Sanford Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sanford averaged
6.59%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.92% and
one month ago for the week of 2025-05-15, the
average rate was 6.59%.
Sanford's average rate one year ago was 6.63%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Sanford 30 Year Fixed Rate | 2025-06-18 | 6.59% |
| Sanford 30 Year Fixed Rate Refi | 2025-06-18 | 6.81% |
| Sanford 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Sanford 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Sanford 30 Year FHA | 2025-06-18 | -0.99% |
| Sanford 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Sanford 30 Year USDA | 2025-06-18 | 0.1% |
| Sanford 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Sanford 30 Year VA | 2025-06-18 | -0.02% |
| Sanford 30 Year VA Refi | 2025-06-18 | -0.2% |
Sanford 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 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 Average Closing Costs & Other Stats
Sanford, NC's 87 lenders originated 1,569
loans during 2024. The total origination value was $386,575,000, with an average loan value of
$246,383.
Sanford's average closing costs are $5,644.
The top Sanford lender as defined by loan originations is STATE EMPLOYEES', with
48 loans originated. Their average total fees are
$4,000, which is $1,562
higher than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee Sanford lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($2,439), South Pacific Financial Corporation ($2,473), STATE EMPLOYEES' ($4,000), American Security Mortgage Corp. ($5,295) and QUICKEN LOANS, LLC ($5,745).
The lowest rate Sanford lenders (with over 10 loans originated) are
South Pacific Financial Corporation (5.83%), DHI MORTGAGE COMPANY, LTD. (5.84%), STATE EMPLOYEES' (6.27%), NVR Mortgage Finance, Inc. (6.36%) and American Security Mortgage Corp. (6.45%).
Sanford, 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 |
|---|---|---|---|---|
| DHI MORTGAGE COMPANY, LTD. | $27,160,000 | $54,215,000 | 99.6% | 14.0% |
| STATE EMPLOYEES' | $31,380,000 | $22,750,000 | -27.5% | 5.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $10,185,000 | $21,825,000 | 114.3% | 5.6% |
| QUICKEN LOANS, LLC | $15,870,000 | $15,645,000 | -1.4% | 4.0% |
| MOVEMENT MORTGAGE, LLC | $19,765,000 | $14,365,000 | -27.3% | 3.7% |
| GUILD MORTGAGE COMPANY | $4,315,000 | $13,045,000 | 202.3% | 3.4% |
| NVR Mortgage Finance, Inc. | $275,000 | $11,570,000 | 4,107.3% | 3.0% |
| Mortgage Research Center, LLC | $8,360,000 | $8,965,000 | 7.2% | 2.3% |
| FREEDOM MORTGAGE CORPORATION | $3,590,000 | $8,835,000 | 146.1% | 2.3% |
| South Pacific Financial Corporation | $965,000 | $8,790,000 | 810.9% | 2.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,260,000 | $8,655,000 | 103.2% | 2.2% |
| NAVY FEDERAL CREDIT UNION | $8,355,000 | $8,405,000 | 0.6% | 2.2% |
| PENNYMAC LOAN SERVICES, LLC | $3,090,000 | $7,255,000 | 134.8% | 1.9% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,425,000 | $7,215,000 | 197.5% | 1.9% |
| FBC MORTGAGE, LLC | $6,545,000 | n/a | 1.7% | |
| JET HOMELOANS, LLC | $3,030,000 | $6,225,000 | 105.4% | 1.6% |
| CORNERSTONE HOME LENDING, INC. | $4,410,000 | $5,895,000 | 33.7% | 1.5% |
| First-Citizens Bank & Trust Company | $6,325,000 | $5,885,000 | -7.0% | 1.5% |
| Truist | $5,585,000 | $5,450,000 | -2.4% | 1.4% |
| VILLAGE CAPITAL MORTGAGE | $295,000 | $5,355,000 | 1,715.3% | 1.4% |
| First National Bank of Pennsylvania | $8,560,000 | $4,885,000 | -42.9% | 1.3% |
| First Bank | $6,040,000 | $4,875,000 | -19.3% | 1.3% |
| American Security Mortgage Corp. | $2,845,000 | $4,680,000 | 64.5% | 1.2% |
| NFM, INC. | $2,265,000 | $4,595,000 | 102.9% | 1.2% |
| Machias Savings Bank | $4,055,000 | n/a | 1.0% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,620,000 | $3,610,000 | 122.8% | 0.9% |
| UNION HOME MORTGAGE CORP. | $2,675,000 | $3,390,000 | 26.7% | 0.9% |
| COASTAL Federal Credit Union | $3,880,000 | $3,065,000 | -21.0% | 0.8% |
| BROKER SOLUTIONS, INC. | $1,155,000 | $2,785,000 | 141.1% | 0.7% |
| Wells Fargo Bank | $4,575,000 | $2,740,000 | -40.1% | 0.7% |
| Alcova Mortgage LLC | $1,505,000 | $2,705,000 | 79.7% | 0.7% |
| GoPrime Mortgage, Inc. | $6,360,000 | $2,570,000 | -59.6% | 0.7% |
| CARDINAL FINANCIAL | $1,445,000 | $2,450,000 | 69.6% | 0.6% |
| The Fidelity Bank | $4,700,000 | $2,450,000 | -47.9% | 0.6% |
| Prosperity Home Mortgage, LLC | $1,195,000 | $2,375,000 | 98.7% | 0.6% |
| CMG MORTGAGE, INC. | $10,210,000 | $2,215,000 | -78.3% | 0.6% |
| FIRST HOME MORTGAGE CORPORATION | $700,000 | $2,205,000 | 215.0% | 0.6% |
| LOANDEPOT.COM, LLC | $2,580,000 | $2,135,000 | -17.2% | 0.6% |
| USAA Federal Savings Bank | $2,230,000 | $2,130,000 | -4.5% | 0.6% |
| PNC Bank | $4,710,000 | $2,010,000 | -57.3% | 0.5% |
| INTERCOASTAL MORTGAGE COMPANY | $5,040,000 | $1,930,000 | -61.7% | 0.5% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,190,000 | $1,870,000 | 57.1% | 0.5% |
| U.S. Bank | $125,000 | $1,800,000 | 1,340.0% | 0.5% |
| NEWREZ LLC | $350,000 | $1,760,000 | 402.9% | 0.5% |
| NEW DAY FINANCIAL, LLC | $1,745,000 | $1,735,000 | -0.6% | 0.4% |
| JPMorgan Chase Bank | $225,000 | $1,625,000 | 622.2% | 0.4% |
| Carrington Mortgage Services, LLC | $565,000 | $1,525,000 | 169.9% | 0.4% |
| United Community Bank | $510,000 | $1,520,000 | 198.0% | 0.4% |
| EQUITY RESOURCES, INC. | $1,095,000 | $1,455,000 | 32.9% | 0.4% |
| SUN WEST MORTGAGE COMPANY, INC. | $215,000 | $1,300,000 | 504.7% | 0.3% |
| Flagstar Bank, FSB | $960,000 | $1,245,000 | 29.7% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $590,000 | $1,235,000 | 109.3% | 0.3% |
| Bank of America | $845,000 | $1,215,000 | 43.8% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $825,000 | $1,195,000 | 44.8% | 0.3% |
| ZILLOW HOME LOANS, LLC | $890,000 | $1,180,000 | 32.6% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $1,940,000 | $1,150,000 | -40.7% | 0.3% |
| The Federal Savings Bank | $990,000 | $1,145,000 | 15.7% | 0.3% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $2,350,000 | $1,135,000 | -51.7% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,945,000 | $1,125,000 | -42.2% | 0.3% |
| Meridian Bank Corporation | $465,000 | $1,105,000 | 137.6% | 0.3% |
| Discover Bank | $890,000 | $1,035,000 | 16.3% | 0.3% |
| Presidential Bank, FSB | $1,010,000 | n/a | 0.3% | |
| LOANPAL, LLC | $520,000 | $995,000 | 91.3% | 0.3% |
| Towne Mortgage of the Carolinas, LLC | $1,075,000 | $985,000 | -8.4% | 0.3% |
| Bank of New Hampshire | $965,000 | n/a | 0.2% | |
| DELMAR FINANCIAL COMPANY | $945,000 | n/a | 0.2% | |
| First Heritage Mortgage, LLC | $1,475,000 | $910,000 | -38.3% | 0.2% |
| BAY EQUITY LLC | $875,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,775,000 | $855,000 | -51.8% | 0.2% |
| RF Renovo Management Company, LLC | $1,110,000 | $840,000 | -24.3% | 0.2% |
| Towne Bank | $805,000 | n/a | 0.2% | |
| United Bank | $805,000 | n/a | 0.2% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $285,000 | $780,000 | 173.7% | 0.2% |
| Citadel Servicing Corporation | $205,000 | $735,000 | 258.5% | 0.2% |
| SOUTHERN TRUST MORTGAGE, LLC | $345,000 | $735,000 | 113.0% | 0.2% |
| North State Bank | $730,000 | n/a | 0.2% | |
| SELF-HELP Credit Union | $225,000 | $725,000 | 222.2% | 0.2% |
| GUARANTEED RATE, INC. | $3,120,000 | $715,000 | -77.1% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $1,615,000 | $685,000 | -57.6% | 0.2% |
| First Savings Bank | $670,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $535,000 | $665,000 | 24.3% | 0.2% |
| LIMA ONE CAPITAL, LLC | $645,000 | n/a | 0.2% | |
| Service Federal Credit Union | $625,000 | n/a | 0.2% | |
| The Loan Store, Inc. | $215,000 | $620,000 | 188.4% | 0.2% |
| Fifth Third Bank | $55,000 | $600,000 | 990.9% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $365,000 | $590,000 | 61.6% | 0.2% |
| BETTER MORTGAGE CORPORATION | $970,000 | $580,000 | -40.2% | 0.2% |
| Pinnacle Bank | $115,000 | $570,000 | 395.7% | 0.1% |
| Providence Bank | $570,000 | n/a | 0.1% | |
| Armed Forces Bank | $285,000 | $545,000 | 91.2% | 0.1% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $545,000 | n/a | 0.1% | |
| Corporate Investors Mortgage Group, Inc. | $915,000 | $540,000 | -41.0% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $285,000 | $540,000 | 89.5% | 0.1% |
| LATINO COMMUNITY CREDIT UNION | $1,255,000 | $540,000 | -57.0% | 0.1% |
| T2 FINANCIAL LLC | $1,540,000 | $530,000 | -65.6% | 0.1% |
| ALLIANT CREDIT UNION | $105,000 | $515,000 | 390.5% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $265,000 | $505,000 | 90.6% | 0.1% |
| FIDELITY DIRECT MORTGAGE, LLC | $465,000 | n/a | 0.1% | |
| First Carolina Bank | $460,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $460,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $455,000 | n/a | 0.1% | |
| Morgan Stanley Private Bank | $335,000 | $445,000 | 32.8% | 0.1% |
| ACOPIA, LLC | $425,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $410,000 | n/a | 0.1% | |
| EMM LOANS LLC | $145,000 | $375,000 | 158.6% | 0.1% |
| Truliant Federal Credit Union | $1,255,000 | $365,000 | -70.9% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $410,000 | $360,000 | -12.2% | 0.1% |
| AmeriHome Mortgage Company, LLC | $355,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,685,000 | $355,000 | -78.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $255,000 | $350,000 | 37.3% | 0.1% |
| AgFirst Farm Credit Bank | $450,000 | $345,000 | -23.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $510,000 | $345,000 | -32.4% | 0.1% |
| Renasant Bank | $345,000 | n/a | 0.1% | |
| MILEND, INC. | $340,000 | n/a | 0.1% | |
| NATION ONE MORTGAGE CORPORATION | $335,000 | n/a | 0.1% | |
| STOCKTON MORTGAGE CORPORATION | $335,000 | n/a | 0.1% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $325,000 | $325,000 | 0.0% | 0.1% |
| CORNING | $310,000 | n/a | 0.1% | |
| The Central Trust Bank | $225,000 | $310,000 | 37.8% | 0.1% |
| Encompass Lending Group, LP | $305,000 | n/a | 0.1% | |
| First Horizon Bank | $1,595,000 | $300,000 | -81.2% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $295,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $295,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $295,000 | n/a | 0.1% | |
| PriorityOne Bank | $285,000 | n/a | 0.1% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $860,000 | $275,000 | -68.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $705,000 | $270,000 | -61.7% | 0.1% |
| Citizens Bank | $730,000 | $260,000 | -64.4% | 0.1% |
| EAGLE HOME MORTGAGE, LLC | $255,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $350,000 | $255,000 | -27.1% | 0.1% |
| RAPID MORTGAGE COMPANY | $255,000 | n/a | 0.1% | |
| Northwest Federal Credit Union | $55,000 | $240,000 | 336.4% | 0.1% |
| Equity Prime Mortgage LLC | $410,000 | $235,000 | -42.7% | 0.1% |
| Keystone Funding, Inc. | $845,000 | $235,000 | -72.2% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $185,000 | $225,000 | 21.6% | 0.1% |
| Ameris Bank | $225,000 | $225,000 | 0.0% | 0.1% |
| AMWEST FUNDING CORP. | $295,000 | $225,000 | -23.7% | 0.1% |
| First National Bank of America | $185,000 | $225,000 | 21.6% | 0.1% |
| FOUNDATION MORTGAGE CORPORATION | $225,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $135,000 | $215,000 | 59.3% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $215,000 | n/a | 0.1% | |
| First Federal Bank | $1,265,000 | $215,000 | -83.0% | 0.1% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $215,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $205,000 | n/a | 0.1% | |
| CityWorth Mortgage LLC | $195,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $490,000 | $195,000 | -60.2% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $185,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $185,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $175,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $565,000 | $170,000 | -69.9% | 0.0% |
| Figure Lending LLC | $110,000 | $160,000 | 45.5% | 0.0% |
| Plains Commerce Bank | $990,000 | $155,000 | -84.3% | 0.0% |
| TOWER | $155,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $140,000 | $150,000 | 7.1% | 0.0% |
| SIRVA MORTGAGE, INC. | $145,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $125,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $415,000 | $105,000 | -74.7% | 0.0% |
| Nations Lending Corporation | $105,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $165,000 | $105,000 | -36.4% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $1,005,000 | $75,000 | -92.5% | 0.0% |
| Baxter Credit Union | $255,000 | $65,000 | -74.5% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $65,000 | $65,000 | 0.0% | 0.0% |
| USAlliance Federal Credit Union | $65,000 | n/a | 0.0% | |
| Coastal Community Bank | $60,000 | n/a | 0.0% | |
| ALLEGACY FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Atlantic Union Bank | $55,000 | n/a | 0.0% | |
| PIEDMONT ADVANTAGE CREDIT UNION | $55,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Regions Bank | $45,000 | n/a | 0.0% | |
| LANGLEY | $65,000 | $35,000 | -46.2% | 0.0% |
Sanford's top lender by overall market share is DHI MORTGAGE COMPANY, LTD., with 14.0% market share. In second place, with 5.9%, is STATE EMPLOYEES', having originated $22,750,000 in loans. In third place, with 5.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $21,825,000 in loans. In fourth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $15,645,000 in loans. In fifth place, with 3.7%, is MOVEMENT MORTGAGE, LLC, having originated $14,365,000 in loans.
Sanford, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 982 | $293,690,000 | $299,073 |
| Refi | 177 | $40,255,000 | $227,429 |
| Cash Out Refi | 153 | $28,275,000 | $184,804 |
| Other | 130 | $12,160,000 | $93,538 |
| Home Improvement | 127 | $12,195,000 | $96,024 |
Sanford's most frequently cited loan purpose was Home Purchase, with 982 originations. The 2nd most popular reason was Refi, with 177 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 568 | $163,230,000 | $287,377 |
| 5-6% | 355 | $103,085,000 | $290,380 |
| 7-8% | 312 | $59,080,000 | $189,359 |
| Over 8% | 196 | $21,790,000 | $111,173 |
| 4-5% | 78 | $23,520,000 | $301,538 |
| 3-4% | 42 | $14,140,000 | $336,667 |
| <2.5% | 11 | $505,000 | $45,909 |
During 2024, Sanford's most frequently originated rate bucket was 6-7%, with 568 originations.
Loan Sizing (Sanford, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 833 | $241,795,000 | $290,270 |
| $100k-200k | 289 | $42,735,000 | $147,872 |
| $100,000 or less | 279 | $15,255,000 | $54,677 |
| $400k-600k | 149 | $69,885,000 | $469,027 |
| $600k-1000k | 17 | $11,745,000 | $690,882 |
| $Over $1MM | 2 | $5,160,000 | $2,580,000 |
Sanford's loan sizing saw the bucket of loans from $200k-400k with 833 originations, totaling $241,795,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 690 | $221,390,000 | $320,855 |
| 60-80% | 289 | $76,755,000 | $265,588 |
| Under 20% | 179 | $8,515,000 | $47,570 |
| 20-40% | 163 | $18,285,000 | $112,178 |
| 40-60% | 129 | $21,565,000 | $167,171 |
| Over 100% | 77 | $27,145,000 | $352,532 |
Sanford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 690 originations, totaling $221,390,000 in origination value.