Gaffney Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Gaffney averaged 6.84% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.88% and one month ago for the week of 2023-08-10, the average rate was 6.52%.

Gaffney's average rate one year ago was 5.65%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.68%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Gaffney 30 Year Fixed Rate 2023-09-14 6.84%
Gaffney 30 Year Fixed Rate Refi 2023-09-14 7.68%
Gaffney 15 Year Fixed Rate 2023-09-14 6.41%
Gaffney 15 Year Fixed Rate Refi 2023-09-14 6.41%
Gaffney 30 Year FHA 2023-09-14 6.83%
Gaffney 30 Year FHA Refi 2023-09-14 7.19%
Gaffney 30 Year USDA 2023-09-14 6.78%
Gaffney 30 Year USDA Refi 2023-09-14 6.98%
Gaffney 30 Year VA 2023-09-14 7.01%
Gaffney 30 Year VA Refi 2023-09-14 6.71%
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 lender, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
First Piedmont Federal Savings and Loan Association of Gaffney 56 4.65% $4,823
QUICKEN LOANS, LLC 23 5.43% $5,919
FOUNDERS FEDERAL CREDIT UNION 21 4.85% $2,500
PRIMELENDING, A PLAINSCAPITAL COMPANY 17 4.90% $5,851
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 5.71% $5,109
MIDLAND MORTGAGE CORPORATION 12 5.23% $3,981
LOANDEPOT.COM, LLC 12 4.39% $5,934
ARK-LA-TEX FINANCIAL SERVICES, LLC. 11 5.35% $6,580
MOVEMENT MORTGAGE, LLC 10 5.44% $5,826
STATE EMPLOYEES' 10 4.13% $3,913
Wells Fargo Bank 9 4.51% $4,422
Sierra Pacific Mortgage Company, Inc. 8 5.64% $6,430
Bank of America 6 3.96% $3,928
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 6 4.60% $5,192
BROKER SOLUTIONS, INC. 6 5.50% $5,099
SOUTH CAROLINA FEDERAL CREDIT UNION 6 4.94% $4,898
UNITED WHOLESALE MORTGAGE, LLC 6 5.91% $6,444
AMERISAVE MORTGAGE CORPORATION 5 4.20% $8,032
GUILD MORTGAGE COMPANY 5 5.82% $6,354
CARDINAL FINANCIAL 4 5.84% $6,124
United Community Bank 4 5.13% $3,912
PENNYMAC LOAN SERVICES, LLC 4 5.22% $6,443
First-Citizens Bank & Trust Company 4 4.09% $3,120
AgFirst Farm Credit Bank 3 3.96% $3,592
First National Bank of Pennsylvania 3 4.63% $3,225
Dollar Bank, Federal Savings Bank 2 4.81% $7,390
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.81% $5,031
INTERCOASTAL MORTGAGE COMPANY 2 4.94% $4,759
JPMorgan Chase Bank 2 4.63% $3,667
Truist 2 3.93% $3,362
Mr. Cooper ( Nationstar Mortgage ) 2 3.81% $4,547
Ameris Bank 2 6.38% $5,145
ON Q FINANCIAL, INC. 2 6.43% $5,860
FREEDOM MORTGAGE CORPORATION 2 4.31% $5,075
First Reliance Bank 2 4.31% $3,288
First Federal Bank 2 4.50% $3,051
ROYAL UNITED MORTGAGE LLC 2 4.88% $5,262
CALIBER HOME LOANS, INC. 2 4.56% $4,338
CROSSCOUNTRY MORTGAGE, LLC 2 4.06% $6,369
Southern First Bank 2 5.63% $2,713
South State Bank 2 4.44% $7,615
PHH Mortgage Corporation 1 4.50% $6,313
PNC Bank 1 3.63% $6,596
RAPID MORTGAGE COMPANY 1 5.99% $7,036
Renasant Bank 1 4.13% $8,885
RUOFF MORTGAGE COMPANY, INC. 1 3.38% $3,679
SHARONVIEW FEDERAL CREDIT UNION 1 3.38% $1,810
SOUTHWEST FUNDING, LP 1 3.63% $6,972
The Fidelity Bank 1 6.00% $10,389
The Park National Bank 1 3.50% $5,336
TIDEWATER MORTGAGE SERVICES, INC. 1 5.75% $4,697
TJC Mortgage, Inc. 1 3.38% $3,839
Truliant Federal Credit Union 1 5.88% $2,857
Uwharrie Bank 1 4.50% $2,178
21ST MORTGAGE CORPORATION 1 7.30% $5,440
ZILLOW HOME LOANS, LLC 1 6.63% $7,737
Alerus Financial 1 4.25% $3,450
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.38% $3,517
American Security Mortgage Corp. 1 3.88% $4,688
AmeriHome Mortgage Company, LLC 1 2.99% $5,703
Arthur State Bank 1 3.38% $3,326
Arvest Bank 1 5.50% $6,830
Bank of England 1 4.25% $5,968
BETTER MORTGAGE CORPORATION 1 3.63% $2,553
CAPITAL CENTER, L.L.C. 1 3.50% $0
CAROLINA FOOTHILLS 1 3.64% $3,328
Carrington Mortgage Services, LLC 1 6.13% $5,268
C & F Mortgage Corporation 1 5.63% $3,918
CIS Financial Services, Inc. 1 5.63% $3,999
Citadel Servicing Corporation 1 10.38% $16,791
Countybank 1 5.62% $3,010
CRESCENT MORTGAGE COMPANY 1 5.00% $4,194
Equity Prime Mortgage LLC 1 5.88% $9,866
EVERETT FINANCIAL, INC. 1 5.99% $2,425
FINANCE OF AMERICA MORTGAGE LLC 1 6.50% $4,281
First Heritage Mortgage, LLC 1 5.50% $4,693
Flagstar Bank, FSB 1 6.13% $4,146
GoPrime Mortgage, Inc. 1 3.88% $3,767
GUARANTEED RATE AFFINITY, LLC 1 6.93% $3,579
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.00% $3,179
HOME POINT FINANCIAL CORPORATION 1 5.63% $4,902
HOMESIDE FINANCIAL, LLC 1 5.50% $3,744
Hometown Lenders, Inc. 1 5.25% $7,437
HomeTrust Bank 1 5.13% $5,335
INTERLINC MORTGAGE SERVICES, LLC 1 3.88% $3,788
Lakeview Community Capital, LLC 1 4.33% $4,143
LOCAL GOVERNMENT FEDERAL CREDIT UNION 1 3.90% $5,015
MORTGAGE EQUITY PARTNERS LLC 1 5.50% $4,547
MORTGAGE INVESTORS GROUP, INC. 1 4.25% $2,697
Mortgage Research Center, LLC 1 4.63% $6,429
Nations Lending Corporation 1 3.75% $6,663
NAVY FEDERAL CREDIT UNION 1 5.63% $2,460
NEWREZ LLC 1 4.38% $3,609
North American Savings Bank, F.S.B. 1 5.13% $2,370
OCEANSIDE MORTGAGE COMPANY 1 4.50% $6,463
Paramount Residential Mortgage Group, Inc. 1 5.63% $5,931

Gaffney Average Closing Costs & Other Stats

Gaffney, SC's 96 lenders originated 964 loans during 2022. The total origination value was $176,740,000, with an average loan value of $183,340.

Gaffney's average closing costs are $4,814.

The top Gaffney lender as defined by loan originations is First Piedmont Federal Savings and Loan Association of Gaffney, with 56 loans originated. Their average total fees are $4,823, which is $1,096 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Gaffney lenders (with over 10 loans originated) are FOUNDERS FEDERAL CREDIT UNION ($2,500), STATE EMPLOYEES' ($3,913), MIDLAND MORTGAGE CORPORATION ($3,981), First Piedmont Federal Savings and Loan Association of Gaffney ($4,823) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,109).

The lowest rate Gaffney lenders (with over 10 loans originated) are STATE EMPLOYEES' (4.13%), LOANDEPOT.COM, LLC (4.39%), First Piedmont Federal Savings and Loan Association of Gaffney (4.65%), FOUNDERS FEDERAL CREDIT UNION (4.85%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (4.90%).

Gaffney, 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
First Piedmont Federal Savings and Loan Association of Gaffney $17,490,000 $19,855,000 13.5% 11.2%
QUICKEN LOANS, LLC $21,680,000 $12,365,000 -43.0% 7.0%
FOUNDERS FEDERAL CREDIT UNION $5,210,000 $8,020,000 53.9% 4.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $6,010,000 $6,705,000 11.6% 3.8%
MOVEMENT MORTGAGE, LLC $8,765,000 $6,535,000 -25.4% 3.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,060,000 $6,275,000 3.5% 3.6%
GUILD MORTGAGE COMPANY $5,445,000 $5,390,000 -1.0% 3.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $6,615,000 $4,890,000 -26.1% 2.8%
Mortgage Research Center, LLC $3,175,000 $4,635,000 46.0% 2.6%
MIDLAND MORTGAGE CORPORATION $13,675,000 $4,605,000 -66.3% 2.6%
Sierra Pacific Mortgage Company, Inc. $3,860,000 n/a 2.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,415,000 $3,695,000 -16.3% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $2,045,000 $3,435,000 68.0% 1.9%
LOANDEPOT.COM, LLC $1,285,000 $2,925,000 127.6% 1.7%
Wells Fargo Bank $3,980,000 $2,910,000 -26.9% 1.6%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,440,000 $2,785,000 93.4% 1.6%
Equity Prime Mortgage LLC $535,000 $2,715,000 407.5% 1.5%
BROKER SOLUTIONS, INC. $695,000 $2,710,000 289.9% 1.5%
STATE EMPLOYEES' $2,375,000 $2,655,000 11.8% 1.5%
AMERISAVE MORTGAGE CORPORATION $2,460,000 $2,515,000 2.2% 1.4%
Bank of America $1,390,000 $2,260,000 62.6% 1.3%
Prudential Huntoon Paige Associates, LLC $2,165,000 n/a 1.2%
FREEDOM MORTGAGE CORPORATION $5,625,000 $2,150,000 -61.8% 1.2%
United Community Bank $2,495,000 $2,140,000 -14.2% 1.2%
Truist $1,135,000 $1,640,000 44.5% 0.9%
First-Citizens Bank & Trust Company $1,285,000 $1,615,000 25.7% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $1,115,000 $1,590,000 42.6% 0.9%
SOUTH CAROLINA FEDERAL CREDIT UNION $2,510,000 $1,580,000 -37.1% 0.9%
First National Bank of Pennsylvania $830,000 $1,565,000 88.6% 0.9%
21ST MORTGAGE CORPORATION $1,615,000 $1,555,000 -3.7% 0.9%
PENNYMAC LOAN SERVICES, LLC $3,815,000 $1,450,000 -62.0% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $1,680,000 $1,380,000 -17.9% 0.8%
ON Q FINANCIAL, INC. $355,000 $1,295,000 264.8% 0.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $230,000 $1,155,000 402.2% 0.7%
Nations Lending Corporation $250,000 $1,070,000 328.0% 0.6%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $310,000 $1,060,000 241.9% 0.6%
South State Bank $625,000 $1,055,000 68.8% 0.6%
NAVY FEDERAL CREDIT UNION $1,530,000 $1,040,000 -32.0% 0.6%
AgFirst Farm Credit Bank $2,695,000 $940,000 -65.1% 0.5%
Flagstar Bank, FSB $765,000 $920,000 20.3% 0.5%
First Federal Bank $535,000 $905,000 69.2% 0.5%
SOUTHWEST STAGE FUNDING, LLC $195,000 $905,000 364.1% 0.5%
SHARONVIEW FEDERAL CREDIT UNION $1,415,000 $875,000 -38.2% 0.5%
HomeTrust Bank $975,000 $840,000 -13.8% 0.5%
Renasant Bank $1,595,000 $830,000 -48.0% 0.5%
The Park National Bank $785,000 n/a 0.4%
Southern First Bank $780,000 n/a 0.4%
HOMESTAR FINANCIAL CORPORATION $1,435,000 $705,000 -50.9% 0.4%
Southern Bank $5,185,000 $705,000 -86.4% 0.4%
Truliant Federal Credit Union $210,000 $690,000 228.6% 0.4%
HOME POINT FINANCIAL CORPORATION $105,000 $645,000 514.3% 0.4%
CALIBER HOME LOANS, INC. $3,530,000 $640,000 -81.9% 0.4%
First Reliance Bank $365,000 $630,000 72.6% 0.4%
NEWREZ LLC $1,050,000 $575,000 -45.2% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,760,000 $545,000 -69.0% 0.3%
AmeriHome Mortgage Company, LLC $400,000 $520,000 30.0% 0.3%
GUARANTEED RATE, INC. $320,000 $520,000 62.5% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $275,000 $520,000 89.1% 0.3%
C & F Mortgage Corporation $510,000 n/a 0.3%
INTERCOASTAL MORTGAGE COMPANY $440,000 $510,000 15.9% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $165,000 $510,000 209.1% 0.3%
JPMorgan Chase Bank $1,280,000 $505,000 -60.5% 0.3%
Magnolia Bank $635,000 $470,000 -26.0% 0.3%
PNC Bank $375,000 $465,000 24.0% 0.3%
GoPrime Mortgage, Inc. $175,000 $460,000 162.9% 0.3%
Low VA Rates, LLC $355,000 $445,000 25.4% 0.3%
Countybank $585,000 $440,000 -24.8% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $665,000 $440,000 -33.8% 0.2%
USAA Federal Savings Bank $710,000 $440,000 -38.0% 0.2%
Citadel Servicing Corporation $435,000 n/a 0.2%
Ameris Bank $1,660,000 $430,000 -74.1% 0.2%
TJC Mortgage, Inc. $420,000 n/a 0.2%
First Guaranty Mortgage Corporation $485,000 $410,000 -15.5% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $485,000 $405,000 -16.5% 0.2%
North American Savings Bank, F.S.B. $400,000 n/a 0.2%
RAPID MORTGAGE COMPANY $400,000 n/a 0.2%
LIMA ONE CAPITAL, LLC $395,000 n/a 0.2%
Coastal Carolina National Bank $385,000 n/a 0.2%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $385,000 n/a 0.2%
Dollar Bank, Federal Savings Bank $370,000 n/a 0.2%
First Heritage Mortgage, LLC $350,000 n/a 0.2%
SOUTHWEST FUNDING, LP $175,000 $350,000 100.0% 0.2%
Carrington Mortgage Services, LLC $315,000 $340,000 7.9% 0.2%
FINANCE OF AMERICA REVERSE LLC $340,000 n/a 0.2%
SeaTrust Mortgage Company $340,000 n/a 0.2%
Arthur State Bank $590,000 $330,000 -44.1% 0.2%
HOMESIDE FINANCIAL, LLC $205,000 $330,000 61.0% 0.2%
BETTER MORTGAGE CORPORATION $625,000 $325,000 -48.0% 0.2%
The Fidelity Bank $315,000 n/a 0.2%
PLANET HOME LENDING, LLC $310,000 n/a 0.2%
GUARANTEED RATE AFFINITY, LLC $245,000 $300,000 22.4% 0.2%
Blue Ridge Bank $1,650,000 $295,000 -82.1% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $290,000 n/a 0.2%
Alcova Mortgage LLC $360,000 $285,000 -20.8% 0.2%
American Security Mortgage Corp. $285,000 n/a 0.2%
CERTAINTY HOME LOANS, LLC $135,000 $285,000 111.1% 0.2%
HOMEOWNERS FINANCIAL GROUP USA, LLC $345,000 $285,000 -17.4% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $540,000 $280,000 -48.1% 0.2%
RESOURCE FINANCIAL SERVICES, INC. $760,000 $280,000 -63.2% 0.2%
Arvest Bank $270,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $265,000 n/a 0.1%
CAROLINA FOOTHILLS $1,215,000 $265,000 -78.2% 0.1%
EVERETT FINANCIAL, INC. $265,000 n/a 0.1%
Texana Bank $265,000 n/a 0.1%
A&D Mortgage LLC $245,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $245,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $800,000 $235,000 -70.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $270,000 $230,000 -14.8% 0.1%
CAPITAL CENTER, L.L.C. $515,000 $225,000 -56.3% 0.1%
HANCOCK MORTGAGE PARTNERS, LLC $215,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $790,000 $215,000 -72.8% 0.1%
Uwharrie Bank $215,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $195,000 n/a 0.1%
Network Funding, L.P. $350,000 $190,000 -45.7% 0.1%
Alerus Financial $185,000 n/a 0.1%
First Community Bank $125,000 $185,000 48.0% 0.1%
Hometown Lenders, Inc. $185,000 n/a 0.1%
Bank of England $480,000 $175,000 -63.5% 0.1%
CHURCHILL MORTGAGE CORPORATION $215,000 $175,000 -18.6% 0.1%
DAS Acquisition Company, LLC $175,000 n/a 0.1%
United Bank $175,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $515,000 $170,000 -67.0% 0.1%
MID AMERICA MORTGAGE, INC. $165,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $615,000 $155,000 -74.8% 0.1%
CRESCENT MORTGAGE COMPANY $155,000 n/a 0.1%
GREENVILLE FEDERAL CREDIT UNION $2,515,000 $155,000 -93.8% 0.1%
Peoples Bank $155,000 n/a 0.1%
AMERICAN ADVISORS GROUP $150,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $150,000 n/a 0.1%
M&T Bank $85,000 $145,000 70.6% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $425,000 $135,000 -68.2% 0.1%
UNITED MORTGAGE CORP. $135,000 n/a 0.1%
Citizens Bank $130,000 n/a 0.1%
Discover Bank $35,000 $130,000 271.4% 0.1%
CIS Financial Services, Inc. $265,000 $125,000 -52.8% 0.1%
CPM Federal Credit Union $350,000 $125,000 -64.3% 0.1%
MORTGAGE EQUITY PARTNERS LLC $125,000 n/a 0.1%
MORTGAGE INVESTORS GROUP, INC. $125,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $725,000 $125,000 -82.8% 0.1%
TIDEWATER MORTGAGE SERVICES, INC. $125,000 n/a 0.1%
Allen Tate Mortgage Partners, LLC $115,000 n/a 0.1%
INTERLINC MORTGAGE SERVICES, LLC $575,000 $115,000 -80.0% 0.1%
PHH Mortgage Corporation $230,000 $115,000 -50.0% 0.1%
POLARIS HOME FUNDING CORP. $115,000 n/a 0.1%
Fifth Third Bank $505,000 $105,000 -79.2% 0.1%
RUOFF MORTGAGE COMPANY, INC. $105,000 n/a 0.1%
SOUTHERN TRUST MORTGAGE, LLC $105,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $95,000 n/a 0.1%
Lakeview Community Capital, LLC $95,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $95,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $1,460,000 $85,000 -94.2% 0.0%
S. C. STATE FEDERAL CREDIT UNION $190,000 $80,000 -57.9% 0.0%
S. C. TELCO $80,000 n/a 0.0%
Deere Employees Credit Union $75,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $165,000 $65,000 -60.6% 0.0%

Gaffney's top lender by overall market share is First Piedmont Federal Savings and Loan Association of Gaffney, with 11.2% market share. In second place, with 7.0%, is QUICKEN LOANS, LLC, having originated $12,365,000 in loans. In third place, with 4.5%, is FOUNDERS FEDERAL CREDIT UNION, having originated $8,020,000 in loans. In fourth place, with 3.8%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $6,705,000 in loans. In fifth place, with 3.7%, is MOVEMENT MORTGAGE, LLC, having originated $6,535,000 in loans.

Gaffney, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 595 $121,535,000 $204,261
Cash Out Refi 221 $35,875,000 $162,330
Refi 75 $12,575,000 $167,667
Home Improvement 39 $4,265,000 $109,359
Other 34 $2,490,000 $73,235

Gaffney's most frequently cited loan purpose was Home Purchase, with 595 originations. The 2nd most popular reason was Cash Out Refi, with 221 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 260 $51,540,000 $198,231
4-5% 241 $46,875,000 $194,502
3-4% 194 $37,280,000 $192,165
6-7% 117 $19,615,000 $167,650
2.5-3% 51 $9,165,000 $179,706
Over 8% 35 $4,525,000 $129,286
7-8% 35 $5,095,000 $145,571
<2.5% 29 $2,565,000 $88,448

During 2022, Gaffney's most frequently originated rate bucket was 5-6%, with 260 originations.

Loan Sizing (Gaffney, SC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 431 $64,125,000 $148,782
$200k-400k 307 $81,625,000 $265,879
$100,000 or less 193 $11,935,000 $61,839
$400k-600k 25 $11,685,000 $467,400
$600k-1000k 6 $4,200,000 $700,000
$Over $1MM 2 $3,170,000 $1,585,000

Gaffney's loan sizing saw the bucket of loans from $100k-200k with 431 originations, totaling $64,125,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 493 $104,575,000 $212,120
60-80% 220 $42,180,000 $191,727
40-60% 120 $16,380,000 $136,500
20-40% 60 $5,190,000 $86,500
Under 20% 54 $5,180,000 $95,926
Over 100% 12 $2,400,000 $200,000

Gaffney's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 493 originations, totaling $104,575,000 in origination value.