SUMTER Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Sumter averaged
5.75%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.72% and
one month ago for the week of 2022-04-07, the
average rate was 4.77%.
Sumter's average rate one year ago was 3.45%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.59%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Sumter 30 Year Fixed Rate | 2022-05-12 | 5.75% |
| Sumter 30 Year Fixed Rate Refi | 2022-05-12 | 5.59% |
| Sumter 15 Year Fixed Rate | 2022-05-12 | 5.22% |
| Sumter 15 Year Fixed Rate Refi | 2022-05-12 | 4.68% |
| Sumter 30 Year FHA | 2022-05-12 | 5.39% |
| Sumter 30 Year FHA Refi | 2022-05-12 | 5.58% |
| Sumter 30 Year USDA | 2022-05-12 | 5.59% |
| Sumter 30 Year USDA Refi | 2022-05-12 | 2.9% |
| Sumter 30 Year VA | 2022-05-12 | 5.61% |
| Sumter 30 Year VA Refi | 2022-05-12 | 5.13% |
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 lendor, 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, SC's 142 lenders originated 4,370
loans during 2021. The total origination value was $796,920,000, with an average loan value of
$182,362.
The top SUMTER lender as defined by loan originations is QUICKEN LOANS, LLC, with
99 loans originated. Their average total fees are
$4,829, which is $1,953
higher than the next largest lender,
Gateway First Bank.
The lowest fee SUMTER lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($2,356), Trustmark National Bank ($2,743), Gateway First Bank ($2,876), First Palmetto Bank ($3,046) and Wells Fargo Bank ($3,069).
The lowest rate SUMTER lenders (with over 10 loans originated) are
Bank of America (2.61%), Gateway First Bank (3.05%), MOVEMENT MORTGAGE, LLC (3.06%), AMERISAVE MORTGAGE CORPORATION (3.09%) and Synovus Bank (3.10%).
SUMTER, SC Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $48,330,000 | $61,040,000 | 26.3% | 7.7% |
| Gateway First Bank | $48,435,000 | $46,550,000 | -3.9% | 5.8% |
| Mortgage Research Center, LLC | $26,685,000 | $41,355,000 | 55.0% | 5.2% |
| Trustmark National Bank | $40,200,000 | $40,740,000 | 1.3% | 5.1% |
| FREEDOM MORTGAGE CORPORATION | $48,615,000 | $39,855,000 | -18.0% | 5.0% |
| SAFE FEDERAL CREDIT UNION | $24,565,000 | $33,255,000 | 35.4% | 4.2% |
| GUILD MORTGAGE COMPANY | $27,020,000 | $32,670,000 | 20.9% | 4.1% |
| RESOURCE FINANCIAL SERVICES, INC. | $23,880,000 | $30,205,000 | 26.5% | 3.8% |
| MOVEMENT MORTGAGE, LLC | $42,425,000 | $29,900,000 | -29.5% | 3.8% |
| GUARANTEED RATE AFFINITY, LLC | $14,285,000 | $21,340,000 | 49.4% | 2.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $11,910,000 | $20,355,000 | 70.9% | 2.6% |
| Wells Fargo Bank | $9,050,000 | $14,600,000 | 61.3% | 1.8% |
| NAVY FEDERAL CREDIT UNION | $10,145,000 | $14,540,000 | 43.3% | 1.8% |
| PENNYMAC LOAN SERVICES, LLC | $3,825,000 | $14,460,000 | 278.0% | 1.8% |
| First-Citizens Bank & Trust Company | $14,465,000 | $13,060,000 | -9.7% | 1.6% |
| LOANDEPOT.COM, LLC | $10,570,000 | $12,950,000 | 22.5% | 1.6% |
| USAA Federal Savings Bank | $14,810,000 | $12,545,000 | -15.3% | 1.6% |
| Synovus Bank | $16,355,000 | $11,950,000 | -26.9% | 1.5% |
| Carter Bank & Trust | $9,205,000 | n/a | 1.2% | |
| Truist Bank | $7,565,000 | $9,050,000 | 19.6% | 1.1% |
| Ameris Bank | $7,595,000 | $9,005,000 | 18.6% | 1.1% |
| LAKEVIEW LOAN SERVICING, LLC | $7,195,000 | $8,055,000 | 12.0% | 1.0% |
| Magnolia Bank | $12,440,000 | $7,980,000 | -35.9% | 1.0% |
| BAY EQUITY LLC | $1,770,000 | $7,640,000 | 331.6% | 1.0% |
| CALIBER HOME LOANS, INC. | $6,970,000 | $6,790,000 | -2.6% | 0.9% |
| GUARANTEED RATE, INC. | $2,610,000 | $6,595,000 | 152.7% | 0.8% |
| WALKER & DUNLOP, LLC | $8,135,000 | $6,425,000 | -21.0% | 0.8% |
| ANGEL OAK HOME LOANS LLC | $3,160,000 | $6,200,000 | 96.2% | 0.8% |
| 21ST MORTGAGE CORPORATION | $3,955,000 | $5,970,000 | 50.9% | 0.7% |
| Prosperity Home Mortgage, LLC | $3,575,000 | $5,925,000 | 65.7% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $2,610,000 | $5,735,000 | 119.7% | 0.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $6,555,000 | $5,735,000 | -12.5% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,070,000 | $5,415,000 | -10.8% | 0.7% |
| NEWREZ LLC | $1,530,000 | $5,325,000 | 248.0% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,240,000 | $5,185,000 | -1.0% | 0.7% |
| CLEARPATH LENDING | $7,490,000 | $5,035,000 | -32.8% | 0.6% |
| VILLAGE CAPITAL & INVESTMENT LLC | $5,065,000 | $4,840,000 | -4.4% | 0.6% |
| BROKER SOLUTIONS, INC. | $2,845,000 | $4,715,000 | 65.7% | 0.6% |
| FINANCE OF AMERICA MORTGAGE LLC | $6,070,000 | $4,605,000 | -24.1% | 0.6% |
| NEW DAY FINANCIAL, LLC | $4,130,000 | $4,370,000 | 5.8% | 0.5% |
| Bank of America | $2,885,000 | $4,300,000 | 49.0% | 0.5% |
| SUCCESS MORTGAGE PARTNERS, INC. | $4,125,000 | $4,115,000 | -0.2% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,475,000 | $3,935,000 | 13.2% | 0.5% |
| JPMorgan Chase Bank | $1,375,000 | $3,520,000 | 156.0% | 0.4% |
| South State Bank | $1,120,000 | $3,375,000 | 201.3% | 0.4% |
| The Federal Savings Bank | $2,170,000 | $3,265,000 | 50.5% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $2,180,000 | $3,205,000 | 47.0% | 0.4% |
| The Citizens Bank | $5,635,000 | $3,140,000 | -44.3% | 0.4% |
| Carrington Mortgage Services, LLC | $2,940,000 | $3,040,000 | 3.4% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $515,000 | $2,765,000 | 436.9% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,815,000 | $2,530,000 | 39.4% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $1,805,000 | $2,485,000 | 37.7% | 0.3% |
| BETTER MORTGAGE CORPORATION | $460,000 | $2,410,000 | 423.9% | 0.3% |
| Anderson Brothers Bank | $290,000 | $2,385,000 | 722.4% | 0.3% |
| First Palmetto Bank | $4,690,000 | $2,330,000 | -50.3% | 0.3% |
| LENDUS, LLC | $4,320,000 | $2,320,000 | -46.3% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $875,000 | $2,280,000 | 160.6% | 0.3% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $650,000 | $2,280,000 | 250.8% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $4,870,000 | $2,265,000 | -53.5% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $1,385,000 | $2,235,000 | 61.4% | 0.3% |
| First Guaranty Mortgage Corporation | $1,255,000 | $2,235,000 | 78.1% | 0.3% |
| Lakeview Community Capital, LLC | $2,855,000 | $2,225,000 | -22.1% | 0.3% |
| ALLSOUTH | $655,000 | $2,190,000 | 234.4% | 0.3% |
| First Federal Bank | $1,520,000 | $2,035,000 | 33.9% | 0.3% |
| GrandSouth Bank | $35,000 | $2,005,000 | 5,628.6% | 0.3% |
| NBKC BANK | $2,230,000 | $1,970,000 | -11.7% | 0.2% |
| Citizens Bank | $1,810,000 | $1,860,000 | 2.8% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $140,000 | $1,785,000 | 1,175.0% | 0.2% |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $1,270,000 | $1,755,000 | 38.2% | 0.2% |
| Southern First Bank | $1,110,000 | $1,700,000 | 53.2% | 0.2% |
| Regions Bank | $1,275,000 | $1,680,000 | 31.8% | 0.2% |
| Flagstar Bank, FSB | $945,000 | $1,665,000 | 76.2% | 0.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,655,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,420,000 | $1,645,000 | 15.8% | 0.2% |
| Arbor Realty Trust, Inc. | $1,905,000 | $1,605,000 | -15.7% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $1,395,000 | $1,550,000 | 11.1% | 0.2% |
| Low VA Rates, LLC | $1,840,000 | $1,545,000 | -16.0% | 0.2% |
| First Savings Bank | $145,000 | $1,440,000 | 893.1% | 0.2% |
| MIDLAND MORTGAGE CORPORATION | $2,005,000 | $1,355,000 | -32.4% | 0.2% |
| TD Bank | $825,000 | $1,355,000 | 64.2% | 0.2% |
| CAROLINA ONE MORTGAGE, LLC | $1,055,000 | $1,345,000 | 27.5% | 0.2% |
| First Reliance Bank | $1,880,000 | $1,335,000 | -29.0% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $360,000 | $1,300,000 | 261.1% | 0.2% |
| CMG MORTGAGE, INC. | $1,375,000 | $1,300,000 | -5.5% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $740,000 | $1,280,000 | 73.0% | 0.2% |
| BNC National Bank | $1,120,000 | $1,270,000 | 13.4% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $85,000 | $1,260,000 | 1,382.4% | 0.2% |
| LOANPAL, LLC | $1,410,000 | $1,240,000 | -12.1% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $450,000 | $1,200,000 | 166.7% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $490,000 | $1,195,000 | 143.9% | 0.1% |
| AXIA FINANCIAL, LLC | $515,000 | $1,185,000 | 130.1% | 0.1% |
| LIMA ONE CAPITAL, LLC | $1,175,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $205,000 | $1,055,000 | 414.6% | 0.1% |
| ServisFirst Bank | $560,000 | $1,045,000 | 86.6% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $375,000 | $1,030,000 | 174.7% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $510,000 | $1,000,000 | 96.1% | 0.1% |
| STATE EMPLOYEES' | $400,000 | $975,000 | 143.8% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $335,000 | $960,000 | 186.6% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $950,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $435,000 | $945,000 | 117.2% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $235,000 | $920,000 | 291.5% | 0.1% |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $445,000 | $880,000 | 97.8% | 0.1% |
| North American Savings Bank, F.S.B. | $1,790,000 | $835,000 | -53.4% | 0.1% |
| ValleyStar Credit Union | $805,000 | n/a | 0.1% | |
| NTFN, INC. | $245,000 | $795,000 | 224.5% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $490,000 | $790,000 | 61.2% | 0.1% |
| PLANET HOME LENDING, LLC | $790,000 | $770,000 | -2.5% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $720,000 | $750,000 | 4.2% | 0.1% |
| First National Bank of Pennsylvania | $750,000 | n/a | 0.1% | |
| U.S. Bank | $1,030,000 | $745,000 | -27.7% | 0.1% |
| Assurance Financial Group, L.L.C. | $215,000 | $730,000 | 239.5% | 0.1% |
| REV FEDERAL CREDIT UNION | $730,000 | n/a | 0.1% | |
| InterContinental Capital Group, Inc | $1,015,000 | $710,000 | -30.0% | 0.1% |
| KS StateBank | $265,000 | $705,000 | 166.0% | 0.1% |
| Renasant Bank | $2,130,000 | $695,000 | -67.4% | 0.1% |
| American Security Mortgage Corp. | $670,000 | $690,000 | 3.0% | 0.1% |
| FAMILY FIRST FUNDING LLC | $660,000 | n/a | 0.1% | |
| Colten Mortgage, LLC | $625,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $390,000 | $625,000 | 60.3% | 0.1% |
| Pinnacle Bank | $270,000 | $625,000 | 131.5% | 0.1% |
| First Home Bank | $575,000 | n/a | 0.1% | |
| Blue Ridge Bank | $865,000 | $560,000 | -35.3% | 0.1% |
| CERTAINTY HOME LOANS, LLC | $165,000 | $545,000 | 230.3% | 0.1% |
| First Bank | $295,000 | $530,000 | 79.7% | 0.1% |
| T2 FINANCIAL LLC | $525,000 | n/a | 0.1% | |
| CPM Federal Credit Union | $145,000 | $505,000 | 248.3% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $185,000 | $490,000 | 164.9% | 0.1% |
| Mortgage Network, Inc. | $490,000 | $485,000 | -1.0% | 0.1% |
| United Community Bank | $380,000 | $485,000 | 27.6% | 0.1% |
| First Community Bank | $265,000 | $470,000 | 77.4% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $465,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $460,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $460,000 | n/a | 0.1% | |
| INTERCOASTAL MORTGAGE COMPANY | $450,000 | n/a | 0.1% | |
| Nations Lending Corporation | $430,000 | $450,000 | 4.7% | 0.1% |
| Colonial Savings, F.A. | $370,000 | $440,000 | 18.9% | 0.1% |
| Northpointe Bank | $265,000 | $430,000 | 62.3% | 0.1% |
| NP, Inc. | $330,000 | $420,000 | 27.3% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $295,000 | $420,000 | 42.4% | 0.1% |
| TJC Mortgage, Inc. | $955,000 | $420,000 | -56.0% | 0.1% |
| Carolina Bank & Trust | $410,000 | n/a | 0.1% | |
| HOMESTAR FINANCIAL CORPORATION | $260,000 | $410,000 | 57.7% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $640,000 | $400,000 | -37.5% | 0.1% |
| TIAA, FSB | $400,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $395,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $390,000 | n/a | 0.0% | |
| AgFirst Farm Credit Bank | $380,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $375,000 | n/a | 0.0% | |
| Truliant Federal Credit Union | $220,000 | $375,000 | 70.5% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $2,135,000 | $350,000 | -83.6% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $900,000 | $345,000 | -61.7% | 0.0% |
| SeaTrust Mortgage Company | $345,000 | n/a | 0.0% | |
| Armed Forces Bank | $255,000 | $335,000 | 31.4% | 0.0% |
| SOUTHERN TRUST MORTGAGE, LLC | $330,000 | n/a | 0.0% | |
| HomeTrust Bank | $325,000 | n/a | 0.0% | |
| Northwest Bank | $185,000 | $325,000 | 75.7% | 0.0% |
| TOWNE MORTGAGE COMPANY | $650,000 | $325,000 | -50.0% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $320,000 | $320,000 | 0.0% | 0.0% |
| Barley Mortgage, LLC | $320,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $320,000 | n/a | 0.0% | |
| First Heritage Mortgage, LLC | $335,000 | $315,000 | -6.0% | 0.0% |
| Manufacturers and Traders Trust Company | $85,000 | $315,000 | 270.6% | 0.0% |
| AmRes Corporation | $305,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| SHELTER LENDING SERVICES, L.L.C. | $655,000 | $305,000 | -53.4% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| George Mason Mortgage, LLC | $295,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $285,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $135,000 | $280,000 | 107.4% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $275,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $275,000 | n/a | 0.0% | |
| The Bank of South Carolina | $265,000 | n/a | 0.0% | |
| Plains Commerce Bank | $165,000 | $260,000 | 57.6% | 0.0% |
| Dollar Bank, Federal Savings Bank | $285,000 | $255,000 | -10.5% | 0.0% |
| Palmetto Citizens Federal Credit Union | $750,000 | $255,000 | -66.0% | 0.0% |
| PHH Mortgage Corporation | $250,000 | $250,000 | 0.0% | 0.0% |
| Equity Prime Mortgage LLC | $1,015,000 | $245,000 | -75.9% | 0.0% |
| ON Q FINANCIAL, INC. | $220,000 | $245,000 | 11.4% | 0.0% |
| Capital Bank | $235,000 | n/a | 0.0% | |
| EMM LOANS LLC | $165,000 | $235,000 | 42.4% | 0.0% |
| First Midwest Bank | $285,000 | $235,000 | -17.5% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $235,000 | n/a | 0.0% | |
| S. C. STATE FEDERAL CREDIT UNION | $45,000 | $235,000 | 422.2% | 0.0% |
| SHARONVIEW FEDERAL CREDIT UNION | $280,000 | $235,000 | -16.1% | 0.0% |
| STEARNS LENDING, LLC | $380,000 | $235,000 | -38.2% | 0.0% |
| Strong Home Mortgage, LLC | $235,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $230,000 | n/a | 0.0% | |
| Coastal Carolina National Bank | $225,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $125,000 | $225,000 | 80.0% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $630,000 | $225,000 | -64.3% | 0.0% |
| EMBRACE HOME LOANS, INC. | $820,000 | $215,000 | -73.8% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $215,000 | n/a | 0.0% | |
| Stock Yards Bank & Trust Company | $215,000 | n/a | 0.0% | |
| The Freedom Bank of Virginia | $215,000 | n/a | 0.0% | |
| Ally Bank | $185,000 | $210,000 | 13.5% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $205,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $205,000 | n/a | 0.0% | |
| BOKF | $205,000 | n/a | 0.0% | |
| Carrollton Bank | $400,000 | $205,000 | -48.8% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $400,000 | $205,000 | -48.8% | 0.0% |
| The Union Bank Company | $205,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $135,000 | $195,000 | 44.4% | 0.0% |
| KELLER MORTGAGE, LLC | $145,000 | $195,000 | 34.5% | 0.0% |
| Presidential Bank, FSB | $195,000 | n/a | 0.0% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $185,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $365,000 | $180,000 | -50.7% | 0.0% |
| GoPrime Mortgage, Inc. | $175,000 | n/a | 0.0% | |
| MID CAROLINA Credit Union | $175,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage, LLC | $105,000 | $165,000 | 57.1% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $165,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $165,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $165,000 | n/a | 0.0% | |
| FAIR WAY LENDING LLC | $165,000 | n/a | 0.0% | |
| Ixonia Bank | $165,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $1,025,000 | $155,000 | -84.9% | 0.0% |
| Republic Bank & Trust Company | $155,000 | n/a | 0.0% | |
| UNITED MORTGAGE CORP. | $155,000 | n/a | 0.0% | |
| FOUNDERS FEDERAL CREDIT UNION | $265,000 | $150,000 | -43.4% | 0.0% |
| Hometown Equity Mortgage, LLC | $145,000 | n/a | 0.0% | |
| HONDA Federal Credit Union | $145,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $145,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $205,000 | $145,000 | -29.3% | 0.0% |
| NORWICH COMMERCIAL GROUP, INC. | $145,000 | n/a | 0.0% | |
| Santander Bank, N.A. | $145,000 | n/a | 0.0% | |
| The Dart Bank | $145,000 | n/a | 0.0% | |
| BancorpSouth Bank | $135,000 | n/a | 0.0% | |
| Byron Bank | $135,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $795,000 | $135,000 | -83.0% | 0.0% |
| Platinum Home Mortgage Corporation | $135,000 | n/a | 0.0% | |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $135,000 | n/a | 0.0% | |
| UNITED | $135,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $35,000 | $130,000 | 271.4% | 0.0% |
| AMERICAN ADVISORS GROUP | $205,000 | $125,000 | -39.0% | 0.0% |
| IMPAC MORTGAGE CORP. | $125,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $125,000 | n/a | 0.0% | |
| Specialized Loan Servicing LLC | $125,000 | n/a | 0.0% | |
| PNC Bank | $530,000 | $115,000 | -78.3% | 0.0% |
| POLARIS HOME FUNDING CORP. | $145,000 | $115,000 | -20.7% | 0.0% |
| SOUTHWEST FUNDING, LP | $350,000 | $115,000 | -67.1% | 0.0% |
| ZILLOW HOME LOANS, LLC | $105,000 | $115,000 | 9.5% | 0.0% |
| Arvest Bank | $105,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $105,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $450,000 | $105,000 | -76.7% | 0.0% |
| State Department Federal Credit Union | $105,000 | n/a | 0.0% | |
| ARC HOME LLC | $450,000 | $95,000 | -78.9% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $285,000 | $95,000 | -66.7% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $95,000 | n/a | 0.0% | |
| Service Federal Credit Union | $340,000 | $95,000 | -72.1% | 0.0% |
| Enterprise Bank of South Carolina | $410,000 | $90,000 | -78.0% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $90,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $270,000 | $85,000 | -68.5% | 0.0% |
| SIWELL, INC. | $85,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $85,000 | n/a | 0.0% | |
| Citibank | $165,000 | $75,000 | -54.5% | 0.0% |
| FirstBank | $75,000 | n/a | 0.0% | |
| The Huntington National Bank | $105,000 | $75,000 | -28.6% | 0.0% |
| 1st Franklin Financial Corporation | $35,000 | $70,000 | 100.0% | 0.0% |
| PROPONENT Federal Credit Union | $55,000 | n/a | 0.0% | |
| Servion, Inc. | $105,000 | $55,000 | -47.6% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $230,000 | $45,000 | -80.4% | 0.0% |
| ALLEGACY FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
SUMTER's top lender by overall market share is QUICKEN LOANS, LLC, with 7.7% market share. In second place, with 5.8%, is Gateway First Bank, having originated $46,550,000 in loans. In third place, with 5.2%, is Mortgage Research Center, LLC, having originated $41,355,000 in loans. In third place, with 5.1%, is Trustmark National Bank, having originated $40,740,000 in loans. In third place, with 5.0%, is FREEDOM MORTGAGE CORPORATION, having originated $39,855,000 in loans.
SUMTER, SC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,235 | $438,395,000 | $196,150 |
| Refi | 1,397 | $244,345,000 | $174,907 |
| Cash Out Refi | 586 | $96,880,000 | $165,324 |
| Home Improvement | 98 | $10,940,000 | $111,633 |
| Other | 54 | $6,360,000 | $117,778 |
Sumter's most frequently cited loan purpose was Home Purchase, with 2,235 originations. The 2nd most popular reason was Refi, with 1,397 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,629 | $331,205,000 | $203,318 |
| 3-4% | 1,204 | $208,620,000 | $173,272 |
| <2.5% | 980 | $182,350,000 | $186,071 |
| 4-5% | 104 | $15,500,000 | $149,038 |
| Over 8% | 71 | $5,515,000 | $77,676 |
| 7-8% | 52 | $5,710,000 | $109,808 |
| 6-7% | 28 | $3,190,000 | $113,929 |
| 5-6% | 28 | $2,880,000 | $102,857 |
During 2021, Sumter's most frequently originated rate bucket was 2.5-3%, with 1,629 originations.
Loan Sizing (SUMTER, SC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,229 | $334,365,000 | $150,007 |
| $200k-400k | 1,345 | $348,985,000 | $259,468 |
| $100,000 or less | 703 | $47,295,000 | $67,276 |
| $400k-600k | 75 | $35,215,000 | $469,533 |
| $600k-1000k | 11 | $7,725,000 | $702,273 |
| $Over $1MM | 7 | $23,335,000 | $3,333,571 |
SUMTER's loan sizing saw the bucket of loans from $100k-200k with 2,229 originations, totaling $334,365,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,232 | $428,340,000 | $191,909 |
| 60-80% | 841 | $151,765,000 | $180,458 |
| 40-60% | 298 | $51,180,000 | $171,745 |
| Over 100% | 227 | $56,025,000 | $246,806 |
| 20-40% | 102 | $9,410,000 | $92,255 |
| Under 20% | 81 | $1,765,000 | $21,790 |
SUMTER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,232 originations, totaling $428,340,000 in origination value.
Market Conditions (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 | $150,000 (-2.6%) | $173,423 (-6.2%) | 0.00 | 455 |
| 2018-02-01 | $156,250 (2.5%) | $175,076 (-1.6%) | 0.00 | 443 |
| 2018-03-01 | $147,900 (-6.4%) | $178,863 (-1.5%) | 0.00 | 408 |
| 2018-04-01 | $156,500 (-3.4%) | $184,136 (-1.0%) | 0.00 | 430 |
| 2018-05-01 | $157,700 (-2.7%) | $184,729 (0.1%) | 0.00 | 434 |
| 2018-06-01 | $160,000 (-2.9%) | $210,577 (13.1%) | 0.00 | 412 |
| 2018-07-01 | $164,900 (1.2%) | $215,024 (16.9%) | 0.00 | 407 |
| 2018-08-01 | $161,750 (1.7%) | $214,179 (19.6%) | 0.00 | 394 |
| 2018-09-01 | $159,900 (1.5%) | $213,837 (20.2%) | 0.00 | 392 |
| 2018-10-01 | $155,900 (-2.2%) | $211,658 (17.9%) | 0.00 | 398 |
| 2018-11-01 | $158,250 (0.8%) | $213,019 (19.7%) | 0.00 | 393 |
| 2018-12-01 | $156,900 (0.3%) | $206,710 (16.7%) | 0.00 | 385 |
| 2019-01-01 | $157,300 (4.9%) | $209,223 (20.6%) | 0.00 | 367 |
| 2019-02-01 | $159,900 (2.3%) | $207,501 (18.5%) | 0.00 | 384 |
| 2019-03-01 | $164,186 (11.0%) | $207,162 (15.8%) | 0.00 | 413 |
| 2019-04-01 | $171,413 (9.5%) | $208,545 (13.3%) | 0.00 | 438 |
| 2019-05-01 | $181,950 (15.4%) | $218,468 (18.3%) | 0.00 | 425 |
| 2019-06-01 | $180,000 (12.5%) | $196,276 (-6.8%) | 0.00 | 390 |
| 2019-07-01 | $179,900 (9.1%) | $194,650 (-9.5%) | 0.00 | 361 |
| 2019-08-01 | $181,643 (12.3%) | $191,729 (-10.5%) | 0.00 | 368 |
| 2019-09-01 | $184,750 (15.5%) | $189,185 (-11.5%) | 0.00 | 372 |
| 2019-10-01 | $181,500 (16.4%) | $202,696 (-4.2%) | 0.00 | 393 |
| 2019-11-01 | $184,900 (16.8%) | $204,941 (-3.8%) | 0.00 | 381 |
| 2019-12-01 | $178,750 (13.9%) | $204,917 (-0.9%) | 0.00 | 350 |
| 2020-01-01 | $185,000 (17.6%) | $211,260 (1.0%) | 0.00 | 311 |
| 2020-02-01 | $185,000 (15.7%) | $216,246 (4.2%) | 0.00 | 293 |
| 2020-03-01 | $183,000 (11.5%) | $216,682 (4.6%) | 0.00 | 284 |
| 2020-04-01 | $181,950 (6.2%) | $219,054 (5.0%) | 0.00 | 291 |
| 2020-05-01 | $178,500 (-1.9%) | $220,168 (0.8%) | 0.00 | 266 |
| 2020-06-01 | $184,000 (2.2%) | $215,011 (9.6%) | 0.00 | 227 |
| 2020-07-01 | $179,500 (-0.2%) | $226,584 (16.4%) | 0.00 | 180 |
| 2020-08-01 | $179,900 (-1.0%) | $238,458 (24.4%) | 0.00 | 152 |
| 2020-09-01 | $177,450 (-4.0%) | $237,181 (25.4%) | 0.00 | 140 |
| 2020-10-01 | $175,900 (-3.1%) | $242,309 (19.5%) | 0.00 | 137 |
| 2020-11-01 | $188,000 (1.7%) | $254,234 (24.1%) | 0.00 | 135 |
| 2020-12-01 | $180,700 (1.1%) | $239,692 (17.0%) | 0.00 | 132 |
| 2021-01-01 | $172,500 (-6.8%) | $229,582 (8.7%) | 0.00 | 122 |
| 2021-02-01 | $167,750 (-9.3%) | $210,161 (-2.8%) | 0.00 | 123 |
| 2021-03-01 | $175,348 (-4.2%) | $221,357 (2.2%) | 0.00 | 113 |
| 2021-04-01 | $178,367 (-2.0%) | $216,576 (-1.1%) | 0.00 | 96 |
| 2021-05-01 | $189,000 (5.9%) | $236,640 (7.5%) | 0.00 | 78 |
| 2021-06-01 | $184,450 (0.2%) | $323,936 (50.7%) | 0.00 | 88 |
| 2021-07-01 | $192,200 (7.1%) | $336,139 (48.4%) | 0.00 | 87 |
| 2021-08-01 | $203,950 (13.4%) | $277,191 (16.2%) | 0.00 | 92 |
| 2021-09-01 | $194,900 (9.8%) | $268,723 (13.3%) | 0.00 | 95 |
| 2021-10-01 | $199,500 (13.4%) | $259,000 (6.9%) | 0.00 | 126 |
| 2021-11-01 | $213,500 (13.6%) | $255,046 (0.3%) | 0.00 | 141 |
| 2021-12-01 | $212,000 (17.3%) | $271,546 (13.3%) | 0.00 | 141 |
| 2022-01-01 | $235,000 (36.2%) | $250,477 (9.1%) | 0.00 | 130 |
| 2022-02-01 | $232,500 (38.6%) | $244,289 (16.2%) | 0.00 | 116 |
| 2022-03-01 | $250,745 (43.0%) | $295,758 (33.6%) | 0.00 | 104 |
| 2022-04-01 | $265,000 (48.6%) | $326,021 (50.5%) | 0.00 | 96 |
SUMTER's median listing price for 2022-04-01 was $265,000, a difference of
$86,633
(48.6%) versus the prior year and
$14,255 versus the prior month.
SUMTER's median listing price comes in at 0% of the national average.
SUMTER's average listing price for 2022-04-01 was $326,021, a difference of $109,445 (50.5%) versus the prior year and $30,263 versus the prior month.
For the 2022-04-01 period, SUMTER had 96 MLS listings, a difference of -8 listings (-8%) versus the prior month and 0 listings (0%) versus the prior year.
SUMTER's median listing price comes in at 0% of the national average.
SUMTER's average listing price for 2022-04-01 was $326,021, a difference of $109,445 (50.5%) versus the prior year and $30,263 versus the prior month.
For the 2022-04-01 period, SUMTER had 96 MLS listings, a difference of -8 listings (-8%) versus the prior month and 0 listings (0%) 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 | 1,876 sqft |
| 2018-02-01 | 0 days | 1,892 sqft |
| 2018-03-01 | 0 days | 1,888 sqft |
| 2018-04-01 | 0 days | 1,919 sqft |
| 2018-05-01 | 0 days | 1,936 sqft |
| 2018-06-01 | 0 days | 1,918 sqft |
| 2018-07-01 | 0 days | 1,946 sqft |
| 2018-08-01 | 0 days | 1,997 sqft |
| 2018-09-01 | 0 days | 1,949 sqft |
| 2018-10-01 | 0 days | 1,904 sqft |
| 2018-11-01 | 0 days | 1,923 sqft |
| 2018-12-01 | 0 days | 1,932 sqft |
| 2019-01-01 | 0 days | 1,917 sqft |
| 2019-02-01 | 0 days | 1,930 sqft |
| 2019-03-01 | 0 days | 1,970 sqft |
| 2019-04-01 | 0 days | 2,002 sqft |
| 2019-05-01 | 0 days | 2,045 sqft |
| 2019-06-01 | 0 days | 2,047 sqft |
| 2019-07-01 | 0 days | 2,024 sqft |
| 2019-08-01 | 0 days | 1,997 sqft |
| 2019-09-01 | 0 days | 2,017 sqft |
| 2019-10-01 | 0 days | 2,002 sqft |
| 2019-11-01 | 0 days | 2,034 sqft |
| 2019-12-01 | 0 days | 1,984 sqft |
| 2020-01-01 | 0 days | 2,019 sqft |
| 2020-02-01 | 0 days | 2,001 sqft |
| 2020-03-01 | 0 days | 2,000 sqft |
| 2020-04-01 | 0 days | 1,980 sqft |
| 2020-05-01 | 0 days | 1,966 sqft |
| 2020-06-01 | 0 days | 1,958 sqft |
| 2020-07-01 | 0 days | 1,931 sqft |
| 2020-08-01 | 0 days | 1,985 sqft |
| 2020-09-01 | 0 days | 1,988 sqft |
| 2020-10-01 | 0 days | 1,988 sqft |
| 2020-11-01 | 0 days | 2,105 sqft |
| 2020-12-01 | 0 days | 1,982 sqft |
| 2021-01-01 | 0 days | 1,925 sqft |
| 2021-02-01 | 0 days | 1,877 sqft |
| 2021-03-01 | 0 days | 1,922 sqft |
| 2021-04-01 | 0 days | 1,914 sqft |
| 2021-05-01 | 0 days | 2,041 sqft |
| 2021-06-01 | 0 days | 1,921 sqft |
| 2021-07-01 | 0 days | 1,945 sqft |
| 2021-08-01 | 0 days | 1,990 sqft |
| 2021-09-01 | 0 days | 1,927 sqft |
| 2021-10-01 | 0 days | 1,961 sqft |
| 2021-11-01 | 0 days | 1,975 sqft |
| 2021-12-01 | 0 days | 1,984 sqft |
| 2022-01-01 | 0 days | 2,059 sqft |
| 2022-02-01 | 0 days | 2,181 sqft |
| 2022-03-01 | 0 days | 2,181 sqft |
| 2022-04-01 | 0 days | 2,186 sqft |
SUMTER's median listing age (time on market) for 2022-04-01 was 0 days.
SUMTER's median square footage for active listings during the 2022-04-01 period was 2,186 sqft. One year prior, the average listing was 1,914 sqft.
SUMTER's median square footage for active listings during the 2022-04-01 period was 2,186 sqft. One year prior, the average listing was 1,914 sqft.
