Gaffney Mortgage Rates

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

30 Year Fixed Rate mortgages in Gaffney averaged 6.19% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.4% and one month ago for the week of 2022-05-26, the average rate was 5.49%.

Gaffney's average rate one year ago was 3.26%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.01%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Gaffney 30 Year Fixed Rate 2022-06-30 6.19%
Gaffney 30 Year Fixed Rate Refi 2022-06-30 6.01%
Gaffney 15 Year Fixed Rate 2022-06-30 6.02%
Gaffney 15 Year Fixed Rate Refi 2022-06-30 5.04%
Gaffney 30 Year FHA 2022-06-30 5.95%
Gaffney 30 Year FHA Refi 2022-06-30 6.16%
Gaffney 30 Year USDA 2022-06-30 5.93%
Gaffney 30 Year USDA Refi 2022-06-30 5.01%
Gaffney 30 Year VA 2022-06-30 5.67%
Gaffney 30 Year VA Refi 2022-06-30 5.47%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Gaffney, SC.

Gaffney 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 Gaffney, 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
First Piedmont Federal Savings and Loan Association of Gaffney 61 3.40% $4,090
QUICKEN LOANS, LLC 44 3.15% $4,533
MIDLAND MORTGAGE CORPORATION 39 3.23% $2,344
PRIMELENDING, A PLAINSCAPITAL COMPANY 16 3.32% $3,344
FOUNDERS FEDERAL CREDIT UNION 14 4.21% $2,963
ARK-LA-TEX FINANCIAL SERVICES, LLC. 14 3.30% $4,078
MOVEMENT MORTGAGE, LLC 13 3.35% $3,204
STATE EMPLOYEES' 11 3.37% $3,651
Wells Fargo Bank 11 3.43% $3,080
SOUTH CAROLINA FEDERAL CREDIT UNION 10 3.03% $5,288
AMERISAVE MORTGAGE CORPORATION 8 2.92% $6,435
CALIBER HOME LOANS, INC. 7 3.19% $3,726
GUILD MORTGAGE COMPANY 7 3.21% $4,984
UNITED WHOLESALE MORTGAGE, LLC 7 3.23% $3,357
PENNYMAC LOAN SERVICES, LLC 6 3.60% $4,733
Flagstar Bank, FSB 5 3.35% $3,226
Bank of America 4 2.94% $3,248
United Community Bank 4 3.03% $2,980
Blue Ridge Bank 4 2.94% $3,985
LENDUS, LLC 3 3.75% $4,939
CROSSCOUNTRY MORTGAGE, LLC 3 3.29% $4,516
SHARONVIEW FEDERAL CREDIT UNION 3 3.17% $2,415
NFM, INC. 3 3.29% $4,011
Truist Bank 3 2.87% $3,385
Mortgage Research Center, LLC 3 2.75% $4,208
JPMorgan Chase Bank 3 3.00% $2,830
ZILLOW HOME LOANS, LLC 2 3.25% $3,328
AgFirst Farm Credit Bank 2 3.00% $4,413
Ameris Bank 2 3.25% $3,023
Arthur State Bank 2 3.19% $4,119
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 3.44% $2,961
CAROLINA FOOTHILLS 2 3.45% $3,566
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.00% $6,442
FINANCE OF AMERICA MORTGAGE LLC 2 3.43% $4,227
First-Citizens Bank & Trust Company 2 3.19% $2,999
First Guaranty Mortgage Corporation 2 3.31% $2,706
HomeTrust Bank 2 2.44% $4,044
INTERCOASTAL MORTGAGE COMPANY 2 3.19% $3,325
InterContinental Capital Group, Inc 2 3.38% $4,080
LAKEVIEW LOAN SERVICING, LLC 2 3.00% $3,781
LOANPAL, LLC 2 3.25% $7,004
Mr. Cooper ( Nationstar Mortgage ) 2 3.63% $2,626
NAVY FEDERAL CREDIT UNION 2 3.63% $4,212
NEWREZ LLC 2 2.99% $5,083
ON Q FINANCIAL, INC. 2 3.75% $3,618
PNC Bank 2 3.31% $2,984
Renasant Bank 2 3.12% $5,941
South State Bank 2 3.19% $3,530
Wyndham Capital Mortgage, Inc. 2 3.38% $3,663
TD Bank 1 2.88% $5,558
INTERLINC MORTGAGE SERVICES, LLC 1 3.13% $2,890
Citibank 1 2.50% $3,320
KELLER MORTGAGE, LLC 1 3.13% $2,252
KeyBank 1 4.25% $3,372
THRIVE MORTGAGE, LLC 1 3.00% $2,820
CIS Financial Services, Inc. 1 3.00% $5,475
LOANDEPOT.COM, LLC 1 3.25% $4,834
TOWNE MORTGAGE COMPANY 1 2.50% $11,717
Magnolia Bank 1 3.50% $5,299
Manufacturers and Traders Trust Company 1 3.50% $3,776
Chicago Mortgage Solutions LLC 1 2.87% $2,268
Carrington Mortgage Services, LLC 1 3.50% $5,006
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.63% $10,856
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 2.63% $9,839
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.13% $1,690
Truliant Federal Credit Union 1 3.38% $3,767
UNION HOME MORTGAGE CORP. 1 2.88% $2,846
CAPITAL CENTER, L.L.C. 1 2.63% $4,225
Northwest Bank 1 2.88% $4,315
AMERICAN FEDERAL MORTGAGE CORPORATION 1 3.25% $3,220
BROKER SOLUTIONS, INC. 1 3.13% $3,854
PENTAGON FEDERAL CREDIT UNION 1 2.50% $2,189
PHH Mortgage Corporation 1 3.88% $5,159
Ally Bank 1 3.00% $1,702
Presidential Bank, FSB 1 3.13% $3,512
BETTER MORTGAGE CORPORATION 1 2.75% $2,955
Bank of England 1 3.00% $7,942
Regions Bank 1 3.00% $6,015
RELIANCE FIRST CAPITAL, LLC 1 3.63% $5,915
Alcova Mortgage LLC 1 3.13% $3,755
RESOURCE FINANCIAL SERVICES, INC. 1 3.00% $3,343
ROYAL UNITED MORTGAGE LLC 1 2.75% $4,406
Fifth Third Bank 1 2.99% $2,467
ANGEL OAK HOME LOANS LLC 1 3.00% $3,797
First Bank 1 2.75% $3,440
AMERIFIRST FINANCIAL CORPORATION 1 3.25% $4,012
First Federal Bank 1 2.63% $2,945
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.25% $3,449
EMBRACE HOME LOANS, INC. 1 2.88% $6,936
CPM Federal Credit Union 1 3.25% $3,254
Countybank 1 2.63% $3,297
GENEVA FINANCIAL, LLC 1 3.38% $3,736
GUARANTEED RATE AFFINITY, LLC 1 2.63% $100
CORNING 1 2.88% $4,186
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.25% $3,121
HOMESTAR FINANCIAL CORPORATION 1 2.88% $3,884
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.50% $3,009
SUCCESS MORTGAGE PARTNERS, INC. 1 3.88% $3,585

Gaffney, SC's 98 lenders originated 1,215 loans during 2021. The total origination value was $206,295,000, with an average loan value of $169,790.

The top Gaffney lender as defined by loan originations is First Piedmont Federal Savings and Loan Association of Gaffney, with 61 loans originated. Their average total fees are $4,090, which is $442 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Gaffney lenders (with over 10 loans originated) are MIDLAND MORTGAGE CORPORATION ($2,344), FOUNDERS FEDERAL CREDIT UNION ($2,963), Wells Fargo Bank ($3,080), MOVEMENT MORTGAGE, LLC ($3,204) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($3,344).

The lowest rate Gaffney lenders (with over 10 loans originated) are SOUTH CAROLINA FEDERAL CREDIT UNION (3.03%), QUICKEN LOANS, LLC (3.15%), MIDLAND MORTGAGE CORPORATION (3.23%), ARK-LA-TEX FINANCIAL SERVICES, LLC. (3.30%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (3.32%).

Gaffney, 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 $13,575,000 $21,680,000 59.7% 10.5%
First Piedmont Federal Savings and Loan Association of Gaffney $30,970,000 $17,490,000 -43.5% 8.5%
MIDLAND MORTGAGE CORPORATION $9,565,000 $13,675,000 43.0% 6.6%
MOVEMENT MORTGAGE, LLC $6,045,000 $8,765,000 45.0% 4.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $8,520,000 $6,615,000 -22.4% 3.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,155,000 $6,060,000 92.1% 2.9%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,865,000 $6,010,000 55.5% 2.9%
FREEDOM MORTGAGE CORPORATION $4,120,000 $5,625,000 36.5% 2.7%
GUILD MORTGAGE COMPANY $3,325,000 $5,445,000 63.8% 2.6%
FOUNDERS FEDERAL CREDIT UNION $5,405,000 $5,210,000 -3.6% 2.5%
Southern Bank $5,185,000 n/a 2.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,235,000 $4,415,000 36.5% 2.1%
Wells Fargo Bank $1,985,000 $3,980,000 100.5% 1.9%
PENNYMAC LOAN SERVICES, LLC $1,285,000 $3,815,000 196.9% 1.8%
CALIBER HOME LOANS, INC. $3,455,000 $3,530,000 2.2% 1.7%
Mortgage Research Center, LLC $1,255,000 $3,175,000 153.0% 1.5%
AgFirst Farm Credit Bank $1,245,000 $2,695,000 116.5% 1.3%
GREENVILLE FEDERAL CREDIT UNION $2,325,000 $2,515,000 8.2% 1.2%
SOUTH CAROLINA FEDERAL CREDIT UNION $255,000 $2,510,000 884.3% 1.2%
United Community Bank $4,025,000 $2,495,000 -38.0% 1.2%
AMERISAVE MORTGAGE CORPORATION $770,000 $2,460,000 219.5% 1.2%
STATE EMPLOYEES' $980,000 $2,375,000 142.3% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $1,145,000 $2,045,000 78.6% 1.0%
LAKEVIEW LOAN SERVICING, LLC $250,000 $1,760,000 604.0% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $2,375,000 $1,680,000 -29.3% 0.8%
Ameris Bank $805,000 $1,660,000 106.2% 0.8%
Blue Ridge Bank $840,000 $1,650,000 96.4% 0.8%
21ST MORTGAGE CORPORATION $1,645,000 $1,615,000 -1.8% 0.8%
Renasant Bank $1,395,000 $1,595,000 14.3% 0.8%
NAVY FEDERAL CREDIT UNION $410,000 $1,530,000 273.2% 0.7%
VILLAGE CAPITAL & INVESTMENT LLC $975,000 $1,460,000 49.7% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $195,000 $1,440,000 638.5% 0.7%
HOMESTAR FINANCIAL CORPORATION $1,005,000 $1,435,000 42.8% 0.7%
SHARONVIEW FEDERAL CREDIT UNION $985,000 $1,415,000 43.7% 0.7%
Bank of America $2,150,000 $1,390,000 -35.3% 0.7%
First-Citizens Bank & Trust Company $1,900,000 $1,285,000 -32.4% 0.6%
LOANDEPOT.COM, LLC $740,000 $1,285,000 73.6% 0.6%
JPMorgan Chase Bank $180,000 $1,280,000 611.1% 0.6%
CAROLINA FOOTHILLS $650,000 $1,215,000 86.9% 0.6%
Truist Bank $1,605,000 $1,135,000 -29.3% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $575,000 $1,115,000 93.9% 0.5%
NEWREZ LLC $685,000 $1,050,000 53.3% 0.5%
HomeTrust Bank $195,000 $975,000 400.0% 0.5%
Citizens Building and Loan, SSB $485,000 $940,000 93.8% 0.5%
First National Bank of Pennsylvania $1,415,000 $830,000 -41.3% 0.4%
LENDUS, LLC $470,000 $800,000 70.2% 0.4%
ZILLOW HOME LOANS, LLC $800,000 n/a 0.4%
NEW DAY FINANCIAL, LLC $380,000 $790,000 107.9% 0.4%
Flagstar Bank, FSB $850,000 $765,000 -10.0% 0.4%
RESOURCE FINANCIAL SERVICES, INC. $320,000 $760,000 137.5% 0.4%
Paramount Residential Mortgage Group, Inc. $725,000 n/a 0.4%
USAA Federal Savings Bank $385,000 $710,000 84.4% 0.3%
BROKER SOLUTIONS, INC. $380,000 $695,000 82.9% 0.3%
1ST SIGNATURE LENDING, LLC $675,000 n/a 0.3%
TD Bank $340,000 $675,000 98.5% 0.3%
FINANCE OF AMERICA MORTGAGE LLC $515,000 $665,000 29.1% 0.3%
CALCON MUTUAL MORTGAGE LLC $590,000 $660,000 11.9% 0.3%
Regions Bank $655,000 n/a 0.3%
Magnolia Bank $195,000 $635,000 225.6% 0.3%
BETTER MORTGAGE CORPORATION $625,000 n/a 0.3%
NFM, INC. $265,000 $625,000 135.8% 0.3%
South State Bank $55,000 $625,000 1,036.4% 0.3%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $115,000 $615,000 434.8% 0.3%
Bank of Travelers Rest $610,000 n/a 0.3%
Arthur State Bank $2,050,000 $590,000 -71.2% 0.3%
Countybank $245,000 $585,000 138.8% 0.3%
TOWNE MORTGAGE COMPANY $265,000 $580,000 118.9% 0.3%
INTERLINC MORTGAGE SERVICES, LLC $575,000 n/a 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $250,000 $540,000 116.0% 0.3%
ARC HOME LLC $535,000 n/a 0.3%
Equity Prime Mortgage LLC $330,000 $535,000 62.1% 0.3%
First Federal Bank $535,000 n/a 0.3%
CAPITAL CENTER, L.L.C. $515,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $95,000 $515,000 442.1% 0.2%
Fifth Third Bank $270,000 $505,000 87.0% 0.2%
First Guaranty Mortgage Corporation $495,000 $485,000 -2.0% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $485,000 n/a 0.2%
Bank of England $585,000 $480,000 -17.9% 0.2%
INTERCOASTAL MORTGAGE COMPANY $205,000 $440,000 114.6% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $425,000 n/a 0.2%
THRIVE MORTGAGE, LLC $425,000 n/a 0.2%
Wyndham Capital Mortgage, Inc. $165,000 $420,000 154.5% 0.2%
NP, Inc. $330,000 $415,000 25.8% 0.2%
CORNING $405,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $400,000 n/a 0.2%
FBC MORTGAGE, LLC $375,000 n/a 0.2%
PNC Bank $160,000 $375,000 134.4% 0.2%
First Reliance Bank $365,000 n/a 0.2%
Alcova Mortgage LLC $665,000 $360,000 -45.9% 0.2%
LOANPAL, LLC $360,000 n/a 0.2%
Low VA Rates, LLC $55,000 $355,000 545.5% 0.2%
ON Q FINANCIAL, INC. $830,000 $355,000 -57.2% 0.2%
CLEARPATH LENDING $360,000 $350,000 -2.8% 0.2%
CPM Federal Credit Union $350,000 n/a 0.2%
Network Funding, L.P. $350,000 n/a 0.2%
HOMEOWNERS FINANCIAL GROUP USA, LLC $85,000 $345,000 305.9% 0.2%
GUARANTEED RATE, INC. $170,000 $320,000 88.2% 0.2%
Carrington Mortgage Services, LLC $315,000 $315,000 0.0% 0.2%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $690,000 $310,000 -55.1% 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $295,000 n/a 0.1%
Chicago Mortgage Solutions LLC $295,000 n/a 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $275,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $195,000 $275,000 41.0% 0.1%
InterContinental Capital Group, Inc $270,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $225,000 $270,000 20.0% 0.1%
CIS Financial Services, Inc. $265,000 n/a 0.1%
First Bank $265,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $145,000 $265,000 82.8% 0.1%
EMBRACE HOME LOANS, INC. $255,000 n/a 0.1%
Presidential Bank, FSB $255,000 n/a 0.1%
SUMMIT FUNDING, INC. $255,000 n/a 0.1%
Nations Lending Corporation $600,000 $250,000 -58.3% 0.1%
GUARANTEED RATE AFFINITY, LLC $315,000 $245,000 -22.2% 0.1%
The Peoples Bank $245,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $245,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $230,000 n/a 0.1%
PHH Mortgage Corporation $95,000 $230,000 142.1% 0.1%
Pinnacle Bank $230,000 n/a 0.1%
ANGEL OAK HOME LOANS LLC $225,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $115,000 $215,000 87.0% 0.1%
Truliant Federal Credit Union $465,000 $210,000 -54.8% 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $190,000 $205,000 7.9% 0.1%
HOMESIDE FINANCIAL, LLC $370,000 $205,000 -44.6% 0.1%
U.S. Bank $135,000 $200,000 48.1% 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,250,000 $195,000 -84.4% 0.1%
S. C. STATE FEDERAL CREDIT UNION $160,000 $190,000 18.8% 0.1%
CHARLOTTE METRO FEDERAL CREDIT UNION $185,000 n/a 0.1%
First Bank $175,000 n/a 0.1%
GENEVA FINANCIAL, LLC $155,000 $175,000 12.9% 0.1%
GoPrime Mortgage, Inc. $175,000 n/a 0.1%
KeyBank $175,000 n/a 0.1%
SOUTHWEST FUNDING, LP $175,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $565,000 $165,000 -70.8% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 $165,000 43.5% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $215,000 $165,000 -23.3% 0.1%
Citibank $95,000 $155,000 63.2% 0.1%
KELLER MORTGAGE, LLC $465,000 $155,000 -66.7% 0.1%
AMERIFIRST FINANCIAL CORPORATION $105,000 $145,000 38.1% 0.1%
Northwest Bank $145,000 n/a 0.1%
CERTAINTY HOME LOANS, LLC $135,000 n/a 0.1%
Wolfe Financial, Inc $135,000 n/a 0.1%
Ally Bank $115,000 $125,000 8.7% 0.1%
First Community Bank $245,000 $125,000 -49.0% 0.1%
First Savings Bank $115,000 n/a 0.1%
Gateway First Bank $115,000 n/a 0.1%
1st Franklin Financial Corporation $75,000 $110,000 46.7% 0.1%
CMG MORTGAGE, INC. $105,000 n/a 0.1%
HOME POINT FINANCIAL CORPORATION $405,000 $105,000 -74.1% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $95,000 n/a 0.0%
TIAA, FSB $45,000 $95,000 111.1% 0.0%
CORNERSTONE HOME LENDING, INC. $165,000 $85,000 -48.5% 0.0%
Manufacturers and Traders Trust Company $85,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $165,000 $75,000 -54.5% 0.0%
SAFE FEDERAL CREDIT UNION $65,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $320,000 $55,000 -82.8% 0.0%
Discover Bank $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

Gaffney's top lender by overall market share is QUICKEN LOANS, LLC, with 10.5% market share. In second place, with 8.5%, is First Piedmont Federal Savings and Loan Association of Gaffney, having originated $17,490,000 in loans. In third place, with 6.6%, is MIDLAND MORTGAGE CORPORATION, having originated $13,675,000 in loans. In third place, with 4.2%, is MOVEMENT MORTGAGE, LLC, having originated $8,765,000 in loans. In third place, with 3.2%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $6,615,000 in loans.


Gaffney, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 626 $114,940,000 $183,610
Refi 318 $52,730,000 $165,818
Cash Out Refi 230 $35,300,000 $153,478
Home Improvement 23 $1,445,000 $62,826
Other 18 $1,880,000 $104,444

Gaffney's most frequently cited loan purpose was Home Purchase, with 626 originations. The 2nd most popular reason was Refi, with 318 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 482 $89,560,000 $185,809
2.5-3% 383 $66,525,000 $173,695
<2.5% 192 $32,340,000 $168,438
4-5% 57 $7,765,000 $136,228
Over 8% 42 $3,440,000 $81,905
7-8% 19 $1,805,000 $95,000
5-6% 15 $1,955,000 $130,333
6-7% 13 $1,035,000 $79,615

During 2021, Gaffney's most frequently originated rate bucket was 3-4%, with 482 originations.

Loan Sizing (Gaffney, SC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 593 $87,935,000 $148,288
$200k-400k 311 $81,245,000 $261,238
$100,000 or less 291 $20,485,000 $70,395
$400k-600k 15 $6,945,000 $463,000
$600k-1000k 3 $1,985,000 $661,667
$Over $1MM 2 $7,700,000 $3,850,000

Gaffney's loan sizing saw the bucket of loans from $100k-200k with 593 originations, totaling $87,935,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 590 $108,010,000 $183,068
60-80% 337 $63,125,000 $187,315
40-60% 137 $16,775,000 $122,445
20-40% 56 $4,670,000 $83,393
Under 20% 24 $730,000 $30,417
Over 100% 16 $3,710,000 $231,875

Gaffney's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 590 originations, totaling $108,010,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Gaffney (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 $135,200 (10.5%) $169,851 (18.6%) 0.00 113
2018-02-01 $141,200 (16.3%) $177,149 (21.6%) 0.00 120
2018-03-01 $159,900 (32.3%) $211,256 (50.7%) 0.00 105
2018-04-01 $154,900 (19.3%) $206,166 (43.9%) 0.00 104
2018-05-01 $149,900 (11.1%) $203,314 (37.6%) 0.00 119
2018-06-01 $174,900 (27.3%) $216,762 (40.2%) 0.00 119
2018-07-01 $168,900 (22.5%) $212,521 (26.3%) 0.00 93
2018-08-01 $157,400 (16.6%) $192,110 (-3.1%) 0.00 110
2018-09-01 $159,900 (23.1%) $188,284 (-2.8%) 0.00 123
2018-10-01 $159,900 (14.3%) $197,570 (14.7%) 0.00 123
2018-11-01 $158,900 (27.2%) $190,846 (11.3%) 0.00 142
2018-12-01 $139,900 (-0.1%) $182,392 (5.3%) 0.00 141
2019-01-01 $142,400 (5.3%) $197,014 (16.0%) 0.00 125
2019-02-01 $139,900 (-0.9%) $204,788 (15.6%) 0.00 121
2019-03-01 $154,043 (-3.7%) $206,542 (-2.2%) 0.00 103
2019-04-01 $164,900 (6.5%) $201,418 (-2.3%) 0.00 95
2019-05-01 $162,400 (8.3%) $197,821 (-2.7%) 0.00 118
2019-06-01 $160,000 (-8.5%) $198,921 (-8.2%) 0.00 124
2019-07-01 $155,000 (-8.2%) $195,506 (-8.0%) 0.00 130
2019-08-01 $171,143 (8.7%) $207,504 (8.0%) 0.00 113
2019-09-01 $179,343 (12.2%) $219,912 (16.8%) 0.00 103
2019-10-01 $182,400 (14.1%) $218,348 (10.5%) 0.00 109
2019-11-01 $170,000 (7.0%) $216,372 (13.4%) 0.00 112
2019-12-01 $169,400 (21.1%) $208,737 (14.4%) 0.00 121
2020-01-01 $172,400 (21.1%) $215,525 (9.4%) 0.00 119
2020-02-01 $174,900 (25.0%) $205,131 (0.2%) 0.00 137
2020-03-01 $159,900 (3.8%) $184,119 (-10.9%) 0.00 155
2020-04-01 $163,700 (-0.7%) $187,773 (-6.8%) 0.00 150
2020-05-01 $170,000 (4.7%) $190,647 (-3.6%) 0.00 125
2020-06-01 $186,600 (16.6%) $198,496 (-0.2%) 0.00 112
2020-07-01 $172,450 (11.3%) $201,643 (3.1%) 0.00 89
2020-08-01 $181,100 (5.8%) $197,218 (-5.0%) 0.00 90
2020-09-01 $189,900 (5.9%) $219,121 (-0.4%) 0.00 91
2020-10-01 $189,900 (4.1%) $213,878 (-2.1%) 0.00 76
2020-11-01 $231,080 (35.9%) $285,939 (32.2%) 0.00 70
2020-12-01 $237,950 (40.5%) $295,684 (41.7%) 0.00 63
2021-01-01 $209,900 (21.8%) $252,624 (17.2%) 0.00 62
2021-02-01 $192,400 (10.0%) $249,965 (21.9%) 0.00 53
2021-03-01 $227,400 (42.2%) $269,762 (46.5%) 0.00 37
2021-04-01 $231,950 (41.7%) $304,129 (62.0%) 0.00 32
2021-05-01 $205,000 (20.6%) $295,737 (55.1%) 0.00 33
2021-06-01 $195,525 (4.8%) $275,316 (38.7%) 0.00 36
2021-07-01 $196,450 (13.9%) $258,920 (28.4%) 0.00 49
2021-08-01 $205,198 (13.3%) $299,475 (51.9%) 0.00 62
2021-09-01 $192,450 (1.3%) $313,898 (43.3%) 0.00 65
2021-10-01 $199,900 (5.3%) $332,651 (55.5%) 0.00 66
2021-11-01 $219,750 (-4.9%) $289,543 (1.3%) 0.00 56
2021-12-01 $239,900 (0.8%) $284,981 (-3.6%) 0.00 58
2022-01-01 $252,500 (20.3%) $270,201 (7.0%) 0.00 48
2022-02-01 $283,450 (47.3%) $280,587 (12.3%) 0.00 63
2022-03-01 $269,900 (18.7%) $263,308 (-2.4%) 0.00 70
2022-04-01 $268,900 (15.9%) $285,112 (-6.3%) 0.00 60
2022-05-01 $239,900 (17.0%) $287,975 (-2.6%) 0.00 77
2022-06-01 $226,773 (16.0%) $288,858 (4.9%) 0.00 99
Gaffney's median listing price for 2022-06-01 was $226,773, a difference of $31,248 (16.0%) versus the prior year and $-13,127 versus the prior month.

Gaffney's median listing price comes in at 0% of the national average.

Gaffney's average listing price for 2022-06-01 was $288,858, a difference of $13,542 (4.9%) versus the prior year and $883 versus the prior month.

For the 2022-06-01 period, Gaffney had 99 MLS listings, a difference of 22 listings (29%) versus the prior month and 63 listings (175%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Gaffney (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,729 sqft
2018-02-01 0 days 1,749 sqft
2018-03-01 0 days 1,929 sqft
2018-04-01 0 days 1,876 sqft
2018-05-01 0 days 2,033 sqft
2018-06-01 0 days 2,071 sqft
2018-07-01 0 days 1,908 sqft
2018-08-01 0 days 1,933 sqft
2018-09-01 0 days 1,890 sqft
2018-10-01 0 days 1,743 sqft
2018-11-01 0 days 1,890 sqft
2018-12-01 0 days 1,689 sqft
2019-01-01 0 days 1,677 sqft
2019-02-01 0 days 1,683 sqft
2019-03-01 0 days 1,794 sqft
2019-04-01 0 days 1,876 sqft
2019-05-01 0 days 1,684 sqft
2019-06-01 0 days 1,691 sqft
2019-07-01 0 days 1,750 sqft
2019-08-01 0 days 1,772 sqft
2019-09-01 0 days 1,801 sqft
2019-10-01 0 days 1,984 sqft
2019-11-01 0 days 1,884 sqft
2019-12-01 0 days 1,806 sqft
2020-01-01 0 days 1,823 sqft
2020-02-01 0 days 1,760 sqft
2020-03-01 0 days 1,645 sqft
2020-04-01 0 days 1,760 sqft
2020-05-01 0 days 1,751 sqft
2020-06-01 0 days 1,577 sqft
2020-07-01 0 days 1,485 sqft
2020-08-01 0 days 1,472 sqft
2020-09-01 0 days 1,554 sqft
2020-10-01 0 days 1,580 sqft
2020-11-01 0 days 1,710 sqft
2020-12-01 0 days 1,731 sqft
2021-01-01 0 days 1,710 sqft
2021-02-01 0 days 1,594 sqft
2021-03-01 0 days 1,781 sqft
2021-04-01 0 days 1,781 sqft
2021-05-01 0 days 1,605 sqft
2021-06-01 0 days 1,638 sqft
2021-07-01 0 days 1,569 sqft
2021-08-01 0 days 1,833 sqft
2021-09-01 0 days 1,459 sqft
2021-10-01 0 days 1,866 sqft
2021-11-01 0 days 1,860 sqft
2021-12-01 0 days 1,876 sqft
2022-01-01 0 days 1,662 sqft
2022-02-01 0 days 1,738 sqft
2022-03-01 0 days 1,745 sqft
2022-04-01 0 days 1,738 sqft
2022-05-01 0 days 1,702 sqft
2022-06-01 0 days 1,708 sqft
Gaffney's median listing age (time on market) for 2022-06-01 was 0 days.

Gaffney's median square footage for active listings during the 2022-06-01 period was 1,708 sqft. One year prior, the average listing was 1,638 sqft.