Laurinburg Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Laurinburg averaged
6.56%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.96% and
one month ago for the week of 2025-05-29, the
average rate was 6.78%.
Laurinburg's average rate one year ago was 7.05%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.67%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Laurinburg 30 Year Fixed Rate | 2025-07-03 | 6.56% |
| Laurinburg 30 Year Fixed Rate Refi | 2025-07-03 | 6.67% |
| Laurinburg 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Laurinburg 15 Year Fixed Rate Refi | 2025-07-03 | 5.8% |
| Laurinburg 30 Year FHA | 2025-07-03 | 0.1% |
| Laurinburg 30 Year FHA Refi | 2025-07-03 | 0.1% |
| Laurinburg 30 Year USDA | 2025-07-03 | 0.2% |
| Laurinburg 30 Year USDA Refi | 2025-07-03 | 0.1% |
| Laurinburg 30 Year VA | 2025-07-03 | 0% |
| Laurinburg 30 Year VA Refi | 2025-07-03 | -0.1% |
Laurinburg 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 Laurinburg, NC 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.).
Laurinburg Average Closing Costs & Other Stats
Laurinburg, NC's 29 lenders originated 400
loans during 2024. The total origination value was $64,180,000, with an average loan value of
$160,450.
Laurinburg's average closing costs are $5,018.
The top Laurinburg lender as defined by loan originations is STATE EMPLOYEES', with
19 loans originated. Their average total fees are
$3,097, which is $2,510
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Laurinburg lenders (with over 10 loans originated) are
STATE EMPLOYEES' ($3,097), QUICKEN LOANS, LLC ($5,607), .
The lowest rate Laurinburg lenders (with over 10 loans originated) are
STATE EMPLOYEES' (6.47%), QUICKEN LOANS, LLC (6.98%), .
Laurinburg, NC 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $7,240,000 | $6,800,000 | -6.1% | 10.6% |
| QUICKEN LOANS, LLC | $4,945,000 | $5,660,000 | 14.5% | 8.8% |
| Mortgage Research Center, LLC | $4,090,000 | $2,910,000 | -28.9% | 4.5% |
| Blue Ridge Bank | $800,000 | $2,865,000 | 258.1% | 4.5% |
| UNION HOME MORTGAGE CORP. | $2,730,000 | $2,250,000 | -17.6% | 3.5% |
| GREYSTONE SERVICING COMPANY LLC | $2,225,000 | n/a | 3.5% | |
| UNITED WHOLESALE MORTGAGE, LLC | $2,125,000 | $2,100,000 | -1.2% | 3.3% |
| 21ST MORTGAGE CORPORATION | $1,965,000 | $2,035,000 | 3.6% | 3.2% |
| INTERCOASTAL MORTGAGE COMPANY | $1,185,000 | $1,830,000 | 54.4% | 2.9% |
| First Bank | $2,315,000 | $1,525,000 | -34.1% | 2.4% |
| GoPrime Mortgage, Inc. | $935,000 | $1,380,000 | 47.6% | 2.2% |
| SOUTHERN TRUST MORTGAGE, LLC | $1,420,000 | $1,310,000 | -7.7% | 2.0% |
| NFM, INC. | $155,000 | $1,295,000 | 735.5% | 2.0% |
| Alcova Mortgage LLC | $270,000 | $1,185,000 | 338.9% | 1.8% |
| PENNYMAC LOAN SERVICES, LLC | $615,000 | $1,145,000 | 86.2% | 1.8% |
| AgCarolina Farm Credit, FLCA | $555,000 | $1,140,000 | 105.4% | 1.8% |
| NAVY FEDERAL CREDIT UNION | $1,105,000 | $1,135,000 | 2.7% | 1.8% |
| PNC Bank | $435,000 | $1,100,000 | 152.9% | 1.7% |
| Truist | $1,525,000 | $1,050,000 | -31.1% | 1.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,400,000 | $1,040,000 | -56.7% | 1.6% |
| GUARANTEED RATE, INC. | $285,000 | $955,000 | 235.1% | 1.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,230,000 | $940,000 | -23.6% | 1.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $880,000 | $910,000 | 3.4% | 1.4% |
| VILLAGE CAPITAL MORTGAGE | $540,000 | $870,000 | 61.1% | 1.4% |
| First-Citizens Bank & Trust Company | $530,000 | $720,000 | 35.8% | 1.1% |
| LOANDEPOT.COM, LLC | $565,000 | $690,000 | 22.1% | 1.1% |
| BROKER SOLUTIONS, INC. | $500,000 | $650,000 | 30.0% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $485,000 | $635,000 | 30.9% | 1.0% |
| CALCON MUTUAL MORTGAGE LLC | $625,000 | n/a | 1.0% | |
| CARDINAL FINANCIAL | $370,000 | $580,000 | 56.8% | 0.9% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $1,650,000 | $545,000 | -67.0% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $525,000 | $535,000 | 1.9% | 0.8% |
| Discover Bank | $495,000 | n/a | 0.8% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | $495,000 | 560.0% | 0.8% |
| Fifth Third Bank | $485,000 | n/a | 0.8% | |
| Bank of England | $610,000 | $455,000 | -25.4% | 0.7% |
| First Federal Bank | $425,000 | $435,000 | 2.4% | 0.7% |
| Wells Fargo Bank | $840,000 | $420,000 | -50.0% | 0.7% |
| CMG MORTGAGE, INC. | $1,090,000 | $415,000 | -61.9% | 0.6% |
| Towne Bank | $395,000 | n/a | 0.6% | |
| CAROLINAS TELCO FEDERAL CREDIT UNION | $375,000 | n/a | 0.6% | |
| LOANFLIGHT LENDING, LLC | $375,000 | n/a | 0.6% | |
| JPMorgan Chase Bank | $85,000 | $355,000 | 317.6% | 0.6% |
| NEWREZ LLC | $125,000 | $355,000 | 184.0% | 0.6% |
| TRIAD FINANCIAL SERVICES, INC. | $355,000 | n/a | 0.6% | |
| PENTAGON FEDERAL CREDIT UNION | $320,000 | n/a | 0.5% | |
| ALLIANT CREDIT UNION | $315,000 | n/a | 0.5% | |
| Commerce Home Mortgage, Inc. | $305,000 | n/a | 0.5% | |
| Lumbee Guaranty Bank | $195,000 | $295,000 | 51.3% | 0.5% |
| North State Bank | $265,000 | n/a | 0.4% | |
| PHH Mortgage Corporation | $265,000 | n/a | 0.4% | |
| MOVEMENT MORTGAGE, LLC | $865,000 | $250,000 | -71.1% | 0.4% |
| Coastal Community Bank | $240,000 | n/a | 0.4% | |
| First Reliance Bank | $235,000 | n/a | 0.4% | |
| PANORAMA MORTGAGE GROUP, LLC | $235,000 | n/a | 0.4% | |
| 1ST SIGNATURE LENDING, LLC | $245,000 | $225,000 | -8.2% | 0.4% |
| Bank of America | $85,000 | $225,000 | 164.7% | 0.4% |
| SeaTrust Mortgage Company | $185,000 | $225,000 | 21.6% | 0.4% |
| Prosperity Home Mortgage, LLC | $205,000 | n/a | 0.3% | |
| The Federal Savings Bank | $200,000 | n/a | 0.3% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $560,000 | $195,000 | -65.2% | 0.3% |
| General Mortgage Capital Corporation | $185,000 | n/a | 0.3% | |
| PLANET HOME LENDING, LLC | $185,000 | n/a | 0.3% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $175,000 | n/a | 0.3% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $175,000 | n/a | 0.3% | |
| RAPID MORTGAGE COMPANY | $225,000 | $175,000 | -22.2% | 0.3% |
| RELIANCE FIRST CAPITAL, LLC | $255,000 | $175,000 | -31.4% | 0.3% |
| Encompass Lending Group, LP | $155,000 | n/a | 0.2% | |
| LENDINGONE, LLC | $145,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $120,000 | $145,000 | 20.8% | 0.2% |
| GUILD MORTGAGE COMPANY | $135,000 | n/a | 0.2% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $135,000 | n/a | 0.2% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $400,000 | $125,000 | -68.8% | 0.2% |
| Citizens Bank | $65,000 | $125,000 | 92.3% | 0.2% |
| The Huntington National Bank | $125,000 | n/a | 0.2% | |
| AmeriHome Mortgage Company, LLC | $115,000 | n/a | 0.2% | |
| ALLEGACY FEDERAL CREDIT UNION | $105,000 | n/a | 0.2% | |
| Integrity Home Mortgage Corp | $105,000 | n/a | 0.2% | |
| LENDINGHOME FUNDING CORPORATION | $105,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $230,000 | $105,000 | -54.3% | 0.2% |
| NEW DAY FINANCIAL, LLC | $105,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $95,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $95,000 | n/a | 0.1% | |
| DELMAR FINANCIAL COMPANY | $85,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $85,000 | n/a | 0.1% | |
| Benchmark Community Bank | $65,000 | n/a | 0.1% | |
| Figure Lending LLC | $180,000 | $55,000 | -69.4% | 0.1% |
| COASTAL Federal Credit Union | $45,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $35,000 | n/a | 0.1% | |
| U.S. Bank | $290,000 | $35,000 | -87.9% | 0.1% |
| The Fidelity Bank | $15,000 | n/a | 0.0% |
Laurinburg's top lender by overall market share is STATE EMPLOYEES', with 10.6% market share. In second place, with 8.8%, is QUICKEN LOANS, LLC, having originated $5,660,000 in loans. In third place, with 4.5%, is Mortgage Research Center, LLC, having originated $2,910,000 in loans. In fourth place, with 4.5%, is Blue Ridge Bank, having originated $2,865,000 in loans. In fifth place, with 3.5%, is UNION HOME MORTGAGE CORP., having originated $2,250,000 in loans.
Laurinburg, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 219 | $39,625,000 | $180,936 |
| Refi | 55 | $10,645,000 | $193,545 |
| Cash Out Refi | 50 | $8,350,000 | $167,000 |
| Home Improvement | 40 | $3,180,000 | $79,500 |
| Other | 36 | $2,380,000 | $66,111 |
Laurinburg's most frequently cited loan purpose was Home Purchase, with 219 originations. The 2nd most popular reason was Refi, with 55 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 148 | $30,320,000 | $204,865 |
| 7-8% | 102 | $13,430,000 | $131,667 |
| Over 8% | 75 | $7,345,000 | $97,933 |
| 5-6% | 54 | $10,420,000 | $192,963 |
| 4-5% | 9 | $2,075,000 | $230,556 |
| <2.5% | 2 | $20,000 | $10,000 |
| 3-4% | 1 | $195,000 | $195,000 |
During 2024, Laurinburg's most frequently originated rate bucket was 6-7%, with 148 originations.
Loan Sizing (Laurinburg, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 148 | $21,540,000 | $145,541 |
| $100,000 or less | 139 | $7,975,000 | $57,374 |
| $200k-400k | 103 | $28,125,000 | $273,058 |
| $400k-600k | 8 | $3,690,000 | $461,250 |
| $600k-1000k | 1 | $625,000 | $625,000 |
| $Over $1MM | 1 | $2,225,000 | $2,225,000 |
Laurinburg's loan sizing saw the bucket of loans from $100k-200k with 148 originations, totaling $21,540,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 191 | $37,325,000 | $195,419 |
| 60-80% | 68 | $10,920,000 | $160,588 |
| 20-40% | 45 | $3,195,000 | $71,000 |
| 40-60% | 35 | $6,285,000 | $179,571 |
| Under 20% | 34 | $1,160,000 | $34,118 |
| Over 100% | 11 | $2,845,000 | $258,636 |
Laurinburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 191 originations, totaling $37,325,000 in origination value.