Sanford Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Sanford averaged
6.84%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.92% and
one month ago for the week of 2023-02-16, the
average rate was 6.74%.
Sanford's average rate one year ago was 3.47%.
For refis of the same type during the week of 2023-03-23, the average rate
was 6.48%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
| Sanford 30 Year Fixed Rate | 2023-03-23 | 6.84% |
| Sanford 30 Year Fixed Rate Refi | 2023-03-23 | 6.48% |
| Sanford 15 Year Fixed Rate | 2023-03-23 | 6.23% |
| Sanford 15 Year Fixed Rate Refi | 2023-03-23 | 6.36% |
| Sanford 30 Year FHA | 2023-03-23 | 6.47% |
| Sanford 30 Year FHA Refi | 2023-03-23 | 6.3% |
| Sanford 30 Year USDA | 2023-03-23 | 6.34% |
| Sanford 30 Year USDA Refi | 2023-03-23 | 5.79% |
| Sanford 30 Year VA | 2023-03-23 | 6% |
| Sanford 30 Year VA Refi | 2023-03-23 | 5.62% |
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 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 127 lenders originated 1,743
loans during 2022. The total origination value was $415,695,000, with an average loan value of
$238,494.
Sanford's average closing costs are $4,912.
The top Sanford lender as defined by loan originations is STATE EMPLOYEES', with
116 loans originated. Their average total fees are
$4,068, which is $977
higher than the next largest lender,
Wells Fargo Bank.
The lowest fee Sanford lenders (with over 10 loans originated) are
Wells Fargo Bank ($3,091), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,917), STATE EMPLOYEES' ($4,068), MOVEMENT MORTGAGE, LLC ($4,109) and Truist ($4,128).
The lowest rate Sanford lenders (with over 10 loans originated) are
STATE EMPLOYEES' (3.83%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (4.05%), Truist (4.21%), Wells Fargo Bank (4.58%) and CMG MORTGAGE, INC. (4.69%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $45,015,000 | $45,250,000 | 0.5% | 10.9% |
| WALKER & DUNLOP, LLC | $26,055,000 | n/a | 6.3% | |
| First Bank | $11,945,000 | $20,975,000 | 75.6% | 5.0% |
| QUICKEN LOANS, LLC | $43,050,000 | $17,670,000 | -59.0% | 4.3% |
| CMG MORTGAGE, INC. | $24,025,000 | $16,720,000 | -30.4% | 4.0% |
| MOVEMENT MORTGAGE, LLC | $14,705,000 | $12,690,000 | -13.7% | 3.1% |
| Mortgage Research Center, LLC | $10,235,000 | $12,095,000 | 18.2% | 2.9% |
| Truist | $17,985,000 | $11,995,000 | -33.3% | 2.9% |
| Wells Fargo Bank | $12,880,000 | $10,750,000 | -16.5% | 2.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,035,000 | $9,180,000 | 1.6% | 2.2% |
| First National Bank of Pennsylvania | $9,685,000 | $8,760,000 | -9.6% | 2.1% |
| Bar Harbor Bank & Trust | $8,005,000 | n/a | 1.9% | |
| JET HOMELOANS, LLC | $1,055,000 | $6,925,000 | 556.4% | 1.7% |
| PNC Bank | $5,360,000 | $6,845,000 | 27.7% | 1.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,590,000 | $6,620,000 | 84.4% | 1.6% |
| Service Federal Credit Union | $6,505,000 | n/a | 1.6% | |
| First-Citizens Bank & Trust Company | $7,540,000 | $6,175,000 | -18.1% | 1.5% |
| GoPrime Mortgage, Inc. | $8,070,000 | $6,075,000 | -24.7% | 1.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,665,000 | $5,775,000 | 1.9% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $15,145,000 | $5,735,000 | -62.1% | 1.4% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $3,920,000 | $5,695,000 | 45.3% | 1.4% |
| CORNERSTONE HOME LENDING, INC. | $5,855,000 | $5,120,000 | -12.6% | 1.2% |
| COASTAL Federal Credit Union | $3,395,000 | $4,815,000 | 41.8% | 1.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,335,000 | $4,750,000 | -43.0% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $4,605,000 | $4,740,000 | 2.9% | 1.1% |
| LOANDEPOT.COM, LLC | $12,710,000 | $4,655,000 | -63.4% | 1.1% |
| Alcova Mortgage LLC | $13,080,000 | $4,625,000 | -64.6% | 1.1% |
| The Fidelity Bank | $2,805,000 | $3,970,000 | 41.5% | 1.0% |
| INTERCOASTAL MORTGAGE COMPANY | $3,615,000 | $3,730,000 | 3.2% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,850,000 | $3,695,000 | -36.8% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $7,525,000 | $3,275,000 | -56.5% | 0.8% |
| SOUTHERN TRUST MORTGAGE, LLC | $4,710,000 | $3,155,000 | -33.0% | 0.8% |
| USAA Federal Savings Bank | $5,060,000 | $3,090,000 | -38.9% | 0.7% |
| GUARANTEED RATE, INC. | $3,710,000 | $2,930,000 | -21.0% | 0.7% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $1,130,000 | $2,815,000 | 149.1% | 0.7% |
| Prosperity Home Mortgage, LLC | $3,415,000 | $2,750,000 | -19.5% | 0.7% |
| North State Bank | $1,220,000 | $2,675,000 | 119.3% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $3,330,000 | $2,505,000 | -24.8% | 0.6% |
| BETTER MORTGAGE CORPORATION | $2,550,000 | $2,345,000 | -8.0% | 0.6% |
| CALIBER HOME LOANS, INC. | $3,985,000 | $2,285,000 | -42.7% | 0.5% |
| JPMorgan Chase Bank | $2,350,000 | $2,155,000 | -8.3% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $690,000 | $2,130,000 | 208.7% | 0.5% |
| Arbor Realty Trust, Inc. | $2,055,000 | n/a | 0.5% | |
| Towne Mortgage of the Carolinas, LLC | $765,000 | $1,990,000 | 160.1% | 0.5% |
| Bank of America | $2,150,000 | $1,830,000 | -14.9% | 0.4% |
| T2 FINANCIAL LLC | $1,110,000 | $1,775,000 | 59.9% | 0.4% |
| NEWREZ LLC | $1,415,000 | $1,740,000 | 23.0% | 0.4% |
| American Security Mortgage Corp. | $4,415,000 | $1,700,000 | -61.5% | 0.4% |
| UNION HOME MORTGAGE CORP. | $4,880,000 | $1,645,000 | -66.3% | 0.4% |
| LATINO COMMUNITY CREDIT UNION | $1,235,000 | $1,630,000 | 32.0% | 0.4% |
| CERTAINTY HOME LOANS, LLC | $3,075,000 | $1,625,000 | -47.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $2,185,000 | $1,595,000 | -27.0% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $2,980,000 | $1,515,000 | -49.2% | 0.4% |
| NFM, INC. | $2,255,000 | $1,480,000 | -34.4% | 0.4% |
| ANGEL OAK HOME LOANS LLC | $235,000 | $1,445,000 | 514.9% | 0.3% |
| EQUITY RESOURCES, INC. | $2,415,000 | $1,445,000 | -40.2% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,010,000 | $1,380,000 | -65.6% | 0.3% |
| First Horizon Bank | $780,000 | $1,340,000 | 71.8% | 0.3% |
| ZILLOW HOME LOANS, LLC | $660,000 | $1,285,000 | 94.7% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $795,000 | $1,265,000 | 59.1% | 0.3% |
| The Federal Savings Bank | $3,330,000 | $1,205,000 | -63.8% | 0.3% |
| Wyndham Capital Mortgage, Inc. | $345,000 | $1,165,000 | 237.7% | 0.3% |
| CAPITAL CENTER, L.L.C. | $1,095,000 | $1,145,000 | 4.6% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $155,000 | $1,140,000 | 635.5% | 0.3% |
| NEW DAY FINANCIAL, LLC | $2,145,000 | $1,125,000 | -47.6% | 0.3% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,080,000 | n/a | 0.3% | |
| Blue Ridge Bank | $3,270,000 | $1,070,000 | -67.3% | 0.3% |
| United Community Bank | $1,010,000 | $1,065,000 | 5.4% | 0.3% |
| Carrington Mortgage Services, LLC | $1,280,000 | $960,000 | -25.0% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $935,000 | n/a | 0.2% | |
| HOMESPIRE MORTGAGE CORPORATION | $890,000 | $905,000 | 1.7% | 0.2% |
| First Heritage Mortgage, LLC | $1,180,000 | $805,000 | -31.8% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $745,000 | $790,000 | 6.0% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $175,000 | $785,000 | 348.6% | 0.2% |
| PLANET HOME LENDING, LLC | $145,000 | $785,000 | 441.4% | 0.2% |
| Ameris Bank | $1,045,000 | $780,000 | -25.4% | 0.2% |
| Bank of England | $900,000 | $780,000 | -13.3% | 0.2% |
| DAS Acquisition Company, LLC | $1,030,000 | $765,000 | -25.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $3,335,000 | $690,000 | -79.3% | 0.2% |
| PREMIA MORTGAGE, LLC | $690,000 | $690,000 | 0.0% | 0.2% |
| Benchmark Community Bank | $685,000 | n/a | 0.2% | |
| Northpointe Bank | $850,000 | $670,000 | -21.2% | 0.2% |
| Flagstar Bank, FSB | $1,310,000 | $655,000 | -50.0% | 0.2% |
| AmeriHome Mortgage Company, LLC | $355,000 | $645,000 | 81.7% | 0.2% |
| CLEARPATH LENDING | $1,365,000 | $645,000 | -52.7% | 0.2% |
| Encompass Lending Group, LP | $335,000 | $645,000 | 92.5% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $620,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $1,720,000 | $615,000 | -64.2% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,610,000 | $600,000 | -62.7% | 0.1% |
| Corporate Investors Mortgage Group, Inc. | $1,750,000 | $585,000 | -66.6% | 0.1% |
| HUNT MORTGAGE CORPORATION | $560,000 | $585,000 | 4.5% | 0.1% |
| U.S. Bank | $530,000 | $585,000 | 10.4% | 0.1% |
| RAPID MORTGAGE COMPANY | $105,000 | $570,000 | 442.9% | 0.1% |
| Nations Lending Corporation | $1,780,000 | $565,000 | -68.3% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,170,000 | $545,000 | -53.4% | 0.1% |
| Figure Lending LLC | $100,000 | $535,000 | 435.0% | 0.1% |
| Arvest Bank | $530,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $1,010,000 | $530,000 | -47.5% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $325,000 | $530,000 | 63.1% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $530,000 | n/a | 0.1% | |
| Armed Forces Bank | $510,000 | n/a | 0.1% | |
| The Central Trust Bank | $930,000 | $510,000 | -45.2% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $335,000 | $500,000 | 49.3% | 0.1% |
| Carter Bank & Trust | $475,000 | n/a | 0.1% | |
| M&T Bank | $350,000 | $470,000 | 34.3% | 0.1% |
| NBKC BANK | $470,000 | n/a | 0.1% | |
| First Carolina Bank | $460,000 | n/a | 0.1% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $155,000 | $445,000 | 187.1% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $270,000 | $425,000 | 57.4% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,710,000 | $420,000 | -75.4% | 0.1% |
| Regions Bank | $815,000 | $420,000 | -48.5% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,095,000 | $415,000 | -62.1% | 0.1% |
| DHI MORTGAGE COMPANY, LTD. | $415,000 | n/a | 0.1% | |
| Dollar Bank, Federal Savings Bank | $365,000 | $405,000 | 11.0% | 0.1% |
| AgFirst Farm Credit Bank | $1,750,000 | $395,000 | -77.4% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $125,000 | $395,000 | 216.0% | 0.1% |
| Magnolia Bank | $430,000 | $390,000 | -9.3% | 0.1% |
| SHARONVIEW FEDERAL CREDIT UNION | $85,000 | $390,000 | 358.8% | 0.1% |
| NexBank | $385,000 | n/a | 0.1% | |
| Truliant Federal Credit Union | $210,000 | $385,000 | 83.3% | 0.1% |
| Fifth Third Bank | $380,000 | n/a | 0.1% | |
| Plains Commerce Bank | $400,000 | $380,000 | -5.0% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $355,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $255,000 | $355,000 | 39.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $315,000 | $355,000 | 12.7% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $350,000 | n/a | 0.1% | |
| Mortgage Assurance Inc. | $345,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $4,535,000 | $330,000 | -92.7% | 0.1% |
| Colten Mortgage, LLC | $165,000 | $325,000 | 97.0% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $185,000 | $320,000 | 73.0% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $175,000 | $315,000 | 80.0% | 0.1% |
| LENDSURE MORTGAGE CORP. | $315,000 | n/a | 0.1% | |
| ACADEMY MORTGAGE CORPORATION | $1,655,000 | $310,000 | -81.3% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $115,000 | $310,000 | 169.6% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $375,000 | $305,000 | -18.7% | 0.1% |
| Sunflower Bank | $295,000 | n/a | 0.1% | |
| Deere Employees Credit Union | $125,000 | $290,000 | 132.0% | 0.1% |
| First Internet Bank of Indiana | $275,000 | n/a | 0.1% | |
| HAMILTON HOME LOANS, INC. | $165,000 | $275,000 | 66.7% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,135,000 | $275,000 | -75.8% | 0.1% |
| PHH Mortgage Corporation | $415,000 | $270,000 | -34.9% | 0.1% |
| MORTGAGE FINANCIAL GROUP, INC. | $265,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $265,000 | n/a | 0.1% | |
| PANORAMA MORTGAGE GROUP, LLC | $175,000 | $265,000 | 51.4% | 0.1% |
| Alpha Mortgage Corporation | $125,000 | $255,000 | 104.0% | 0.1% |
| Discover Bank | $325,000 | $255,000 | -21.5% | 0.1% |
| Shamrock Home Loans, Inc. | $570,000 | $255,000 | -55.3% | 0.1% |
| AMCAP MORTGAGE, LTD. | $115,000 | $245,000 | 113.0% | 0.1% |
| LIMA ONE CAPITAL, LLC | $245,000 | n/a | 0.1% | |
| MILEND, INC. | $470,000 | $245,000 | -47.9% | 0.1% |
| MORTGAGE EQUITY PARTNERS LLC | $245,000 | n/a | 0.1% | |
| SHELTER HOME MORTGAGE, LLC | $410,000 | $245,000 | -40.2% | 0.1% |
| Texana Bank | $355,000 | $245,000 | -31.0% | 0.1% |
| AMWEST FUNDING CORP. | $235,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $340,000 | $235,000 | -30.9% | 0.1% |
| Towne Bank | $2,225,000 | $235,000 | -89.4% | 0.1% |
| UNITED PREMIER FUNDING, LLC | $235,000 | n/a | 0.1% | |
| RF Renovo Management Company, LLC | $230,000 | n/a | 0.1% | |
| Southern Bank and Trust Company | $210,000 | $225,000 | 7.1% | 0.1% |
| Victorian Finance, LLC | $480,000 | $225,000 | -53.1% | 0.1% |
| CORNING | $175,000 | $215,000 | 22.9% | 0.1% |
| Gateway First Bank | $205,000 | $215,000 | 4.9% | 0.1% |
| HOMESTEAD FUNDING CORP. | $215,000 | n/a | 0.1% | |
| NTFN, INC. | $165,000 | $215,000 | 30.3% | 0.1% |
| SELF-HELP Credit Union | $205,000 | $215,000 | 4.9% | 0.1% |
| South State Bank | $215,000 | n/a | 0.1% | |
| Northwest Federal Credit Union | $350,000 | $210,000 | -40.0% | 0.1% |
| Ally Bank | $115,000 | $205,000 | 78.3% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $600,000 | $205,000 | -65.8% | 0.0% |
| Hometown Lenders, Inc. | $145,000 | $205,000 | 41.4% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $195,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage, LLC | $165,000 | $195,000 | 18.2% | 0.0% |
| Beeline Loans, Inc. | $195,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $195,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $155,000 | $195,000 | 25.8% | 0.0% |
| STEARNS LENDING, LLC | $195,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $195,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $780,000 | $195,000 | -75.0% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $2,635,000 | $190,000 | -92.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $185,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $185,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $890,000 | $185,000 | -79.2% | 0.0% |
| AMERICAN ADVISORS GROUP | $365,000 | $175,000 | -52.1% | 0.0% |
| 21ST MORTGAGE CORPORATION | $720,000 | $170,000 | -76.4% | 0.0% |
| Hometown Equity Mortgage, LLC | $165,000 | $170,000 | 3.0% | 0.0% |
| HomeTrust Bank | $165,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $165,000 | n/a | 0.0% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $285,000 | $165,000 | -42.1% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $265,000 | $165,000 | -37.7% | 0.0% |
| Charles Schwab Bank, SSB | $95,000 | $155,000 | 63.2% | 0.0% |
| NEXERA HOLDING LLC | $155,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $305,000 | $155,000 | -49.2% | 0.0% |
| Kwik Mortgage Corporation | $315,000 | $145,000 | -54.0% | 0.0% |
| RESIDENTIAL BANCORP. | $145,000 | n/a | 0.0% | |
| CAROLINAS TELCO FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $165,000 | $135,000 | -18.2% | 0.0% |
| RESOURCE FINANCIAL SERVICES, INC. | $165,000 | $125,000 | -24.2% | 0.0% |
| THRIVE MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $105,000 | n/a | 0.0% | |
| TD Bank | $135,000 | $100,000 | -25.9% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $125,000 | $95,000 | -24.0% | 0.0% |
| SPRING EQ, LLC | $70,000 | $95,000 | 35.7% | 0.0% |
| Baxter Credit Union | $320,000 | $85,000 | -73.4% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $65,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $35,000 | n/a | 0.0% | |
| RTP Federal Credit Union | $25,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $15,000 | n/a | 0.0% |
Sanford's top lender by overall market share is STATE EMPLOYEES', with 10.9% market share. In second place, with 6.3%, is WALKER & DUNLOP, LLC, having originated $26,055,000 in loans. In third place, with 5.0%, is First Bank, having originated $20,975,000 in loans. In fourth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $17,670,000 in loans. In fifth place, with 4.0%, is CMG MORTGAGE, INC., having originated $16,720,000 in loans.
Sanford Housing Market Trends (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 | $213,400 (12.1%) | $228,991 (4.4%) | 0.00 | 213 |
| 2018-02-01 | $209,850 (7.4%) | $226,446 (0.3%) | 0.00 | 199 |
| 2018-03-01 | $214,900 (7.6%) | $233,114 (0.9%) | 0.00 | 196 |
| 2018-04-01 | $215,333 (2.6%) | $233,720 (2.1%) | 0.00 | 188 |
| 2018-05-01 | $219,900 (4.2%) | $235,190 (-2.0%) | 0.00 | 173 |
| 2018-06-01 | $217,950 (3.8%) | $235,967 (-0.4%) | 0.00 | 165 |
| 2018-07-01 | $222,200 (5.9%) | $238,164 (-1.1%) | 0.00 | 177 |
| 2018-08-01 | $227,425 (13.7%) | $242,177 (9.1%) | 0.00 | 170 |
| 2018-09-01 | $225,000 (12.6%) | $230,156 (6.4%) | 0.00 | 172 |
| 2018-10-01 | $225,000 (13.9%) | $235,115 (10.2%) | 0.00 | 181 |
| 2018-11-01 | $226,225 (12.1%) | $236,894 (8.4%) | 0.00 | 181 |
| 2018-12-01 | $225,000 (9.0%) | $232,955 (6.0%) | 0.00 | 188 |
| 2019-01-01 | $225,000 (5.4%) | $238,422 (4.1%) | 0.00 | 181 |
| 2019-02-01 | $225,375 (7.4%) | $247,744 (9.4%) | 0.00 | 177 |
| 2019-03-01 | $226,071 (5.2%) | $256,526 (10.0%) | 0.00 | 178 |
| 2019-04-01 | $227,321 (5.6%) | $265,279 (13.5%) | 0.00 | 184 |
| 2019-05-01 | $226,250 (2.9%) | $268,730 (14.3%) | 0.00 | 189 |
| 2019-06-01 | $234,900 (7.8%) | $277,664 (17.7%) | 0.00 | 178 |
| 2019-07-01 | $237,063 (6.7%) | $277,701 (16.6%) | 0.00 | 181 |
| 2019-08-01 | $239,900 (5.5%) | $280,297 (15.7%) | 0.00 | 179 |
| 2019-09-01 | $239,900 (6.6%) | $280,115 (21.7%) | 0.00 | 186 |
| 2019-10-01 | $239,450 (6.4%) | $278,603 (18.5%) | 0.00 | 188 |
| 2019-11-01 | $235,000 (3.9%) | $281,262 (18.7%) | 0.00 | 178 |
| 2019-12-01 | $228,850 (1.7%) | $277,683 (19.2%) | 0.00 | 166 |
| 2020-01-01 | $224,250 (-0.3%) | $267,883 (12.4%) | 0.00 | 165 |
| 2020-02-01 | $229,200 (1.7%) | $280,719 (13.3%) | 0.00 | 138 |
| 2020-03-01 | $244,900 (8.3%) | $287,652 (12.1%) | 0.00 | 134 |
| 2020-04-01 | $245,975 (8.2%) | $292,274 (10.2%) | 0.00 | 134 |
| 2020-05-01 | $236,000 (4.3%) | $285,270 (6.2%) | 0.00 | 124 |
| 2020-06-01 | $266,550 (13.5%) | $307,582 (10.8%) | 0.00 | 91 |
| 2020-07-01 | $257,900 (8.8%) | $299,324 (7.8%) | 0.00 | 74 |
| 2020-08-01 | $249,450 (4.0%) | $299,778 (7.0%) | 0.00 | 76 |
| 2020-09-01 | $270,637 (12.8%) | $312,178 (11.5%) | 0.00 | 81 |
| 2020-10-01 | $259,000 (8.2%) | $316,642 (13.7%) | 0.00 | 67 |
| 2020-11-01 | $251,300 (6.9%) | $316,725 (12.6%) | 0.00 | 68 |
| 2020-12-01 | $260,000 (13.6%) | $328,274 (18.2%) | 0.00 | 61 |
| 2021-01-01 | $259,000 (15.5%) | $322,398 (20.4%) | 0.00 | 59 |
| 2021-02-01 | $277,450 (21.1%) | $319,796 (13.9%) | 0.00 | 63 |
| 2021-03-01 | $271,175 (10.7%) | $283,329 (-1.5%) | 0.00 | 55 |
| 2021-04-01 | $291,946 (18.7%) | $307,140 (5.1%) | 0.00 | 52 |
| 2021-05-01 | $282,580 (19.7%) | $350,113 (22.7%) | 0.00 | 49 |
| 2021-06-01 | $315,845 (18.5%) | $392,764 (27.7%) | 0.00 | 47 |
| 2021-07-01 | $331,140 (28.4%) | $388,382 (29.8%) | 0.00 | 59 |
| 2021-08-01 | $328,640 (31.8%) | $377,005 (25.8%) | 0.00 | 83 |
| 2021-09-01 | $319,400 (18.0%) | $363,949 (16.6%) | 0.00 | 86 |
| 2021-10-01 | $299,500 (15.6%) | $380,124 (20.1%) | 0.00 | 77 |
| 2021-11-01 | $336,975 (34.1%) | $383,948 (21.2%) | 0.00 | 66 |
| 2021-12-01 | $347,996 (33.8%) | $418,728 (27.6%) | 0.00 | 52 |
| 2022-01-01 | $339,900 (31.2%) | $412,850 (28.1%) | 0.00 | 38 |
| 2022-02-01 | $319,475 (15.2%) | $380,872 (19.1%) | 0.00 | 37 |
| 2022-03-01 | $328,675 (21.2%) | $411,091 (45.1%) | 0.00 | 31 |
| 2022-04-01 | $354,950 (21.6%) | $463,986 (51.1%) | 0.00 | 36 |
| 2022-05-01 | $355,925 (26.0%) | $454,905 (29.9%) | 0.00 | 39 |
| 2022-06-01 | $368,750 (16.8%) | $418,425 (6.5%) | 0.00 | 64 |
| 2022-07-01 | $355,000 (7.2%) | $388,671 (0.1%) | 0.00 | 79 |
| 2022-08-01 | $356,950 (8.6%) | $388,969 (3.2%) | 0.00 | 71 |
| 2022-09-01 | $366,225 (14.7%) | $407,263 (11.9%) | 0.00 | 67 |
| 2022-10-01 | $368,000 (22.9%) | $415,124 (9.2%) | 0.00 | 87 |
| 2022-11-01 | $371,498 (10.2%) | $419,513 (9.3%) | 0.00 | 87 |
| 2022-12-01 | $379,950 (9.2%) | $433,724 (3.6%) | 0.00 | 84 |
| 2023-01-01 | $374,750 (10.3%) | $407,814 (-1.2%) | 0.00 | 85 |
| 2023-02-01 | $373,650 (17.0%) | $412,988 (8.4%) | 0.00 | 89 |
Sanford's median listing price for 2023-02-01 was $373,650, a difference of
$54,175
(17.0%) versus the prior year and
$-1,100 versus the prior month.
Sanford's median listing price comes in at 0% of the national average.
Sanford's average listing price for 2023-02-01 was $412,988, a difference of $32,116 (8.4%) versus the prior year and $5,174 versus the prior month.
For the 2023-02-01 period, Sanford had 89 MLS listings, a difference of 4 listings (5%) versus the prior month and 52 listings (141%) versus the prior year.
Sanford's median listing price comes in at 0% of the national average.
Sanford's average listing price for 2023-02-01 was $412,988, a difference of $32,116 (8.4%) versus the prior year and $5,174 versus the prior month.
For the 2023-02-01 period, Sanford had 89 MLS listings, a difference of 4 listings (5%) versus the prior month and 52 listings (141%) 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 | 2,289 sqft |
| 2018-02-01 | 0 days | 2,174 sqft |
| 2018-03-01 | 0 days | 2,100 sqft |
| 2018-04-01 | 0 days | 2,100 sqft |
| 2018-05-01 | 0 days | 2,191 sqft |
| 2018-06-01 | 0 days | 2,150 sqft |
| 2018-07-01 | 0 days | 2,296 sqft |
| 2018-08-01 | 0 days | 2,300 sqft |
| 2018-09-01 | 0 days | 2,100 sqft |
| 2018-10-01 | 0 days | 2,100 sqft |
| 2018-11-01 | 0 days | 2,100 sqft |
| 2018-12-01 | 0 days | 2,100 sqft |
| 2019-01-01 | 0 days | 2,112 sqft |
| 2019-02-01 | 0 days | 2,146 sqft |
| 2019-03-01 | 0 days | 2,140 sqft |
| 2019-04-01 | 0 days | 2,147 sqft |
| 2019-05-01 | 0 days | 2,176 sqft |
| 2019-06-01 | 0 days | 2,256 sqft |
| 2019-07-01 | 0 days | 2,179 sqft |
| 2019-08-01 | 0 days | 2,158 sqft |
| 2019-09-01 | 0 days | 2,126 sqft |
| 2019-10-01 | 0 days | 2,100 sqft |
| 2019-11-01 | 0 days | 2,100 sqft |
| 2019-12-01 | 0 days | 2,100 sqft |
| 2020-01-01 | 0 days | 2,093 sqft |
| 2020-02-01 | 0 days | 2,100 sqft |
| 2020-03-01 | 0 days | 2,143 sqft |
| 2020-04-01 | 0 days | 2,201 sqft |
| 2020-05-01 | 0 days | 2,144 sqft |
| 2020-06-01 | 0 days | 2,304 sqft |
| 2020-07-01 | 0 days | 2,328 sqft |
| 2020-08-01 | 0 days | 2,336 sqft |
| 2020-09-01 | 0 days | 2,329 sqft |
| 2020-10-01 | 0 days | 2,300 sqft |
| 2020-11-01 | 0 days | 2,298 sqft |
| 2020-12-01 | 0 days | 2,336 sqft |
| 2021-01-01 | 0 days | 2,300 sqft |
| 2021-02-01 | 0 days | 2,300 sqft |
| 2021-03-01 | 0 days | 2,100 sqft |
| 2021-04-01 | 0 days | 2,227 sqft |
| 2021-05-01 | 0 days | 2,016 sqft |
| 2021-06-01 | 0 days | 2,171 sqft |
| 2021-07-01 | 0 days | 2,300 sqft |
| 2021-08-01 | 0 days | 2,259 sqft |
| 2021-09-01 | 0 days | 2,172 sqft |
| 2021-10-01 | 0 days | 2,120 sqft |
| 2021-11-01 | 0 days | 2,301 sqft |
| 2021-12-01 | 0 days | 2,298 sqft |
| 2022-01-01 | 0 days | 2,301 sqft |
| 2022-02-01 | 0 days | 1,925 sqft |
| 2022-03-01 | 0 days | 2,061 sqft |
| 2022-04-01 | 0 days | 2,300 sqft |
| 2022-05-01 | 0 days | 2,131 sqft |
| 2022-06-01 | 0 days | 2,345 sqft |
| 2022-07-01 | 0 days | 2,259 sqft |
| 2022-08-01 | 0 days | 2,189 sqft |
| 2022-09-01 | 0 days | 2,206 sqft |
| 2022-10-01 | 0 days | 2,100 sqft |
| 2022-11-01 | 0 days | 2,100 sqft |
| 2022-12-01 | 0 days | 2,134 sqft |
| 2023-01-01 | 0 days | 2,087 sqft |
| 2023-02-01 | 0 days | 2,072 sqft |
Sanford's median listing age (time on market) for 2023-02-01 was 0 days.
Sanford's median square footage for active listings during the 2023-02-01 period was 2,072 sqft. One year prior, the average listing was 1,925 sqft.
Sanford's median square footage for active listings during the 2023-02-01 period was 2,072 sqft. One year prior, the average listing was 1,925 sqft.
Sanford, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 909 | $238,395,000 | $262,261 |
| Refi | 280 | $93,450,000 | $333,750 |
| Cash Out Refi | 249 | $58,535,000 | $235,080 |
| Other | 178 | $16,090,000 | $90,393 |
| Home Improvement | 127 | $9,225,000 | $72,638 |
Sanford's most frequently cited loan purpose was Home Purchase, with 909 originations. The 2nd most popular reason was Refi, with 280 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 537 | $121,525,000 | $226,304 |
| 5-6% | 385 | $122,485,000 | $318,143 |
| 4-5% | 362 | $90,390,000 | $249,696 |
| 2.5-3% | 177 | $24,775,000 | $139,972 |
| 6-7% | 168 | $37,530,000 | $223,393 |
| Over 8% | 38 | $6,290,000 | $165,526 |
| 7-8% | 38 | $6,810,000 | $179,211 |
| <2.5% | 31 | $5,405,000 | $174,355 |
During 2022, Sanford's most frequently originated rate bucket was 3-4%, with 537 originations.
Loan Sizing (Sanford, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 730 | $201,620,000 | $276,192 |
| $100k-200k | 549 | $82,265,000 | $149,845 |
| $100,000 or less | 343 | $19,475,000 | $56,778 |
| $400k-600k | 104 | $48,360,000 | $465,000 |
| $600k-1000k | 11 | $7,775,000 | $706,818 |
| $Over $1MM | 6 | $56,200,000 | $9,366,667 |
Sanford's loan sizing saw the bucket of loans from $200k-400k with 730 originations, totaling $201,620,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 711 | $194,795,000 | $273,973 |
| 60-80% | 387 | $112,565,000 | $290,866 |
| 40-60% | 195 | $57,625,000 | $295,513 |
| 20-40% | 189 | $18,335,000 | $97,011 |
| Under 20% | 185 | $10,725,000 | $57,973 |
| Over 100% | 63 | $19,145,000 | $303,889 |
Sanford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 711 originations, totaling $194,795,000 in origination value.