SUMTER Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Sumter averaged
6.99%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.12% and
one month ago for the week of 2023-02-09, the
average rate was 6.21%.
Sumter's average rate one year ago was 3.59%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.16%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Sumter 30 Year Fixed Rate | 2023-03-16 | 6.99% |
| Sumter 30 Year Fixed Rate Refi | 2023-03-16 | 7.16% |
| Sumter 15 Year Fixed Rate | 2023-03-16 | 6.54% |
| Sumter 15 Year Fixed Rate Refi | 2023-03-16 | 6.14% |
| Sumter 30 Year FHA | 2023-03-16 | 6.17% |
| Sumter 30 Year FHA Refi | 2023-03-16 | 6.46% |
| Sumter 30 Year USDA | 2023-03-16 | 6.37% |
| Sumter 30 Year USDA Refi | 2023-03-16 | 6.14% |
| Sumter 30 Year VA | 2023-03-16 | 6.33% |
| Sumter 30 Year VA Refi | 2023-03-16 | 6.06% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SUMTER, SC.
SUMTER 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 SUMTER, 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.).
SUMTER Average Closing Costs & Other Stats
SUMTER, SC's 143 lenders originated 2,951
loans during 2022. The total origination value was $587,195,000, with an average loan value of
$198,982.
SUMTER's average closing costs are $4,982.
The top SUMTER lender as defined by loan originations is QUICKEN LOANS, LLC, with
60 loans originated. Their average total fees are
$5,782, which is $1,484
higher than the next largest lender,
Gateway First Bank.
The lowest fee SUMTER lenders (with over 10 loans originated) are
MOVEMENT MORTGAGE, LLC ($4,023), Wells Fargo Bank ($4,136), Synovus Bank ($4,206), First-Citizens Bank & Trust Company ($4,235) and Gateway First Bank ($4,298).
The lowest rate SUMTER lenders (with over 10 loans originated) are
First-Citizens Bank & Trust Company (4.59%), LOANDEPOT.COM, LLC (4.79%), PENNYMAC LOAN SERVICES, LLC (4.82%), Gateway First Bank (4.87%) and Synovus Bank (4.98%).
SUMTER, 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| SAFE FEDERAL CREDIT UNION | $33,255,000 | $40,435,000 | 21.6% | 6.9% |
| Mortgage Research Center, LLC | $41,355,000 | $36,835,000 | -10.9% | 6.3% |
| QUICKEN LOANS, LLC | $61,040,000 | $29,365,000 | -51.9% | 5.0% |
| Gateway First Bank | $46,550,000 | $28,655,000 | -38.4% | 4.9% |
| MOVEMENT MORTGAGE, LLC | $29,900,000 | $28,600,000 | -4.3% | 4.9% |
| RESOURCE FINANCIAL SERVICES, INC. | $30,205,000 | $25,055,000 | -17.1% | 4.3% |
| Trustmark National Bank | $40,740,000 | $20,070,000 | -50.7% | 3.4% |
| GUILD MORTGAGE COMPANY | $32,670,000 | $16,270,000 | -50.2% | 2.8% |
| GUARANTEED RATE AFFINITY, LLC | $21,340,000 | $15,710,000 | -26.4% | 2.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $20,355,000 | $15,600,000 | -23.4% | 2.7% |
| Carter Bank & Trust | $9,205,000 | $15,005,000 | 63.0% | 2.6% |
| Synovus Bank | $11,950,000 | $11,355,000 | -5.0% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $14,460,000 | $11,015,000 | -23.8% | 1.9% |
| FREEDOM MORTGAGE CORPORATION | $39,855,000 | $10,405,000 | -73.9% | 1.8% |
| NAVY FEDERAL CREDIT UNION | $14,540,000 | $10,380,000 | -28.6% | 1.8% |
| First-Citizens Bank & Trust Company | $13,060,000 | $9,895,000 | -24.2% | 1.7% |
| LOANDEPOT.COM, LLC | $12,950,000 | $9,380,000 | -27.6% | 1.6% |
| USAA Federal Savings Bank | $12,545,000 | $9,285,000 | -26.0% | 1.6% |
| FBC MORTGAGE, LLC | $7,950,000 | n/a | 1.4% | |
| Ameris Bank | $9,005,000 | $7,550,000 | -16.2% | 1.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $5,735,000 | $7,015,000 | 22.3% | 1.2% |
| Truist | $9,050,000 | $6,565,000 | -27.5% | 1.1% |
| 21ST MORTGAGE CORPORATION | $5,970,000 | $6,155,000 | 3.1% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $5,735,000 | $5,600,000 | -2.4% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,415,000 | $5,460,000 | 0.8% | 0.9% |
| Wells Fargo Bank | $14,600,000 | $5,260,000 | -64.0% | 0.9% |
| GUARANTEED RATE, INC. | $6,595,000 | $4,815,000 | -27.0% | 0.8% |
| FINANCE OF AMERICA MORTGAGE LLC | $4,605,000 | $4,655,000 | 1.1% | 0.8% |
| LIMA ONE CAPITAL, LLC | $1,175,000 | $4,635,000 | 294.5% | 0.8% |
| BROKER SOLUTIONS, INC. | $4,715,000 | $4,615,000 | -2.1% | 0.8% |
| South State Bank | $3,375,000 | $4,565,000 | 35.3% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,765,000 | $4,040,000 | 46.1% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,530,000 | $3,780,000 | 49.4% | 0.6% |
| ValleyStar Credit Union | $805,000 | $3,585,000 | 345.3% | 0.6% |
| The Citizens Bank | $3,140,000 | $3,515,000 | 11.9% | 0.6% |
| GrandSouth Bank | $2,005,000 | $3,470,000 | 73.1% | 0.6% |
| Carrington Mortgage Services, LLC | $3,040,000 | $3,070,000 | 1.0% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,185,000 | $2,900,000 | -44.1% | 0.5% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $625,000 | $2,900,000 | 364.0% | 0.5% |
| CALIBER HOME LOANS, INC. | $6,790,000 | $2,765,000 | -59.3% | 0.5% |
| First Bank | $530,000 | $2,755,000 | 419.8% | 0.5% |
| First Palmetto Bank | $2,330,000 | $2,725,000 | 17.0% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $8,055,000 | $2,695,000 | -66.5% | 0.5% |
| PENTAGON FEDERAL CREDIT UNION | $2,485,000 | $2,560,000 | 3.0% | 0.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,935,000 | $2,410,000 | -38.8% | 0.4% |
| NEWREZ LLC | $5,325,000 | $2,310,000 | -56.6% | 0.4% |
| JPMorgan Chase Bank | $3,520,000 | $2,265,000 | -35.7% | 0.4% |
| NEW DAY FINANCIAL, LLC | $4,370,000 | $2,070,000 | -52.6% | 0.4% |
| CMG MORTGAGE, INC. | $1,300,000 | $1,940,000 | 49.2% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $1,195,000 | $1,940,000 | 62.3% | 0.3% |
| The Federal Savings Bank | $3,265,000 | $1,925,000 | -41.0% | 0.3% |
| SUCCESS MORTGAGE PARTNERS, INC. | $4,115,000 | $1,880,000 | -54.3% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,265,000 | $1,865,000 | -17.7% | 0.3% |
| Armed Forces Bank | $335,000 | $1,830,000 | 446.3% | 0.3% |
| Prosperity Home Mortgage, LLC | $5,925,000 | $1,820,000 | -69.3% | 0.3% |
| Magnolia Bank | $7,980,000 | $1,740,000 | -78.2% | 0.3% |
| KeyBank | $1,650,000 | n/a | 0.3% | |
| CLEARPATH LENDING | $5,035,000 | $1,630,000 | -67.6% | 0.3% |
| Bank of America | $4,300,000 | $1,625,000 | -62.2% | 0.3% |
| Assurance Financial Group, L.L.C. | $730,000 | $1,620,000 | 121.9% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $4,840,000 | $1,595,000 | -67.0% | 0.3% |
| RF Renovo Management Company, LLC | $1,515,000 | n/a | 0.3% | |
| CNB Bank | $1,460,000 | n/a | 0.2% | |
| INTERCOASTAL MORTGAGE COMPANY | $450,000 | $1,455,000 | 223.3% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $2,235,000 | $1,385,000 | -38.0% | 0.2% |
| Equity Prime Mortgage LLC | $245,000 | $1,365,000 | 457.1% | 0.2% |
| MIDLAND MORTGAGE CORPORATION | $1,355,000 | $1,360,000 | 0.4% | 0.2% |
| Renasant Bank | $695,000 | $1,300,000 | 87.1% | 0.2% |
| NBKC BANK | $1,970,000 | $1,265,000 | -35.8% | 0.2% |
| DAS Acquisition Company, LLC | $1,260,000 | n/a | 0.2% | |
| First Reliance Bank | $1,335,000 | $1,235,000 | -7.5% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $3,205,000 | $1,230,000 | -61.6% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $1,785,000 | $1,215,000 | -31.9% | 0.2% |
| FREEDOM FIRST | $1,170,000 | n/a | 0.2% | |
| United Bank | $1,170,000 | n/a | 0.2% | |
| CAROLINA ONE MORTGAGE, LLC | $1,345,000 | $1,155,000 | -14.1% | 0.2% |
| Nations Lending Corporation | $450,000 | $1,125,000 | 150.0% | 0.2% |
| PLANET HOME LENDING, LLC | $770,000 | $1,125,000 | 46.1% | 0.2% |
| Mortgage Network, Inc. | $485,000 | $1,115,000 | 129.9% | 0.2% |
| Regions Bank | $1,680,000 | $1,115,000 | -33.6% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $95,000 | $1,080,000 | 1,036.8% | 0.2% |
| First Federal Bank | $2,035,000 | $1,065,000 | -47.7% | 0.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,280,000 | $1,050,000 | -53.9% | 0.2% |
| U.S. Bank | $745,000 | $1,045,000 | 40.3% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $350,000 | $1,035,000 | 195.7% | 0.2% |
| Bank of England | $1,000,000 | n/a | 0.2% | |
| ALLSOUTH | $2,190,000 | $995,000 | -54.6% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $85,000 | $980,000 | 1,052.9% | 0.2% |
| Prudential Huntoon Paige Associates, LLC | $975,000 | n/a | 0.2% | |
| Strong Home Mortgage, LLC | $235,000 | $965,000 | 310.6% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $945,000 | $960,000 | 1.6% | 0.2% |
| NTFN, INC. | $795,000 | $955,000 | 20.1% | 0.2% |
| BETTER MORTGAGE CORPORATION | $2,410,000 | $945,000 | -60.8% | 0.2% |
| ServisFirst Bank | $1,045,000 | $885,000 | -15.3% | 0.2% |
| North American Savings Bank, F.S.B. | $835,000 | $880,000 | 5.4% | 0.1% |
| CERTAINTY HOME LOANS, LLC | $545,000 | $875,000 | 60.6% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,030,000 | $860,000 | -16.5% | 0.1% |
| American Security Mortgage Corp. | $690,000 | $845,000 | 22.5% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $225,000 | $815,000 | 262.2% | 0.1% |
| Texana Bank | $810,000 | n/a | 0.1% | |
| Citizens Bank | $1,860,000 | $805,000 | -56.7% | 0.1% |
| Lakeview Community Capital, LLC | $2,225,000 | $805,000 | -63.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $790,000 | $795,000 | 0.6% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,645,000 | $790,000 | -52.0% | 0.1% |
| Flagstar Bank, FSB | $1,665,000 | $745,000 | -55.3% | 0.1% |
| PNC Bank | $115,000 | $740,000 | 543.5% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $960,000 | $735,000 | -23.4% | 0.1% |
| Ixonia Bank | $165,000 | $715,000 | 333.3% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $6,200,000 | $710,000 | -88.5% | 0.1% |
| CAPITAL CENTER, L.L.C. | $710,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $1,545,000 | $705,000 | -54.4% | 0.1% |
| Sunflower Bank | $700,000 | n/a | 0.1% | |
| Colten Mortgage, LLC | $625,000 | $690,000 | 10.4% | 0.1% |
| MORTGAGE EQUITY PARTNERS LLC | $690,000 | n/a | 0.1% | |
| FIRST HOME MORTGAGE CORPORATION | $675,000 | n/a | 0.1% | |
| Anderson Brothers Bank | $2,385,000 | $655,000 | -72.5% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $920,000 | $645,000 | -29.9% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $145,000 | $645,000 | 344.8% | 0.1% |
| TOWNE MORTGAGE COMPANY | $325,000 | $615,000 | 89.2% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,055,000 | $615,000 | -41.7% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $610,000 | n/a | 0.1% | |
| Service Federal Credit Union | $95,000 | $585,000 | 515.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $225,000 | $560,000 | 148.9% | 0.1% |
| Palmetto Citizens Federal Credit Union | $255,000 | $545,000 | 113.7% | 0.1% |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $1,755,000 | $545,000 | -68.9% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $540,000 | n/a | 0.1% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $535,000 | n/a | 0.1% | |
| Fifth Third Bank | $525,000 | n/a | 0.1% | |
| SOUTHWEST FUNDING, LP | $115,000 | $525,000 | 356.5% | 0.1% |
| SUMMIT FUNDING, INC. | $460,000 | $525,000 | 14.1% | 0.1% |
| Mid-Continent Funding, Inc. | $145,000 | $520,000 | 258.6% | 0.1% |
| Princeton Mortgage Corporation | $520,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $505,000 | n/a | 0.1% | |
| Southern First Bank | $1,700,000 | $505,000 | -70.3% | 0.1% |
| SOFI LENDING CORP. | $485,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $195,000 | $480,000 | 146.2% | 0.1% |
| LOANPAL, LLC | $1,240,000 | $475,000 | -61.7% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $320,000 | $470,000 | 46.9% | 0.1% |
| AMWEST FUNDING CORP. | $465,000 | n/a | 0.1% | |
| THRIVE MORTGAGE, LLC | $460,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $165,000 | $450,000 | 172.7% | 0.1% |
| Alerus Financial | $445,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,300,000 | $445,000 | -65.8% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $1,280,000 | $445,000 | -65.2% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $440,000 | n/a | 0.1% | |
| AgFirst Farm Credit Bank | $380,000 | $430,000 | 13.2% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $465,000 | $410,000 | -11.8% | 0.1% |
| First Guaranty Mortgage Corporation | $2,235,000 | $410,000 | -81.7% | 0.1% |
| S. C. STATE FEDERAL CREDIT UNION | $235,000 | $410,000 | 74.5% | 0.1% |
| ZILLOW HOME LOANS, LLC | $115,000 | $410,000 | 256.5% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $165,000 | $405,000 | 145.5% | 0.1% |
| AMERICAN ADVISORS GROUP | $125,000 | $400,000 | 220.0% | 0.1% |
| NORTHROP GRUMMAN Federal Credit Union | $395,000 | n/a | 0.1% | |
| POLARIS HOME FUNDING CORP. | $115,000 | $395,000 | 243.5% | 0.1% |
| Presidential Bank, FSB | $195,000 | $375,000 | 92.3% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $750,000 | $365,000 | -51.3% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $205,000 | $365,000 | 78.0% | 0.1% |
| MORTGAGE INVESTORS GROUP, INC. | $365,000 | n/a | 0.1% | |
| Northpointe Bank | $430,000 | $365,000 | -15.1% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,260,000 | $365,000 | -71.0% | 0.1% |
| NFM, INC. | $360,000 | n/a | 0.1% | |
| Pinnacle Bank | $625,000 | $355,000 | -43.2% | 0.1% |
| Secured Investment Corp. | $355,000 | n/a | 0.1% | |
| Network Funding, L.P. | $350,000 | n/a | 0.1% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,200,000 | $340,000 | -71.7% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $420,000 | $335,000 | -20.2% | 0.1% |
| BAYER HERITAGE | $330,000 | n/a | 0.1% | |
| FOUNDERS FEDERAL CREDIT UNION | $150,000 | $330,000 | 120.0% | 0.1% |
| ON Q FINANCIAL, INC. | $245,000 | $325,000 | 32.7% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $320,000 | $320,000 | 0.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $400,000 | $320,000 | -20.0% | 0.1% |
| Citibank | $75,000 | $305,000 | 306.7% | 0.1% |
| Luxury Mortgage Corp. | $305,000 | n/a | 0.1% | |
| United Community Bank | $485,000 | $300,000 | -38.1% | 0.1% |
| TD Bank | $1,355,000 | $295,000 | -78.2% | 0.1% |
| Associated Credit Union | $290,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $1,550,000 | $290,000 | -81.3% | 0.0% |
| CANOPY MORTGAGE, LLC | $285,000 | n/a | 0.0% | |
| Alcova Mortgage LLC | $280,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $420,000 | $275,000 | -34.5% | 0.0% |
| First Community Bank | $470,000 | $270,000 | -42.6% | 0.0% |
| PHH Mortgage Corporation | $250,000 | $270,000 | 8.0% | 0.0% |
| EQUITY RESOURCES, INC. | $155,000 | $265,000 | 71.0% | 0.0% |
| PREMIA MORTGAGE, LLC | $265,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $460,000 | $265,000 | -42.4% | 0.0% |
| BNC National Bank | $1,270,000 | $255,000 | -79.9% | 0.0% |
| Dollar Bank, Federal Savings Bank | $255,000 | $255,000 | 0.0% | 0.0% |
| Family Trust Federal Credit Union | $255,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $245,000 | n/a | 0.0% | |
| The Fidelity Bank | $245,000 | n/a | 0.0% | |
| S. C. TELCO | $240,000 | n/a | 0.0% | |
| Black Hills Community Bank | $235,000 | n/a | 0.0% | |
| GoPrime Mortgage, Inc. | $175,000 | $235,000 | 34.3% | 0.0% |
| Integrity Home Mortgage Corp | $235,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $225,000 | n/a | 0.0% | |
| MCLEAN MORTGAGE CORPORATION | $225,000 | n/a | 0.0% | |
| Enterprise Bank of South Carolina | $90,000 | $215,000 | 138.9% | 0.0% |
| SHARONVIEW FEDERAL CREDIT UNION | $235,000 | $215,000 | -8.5% | 0.0% |
| T2 FINANCIAL LLC | $525,000 | $215,000 | -59.0% | 0.0% |
| Baxter Credit Union | $210,000 | n/a | 0.0% | |
| Countybank | $205,000 | n/a | 0.0% | |
| Old National Bank | $205,000 | n/a | 0.0% | |
| Towne Bank | $205,000 | n/a | 0.0% | |
| Carolina Bank & Trust | $410,000 | $195,000 | -52.4% | 0.0% |
| EMBRACE HOME LOANS, INC. | $215,000 | $195,000 | -9.3% | 0.0% |
| First Community Bank | $470,000 | $195,000 | -58.5% | 0.0% |
| Hometown Equity Mortgage, LLC | $145,000 | $190,000 | 31.0% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $185,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $185,000 | n/a | 0.0% | |
| Plains Commerce Bank | $260,000 | $185,000 | -28.8% | 0.0% |
| Queensborough National Bank & Trust Company | $185,000 | n/a | 0.0% | |
| SELF-HELP Credit Union | $185,000 | n/a | 0.0% | |
| SOUTHERN TRUST MORTGAGE, LLC | $330,000 | $185,000 | -43.9% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $185,000 | n/a | 0.0% | |
| STATE EMPLOYEES' | $975,000 | $185,000 | -81.0% | 0.0% |
| MID CAROLINA Credit Union | $175,000 | $180,000 | 2.9% | 0.0% |
| Ally Bank | $210,000 | $175,000 | -16.7% | 0.0% |
| C & F Mortgage Corporation | $175,000 | n/a | 0.0% | |
| FAIR WAY LENDING LLC | $165,000 | $175,000 | 6.1% | 0.0% |
| First National Bank of Pennsylvania | $750,000 | $160,000 | -78.7% | 0.0% |
| EagleBank | $155,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $155,000 | n/a | 0.0% | |
| RAPID MORTGAGE COMPANY | $155,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $145,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $145,000 | n/a | 0.0% | |
| HONDA Federal Credit Union | $145,000 | $140,000 | -3.4% | 0.0% |
| MORIA DEVELOPMENT, INC. | $280,000 | $140,000 | -50.0% | 0.0% |
| Arvest Bank | $105,000 | $135,000 | 28.6% | 0.0% |
| NEXERA HOLDING LLC | $135,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $230,000 | $135,000 | -41.3% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $115,000 | n/a | 0.0% | |
| M&T Bank | $315,000 | $115,000 | -63.5% | 0.0% |
| Republic Bank & Trust Company | $155,000 | $115,000 | -25.8% | 0.0% |
| Servion, Inc. | $55,000 | $115,000 | 109.1% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $105,000 | n/a | 0.0% | |
| COASTAL Federal Credit Union | $105,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $105,000 | n/a | 0.0% | |
| Discover Bank | $105,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $125,000 | $105,000 | -16.0% | 0.0% |
| North State Bank | $105,000 | n/a | 0.0% | |
| Shamrock Home Loans, Inc. | $105,000 | n/a | 0.0% | |
| SPIRIT OF ALASKA | $105,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $105,000 | $95,000 | -9.5% | 0.0% |
| MICHIGAN MUTUAL, INC. | $395,000 | $95,000 | -75.9% | 0.0% |
| Atlantic Coast Mortgage, LLC | $165,000 | $85,000 | -48.5% | 0.0% |
| Beeline Loans, Inc. | $85,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $105,000 | $85,000 | -19.0% | 0.0% |
| Community Trust Bank, Inc. | $75,000 | n/a | 0.0% | |
| First National Bank of America | $65,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $85,000 | $65,000 | -23.5% | 0.0% |
| DIGITAL Federal Credit Union | $55,000 | n/a | 0.0% | |
| SUN Federal Credit Union | $55,000 | n/a | 0.0% | |
| 1st Franklin Financial Corporation | $70,000 | $45,000 | -35.7% | 0.0% |
| NexBank | $45,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $35,000 | n/a | 0.0% |
SUMTER's top lender by overall market share is SAFE FEDERAL CREDIT UNION, with 6.9% market share. In second place, with 6.3%, is Mortgage Research Center, LLC, having originated $36,835,000 in loans. In third place, with 5.0%, is QUICKEN LOANS, LLC, having originated $29,365,000 in loans. In fourth place, with 4.9%, is Gateway First Bank, having originated $28,655,000 in loans. In fifth place, with 4.9%, is MOVEMENT MORTGAGE, LLC, having originated $28,600,000 in loans.
SUMTER Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SUMTER (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 | $159,998 (-0.7%) | $183,917 (-3.3%) | 0.00 | 602 |
| 2018-02-01 | $166,300 (4.0%) | $186,841 (-0.8%) | 0.00 | 587 |
| 2018-03-01 | $163,950 (-0.6%) | $188,936 (0.1%) | 0.00 | 552 |
| 2018-04-01 | $168,500 (1.2%) | $194,590 (2.0%) | 0.00 | 572 |
| 2018-05-01 | $169,700 (2.9%) | $196,303 (3.0%) | 0.00 | 569 |
| 2018-06-01 | $172,000 (3.7%) | $198,542 (4.2%) | 0.00 | 550 |
| 2018-07-01 | $173,825 (3.8%) | $204,938 (7.8%) | 0.00 | 547 |
| 2018-08-01 | $169,900 (3.0%) | $203,733 (7.7%) | 0.00 | 539 |
| 2018-09-01 | $166,928 (1.2%) | $199,874 (7.1%) | 0.00 | 531 |
| 2018-10-01 | $159,900 (-3.1%) | $198,039 (5.2%) | 0.00 | 538 |
| 2018-11-01 | $164,900 (0.0%) | $199,112 (6.2%) | 0.00 | 526 |
| 2018-12-01 | $167,000 (1.3%) | $195,472 (6.5%) | 0.00 | 512 |
| 2019-01-01 | $167,425 (4.6%) | $195,800 (6.5%) | 0.00 | 476 |
| 2019-02-01 | $169,925 (2.2%) | $196,314 (5.1%) | 0.00 | 499 |
| 2019-03-01 | $179,567 (9.5%) | $197,420 (4.5%) | 0.00 | 542 |
| 2019-04-01 | $184,600 (9.6%) | $201,687 (3.7%) | 0.00 | 578 |
| 2019-05-01 | $189,453 (11.6%) | $207,317 (5.6%) | 0.00 | 569 |
| 2019-06-01 | $193,620 (12.6%) | $210,934 (6.2%) | 0.00 | 532 |
| 2019-07-01 | $189,450 (9.0%) | $207,072 (1.0%) | 0.00 | 502 |
| 2019-08-01 | $186,409 (9.7%) | $204,625 (0.4%) | 0.00 | 509 |
| 2019-09-01 | $187,023 (12.0%) | $202,665 (1.4%) | 0.00 | 509 |
| 2019-10-01 | $187,432 (17.2%) | $201,648 (1.8%) | 0.00 | 506 |
| 2019-11-01 | $188,700 (14.4%) | $204,403 (2.7%) | 0.00 | 487 |
| 2019-12-01 | $186,750 (11.8%) | $204,559 (4.7%) | 0.00 | 458 |
| 2020-01-01 | $194,888 (16.4%) | $209,981 (7.2%) | 0.00 | 412 |
| 2020-02-01 | $199,000 (17.1%) | $212,563 (8.3%) | 0.00 | 398 |
| 2020-03-01 | $194,977 (8.6%) | $210,114 (6.4%) | 0.00 | 390 |
| 2020-04-01 | $195,004 (5.6%) | $212,744 (5.5%) | 0.00 | 392 |
| 2020-05-01 | $191,000 (0.8%) | $210,086 (1.3%) | 0.00 | 360 |
| 2020-06-01 | $190,725 (-1.5%) | $210,176 (-0.4%) | 0.00 | 318 |
| 2020-07-01 | $189,764 (0.2%) | $224,708 (8.5%) | 0.00 | 274 |
| 2020-08-01 | $192,900 (3.5%) | $231,222 (13.0%) | 0.00 | 242 |
| 2020-09-01 | $191,076 (2.2%) | $241,770 (19.3%) | 0.00 | 224 |
| 2020-10-01 | $192,900 (2.9%) | $245,238 (21.6%) | 0.00 | 213 |
| 2020-11-01 | $201,844 (7.0%) | $247,044 (20.9%) | 0.00 | 208 |
| 2020-12-01 | $189,350 (1.4%) | $233,845 (14.3%) | 0.00 | 201 |
| 2021-01-01 | $185,000 (-5.1%) | $225,825 (7.6%) | 0.00 | 188 |
| 2021-02-01 | $181,475 (-8.8%) | $221,496 (4.2%) | 0.00 | 186 |
| 2021-03-01 | $184,900 (-5.2%) | $234,719 (11.7%) | 0.00 | 176 |
| 2021-04-01 | $189,700 (-2.7%) | $236,778 (11.3%) | 0.00 | 154 |
| 2021-05-01 | $199,000 (4.2%) | $249,865 (18.9%) | 0.00 | 121 |
| 2021-06-01 | $189,950 (-0.4%) | $320,935 (52.7%) | 0.00 | 129 |
| 2021-07-01 | $194,950 (2.7%) | $317,527 (41.3%) | 0.00 | 137 |
| 2021-08-01 | $212,200 (10.0%) | $285,193 (23.3%) | 0.00 | 131 |
| 2021-09-01 | $207,000 (8.3%) | $283,530 (17.3%) | 0.00 | 138 |
| 2021-10-01 | $200,000 (3.7%) | $276,007 (12.6%) | 0.00 | 156 |
| 2021-11-01 | $223,500 (10.7%) | $268,221 (8.6%) | 0.00 | 178 |
| 2021-12-01 | $219,925 (16.2%) | $278,124 (18.9%) | 0.00 | 176 |
| 2022-01-01 | $249,900 (35.1%) | $267,297 (18.4%) | 0.00 | 168 |
| 2022-02-01 | $254,739 (40.4%) | $257,405 (16.2%) | 0.00 | 152 |
| 2022-03-01 | $262,118 (41.8%) | $299,197 (27.5%) | 0.00 | 141 |
| 2022-04-01 | $270,440 (42.6%) | $317,781 (34.2%) | 0.00 | 131 |
| 2022-05-01 | $269,250 (35.3%) | $306,943 (22.8%) | 0.00 | 180 |
| 2022-06-01 | $269,975 (42.1%) | $284,899 (-11.2%) | 0.00 | 230 |
| 2022-07-01 | $279,900 (43.6%) | $293,963 (-7.4%) | 0.00 | 256 |
| 2022-08-01 | $291,147 (37.2%) | $302,800 (6.2%) | 0.00 | 333 |
| 2022-09-01 | $286,492 (38.4%) | $300,500 (6.0%) | 0.00 | 369 |
| 2022-10-01 | $285,000 (42.5%) | $298,895 (8.3%) | 0.00 | 378 |
| 2022-11-01 | $285,000 (27.5%) | $295,617 (10.2%) | 0.00 | 392 |
| 2022-12-01 | $275,000 (25.0%) | $290,057 (4.3%) | 0.00 | 405 |
| 2023-01-01 | $288,651 (15.5%) | $289,921 (8.5%) | 0.00 | 404 |
| 2023-02-01 | $292,995 (15.0%) | $300,486 (16.7%) | 0.00 | 393 |
SUMTER's median listing price for 2023-02-01 was $292,995, a difference of
$38,256
(15.0%) versus the prior year and
$4,344 versus the prior month.
SUMTER's median listing price comes in at 0% of the national average.
SUMTER's average listing price for 2023-02-01 was $300,486, a difference of $43,081 (16.7%) versus the prior year and $10,565 versus the prior month.
For the 2023-02-01 period, SUMTER had 393 MLS listings, a difference of -11 listings (-3%) versus the prior month and 241 listings (159%) versus the prior year.
SUMTER's median listing price comes in at 0% of the national average.
SUMTER's average listing price for 2023-02-01 was $300,486, a difference of $43,081 (16.7%) versus the prior year and $10,565 versus the prior month.
For the 2023-02-01 period, SUMTER had 393 MLS listings, a difference of -11 listings (-3%) versus the prior month and 241 listings (159%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SUMTER (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,905 sqft |
| 2018-02-01 | 0 days | 1,909 sqft |
| 2018-03-01 | 0 days | 1,907 sqft |
| 2018-04-01 | 0 days | 1,917 sqft |
| 2018-05-01 | 0 days | 1,927 sqft |
| 2018-06-01 | 0 days | 1,914 sqft |
| 2018-07-01 | 0 days | 1,919 sqft |
| 2018-08-01 | 0 days | 1,909 sqft |
| 2018-09-01 | 0 days | 1,879 sqft |
| 2018-10-01 | 0 days | 1,855 sqft |
| 2018-11-01 | 0 days | 1,897 sqft |
| 2018-12-01 | 0 days | 1,905 sqft |
| 2019-01-01 | 0 days | 1,902 sqft |
| 2019-02-01 | 0 days | 1,906 sqft |
| 2019-03-01 | 0 days | 1,940 sqft |
| 2019-04-01 | 0 days | 1,958 sqft |
| 2019-05-01 | 0 days | 1,980 sqft |
| 2019-06-01 | 0 days | 2,002 sqft |
| 2019-07-01 | 0 days | 1,954 sqft |
| 2019-08-01 | 0 days | 1,942 sqft |
| 2019-09-01 | 0 days | 1,951 sqft |
| 2019-10-01 | 0 days | 1,964 sqft |
| 2019-11-01 | 0 days | 1,993 sqft |
| 2019-12-01 | 0 days | 1,942 sqft |
| 2020-01-01 | 0 days | 1,983 sqft |
| 2020-02-01 | 0 days | 1,959 sqft |
| 2020-03-01 | 0 days | 1,910 sqft |
| 2020-04-01 | 0 days | 1,879 sqft |
| 2020-05-01 | 0 days | 1,877 sqft |
| 2020-06-01 | 0 days | 1,874 sqft |
| 2020-07-01 | 0 days | 1,881 sqft |
| 2020-08-01 | 0 days | 1,921 sqft |
| 2020-09-01 | 0 days | 1,903 sqft |
| 2020-10-01 | 0 days | 1,951 sqft |
| 2020-11-01 | 0 days | 1,988 sqft |
| 2020-12-01 | 0 days | 1,926 sqft |
| 2021-01-01 | 0 days | 1,871 sqft |
| 2021-02-01 | 0 days | 1,869 sqft |
| 2021-03-01 | 0 days | 1,850 sqft |
| 2021-04-01 | 0 days | 1,893 sqft |
| 2021-05-01 | 0 days | 1,968 sqft |
| 2021-06-01 | 0 days | 1,924 sqft |
| 2021-07-01 | 0 days | 1,920 sqft |
| 2021-08-01 | 0 days | 1,969 sqft |
| 2021-09-01 | 0 days | 1,923 sqft |
| 2021-10-01 | 0 days | 1,952 sqft |
| 2021-11-01 | 0 days | 1,942 sqft |
| 2021-12-01 | 0 days | 1,945 sqft |
| 2022-01-01 | 0 days | 1,996 sqft |
| 2022-02-01 | 0 days | 2,035 sqft |
| 2022-03-01 | 0 days | 2,024 sqft |
| 2022-04-01 | 0 days | 2,035 sqft |
| 2022-05-01 | 0 days | 2,063 sqft |
| 2022-06-01 | 0 days | 2,007 sqft |
| 2022-07-01 | 0 days | 2,035 sqft |
| 2022-08-01 | 0 days | 2,077 sqft |
| 2022-09-01 | 0 days | 2,044 sqft |
| 2022-10-01 | 0 days | 2,039 sqft |
| 2022-11-01 | 0 days | 2,045 sqft |
| 2022-12-01 | 0 days | 2,058 sqft |
| 2023-01-01 | 0 days | 2,059 sqft |
| 2023-02-01 | 0 days | 2,086 sqft |
SUMTER's median listing age (time on market) for 2023-02-01 was 0 days.
SUMTER's median square footage for active listings during the 2023-02-01 period was 2,086 sqft. One year prior, the average listing was 2,035 sqft.
SUMTER's median square footage for active listings during the 2023-02-01 period was 2,086 sqft. One year prior, the average listing was 2,035 sqft.
SUMTER, SC Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 29001 | Sumter, SC | $590 | $610 | $750 | $970 | $1,090 |
| 29040 | Sumter, SC | $590 | $610 | $750 | $970 | $1,090 |
| 29051 | Sumter, SC | $590 | $610 | $750 | $970 | $1,090 |
| 29062 | Sumter, SC | $590 | $630 | $760 | $970 | $1,110 |
| 29080 | Sumter, SC | $590 | $610 | $750 | $970 | $1,090 |
| 29102 | Sumter, SC | $600 | $610 | $750 | $980 | $1,110 |
| 29104 | Sumter, SC | $590 | $700 | $870 | $1,090 | $1,220 |
| 29114 | Sumter, SC | $680 | $720 | $920 | $1,160 | $1,300 |
| 29125 | Sumter, SC | $740 | $830 | $1,050 | $1,300 | $1,500 |
| 29128 | Sumter, SC | $590 | $610 | $750 | $970 | $1,120 |
| 29150 | Sumter, SC | $610 | $720 | $890 | $1,120 | $1,250 |
| 29151 | Sumter, SC | $600 | $690 | $850 | $1,070 | $1,190 |
| 29152 | Sumter, SC | $840 | $980 | $1,210 | $1,520 | $1,700 |
| 29153 | Sumter, SC | $640 | $750 | $920 | $1,150 | $1,290 |
| 29154 | Sumter, SC | $630 | $720 | $890 | $1,120 | $1,250 |
| 29162 | Sumter, SC | $590 | $610 | $750 | $970 | $1,090 |
| 29168 | Sumter, SC | $620 | $700 | $870 | $1,090 | $1,220 |
2022 Average & Median Rent Data Statistics
SUMTER, SC average 1BR rent: $689, median: $690
SUMTER, SC average 2BR rent: $852, median: $850
SUMTER, SC average 3BR rent: $1,082, median: $1,070
SUMTER, SC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,932 | $402,790,000 | $208,483 |
| Cash Out Refi | 548 | $96,820,000 | $176,679 |
| Refi | 253 | $58,825,000 | $232,510 |
| Home Improvement | 114 | $12,320,000 | $108,070 |
| Other | 104 | $16,440,000 | $158,077 |
Sumter's most frequently cited loan purpose was Home Purchase, with 1,932 originations. The 2nd most popular reason was Cash Out Refi, with 548 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 689 | $144,095,000 | $209,136 |
| 4-5% | 662 | $150,680,000 | $227,613 |
| 3-4% | 553 | $114,655,000 | $207,333 |
| 6-7% | 300 | $58,310,000 | $194,367 |
| 2.5-3% | 157 | $31,065,000 | $197,866 |
| Over 8% | 110 | $11,410,000 | $103,727 |
| 7-8% | 106 | $18,420,000 | $173,774 |
| <2.5% | 94 | $9,180,000 | $97,660 |
During 2022, Sumter's most frequently originated rate bucket was 5-6%, with 689 originations.
Loan Sizing (SUMTER, SC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,247 | $188,045,000 | $150,798 |
| $200k-400k | 1,069 | $284,565,000 | $266,197 |
| $100,000 or less | 525 | $31,505,000 | $60,010 |
| $400k-600k | 82 | $38,050,000 | $464,024 |
| $600k-1000k | 20 | $13,920,000 | $696,000 |
| $Over $1MM | 8 | $31,110,000 | $3,888,750 |
SUMTER's loan sizing saw the bucket of loans from $100k-200k with 1,247 originations, totaling $188,045,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,576 | $334,860,000 | $212,475 |
| 60-80% | 510 | $108,470,000 | $212,686 |
| Over 100% | 199 | $53,605,000 | $269,372 |
| 40-60% | 177 | $26,275,000 | $148,446 |
| Under 20% | 105 | $3,505,000 | $33,381 |
| 20-40% | 91 | $8,535,000 | $93,791 |
SUMTER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,576 originations, totaling $334,860,000 in origination value.