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.).
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.
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.
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.
