Seneca Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Seneca averaged 6.76% 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 7.19% and one month ago for the week of 2025-05-15, the average rate was 6.86%.

Seneca's average rate one year ago was 7.2%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.41%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Seneca 30 Year Fixed Rate 2025-06-18 6.76%
Seneca 30 Year Fixed Rate Refi 2025-06-18 7.41%
Seneca 15 Year Fixed Rate 2025-06-18 5.76%
Seneca 15 Year Fixed Rate Refi 2025-06-18 6.56%
Seneca 30 Year FHA 2025-06-18 -0.09%
Seneca 30 Year FHA Refi 2025-06-18 -0.1%
Seneca 30 Year USDA 2025-06-18 0.1%
Seneca 30 Year USDA Refi 2025-06-18 0.2%
Seneca 30 Year VA 2025-06-18 0.01%
Seneca 30 Year VA Refi 2025-06-18 0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Seneca, SC.

Seneca 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 Seneca, SC 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 67 6.76% $6,670
South State Bank 62 7.43% $7,978
UNITED WHOLESALE MORTGAGE, LLC 21 7.06% $7,875
NVR Mortgage Finance, Inc. 17 6.28% $3,170
UNION HOME MORTGAGE CORP. 15 7.31% $5,313
BANKSOUTH MORTGAGE COMPANY, LLC 15 6.81% $7,593
First-Citizens Bank & Trust Company 14 5.95% $5,064
JPMorgan Chase Bank 13 6.61% $4,434
PRIMELENDING, A PLAINSCAPITAL COMPANY 12 6.87% $7,697
Truist 11 6.49% $5,978
Ameris Bank 11 6.64% $6,258
HOWARD HANNA FINANCIAL SERVICES, INC. 11 7.06% $4,342
Bank of America 10 6.44% $5,080
MOVEMENT MORTGAGE, LLC 10 6.71% $6,265
CROSSCOUNTRY MORTGAGE, LLC 9 7.27% $6,184
FOUNDERS FEDERAL CREDIT UNION 9 6.40% $3,092
Flagstar Bank, FSB 8 6.76% $4,470
Morgan Stanley Private Bank 7 6.24% $4,220
Wells Fargo Bank 7 6.63% $4,226
Regions Bank 7 6.34% $5,037
GUILD MORTGAGE COMPANY 7 6.84% $6,038
STATE EMPLOYEES' 7 6.41% $4,756
Countybank 7 6.96% $6,055
Fifth Third Bank 7 6.10% $5,311
NAVY FEDERAL CREDIT UNION 6 6.63% $5,001
Charles Schwab Bank, SSB 6 5.92% $3,707
FIRST COMMUNITY MORTGAGE, INC. 6 7.06% $7,117
GUARANTEED RATE, INC. 5 6.65% $4,577
FBC MORTGAGE, LLC 4 5.56% $3,538
USAA Federal Savings Bank 4 6.88% $4,439
INSPIRE HOME LOANS INC. 4 6.47% $5,464
Synovus Bank 4 5.84% $5,385
ACOPIA, LLC 4 7.22% $8,877
Truliant Federal Credit Union 4 7.31% $3,112
First National Bank of Pennsylvania 3 6.67% $5,701
U.S. Bank 3 6.79% $8,771
ZILLOW HOME LOANS, LLC 3 7.25% $8,014
First Palmetto Bank 3 6.79% $3,293
PENNYMAC LOAN SERVICES, LLC 3 6.66% $3,501
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 7.08% $7,128
PLAZA HOME MORTGAGE, INC. 3 6.75% $5,796
FREEDOM MORTGAGE CORPORATION 3 7.29% $6,438
Gateway First Bank 3 6.58% $3,189
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.75% $5,610
HOMESIDE FINANCIAL, LLC 3 7.62% $8,417
NEWREZ LLC 3 6.37% $7,381
UNITED 2 7.06% $3,986
21ST MORTGAGE CORPORATION 2 8.57% $6,730
BROKER SOLUTIONS, INC. 2 7.31% $4,723
LOANDEPOT.COM, LLC 2 6.88% $5,544
Mortgage Assurance Inc. 2 7.00% $7,687
First Community Bank 2 7.00% $13,277
First Horizon Bank 2 6.56% $5,873
Paramount Residential Mortgage Group, Inc. 2 7.00% $10,192
PHH Mortgage Corporation 2 6.24% $6,846
PNC Bank 2 6.13% $5,244
RELIANCE FIRST CAPITAL, LLC 2 7.13% $9,101
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.63% $4,965
The Federal Savings Bank 2 6.69% $11,032
The Park National Bank 2 6.81% $4,975
CPM Federal Credit Union 2 6.35% $7,297
UBS Bank USA 2 6.56% $3,750
DELMAR FINANCIAL COMPANY 2 7.12% $6,190
United Community Bank 2 6.69% $7,481
United Bank 1 6.63% $4,231
Valley National Bank 1 6.25% $6,610
Network Funding, L.P. 1 6.63% $7,854
AgFirst Farm Credit Bank 1 6.63% $5,792
ALLIANT CREDIT UNION 1 6.50% $3,901
Ally Bank 1 7.00% $2,770
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.88% $9,917
American Security Mortgage Corp. 1 7.00% $5,614
ARC HOME LLC 1 7.63% $6,374
Arvest Bank 1 6.63% $8,297
Associated Credit Union 1 5.88% $4,474
Atlantic Coast Mortgage, LLC 1 6.99% $7,441
BancorpSouth 1 6.75% $19,617
Barley Mortgage, LLC 1 6.13% $6,021
BAY CAPITAL MORTGAGE CORPORATION 1 8.50% $9,035
Blue Ridge Bank 1 6.88% $4,256
CAPITAL CENTER, L.L.C. 1 6.88% $228
Capital City Home Loans, LLC 1 8.13% $6,409
CHURCHILL MORTGAGE CORPORATION 1 7.13% $4,081
CIBM Bank 1 6.88% $8,382
Citibank 1 6.50% $6,060
COASTAL Federal Credit Union 1 7.50% $4,581
COMPASS MORTGAGE, INC. 1 6.63% $12,774
DIRECT MORTGAGE LOANS, LLC 1 6.75% $6,163
EMM LOANS LLC 1 7.38% $5,704
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $4,433
FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 7.13% $4,421
First Piedmont Federal Savings and Loan Association of Gaffney 1 6.50% $8,568
Florida Capital Bank 1 6.25% $3,950
General Mortgage Capital Corporation 1 6.25% $14,238
GEORGIA'S OWN 1 5.63% $6,010
GoPrime Mortgage, Inc. 1 6.88% $9,541
Greenville Heritage Federal Credit Union 1 6.22% $2,932
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.63% $4,209
JMAC LENDING, INC. 1 7.38% $17,876
KeyBank 1 6.38% $3,883
Kwik Mortgage Corporation 1 6.88% $3,604
Leader Bank 1 5.88% $4,552
LENDSURE MORTGAGE CORP. 1 8.00% $10,453
LENOX FINANCIAL MORTGAGE CORPORATION 1 6.50% $5,090
Magnolia Bank 1 7.13% $4,377
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.62% $4,978
MORTGAGE INVESTORS GROUP, INC. 1 6.75% $4,530
Mortgage Research Center, LLC 1 7.13% $6,866
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $7,796
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $5,106
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 1 6.62% $8,385
NEXERA HOLDING LLC 1 7.88% $15,211
Northpointe Bank 1 6.88% $4,499
Old National Bank 1 5.25% $14,214
ON Q FINANCIAL, INC. 1 6.63% $4,152
PREMIER LENDING, INC. 1 6.63% $6,999
Presidential Bank, FSB 1 6.63% $7,960
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.63% $10,121
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $2,824
RAPID MORTGAGE COMPANY 1 7.25% $6,265
Raymond James Bank 1 5.00% $5,774
RESIDENTIAL BANCORP 1 5.88% $6,677
SOUTH CAROLINA FEDERAL CREDIT UNION 1 7.13% $3,429
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.63% $9,165
SOUTHWEST FUNDING, LP 1 6.50% $8,956
Stifel Bank and Trust 1 6.38% $3,529
SUCCESS MORTGAGE PARTNERS, INC. 1 6.88% $7,535
Summit Mortgage Corporation 1 7.38% $4,845
The Loan Store, Inc. 1 7.38% $7,732
TIDEWATER MORTGAGE SERVICES, INC. 1 6.88% $6,411

Seneca Average Closing Costs & Other Stats

Seneca, SC's 130 lenders originated 1,581 loans during 2024. The total origination value was $499,835,000, with an average loan value of $316,151.

Seneca's average closing costs are $5,473.

The top Seneca lender as defined by loan originations is QUICKEN LOANS, LLC, with 67 loans originated. Their average total fees are $6,670, which is $1,309 lower than the next largest lender, South State Bank.

The lowest fee Seneca lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. ($3,170), HOWARD HANNA FINANCIAL SERVICES, INC. ($4,342), JPMorgan Chase Bank ($4,434), First-Citizens Bank & Trust Company ($5,064) and Bank of America ($5,080).

The lowest rate Seneca lenders (with over 10 loans originated) are First-Citizens Bank & Trust Company (5.95%), NVR Mortgage Finance, Inc. (6.28%), Bank of America (6.44%), Truist (6.49%) and JPMorgan Chase Bank (6.61%).

Seneca, SC 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
South State Bank $38,830,000 $47,720,000 22.9% 9.5%
QUICKEN LOANS, LLC $19,785,000 $27,795,000 40.5% 5.6%
First-Citizens Bank & Trust Company $18,455,000 $21,975,000 19.1% 4.4%
UNITED WHOLESALE MORTGAGE, LLC $11,125,000 $20,140,000 81.0% 4.0%
UNION HOME MORTGAGE CORP. $6,325,000 $12,560,000 98.6% 2.5%
BANKSOUTH MORTGAGE COMPANY, LLC $7,600,000 $11,515,000 51.5% 2.3%
NVR Mortgage Finance, Inc. $7,225,000 $11,170,000 54.6% 2.2%
Ameris Bank $5,480,000 $10,325,000 88.4% 2.1%
Charles Schwab Bank, SSB $3,705,000 $9,930,000 168.0% 2.0%
JPMorgan Chase Bank $8,520,000 $9,395,000 10.3% 1.9%
Truist $6,260,000 $9,130,000 45.8% 1.8%
S. C. STATE FEDERAL CREDIT UNION $8,345,000 $9,115,000 9.2% 1.8%
FBC MORTGAGE, LLC $6,665,000 $8,905,000 33.6% 1.8%
Bank of America $14,710,000 $8,460,000 -42.5% 1.7%
LENDINGONE, LLC $8,455,000 n/a 1.7%
Mortgage Research Center, LLC $6,480,000 $7,210,000 11.3% 1.4%
MOVEMENT MORTGAGE, LLC $4,885,000 $6,715,000 37.5% 1.3%
NAVY FEDERAL CREDIT UNION $3,575,000 $6,040,000 69.0% 1.2%
Fifth Third Bank $560,000 $5,810,000 937.5% 1.2%
AgFirst Farm Credit Bank $3,865,000 $5,325,000 37.8% 1.1%
First National Bank of Pennsylvania $1,560,000 $5,260,000 237.2% 1.1%
FREEDOM MORTGAGE CORPORATION $2,075,000 $4,930,000 137.6% 1.0%
HOWARD HANNA FINANCIAL SERVICES, INC. $1,810,000 $4,735,000 161.6% 0.9%
Regions Bank $1,670,000 $4,690,000 180.8% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $3,660,000 $4,650,000 27.0% 0.9%
First Horizon Bank $905,000 $4,635,000 412.2% 0.9%
PRIMELENDING, A PLAINSCAPITAL COMPANY $7,040,000 $4,515,000 -35.9% 0.9%
Morgan Stanley Private Bank $3,295,000 $4,365,000 32.5% 0.9%
Southern First Bank $4,195,000 $4,110,000 -2.0% 0.8%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $225,000 $3,805,000 1,591.1% 0.8%
Wells Fargo Bank $3,955,000 $3,645,000 -7.8% 0.7%
USAA Federal Savings Bank $2,200,000 $3,625,000 64.8% 0.7%
FOUNDERS FEDERAL CREDIT UNION $1,215,000 $3,525,000 190.1% 0.7%
Synovus Bank $8,255,000 $3,495,000 -57.7% 0.7%
GUARANTEED RATE, INC. $1,690,000 $3,470,000 105.3% 0.7%
NEWREZ LLC $1,675,000 $3,370,000 101.2% 0.7%
Southern Bank $3,305,000 n/a 0.7%
FIRST COMMUNITY MORTGAGE, INC. $1,160,000 $3,250,000 180.2% 0.7%
GUILD MORTGAGE COMPANY $530,000 $3,175,000 499.1% 0.6%
United Community Bank $4,740,000 $3,090,000 -34.8% 0.6%
BancorpSouth $255,000 $2,995,000 1,074.5% 0.6%
Truliant Federal Credit Union $6,220,000 $2,980,000 -52.1% 0.6%
Countybank $745,000 $2,930,000 293.3% 0.6%
U.S. Bank $3,225,000 $2,745,000 -14.9% 0.5%
T2 FINANCIAL LLC $2,735,000 n/a 0.5%
ACOPIA, LLC $2,570,000 $2,600,000 1.2% 0.5%
STATE EMPLOYEES' $1,280,000 $2,600,000 103.1% 0.5%
GREENVILLE FEDERAL CREDIT UNION $655,000 $2,560,000 290.8% 0.5%
PENNYMAC LOAN SERVICES, LLC $3,060,000 $2,555,000 -16.5% 0.5%
First Community Bank $2,755,000 $2,535,000 -8.0% 0.5%
INSPIRE HOME LOANS INC. $1,215,000 $2,520,000 107.4% 0.5%
21ST MORTGAGE CORPORATION $3,095,000 $2,505,000 -19.1% 0.5%
The Park National Bank $2,025,000 $2,170,000 7.2% 0.4%
Alcova Mortgage LLC $345,000 $2,150,000 523.2% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,600,000 $2,070,000 -72.8% 0.4%
TD Bank $8,560,000 $2,035,000 -76.2% 0.4%
BROKER SOLUTIONS, INC. $1,905,000 $1,820,000 -4.5% 0.4%
PNC Bank $2,025,000 $1,820,000 -10.1% 0.4%
HOMESIDE FINANCIAL, LLC $165,000 $1,815,000 1,000.0% 0.4%
First Palmetto Bank $3,225,000 $1,775,000 -45.0% 0.4%
Flagstar Bank, FSB $560,000 $1,625,000 190.2% 0.3%
PLANET HOME LENDING, LLC $580,000 $1,620,000 179.3% 0.3%
The Peoples Bank $305,000 $1,565,000 413.1% 0.3%
RAPID MORTGAGE COMPANY $435,000 $1,510,000 247.1% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,490,000 $1,460,000 -2.0% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $535,000 $1,430,000 167.3% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,465,000 $1,405,000 -4.1% 0.3%
BankSouth $4,230,000 $1,380,000 -67.4% 0.3%
LENDINGHOME FUNDING CORPORATION $1,310,000 $1,365,000 4.2% 0.3%
LOANDEPOT.COM, LLC $1,365,000 $1,270,000 -7.0% 0.3%
Presidential Bank, FSB $1,265,000 n/a 0.3%
Coastal Carolina National Bank $295,000 $1,225,000 315.3% 0.2%
JMAC LENDING, INC. $1,195,000 n/a 0.2%
CARDINAL FINANCIAL $3,295,000 $1,180,000 -64.2% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $1,440,000 $1,145,000 -20.5% 0.2%
CMG MORTGAGE, INC. $1,680,000 $1,075,000 -36.0% 0.2%
PLAZA HOME MORTGAGE, INC. $720,000 $1,045,000 45.1% 0.2%
The Federal Savings Bank $1,320,000 $1,035,000 -21.6% 0.2%
UBS Bank USA $2,995,000 $1,030,000 -65.6% 0.2%
Paramount Residential Mortgage Group, Inc. $1,015,000 n/a 0.2%
Florida Capital Bank $1,005,000 n/a 0.2%
Magnolia Bank $1,005,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $225,000 $970,000 331.1% 0.2%
Citibank $955,000 n/a 0.2%
TOWNE MORTGAGE COMPANY $1,275,000 $945,000 -25.9% 0.2%
Discover Bank $480,000 $940,000 95.8% 0.2%
NEXERA HOLDING LLC $195,000 $925,000 374.4% 0.2%
Raymond James Bank $445,000 $915,000 105.6% 0.2%
LENOX FINANCIAL MORTGAGE CORPORATION $900,000 n/a 0.2%
The Loan Store, Inc. $890,000 n/a 0.2%
Stifel Bank and Trust $505,000 $860,000 70.3% 0.2%
Citizens Bank $1,035,000 $835,000 -19.3% 0.2%
ARC HOME LLC $830,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $670,000 $815,000 21.6% 0.2%
1ST SIGNATURE LENDING, LLC $655,000 $805,000 22.9% 0.2%
NFM, INC. $710,000 $805,000 13.4% 0.2%
First Piedmont Federal Savings and Loan Association of Gaffney $2,335,000 $790,000 -66.2% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $785,000 n/a 0.2%
UNITED $200,000 $780,000 290.0% 0.2%
LIMA ONE CAPITAL, LLC $11,275,000 $770,000 -93.2% 0.2%
CPM Federal Credit Union $895,000 $765,000 -14.5% 0.2%
Valley National Bank $765,000 n/a 0.2%
COMPASS MORTGAGE, INC. $155,000 $755,000 387.1% 0.2%
LADERA LENDING, INC. $755,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $715,000 $755,000 5.6% 0.2%
AMERISAVE MORTGAGE CORPORATION $290,000 $750,000 158.6% 0.2%
Northpointe Bank $860,000 $740,000 -14.0% 0.1%
Arvest Bank $595,000 $735,000 23.5% 0.1%
SOUTHWEST FUNDING, LP $725,000 n/a 0.1%
Stock Yards Bank & Trust Company $725,000 n/a 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $715,000 n/a 0.1%
COASTAL Federal Credit Union $695,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $930,000 $695,000 -25.3% 0.1%
Figure Lending LLC $90,000 $680,000 655.6% 0.1%
Gateway First Bank $675,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $1,275,000 $675,000 -47.1% 0.1%
SOUTHWEST STAGE FUNDING, LLC $445,000 $675,000 51.7% 0.1%
EMM LOANS LLC $665,000 n/a 0.1%
Bank of Travelers Rest $1,560,000 $660,000 -57.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $565,000 $655,000 15.9% 0.1%
GSF Mortgage Corporation $1,125,000 $630,000 -44.0% 0.1%
ZILLOW HOME LOANS, LLC $1,150,000 $625,000 -45.7% 0.1%
Summit Mortgage Corporation $615,000 n/a 0.1%
General Mortgage Capital Corporation $575,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $585,000 $575,000 -1.7% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $330,000 $565,000 71.2% 0.1%
Baxter Credit Union $65,000 $540,000 730.8% 0.1%
Mortgage Assurance Inc. $205,000 $540,000 163.4% 0.1%
VERITAS FUNDING, LLC $540,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $530,000 n/a 0.1%
DELTA COMMUNITY CREDIT UNION $275,000 $530,000 92.7% 0.1%
NBKC BANK $495,000 $525,000 6.1% 0.1%
ROYAL UNITED MORTGAGE LLC $355,000 $525,000 47.9% 0.1%
DELMAR FINANCIAL COMPANY $185,000 $515,000 178.4% 0.1%
S. C. TELCO $2,040,000 $515,000 -74.8% 0.1%
FIRST INTEGRITY MORTGAGE SERVICES, INC. $510,000 n/a 0.1%
GoPrime Mortgage, Inc. $505,000 n/a 0.1%
BAY EQUITY LLC $485,000 n/a 0.1%
BAY CAPITAL MORTGAGE CORPORATION $475,000 n/a 0.1%
Sound Bank $470,000 n/a 0.1%
FineMark National Bank & Trust $2,645,000 $465,000 -82.4% 0.1%
GEORGIA'S OWN $465,000 n/a 0.1%
Ally Bank $275,000 $455,000 65.5% 0.1%
AmeriHome Mortgage Company, LLC $445,000 n/a 0.1%
Leader Bank $445,000 n/a 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $320,000 $440,000 37.5% 0.1%
1ST 2ND MORTGAGE COMPANY OF N.J., INC. $435,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $165,000 $430,000 160.6% 0.1%
CREDIT UNION OF GEORGIA $425,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $405,000 n/a 0.1%
Old National Bank $395,000 n/a 0.1%
SAFE FEDERAL CREDIT UNION $395,000 n/a 0.1%
ON Q FINANCIAL, INC. $14,905,000 $380,000 -97.5% 0.1%
American Security Mortgage Corp. $475,000 $375,000 -21.1% 0.1%
EVERETT FINANCIAL, INC. $285,000 $365,000 28.1% 0.1%
CAROLINA ONE MORTGAGE, LLC $355,000 n/a 0.1%
CIBM Bank $385,000 $355,000 -7.8% 0.1%
Peach State Bank & Trust $205,000 $315,000 53.7% 0.1%
PHH Mortgage Corporation $310,000 n/a 0.1%
Barley Mortgage, LLC $305,000 n/a 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $305,000 n/a 0.1%
PREMIER LENDING, INC. $305,000 n/a 0.1%
SOUTH CAROLINA FEDERAL CREDIT UNION $3,020,000 $305,000 -89.9% 0.1%
HOMESTEAD FUNDING CORP. $205,000 $295,000 43.9% 0.1%
Network Funding, L.P. $350,000 $295,000 -15.7% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $555,000 $285,000 -48.6% 0.1%
CANOPY MORTGAGE, LLC $285,000 n/a 0.1%
ALLIANT CREDIT UNION $275,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $275,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $275,000 n/a 0.1%
MAX Credit Union $275,000 n/a 0.1%
Atlantic Coast Mortgage, LLC $265,000 n/a 0.1%
Capital City Home Loans, LLC $265,000 n/a 0.1%
OCMBC, INC. $265,000 n/a 0.1%
Carrington Mortgage Services, LLC $545,000 $260,000 -52.3% 0.1%
Blue Ridge Bank $815,000 $255,000 -68.7% 0.1%
South Atlantic Bank $255,000 n/a 0.1%
The Fidelity Bank $255,000 n/a 0.1%
RESIDENTIAL BANCORP $250,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $355,000 $235,000 -33.8% 0.0%
Kwik Mortgage Corporation $675,000 $235,000 -65.2% 0.0%
TOP FLITE FINANCIAL, INC. $330,000 $230,000 -30.3% 0.0%
Renasant Bank $1,110,000 $225,000 -79.7% 0.0%
The Citizens Bank $225,000 n/a 0.0%
Greenville Heritage Federal Credit Union $215,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 n/a 0.0%
Nations Lending Corporation $215,000 n/a 0.0%
Associated Credit Union $155,000 $205,000 32.3% 0.0%
DIGITAL Federal Credit Union $205,000 n/a 0.0%
KeyBank $205,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $200,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $195,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $195,000 n/a 0.0%
Pinnacle Bank $55,000 $190,000 245.5% 0.0%
CAPITAL CENTER, L.L.C. $185,000 n/a 0.0%
ENVOY MORTGAGE, LTD $185,000 n/a 0.0%
MILEND, INC. $185,000 n/a 0.0%
MORTGAGE INVESTORS GROUP, INC. $185,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $185,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $175,000 n/a 0.0%
EVANSVILLE TEACHERS $175,000 n/a 0.0%
Lakeview Community Capital, LLC $175,000 n/a 0.0%
Prosperity Home Mortgage, LLC $985,000 $175,000 -82.2% 0.0%
Barrington Bank & Trust Company, N.A. $240,000 $165,000 -31.3% 0.0%
Bethpage Federal Credit Union $450,000 $155,000 -65.6% 0.0%
United Bank $1,990,000 $155,000 -92.2% 0.0%
VILLAGE CAPITAL MORTGAGE $165,000 $155,000 -6.1% 0.0%
CONSTRUCTIVE LOANS, LLC $135,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $135,000 n/a 0.0%
LATINO COMMUNITY CREDIT UNION $135,000 n/a 0.0%
SPRING EQ, LLC $160,000 $135,000 -15.6% 0.0%
LOANPAL, LLC $130,000 n/a 0.0%
Superior Credit Union, Inc. $125,000 n/a 0.0%
ALL REVERSE MORTGAGE, INC. $115,000 n/a 0.0%
Carolina Bank & Trust $115,000 n/a 0.0%
SHARONVIEW FEDERAL CREDIT UNION $115,000 n/a 0.0%
Elements Financial Federal Credit Union $105,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $1,490,000 $105,000 -93.0% 0.0%
Integrity Home Mortgage Corp $105,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $105,000 n/a 0.0%
Horizon Bank $205,000 $80,000 -61.0% 0.0%
Consolidated Federal Credit Union $75,000 n/a 0.0%
First Reliance Bank $470,000 $75,000 -84.0% 0.0%
MEMBER FIRST MORTGAGE, LLC $75,000 n/a 0.0%
AMWEST FUNDING CORP. $65,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $55,000 n/a 0.0%
GTE Federal Credit Union $55,000 $55,000 0.0% 0.0%
ATLANTA POSTAL $35,000 n/a 0.0%

Seneca's top lender by overall market share is South State Bank, with 9.5% market share. In second place, with 5.6%, is QUICKEN LOANS, LLC, having originated $27,795,000 in loans. In third place, with 4.4%, is First-Citizens Bank & Trust Company, having originated $21,975,000 in loans. In fourth place, with 4.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $20,140,000 in loans. In fifth place, with 2.5%, is UNION HOME MORTGAGE CORP., having originated $12,560,000 in loans.

Seneca, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 923 $343,995,000 $372,692
Cash Out Refi 194 $43,420,000 $223,814
Refi 181 $67,355,000 $372,127
Home Improvement 149 $21,945,000 $147,282
Other 134 $23,120,000 $172,537

Seneca's most frequently cited loan purpose was Home Purchase, with 923 originations. The 2nd most popular reason was Cash Out Refi, with 194 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 561 $195,665,000 $348,779
7-8% 327 $110,935,000 $339,251
5-6% 247 $90,905,000 $368,036
Over 8% 238 $51,660,000 $217,059
4-5% 109 $18,325,000 $168,119
<2.5% 11 $55,000 $5,000
2.5-3% 2 $350,000 $175,000

During 2024, Seneca's most frequently originated rate bucket was 6-7%, with 561 originations.

Loan Sizing (Seneca, SC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 576 $156,590,000 $271,858
$100k-200k 426 $62,830,000 $147,488
$100,000 or less 263 $15,305,000 $58,194
$400k-600k 144 $70,070,000 $486,597
$600k-1000k 92 $70,490,000 $766,196
$Over $1MM 80 $124,550,000 $1,556,875

Seneca's loan sizing saw the bucket of loans from $200k-400k with 576 originations, totaling $156,590,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 540 $181,700,000 $336,481
60-80% 341 $150,665,000 $441,833
20-40% 207 $36,595,000 $176,787
Under 20% 189 $17,015,000 $90,026
40-60% 188 $66,320,000 $352,766
Over 100% 17 $12,085,000 $710,882

Seneca's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 540 originations, totaling $181,700,000 in origination value.