Sanford Mortgage Rates

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

30 Year Fixed Rate mortgages in Sanford 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 6.3% and one month ago for the week of 2022-05-26, the average rate was 5.59%.

Sanford's average rate one year ago was 3.44%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.85%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Sanford 30 Year Fixed Rate 2022-06-30 6.19%
Sanford 30 Year Fixed Rate Refi 2022-06-30 5.85%
Sanford 15 Year Fixed Rate 2022-06-30 5.51%
Sanford 15 Year Fixed Rate Refi 2022-06-30 5.09%
Sanford 30 Year FHA 2022-06-30 5.54%
Sanford 30 Year FHA Refi 2022-06-30 5.76%
Sanford 30 Year USDA 2022-06-30 5.77%
Sanford 30 Year USDA Refi 2022-06-30 5.51%
Sanford 30 Year VA 2022-06-30 5.81%
Sanford 30 Year VA Refi 2022-06-30 5.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sanford, NC.

Sanford 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 Sanford, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
STATE EMPLOYEES' 116 3.35% $3,885
QUICKEN LOANS, LLC 85 3.14% $4,381
CMG MORTGAGE, INC. 43 3.23% $4,713
Truist Bank 37 2.92% $3,286
Alcova Mortgage LLC 35 3.39% $2,674
MOVEMENT MORTGAGE, LLC 35 3.13% $3,450
Wells Fargo Bank 29 3.13% $2,993
UNITED WHOLESALE MORTGAGE, LLC 25 2.93% $3,780
First Bank 18 2.89% $3,762
LOANDEPOT.COM, LLC 17 3.03% $4,246
PRIMELENDING, A PLAINSCAPITAL COMPANY 15 3.29% $3,985
AMERISAVE MORTGAGE CORPORATION 15 2.97% $5,856
GoPrime Mortgage, Inc. 14 3.25% $3,368
Prosperity Home Mortgage, LLC 12 3.17% $3,289
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 3.20% $3,122
COASTAL Federal Credit Union 11 3.11% $2,569
GUARANTEED RATE, INC. 11 3.22% $3,528
NAVY FEDERAL CREDIT UNION 10 3.60% $3,339
UNION HOME MORTGAGE CORP. 10 3.18% $3,525
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 3.18% $5,319
First-Citizens Bank & Trust Company 9 3.35% $3,425
PENNYMAC LOAN SERVICES, LLC 8 3.00% $4,916
BROKER SOLUTIONS, INC. 8 3.12% $3,202
CALIBER HOME LOANS, INC. 8 3.01% $4,238
Corporate Investors Mortgage Group, Inc. 8 3.20% $3,168
LOCAL GOVERNMENT FEDERAL CREDIT UNION 8 3.24% $3,759
Bank of America 7 2.73% $3,385
PNC Bank 7 3.20% $3,335
LATINO COMMUNITY CREDIT UNION 7 5.79% $3,745
CROSSCOUNTRY MORTGAGE, LLC 7 3.32% $3,725
The Fidelity Bank 6 3.06% $3,372
ACADEMY MORTGAGE CORPORATION 6 3.06% $3,863
NFM, INC. 6 3.08% $4,066
HOME POINT FINANCIAL CORPORATION 6 3.23% $4,583
CORNERSTONE HOME LENDING, INC. 6 3.17% $4,050
BETTER MORTGAGE CORPORATION 6 2.92% $4,495
SOUTHERN TRUST MORTGAGE, LLC 6 3.08% $3,193
Towne Bank 5 3.20% $3,349
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 5 3.40% $4,135
JPMorgan Chase Bank 5 2.80% $4,104
CAPITAL CENTER, L.L.C. 5 3.08% $317
HOMESIDE FINANCIAL, LLC 5 3.04% $3,447
NEWREZ LLC 5 2.90% $4,157
United Community Bank 5 3.53% $4,751
Mr. Cooper ( Nationstar Mortgage ) 5 3.48% $4,646
Blue Ridge Bank 4 3.47% $6,584
The Central Trust Bank 4 3.06% $3,170
ZILLOW HOME LOANS, LLC 4 3.19% $1,744
EQUITY RESOURCES, INC. 4 3.47% $2,893
First National Bank of Pennsylvania 4 2.91% $3,478
CERTAINTY HOME LOANS, LLC 4 3.03% $4,201
American Security Mortgage Corp. 4 2.72% $3,236
Mortgage Research Center, LLC 4 2.84% $3,472
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 3.06% $1,804
Towne Mortgage of the Carolinas, LLC 3 3.25% $3,398
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 3.42% $3,430
INTERCOASTAL MORTGAGE COMPANY 3 3.25% $2,657
Regions Bank 3 3.04% $7,033
THE MORTGAGE FIRM, INC. 3 3.12% $3,267
FINANCE OF AMERICA MORTGAGE LLC 2 3.13% $3,572
AgFirst Farm Credit Bank 2 3.13% $5,416
AMERICAN FINANCIAL NETWORK, INC. 2 3.00% $8,342
Ameris Bank 2 2.93% $2,608
Carrington Mortgage Services, LLC 2 3.31% $3,312
CHURCHILL MORTGAGE CORPORATION 2 3.25% $2,745
First Heritage Mortgage, LLC 2 3.55% $2,814
Flagstar Bank, FSB 2 3.08% $4,876
FREEDOM MORTGAGE CORPORATION 2 3.44% $5,118
HOMESPIRE MORTGAGE CORPORATION 2 3.13% $3,462
HUNT MORTGAGE CORPORATION 2 3.00% $3,211
MILEND, INC. 2 3.31% $6,240
Nations Lending Corporation 2 3.31% $6,758
North State Bank 2 2.75% $4,018
Northwest Federal Credit Union 2 3.38% $2,155
PENTAGON FEDERAL CREDIT UNION 2 3.00% $1,197
PREMIA MORTGAGE, LLC 2 2.69% $1,463
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.25% $5,743
Renasant Bank 2 2.63% $4,671
Southern Bank and Trust Company 2 3.19% $3,095
The Federal Savings Bank 2 3.13% $3,275
FIRST COMMUNITY MORTGAGE, INC. 1 2.88% $5,031
InterContinental Capital Group, Inc 1 2.63% $1,520
JET HOMELOANS, LLC 1 3.25% $6,555
FIRST ALLIANCE HOME MORTGAGE, LLC 1 3.63% $5,041
KELLER MORTGAGE, LLC 1 3.25% $2,469
Kwik Mortgage Corporation 1 2.88% $1,433
LAND HOME FINANCIAL SERVICES, INC. 1 3.75% $2,909
Encompass Lending Group, LP 1 3.13% $4,923
Dollar Bank, Federal Savings Bank 1 2.88% $7,243
LOANPAL, LLC 1 2.75% $5,171
Discover Bank 1 3.99% $0
AMERICAN FEDERAL MORTGAGE CORPORATION 1 3.25% $2,874
DIRECT MORTGAGE LOANS, LLC 1 3.50% $4,315
Deere Employees Credit Union 1 3.00% $2,825
DAS Acquisition Company, LLC 1 2.63% $2,236
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $5,979
ALLIED MORTGAGE GROUP, INC. 1 3.63% $6,631
Citizens Bank 1 3.50% $5,701
Charles Schwab Bank, SSB 1 2.10% $2,436
C & F Mortgage Corporation 1 3.13% $2,211
Northpointe Bank 1 3.38% $2,971
Allen Tate Mortgage Partners, LLC 1 3.38% $2,905
USAA Federal Savings Bank 1 2.88% $5,249
NTFN, INC. 1 3.25% $52
PANORAMA MORTGAGE GROUP, LLC 1 3.25% $4,455
Cf Bank 1 3.00% $1,536
U.S. Bank 1 3.13% $2,891
PLUS RELOCATION MORTGAGE, LLC 1 2.75% $3,665
Capital Bank 1 3.50% $3,765
VAN DYK MORTGAGE CORPORATION 1 3.13% $3,553
Presidential Bank, FSB 1 2.50% $7,051
A&D Mortgage LLC 1 4.99% $11,980
BNC National Bank 1 2.75% $3,330
BEST CAPITAL FUNDING 1 3.25% $6,445
Baxter Credit Union 1 3.00% $2,993
Bank of England 1 3.25% $3,192
Wolfe Financial, Inc 1 2.88% $5,441
RESIDENTIAL MORTGAGE SERVICES, INC. 1 2.63% $3,933
RESOURCE FINANCIAL SERVICES, INC. 1 3.13% $2,831
RUOFF MORTGAGE COMPANY, INC. 1 3.00% $4,139
Shamrock Home Loans, Inc. 1 3.38% $3,843
Wyndham Capital Mortgage, Inc. 1 2.88% $1,826
Auto Club Trust, FSB 1 3.13% $2,266
Aurora Financial, LLC 1 2.75% $1,410
T2 FINANCIAL LLC 1 3.25% $3,765
TD Bank 1 2.75% $1,699
Atlantic Coast Mortgage, LLC 1 3.38% $3,404
ACCELERATE MORTGAGE, LLC 1 3.50% $5,433
ARC HOME LLC 1 3.38% $3,241
AmeriHome Mortgage Company, LLC 1 3.99% $2,193
TIDEWATER MORTGAGE SERVICES, INC. 1 3.13% $2,612
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.25% $4,785
Gateway First Bank 1 3.38% $3,520
GUARANTEED RATE AFFINITY, LLC 1 3.99% $3,147
First Horizon Bank 1 3.63% $3,412
HAMILTON HOME LOANS, INC. 1 3.75% $3,766
HARBORONE MORTGAGE, LLC 1 3.50% $2,427
FIRST HOME MORTGAGE CORPORATION 1 3.63% $3,387
First Guaranty Mortgage Corporation 1 3.75% $3,870
American National Bank and Trust Company 1 3.25% $3,876
Hometown Equity Mortgage, LLC 1 3.00% $7,220
Hometown Lenders, Inc. 1 3.50% $4,975
HSBC BANK USA, NATIONAL ASSOCIATION 1 3.77% $3,932
AMERICAN FINANCING CORPORATION 1 2.99% $4,801

Sanford, NC's 144 lenders originated 2,541 loans during 2021. The total origination value was $486,095,000, with an average loan value of $191,301.

The top Sanford lender as defined by loan originations is STATE EMPLOYEES', with 116 loans originated. Their average total fees are $3,885, which is $497 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Sanford lenders (with over 10 loans originated) are COASTAL Federal Credit Union ($2,569), Alcova Mortgage LLC ($2,674), Wells Fargo Bank ($2,993), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,122) and Truist Bank ($3,286).

The lowest rate Sanford lenders (with over 10 loans originated) are First Bank (2.89%), Truist Bank (2.92%), UNITED WHOLESALE MORTGAGE, LLC (2.93%), AMERISAVE MORTGAGE CORPORATION (2.97%) and LOANDEPOT.COM, LLC (3.03%).

Sanford, NC 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
STATE EMPLOYEES' $29,225,000 $45,015,000 54.0% 9.3%
QUICKEN LOANS, LLC $30,570,000 $43,050,000 40.8% 8.9%
CMG MORTGAGE, INC. $25,585,000 $24,025,000 -6.1% 4.9%
Truist Bank $21,695,000 $17,985,000 -17.1% 3.7%
FREEDOM MORTGAGE CORPORATION $16,780,000 $15,145,000 -9.7% 3.1%
MOVEMENT MORTGAGE, LLC $6,545,000 $14,705,000 124.7% 3.0%
Alcova Mortgage LLC $10,115,000 $13,080,000 29.3% 2.7%
Wells Fargo Bank $12,090,000 $12,880,000 6.5% 2.6%
LOANDEPOT.COM, LLC $5,535,000 $12,710,000 129.6% 2.6%
First Bank $20,240,000 $11,945,000 -41.0% 2.5%
Mortgage Research Center, LLC $8,795,000 $10,235,000 16.4% 2.1%
First National Bank of Pennsylvania $5,535,000 $9,685,000 75.0% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $6,695,000 $9,035,000 35.0% 1.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,135,000 $8,335,000 35.9% 1.7%
GoPrime Mortgage, Inc. $7,955,000 $8,070,000 1.4% 1.7%
First-Citizens Bank & Trust Company $6,265,000 $7,540,000 20.4% 1.6%
PENNYMAC LOAN SERVICES, LLC $4,480,000 $7,525,000 68.0% 1.5%
CORNERSTONE HOME LENDING, INC. $3,315,000 $5,855,000 76.6% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $5,250,000 $5,850,000 11.4% 1.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,310,000 $5,665,000 71.1% 1.2%
PNC Bank $7,645,000 $5,360,000 -29.9% 1.1%
USAA Federal Savings Bank $6,035,000 $5,060,000 -16.2% 1.0%
UNION HOME MORTGAGE CORP. $2,865,000 $4,880,000 70.3% 1.0%
SOUTHERN TRUST MORTGAGE, LLC $5,090,000 $4,710,000 -7.5% 1.0%
NAVY FEDERAL CREDIT UNION $4,065,000 $4,605,000 13.3% 0.9%
HOMESIDE FINANCIAL, LLC $2,210,000 $4,535,000 105.2% 0.9%
American Security Mortgage Corp. $3,715,000 $4,415,000 18.8% 0.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,425,000 $4,010,000 181.4% 0.8%
CALIBER HOME LOANS, INC. $2,680,000 $3,985,000 48.7% 0.8%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,560,000 $3,920,000 10.1% 0.8%
GUARANTEED RATE, INC. $2,325,000 $3,710,000 59.6% 0.8%
INTERCOASTAL MORTGAGE COMPANY $980,000 $3,615,000 268.9% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $5,230,000 $3,590,000 -31.4% 0.7%
Prosperity Home Mortgage, LLC $1,815,000 $3,415,000 88.2% 0.7%
COASTAL Federal Credit Union $3,400,000 $3,395,000 -0.1% 0.7%
LAKEVIEW LOAN SERVICING, LLC $1,930,000 $3,335,000 72.8% 0.7%
AMERISAVE MORTGAGE CORPORATION $3,235,000 $3,330,000 2.9% 0.7%
The Federal Savings Bank $2,430,000 $3,330,000 37.0% 0.7%
Blue Ridge Bank $790,000 $3,270,000 313.9% 0.7%
CERTAINTY HOME LOANS, LLC $1,565,000 $3,075,000 96.5% 0.6%
HOME POINT FINANCIAL CORPORATION $1,485,000 $2,980,000 100.7% 0.6%
The Fidelity Bank $2,980,000 $2,805,000 -5.9% 0.6%
VILLAGE CAPITAL & INVESTMENT LLC $2,275,000 $2,635,000 15.8% 0.5%
BETTER MORTGAGE CORPORATION $620,000 $2,550,000 311.3% 0.5%
EQUITY RESOURCES, INC. $1,645,000 $2,415,000 46.8% 0.5%
JPMorgan Chase Bank $2,010,000 $2,350,000 16.9% 0.5%
NFM, INC. $955,000 $2,255,000 136.1% 0.5%
Towne Bank $1,175,000 $2,225,000 89.4% 0.5%
BROKER SOLUTIONS, INC. $1,110,000 $2,185,000 96.8% 0.4%
Bank of America $1,265,000 $2,150,000 70.0% 0.4%
NEW DAY FINANCIAL, LLC $1,585,000 $2,145,000 35.3% 0.4%
Nations Lending Corporation $900,000 $1,780,000 97.8% 0.4%
AgFirst Farm Credit Bank $445,000 $1,750,000 293.3% 0.4%
Corporate Investors Mortgage Group, Inc. $1,235,000 $1,750,000 41.7% 0.4%
Barrington Bank & Trust Company, N.A. $1,355,000 $1,720,000 26.9% 0.4%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,020,000 $1,710,000 67.6% 0.4%
ACADEMY MORTGAGE CORPORATION $3,195,000 $1,655,000 -48.2% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $810,000 $1,610,000 98.8% 0.3%
RESIDENTIAL MORTGAGE SERVICES, INC. $1,285,000 $1,480,000 15.2% 0.3%
NEWREZ LLC $2,195,000 $1,415,000 -35.5% 0.3%
CLEARPATH LENDING $1,565,000 $1,365,000 -12.8% 0.3%
Flagstar Bank, FSB $360,000 $1,310,000 263.9% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $810,000 $1,300,000 60.5% 0.3%
Carrington Mortgage Services, LLC $2,245,000 $1,280,000 -43.0% 0.3%
LATINO COMMUNITY CREDIT UNION $625,000 $1,235,000 97.6% 0.3%
North State Bank $865,000 $1,220,000 41.0% 0.3%
First Heritage Mortgage, LLC $780,000 $1,180,000 51.3% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $1,170,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $480,000 $1,135,000 136.5% 0.2%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $470,000 $1,130,000 140.4% 0.2%
T2 FINANCIAL LLC $1,110,000 n/a 0.2%
OVM FINANCIAL, INC. $1,480,000 $1,100,000 -25.7% 0.2%
AMERICAN FINANCING CORPORATION $240,000 $1,095,000 356.3% 0.2%
CAPITAL CENTER, L.L.C. $1,095,000 n/a 0.2%
JET HOMELOANS, LLC $1,055,000 n/a 0.2%
Ameris Bank $2,585,000 $1,045,000 -59.6% 0.2%
DAS Acquisition Company, LLC $880,000 $1,030,000 17.0% 0.2%
CHURCHILL MORTGAGE CORPORATION $970,000 $1,010,000 4.1% 0.2%
United Community Bank $610,000 $1,010,000 65.6% 0.2%
BNC National Bank $560,000 $1,005,000 79.5% 0.2%
KELLER MORTGAGE, LLC $255,000 $990,000 288.2% 0.2%
ACCELERATE MORTGAGE, LLC $980,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $615,000 $950,000 54.5% 0.2%
The Central Trust Bank $300,000 $930,000 210.0% 0.2%
United Bank $925,000 n/a 0.2%
Bank of England $225,000 $900,000 300.0% 0.2%
HOMESPIRE MORTGAGE CORPORATION $470,000 $890,000 89.4% 0.2%
Lakeview Community Capital, LLC $655,000 $890,000 35.9% 0.2%
Northpointe Bank $410,000 $850,000 107.3% 0.2%
Regions Bank $345,000 $815,000 136.2% 0.2%
Paramount Bank $805,000 n/a 0.2%
North American Savings Bank, F.S.B. $235,000 $800,000 240.4% 0.2%
PENTAGON FEDERAL CREDIT UNION $925,000 $795,000 -14.1% 0.2%
1ST SIGNATURE LENDING, LLC $785,000 n/a 0.2%
First Horizon Bank $955,000 $780,000 -18.3% 0.2%
THE MORTGAGE FIRM, INC. $155,000 $780,000 403.2% 0.2%
Towne Mortgage of the Carolinas, LLC $1,900,000 $765,000 -59.7% 0.2%
AMERICAN INTERNET MORTGAGE, INC. $600,000 $745,000 24.2% 0.2%
LENDINGHOME FUNDING CORPORATION $745,000 n/a 0.2%
First Guaranty Mortgage Corporation $280,000 $725,000 158.9% 0.1%
21ST MORTGAGE CORPORATION $535,000 $720,000 34.6% 0.1%
Century Mortgage Company DBA Century Lending Company $705,000 n/a 0.1%
Allen Tate Mortgage Partners, LLC $695,000 n/a 0.1%
PREMIA MORTGAGE, LLC $540,000 $690,000 27.8% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,785,000 $690,000 -61.3% 0.1%
Peoples Bank $215,000 $675,000 214.0% 0.1%
ZILLOW HOME LOANS, LLC $660,000 n/a 0.1%
Low VA Rates, LLC $105,000 $605,000 476.2% 0.1%
CONTOUR MORTGAGE CORPORATION $125,000 $600,000 380.0% 0.1%
GUARANTEED RATE AFFINITY, LLC $205,000 $600,000 192.7% 0.1%
Shamrock Home Loans, Inc. $570,000 n/a 0.1%
HUNT MORTGAGE CORPORATION $695,000 $560,000 -19.4% 0.1%
Citizens Bank $395,000 $540,000 36.7% 0.1%
U.S. Bank $745,000 $530,000 -28.9% 0.1%
Keystone Funding, Inc. $500,000 n/a 0.1%
LOANPAL, LLC $370,000 $495,000 33.8% 0.1%
Victorian Finance, LLC $480,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $740,000 $470,000 -36.5% 0.1%
MILEND, INC. $470,000 n/a 0.1%
Core Bank $465,000 n/a 0.1%
GENEVA FINANCIAL, LLC $460,000 n/a 0.1%
SIRVA MORTGAGE, INC. $455,000 n/a 0.1%
Magnolia Bank $540,000 $430,000 -20.4% 0.1%
Renasant Bank $430,000 n/a 0.1%
PHH Mortgage Corporation $415,000 n/a 0.1%
SHELTER HOME MORTGAGE, LLC $380,000 $410,000 7.9% 0.1%
Plains Commerce Bank $400,000 n/a 0.1%
First Home Bank $175,000 $390,000 122.9% 0.1%
PLUS RELOCATION MORTGAGE, LLC $385,000 n/a 0.1%
BEST CAPITAL FUNDING $375,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $125,000 $375,000 200.0% 0.1%
Presidential Bank, FSB $375,000 n/a 0.1%
AMERICAN ADVISORS GROUP $85,000 $365,000 329.4% 0.1%
American National Bank and Trust Company $365,000 n/a 0.1%
Dollar Bank, Federal Savings Bank $365,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $505,000 $355,000 -29.7% 0.1%
Texana Bank $355,000 n/a 0.1%
Manufacturers and Traders Trust Company $350,000 n/a 0.1%
Northwest Federal Credit Union $355,000 $350,000 -1.4% 0.1%
Wyndham Capital Mortgage, Inc. $480,000 $345,000 -28.1% 0.1%
Paramount Residential Mortgage Group, Inc. $125,000 $340,000 172.0% 0.1%
CALCON MUTUAL MORTGAGE LLC $335,000 n/a 0.1%
Encompass Lending Group, LP $335,000 n/a 0.1%
MLD MORTGAGE INC. $335,000 n/a 0.1%
Cf Bank $275,000 $325,000 18.2% 0.1%
Discover Bank $85,000 $325,000 282.4% 0.1%
ROYAL UNITED MORTGAGE LLC $465,000 $325,000 -30.1% 0.1%
Baxter Credit Union $320,000 n/a 0.1%
InterContinental Capital Group, Inc $1,035,000 $315,000 -69.6% 0.1%
Kwik Mortgage Corporation $315,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,070,000 $315,000 -70.6% 0.1%
SWBC MORTGAGE CORPORATION $305,000 n/a 0.1%
Capital Bank $285,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $145,000 $285,000 96.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $795,000 $270,000 -66.0% 0.1%
A&D Mortgage LLC $265,000 n/a 0.1%
KS StateBank $265,000 n/a 0.1%
VAN DYK MORTGAGE CORPORATION $85,000 $265,000 211.8% 0.1%
Aurora Financial, LLC $255,000 n/a 0.1%
FBC MORTGAGE, LLC $225,000 $255,000 13.3% 0.1%
GUILD MORTGAGE COMPANY $255,000 n/a 0.1%
ACOPIA, LLC $245,000 n/a 0.1%
LENDERFI, INC. $245,000 n/a 0.1%
TIDEWATER MORTGAGE SERVICES, INC. $245,000 n/a 0.1%
ANGEL OAK HOME LOANS LLC $390,000 $235,000 -39.7% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $235,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $230,000 n/a 0.0%
MORTGAGE INVESTORS GROUP, INC. $225,000 n/a 0.0%
ARC HOME LLC $215,000 n/a 0.0%
Southern Bank and Trust Company $75,000 $210,000 180.0% 0.0%
Truliant Federal Credit Union $175,000 $210,000 20.0% 0.0%
ATHAS CAPITAL GROUP, INC. $205,000 n/a 0.0%
FIRST HOME MORTGAGE CORPORATION $205,000 n/a 0.0%
Gateway First Bank $205,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $205,000 n/a 0.0%
SELF-HELP Credit Union $185,000 $205,000 10.8% 0.0%
West Town Bank & Trust $320,000 $205,000 -35.9% 0.0%
AMERIFIRST FINANCIAL CORPORATION $75,000 $195,000 160.0% 0.0%
GSF Mortgage Corporation $195,000 n/a 0.0%
US MORTGAGE CORPORATION $315,000 $195,000 -38.1% 0.0%
Wolfe Financial, Inc $290,000 $195,000 -32.8% 0.0%
Austin Capital Bank SSB $185,000 n/a 0.0%
Auto Club Trust, FSB $185,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $185,000 n/a 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $185,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $175,000 n/a 0.0%
C & F Mortgage Corporation $175,000 n/a 0.0%
CORNING $165,000 $175,000 6.1% 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $175,000 n/a 0.0%
HARBORONE MORTGAGE, LLC $175,000 n/a 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $1,310,000 $175,000 -86.6% 0.0%
PANORAMA MORTGAGE GROUP, LLC $175,000 n/a 0.0%
Atlantic Coast Mortgage, LLC $215,000 $165,000 -23.3% 0.0%
Colten Mortgage, LLC $165,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $165,000 n/a 0.0%
First Federal Bank $625,000 $165,000 -73.6% 0.0%
Goldman Sachs Bank USA $165,000 n/a 0.0%
HAMILTON HOME LOANS, INC. $380,000 $165,000 -56.6% 0.0%
Hometown Equity Mortgage, LLC $165,000 n/a 0.0%
NTFN, INC. $165,000 n/a 0.0%
RESOURCE FINANCIAL SERVICES, INC. $515,000 $165,000 -68.0% 0.0%
ALL REVERSE MORTGAGE, INC. $155,000 n/a 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $155,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $155,000 n/a 0.0%
Ixonia Bank $155,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $155,000 n/a 0.0%
SIGNATURE MORTGAGE CORPORATION $85,000 $155,000 82.4% 0.0%
Hometown Lenders, Inc. $890,000 $145,000 -83.7% 0.0%
PLANET HOME LENDING, LLC $865,000 $145,000 -83.2% 0.0%
OCMBC, INC. $135,000 n/a 0.0%
TD Bank $135,000 n/a 0.0%
The Huntington National Bank $195,000 $135,000 -30.8% 0.0%
Alpha Mortgage Corporation $125,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $125,000 n/a 0.0%
ASSEMBLIES OF GOD Credit Union $125,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $125,000 n/a 0.0%
Deere Employees Credit Union $380,000 $125,000 -67.1% 0.0%
RUOFF MORTGAGE COMPANY, INC. $125,000 n/a 0.0%
Ally Bank $240,000 $115,000 -52.1% 0.0%
AMCAP MORTGAGE, LTD. $115,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $45,000 $115,000 155.6% 0.0%
RAPID MORTGAGE COMPANY $105,000 $105,000 0.0% 0.0%
Figure Lending LLC $35,000 $100,000 185.7% 0.0%
Charles Schwab Bank, SSB $95,000 n/a 0.0%
SHARONVIEW FEDERAL CREDIT UNION $115,000 $85,000 -26.1% 0.0%
Citibank $75,000 n/a 0.0%
SPRING EQ, LLC $70,000 n/a 0.0%
CORPORATE AMERICA FAMILY $65,000 n/a 0.0%
AMERICAN HERITAGE FCU $35,000 n/a 0.0%
Bethpage Federal Credit Union $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

Sanford's top lender by overall market share is STATE EMPLOYEES', with 9.3% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $43,050,000 in loans. In third place, with 4.9%, is CMG MORTGAGE, INC., having originated $24,025,000 in loans. In third place, with 3.7%, is Truist Bank, having originated $17,985,000 in loans. In third place, with 3.1%, is FREEDOM MORTGAGE CORPORATION, having originated $15,145,000 in loans.


Sanford, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,109 $249,635,000 $225,099
Refi 869 $155,535,000 $178,982
Cash Out Refi 356 $65,760,000 $184,719
Other 113 $8,635,000 $76,416
Home Improvement 94 $6,530,000 $69,468

Sanford's most frequently cited loan purpose was Home Purchase, with 1,109 originations. The 2nd most popular reason was Refi, with 869 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,002 $193,540,000 $193,154
3-4% 946 $185,420,000 $196,004
<2.5% 440 $88,070,000 $200,159
4-5% 94 $13,290,000 $141,383
5-6% 25 $2,865,000 $114,600
Over 8% 14 $1,440,000 $102,857
6-7% 13 $985,000 $75,769
7-8% 6 $480,000 $80,000

During 2021, Sanford's most frequently originated rate bucket was 2.5-3%, with 1,002 originations.

Loan Sizing (Sanford, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,100 $166,860,000 $151,691
$200k-400k 949 $248,425,000 $261,776
$100,000 or less 396 $24,120,000 $60,909
$400k-600k 86 $38,950,000 $452,907
$600k-1000k 9 $6,375,000 $708,333
$Over $1MM 1 $1,365,000 $1,365,000

Sanford's loan sizing saw the bucket of loans from $100k-200k with 1,100 originations, totaling $166,860,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,078 $249,280,000 $231,243
60-80% 695 $130,995,000 $188,482
40-60% 294 $43,000,000 $146,259
20-40% 155 $14,305,000 $92,290
Under 20% 126 $4,640,000 $36,825
Over 100% 80 $22,080,000 $276,000

Sanford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,078 originations, totaling $249,280,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Sanford (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 $214,885 (2.6%) $236,829 (1.4%) 0.00 399
2018-02-01 $214,885 (0.5%) $236,566 (0.7%) 0.00 364
2018-03-01 $225,000 (2.5%) $244,673 (1.0%) 0.00 372
2018-04-01 $232,450 (4.8%) $250,629 (2.3%) 0.00 371
2018-05-01 $234,450 (5.0%) $246,594 (-0.6%) 0.00 361
2018-06-01 $228,500 (3.7%) $243,984 (0.0%) 0.00 355
2018-07-01 $235,000 (7.3%) $249,368 (0.9%) 0.00 361
2018-08-01 $236,250 (10.2%) $250,877 (7.4%) 0.00 358
2018-09-01 $232,900 (10.9%) $243,708 (5.7%) 0.00 352
2018-10-01 $232,500 (10.2%) $244,689 (6.4%) 0.00 339
2018-11-01 $235,999 (9.8%) $247,186 (5.3%) 0.00 329
2018-12-01 $231,000 (7.5%) $243,885 (4.9%) 0.00 321
2019-01-01 $232,000 (8.0%) $247,677 (4.6%) 0.00 314
2019-02-01 $239,450 (11.4%) $255,061 (7.8%) 0.00 325
2019-03-01 $241,207 (7.2%) $262,991 (7.5%) 0.00 321
2019-04-01 $243,975 (5.0%) $272,597 (8.8%) 0.00 328
2019-05-01 $242,200 (3.3%) $272,740 (10.6%) 0.00 351
2019-06-01 $245,000 (7.2%) $277,656 (13.8%) 0.00 341
2019-07-01 $249,200 (6.0%) $278,812 (11.8%) 0.00 348
2019-08-01 $241,357 (2.2%) $278,709 (11.1%) 0.00 354
2019-09-01 $236,500 (1.6%) $274,924 (12.8%) 0.00 355
2019-10-01 $237,450 (2.1%) $275,999 (12.8%) 0.00 329
2019-11-01 $230,000 (-2.5%) $277,638 (12.3%) 0.00 287
2019-12-01 $225,000 (-2.6%) $272,161 (11.6%) 0.00 268
2020-01-01 $224,100 (-3.4%) $262,708 (6.1%) 0.00 259
2020-02-01 $234,900 (-1.9%) $277,647 (8.9%) 0.00 219
2020-03-01 $247,750 (2.7%) $291,331 (10.8%) 0.00 209
2020-04-01 $254,800 (4.4%) $289,668 (6.3%) 0.00 221
2020-05-01 $248,950 (2.8%) $280,243 (2.8%) 0.00 201
2020-06-01 $259,750 (6.0%) $291,541 (5.0%) 0.00 146
2020-07-01 $267,450 (7.3%) $289,931 (4.0%) 0.00 126
2020-08-01 $259,500 (7.5%) $289,277 (3.8%) 0.00 133
2020-09-01 $272,400 (15.2%) $296,574 (7.9%) 0.00 121
2020-10-01 $269,900 (13.7%) $314,022 (13.8%) 0.00 105
2020-11-01 $255,000 (10.9%) $312,259 (12.5%) 0.00 100
2020-12-01 $259,950 (15.5%) $319,245 (17.3%) 0.00 87
2021-01-01 $267,500 (19.4%) $320,701 (22.1%) 0.00 79
2021-02-01 $280,000 (19.2%) $322,112 (16.0%) 0.00 82
2021-03-01 $276,746 (11.7%) $295,823 (1.5%) 0.00 79
2021-04-01 $282,500 (10.9%) $314,944 (8.7%) 0.00 77
2021-05-01 $275,000 (10.5%) $348,500 (24.4%) 0.00 71
2021-06-01 $303,996 (17.0%) $372,104 (27.6%) 0.00 69
2021-07-01 $309,750 (15.8%) $381,249 (31.5%) 0.00 88
2021-08-01 $315,000 (21.4%) $375,831 (29.9%) 0.00 116
2021-09-01 $307,000 (12.7%) $363,060 (22.4%) 0.00 126
2021-10-01 $289,800 (7.4%) $380,823 (21.3%) 0.00 121
2021-11-01 $332,450 (30.4%) $404,837 (29.7%) 0.00 102
2021-12-01 $347,360 (33.6%) $443,977 (39.1%) 0.00 79
2022-01-01 $315,000 (17.8%) $398,442 (24.2%) 0.00 54
2022-02-01 $309,950 (10.7%) $378,233 (17.4%) 0.00 46
2022-03-01 $334,750 (21.0%) $397,571 (34.4%) 0.00 52
2022-04-01 $359,900 (27.4%) $430,407 (36.7%) 0.00 50
2022-05-01 $323,950 (17.8%) $422,861 (21.3%) 0.00 63
2022-06-01 $341,450 (12.3%) $411,072 (10.5%) 0.00 93
Sanford's median listing price for 2022-06-01 was $341,450, a difference of $37,454 (12.3%) versus the prior year and $17,500 versus the prior month.

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

Sanford's average listing price for 2022-06-01 was $411,072, a difference of $38,968 (10.5%) versus the prior year and $-11,789 versus the prior month.

For the 2022-06-01 period, Sanford had 93 MLS listings, a difference of 30 listings (48%) versus the prior month and 24 listings (35%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Sanford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,300 sqft
2018-02-01 0 days 2,300 sqft
2018-03-01 0 days 2,300 sqft
2018-04-01 0 days 2,300 sqft
2018-05-01 0 days 2,300 sqft
2018-06-01 0 days 2,300 sqft
2018-07-01 0 days 2,300 sqft
2018-08-01 0 days 2,306 sqft
2018-09-01 0 days 2,300 sqft
2018-10-01 0 days 2,300 sqft
2018-11-01 0 days 2,300 sqft
2018-12-01 0 days 2,201 sqft
2019-01-01 0 days 2,200 sqft
2019-02-01 0 days 2,254 sqft
2019-03-01 0 days 2,248 sqft
2019-04-01 0 days 2,300 sqft
2019-05-01 0 days 2,300 sqft
2019-06-01 0 days 2,300 sqft
2019-07-01 0 days 2,300 sqft
2019-08-01 0 days 2,284 sqft
2019-09-01 0 days 2,262 sqft
2019-10-01 0 days 2,124 sqft
2019-11-01 0 days 2,100 sqft
2019-12-01 0 days 2,100 sqft
2020-01-01 0 days 2,100 sqft
2020-02-01 0 days 2,100 sqft
2020-03-01 0 days 2,300 sqft
2020-04-01 0 days 2,300 sqft
2020-05-01 0 days 2,264 sqft
2020-06-01 0 days 2,300 sqft
2020-07-01 0 days 2,336 sqft
2020-08-01 0 days 2,300 sqft
2020-09-01 0 days 2,300 sqft
2020-10-01 0 days 2,296 sqft
2020-11-01 0 days 2,295 sqft
2020-12-01 0 days 2,328 sqft
2021-01-01 0 days 2,145 sqft
2021-02-01 0 days 2,286 sqft
2021-03-01 0 days 2,100 sqft
2021-04-01 0 days 2,196 sqft
2021-05-01 0 days 2,100 sqft
2021-06-01 0 days 2,107 sqft
2021-07-01 0 days 2,329 sqft
2021-08-01 0 days 2,294 sqft
2021-09-01 0 days 2,157 sqft
2021-10-01 0 days 2,119 sqft
2021-11-01 0 days 2,326 sqft
2021-12-01 0 days 2,300 sqft
2022-01-01 0 days 2,300 sqft
2022-02-01 0 days 2,024 sqft
2022-03-01 0 days 2,200 sqft
2022-04-01 0 days 2,300 sqft
2022-05-01 0 days 2,177 sqft
2022-06-01 0 days 2,325 sqft
Sanford's median listing age (time on market) for 2022-06-01 was 0 days.

Sanford's median square footage for active listings during the 2022-06-01 period was 2,325 sqft. One year prior, the average listing was 2,107 sqft.