
Elements Financial Federal Credit Union $55,000 n/a 0.0%
Sandy Spring Bank $55,000 n/a 0.0%
1st Franklin Financial Corporation $70,000 $40,000 -42.9% 0.0%
TOWER $55,000 $35,000 -36.4% 0.0%
MASSMUTUAL $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $15,000 n/a 0.0%

FLORENCE's top lender by overall market share is QUICKEN LOANS, LLC, with 9.4% market share. In second place, with 5.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $58,470,000 in loans. In third place, with 5.3%, is GUARANTEED RATE, INC., having originated $54,455,000 in loans. In third place, with 5.0%, is FINANCE OF AMERICA MORTGAGE LLC, having originated $51,925,000 in loans. In third place, with 5.0%, is First Reliance Bank, having originated $51,235,000 in loans.


FLORENCE, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,769 $554,265,000 $200,168
Refi 1,880 $337,030,000 $179,271
Cash Out Refi 737 $124,905,000 $169,478
Other 108 $12,690,000 $117,500
Home Improvement 78 $6,010,000 $77,051

Florence's most frequently cited loan purpose was Home Purchase, with 2,769 originations. The 2nd most popular reason was Refi, with 1,880 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,950 $384,580,000 $197,221
3-4% 1,947 $381,075,000 $195,724
<2.5% 898 $163,400,000 $181,960
4-5% 168 $22,510,000 $133,988
Over 8% 103 $8,695,000 $84,417
7-8% 76 $6,690,000 $88,026
6-7% 47 $4,445,000 $94,574
5-6% 37 $6,475,000 $175,000

During 2021, Florence's most frequently originated rate bucket was 2.5-3%, with 1,950 originations.

Loan Sizing (FLORENCE, SC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,651 $390,845,000 $147,433
$200k-400k 1,605 $424,775,000 $264,657
$100,000 or less 1,132 $73,400,000 $64,841
$400k-600k 142 $67,020,000 $471,972
$600k-1000k 29 $20,715,000 $714,310
$Over $1MM 13 $58,145,000 $4,472,692

FLORENCE's loan sizing saw the bucket of loans from $100k-200k with 2,651 originations, totaling $390,845,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,719 $527,405,000 $193,970
60-80% 1,503 $307,265,000 $204,434
40-60% 430 $61,680,000 $143,442
20-40% 161 $14,985,000 $93,075
Under 20% 159 $5,955,000 $37,453
Over 100% 66 $15,780,000 $239,091

FLORENCE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,719 originations, totaling $527,405,000 in origination value.


Market Conditions (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 $159,450 (2.9%) $198,203 (4.0%) 0.59 603
2018-02-01 $166,500 (5.0%) $204,714 (7.1%) 0.60 612
2018-03-01 $170,000 (6.6%) $207,202 (2.7%) 0.59 651
2018-04-01 $169,900 (6.3%) $207,892 (-0.5%) 0.57 674
2018-05-01 $177,450 (7.1%) $213,300 (-0.6%) 0.59 707
2018-06-01 $176,500 (6.4%) $212,496 (-0.6%) 0.59 721
2018-07-01 $174,950 (0.0%) $208,114 (-4.4%) 0.58 746
2018-08-01 $172,450 (0.0%) $203,357 (-5.9%) 0.58 746
2018-09-01 $174,240 (3.8%) $203,065 (-3.3%) 0.58 708
2018-10-01 $168,900 (-2.0%) $197,039 (-8.4%) 0.56 685
2018-11-01 $169,673 (-0.7%) $195,188 (-9.9%) 0.57 674
2018-12-01 $165,000 (1.3%) $192,935 (-1.6%) 0.57 672
2019-01-01 $166,450 (4.4%) $194,698 (-1.8%) 0.57 645
2019-02-01 $166,450 (0.0%) $195,811 (-4.4%) 0.56 640
2019-03-01 $167,100 (-1.7%) $198,661 (-4.1%) 0.54 750
2019-04-01 $172,400 (1.5%) $204,033 (-1.9%) 0.54 897
2019-05-01 $182,450 (2.8%) $211,198 (-1.0%) 0.56 874
2019-06-01 $187,500 (6.2%) $216,834 (2.0%) 0.58 877
2019-07-01 $187,000 (6.9%) $217,947 (4.7%) 0.58 877
2019-08-01 $182,814 (6.0%) $213,056 (4.8%) 0.58 860
2019-09-01 $179,700 (3.1%) $210,228 (3.5%) 0.57 846
2019-10-01 $179,700 (6.4%) $210,954 (7.1%) 0.57 847
2019-11-01 $182,000 (7.3%) $210,394 (7.8%) 0.59 842
2019-12-01 $183,410 (11.2%) $208,535 (8.1%) 0.61 742
2020-01-01 $186,695 (12.2%) $209,249 (7.5%) 0.62 721
2020-02-01 $189,900 (14.1%) $206,601 (5.5%) 0.61 767
2020-03-01 $189,825 (13.6%) $211,788 (6.6%) 0.59 784
2020-04-01 $189,900 (10.2%) $215,909 (5.8%) 0.59 754
2020-05-01 $199,500 (9.4%) $221,642 (5.0%) 0.60 731
2020-06-01 $204,400 (9.0%) $225,629 (4.1%) 0.60 733
2020-07-01 $191,900 (2.6%) $219,578 (0.8%) 0.55 747
2020-08-01 $189,900 (3.9%) $219,688 (3.1%) 0.54 691
2020-09-01 $191,900 (6.8%) $225,893 (7.5%) 0.55 634
2020-10-01 $190,900 (6.2%) $226,325 (7.3%) 0.55 583
2020-11-01 $189,950 (4.4%) $226,467 (7.6%) 0.54 572
2020-12-01 $186,500 (1.7%) $224,188 (7.5%) 0.55 552
2021-01-01 $189,900 (1.7%) $223,093 (6.6%) 0.56 526
2021-02-01 $203,950 (7.4%) $234,549 (13.5%) 0.59 535
2021-03-01 $199,950 (5.3%) $235,231 (11.1%) 0.56 547
2021-04-01 $212,900 (12.1%) $247,719 (14.7%) 0.57 544
2021-05-01 $210,000 (5.3%) $248,018 (11.9%) 0.55 541
2021-06-01 $214,900 (5.1%) $248,589 (10.2%) 0.56 553
2021-07-01 $207,500 (8.1%) $243,234 (10.8%) 0.54 552
2021-08-01 $216,950 (14.2%) $622,243 (183.2%) 0.57 574
2021-09-01 $218,000 (13.6%) $616,602 (173.0%) 0.57 603
2021-10-01 $217,000 (13.7%) $645,870 (185.4%) 0.57 562
2021-11-01 $222,500 (17.1%) $656,012 (189.7%) 0.59 554
2021-12-01 $226,500 (21.5%) $266,654 (18.9%) 0.60 529
2022-01-01 $232,000 (22.2%) $268,609 (20.4%) 0.62 485
2022-02-01 $239,000 (17.2%) $271,400 (15.7%) 0.61 487
2022-03-01 $239,000 (19.5%) $266,910 (13.5%) 0.59 497
2022-04-01 $235,000 (10.4%) $270,432 (9.2%) 0.55 454
FLORENCE's median listing price for 2022-04-01 was $235,000, a difference of $22,100 (10.4%) versus the prior year and $-4,000 versus the prior month.

FLORENCE's median listing price comes in at 55% of the national average.

FLORENCE's average listing price for 2022-04-01 was $270,432, a difference of $22,713 (9.2%) versus the prior year and $3,522 versus the prior month.

For the 2022-04-01 period, FLORENCE had 454 MLS listings, a difference of -43 listings (-9%) versus the prior month and -90 listings (-17%) 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
2018-01-01 101 days 1,891 sqft
2018-02-01 102 days 1,952 sqft
2018-03-01 86 days 2,001 sqft
2018-04-01 77 days 2,067 sqft
2018-05-01 74 days 2,100 sqft
2018-06-01 78 days 2,075 sqft
2018-07-01 84 days 2,068 sqft
2018-08-01 88 days 2,037 sqft
2018-09-01 95 days 2,004 sqft
2018-10-01 99 days 1,918 sqft
2018-11-01 101 days 1,859 sqft
2018-12-01 100 days 1,845 sqft
2019-01-01 101 days 1,859 sqft
2019-02-01 98 days 1,898 sqft
2019-03-01 94 days 1,903 sqft
2019-04-01 85 days 1,915 sqft
2019-05-01 86 days 1,980 sqft
2019-06-01 86 days 2,010 sqft
2019-07-01 84 days 2,078 sqft
2019-08-01 84 days 2,038 sqft
2019-09-01 87 days 1,993 sqft
2019-10-01 86 days 1,988 sqft
2019-11-01 82 days 1,996 sqft
2019-12-01 91 days 1,983 sqft
2020-01-01 100 days 2,000 sqft
2020-02-01 99 days 2,006 sqft
2020-03-01 81 days 2,020 sqft
2020-04-01 79 days 2,030 sqft
2020-05-01 84 days 2,080 sqft
2020-06-01 85 days 2,100 sqft
2020-07-01 72 days 2,050 sqft
2020-08-01 66 days 2,000 sqft
2020-09-01 73 days 2,047 sqft
2020-10-01 75 days 2,009 sqft
2020-11-01 62 days 1,890 sqft
2020-12-01 60 days 1,848 sqft
2021-01-01 64 days 1,904 sqft
2021-02-01 51 days 2,070 sqft
2021-03-01 50 days 2,035 sqft
2021-04-01 52 days 2,044 sqft
2021-05-01 51 days 2,048 sqft
2021-06-01 50 days 1,978 sqft
2021-07-01 45 days 1,899 sqft
2021-08-01 43 days 1,933 sqft
2021-09-01 43 days 1,943 sqft
2021-10-01 52 days 1,880 sqft
2021-11-01 57 days 1,913 sqft
2021-12-01 53 days 1,915 sqft
2022-01-01 61 days 1,910 sqft
2022-02-01 59 days 1,905 sqft
2022-03-01 44 days 1,885 sqft
2022-04-01 46 days 1,847 sqft
FLORENCE's median listing age (time on market) for 2022-04-01 was 46 days. This is -11% shorter than the same period one year ago.

FLORENCE's median square footage for active listings during the 2022-04-01 period was 1,847 sqft. One year prior, the average listing was 2,044 sqft.