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 6.87% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.88% and one month ago for the week of 2024-05-30, the average rate was 6.95%.

Sumter's average rate one year ago was 6.73%.

For refis of the same type during the week of 2024-07-03, the average rate was 6.95%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Sumter 30 Year Fixed Rate 2024-07-03 6.87%
Sumter 30 Year Fixed Rate Refi 2024-07-03 6.95%
Sumter 15 Year Fixed Rate 2024-07-03 6.25%
Sumter 15 Year Fixed Rate Refi 2024-07-03 6.25%
Sumter 30 Year FHA 2024-07-03 6.66%
Sumter 30 Year FHA Refi 2024-07-03 6.52%
Sumter 30 Year USDA 2024-07-03 6.74%
Sumter 30 Year USDA Refi 2024-07-03 6.94%
Sumter 30 Year VA 2024-07-03 6.21%
Sumter 30 Year VA Refi 2024-07-03 6.68%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
SAFE FEDERAL CREDIT UNION 104 6.00% $2,869
QUICKEN LOANS, LLC 44 6.83% $6,825
Gateway First Bank 38 6.56% $4,829
RESOURCE FINANCIAL SERVICES, INC. 30 6.94% $4,892
MOVEMENT MORTGAGE, LLC 18 6.75% $5,048
First-Citizens Bank & Trust Company 17 6.57% $3,756
UNITED WHOLESALE MORTGAGE, LLC 12 7.32% $6,789
Trustmark National Bank 12 6.77% $5,677
Wells Fargo Bank 12 6.63% $5,738
FBC MORTGAGE, LLC 11 6.52% $4,336
First Palmetto Bank 10 6.86% $3,917
Synovus Bank 10 6.45% $4,139
GUILD MORTGAGE COMPANY 9 6.92% $6,052
USAA Federal Savings Bank 9 7.10% $4,645
Truist 8 7.13% $4,499
CMG MORTGAGE, INC. 7 6.93% $6,209
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.80% $6,213
JPMorgan Chase Bank 7 7.07% $3,793
PENNYMAC LOAN SERVICES, LLC 6 6.56% $4,054
NAVY FEDERAL CREDIT UNION 6 5.77% $4,564
Ameris Bank 5 7.05% $6,425
21ST MORTGAGE CORPORATION 5 8.49% $6,392
VANDERBILT MORTGAGE AND FINANCE, INC. 5 8.81% $2,671
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.82% $5,548
Renasant Bank 4 6.88% $5,811
LOANDEPOT.COM, LLC 4 6.62% $4,739
Prosperity Home Mortgage, LLC 4 7.31% $4,611
NEWREZ LLC 4 6.75% $4,505
Mortgage Research Center, LLC 4 6.87% $7,644
FIRST HOME MORTGAGE CORPORATION 3 7.29% $5,729
AMERISAVE MORTGAGE CORPORATION 3 6.83% $9,522
First Heritage Mortgage, LLC 3 6.71% $6,275
Bank of America 3 5.67% $5,287
CROSSCOUNTRY MORTGAGE, LLC 3 7.00% $6,105
GSF Mortgage Corporation 3 6.88% $4,433
GUARANTEED RATE AFFINITY, LLC 3 6.87% $5,225
U.S. Bank 3 6.50% $2,666
GUARANTEED RATE, INC. 3 7.03% $7,172
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 6.66% $6,684
Northpointe Bank 2 7.13% $7,299
Assurance Financial Group, L.L.C. 2 7.31% $3,893
SOUTH CAROLINA FEDERAL CREDIT UNION 2 6.44% $4,806
Nations Lending Corporation 2 6.63% $6,577
REV FEDERAL CREDIT UNION 2 6.43% $6,573
BROKER SOLUTIONS, INC. 2 6.81% $5,045
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.31% $3,360
Princeton Mortgage Corporation 2 7.19% $5,049
LIBERTY HOME MORTGAGE CORPORATION 2 7.63% $1,791
PLAZA HOME MORTGAGE, INC. 2 7.00% $7,500
DEVELOPER'S MORTGAGE COMPANY 2 6.56% $4,483
DHI MORTGAGE COMPANY, LTD. 2 6.19% $2,543
NBKC BANK 2 7.38% $2,757
United Bank 2 6.69% $4,351
ALLSOUTH 2 6.44% $0
UNION HOME MORTGAGE CORP. 2 8.00% $9,047
South State Bank 2 6.25% $7,069
ZILLOW HOME LOANS, LLC 1 6.25% $5,818
Ally Bank 1 8.13% $2,209
AMERICAN FINANCIAL NETWORK, INC. 1 6.13% $3,634
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.00% $5,630
Anderson Brothers Bank 1 6.88% $3,907
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.63% $10,364
Atlantic Coast Mortgage, LLC 1 7.50% $6,042
AXIA FINANCIAL, LLC 1 7.50% $3,909
CARDINAL FINANCIAL 1 6.63% $17,746
CAROLINA ONE MORTGAGE, LLC 1 7.50% $4,039
Century Mortgage Company DBA Century Lending Company 1 8.00% $4,881
C & F Mortgage Corporation 1 7.00% $12,161
Citadel Servicing Corporation 1 10.25% $12,957
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.13% $12,458
DEL-ONE FEDERAL CREDIT UNION 1 7.38% $5,764
EASTMAN 1 5.13% $3,259
EVERETT FINANCIAL, INC. 1 8.63% $7,345
Fifth Third Bank 1 5.99% $2,707
FIRST COLONY MORTGAGE CORPORATION 1 8.00% $8,765
First National Bank of Pennsylvania 1 6.13% $3,987
First Savings Bank 1 8.13% $11,949
FOUNDERS FEDERAL CREDIT UNION 1 6.63% $2,219
FREEDOM MORTGAGE CORPORATION 1 6.88% $6,372
HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.63% $3,408
LOCAL GOVERNMENT FEDERAL CREDIT UNION 1 7.25% $5,006
Magnolia Bank 1 7.00% $8,432
Mortgage Assurance Inc. 1 5.63% $7,037
Mr. Cooper ( Nationstar Mortgage ) 1 5.88% $6,680
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $6,835
NJ LENDERS CORP. 1 5.88% $8,416
PENTAGON FEDERAL CREDIT UNION 1 6.88% $5,539
RANLIFE, INC. 1 7.63% $5,358
Regions Bank 1 7.63% $4,307
RELIANCE FIRST CAPITAL, LLC 1 7.50% $5,090
SIRVA MORTGAGE, INC. 1 6.50% $0
STOCKTON MORTGAGE CORPORATION 1 8.13% $5,136
SWBC MORTGAGE CORPORATION 1 6.88% $3,838
TD Bank 1 5.13% $4,114
The Federal Savings Bank 1 7.63% $6,624
The Huntington National Bank 1 7.38% $4,582
THRIVE MORTGAGE, LLC 1 5.00% $6,354
TOWNE MORTGAGE COMPANY 1 6.38% $3,652
United Community Bank 1 6.25% $4,133
UTILITIES EMPLOYEES CREDIT UNION 1 6.63% $3,711
WesBanco 1 6.25% $7,806
Wilmington Savings Fund Society, FSB 1 6.13% $5,364

SUMTER Average Closing Costs & Other Stats

SUMTER, SC's 102 lenders originated 2,335 loans during 2023. The total origination value was $473,565,000, with an average loan value of $202,812.

SUMTER's average closing costs are $5,259.

The top SUMTER lender as defined by loan originations is SAFE FEDERAL CREDIT UNION, with 104 loans originated. Their average total fees are $2,869, which is $3,957 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee SUMTER lenders (with over 10 loans originated) are SAFE FEDERAL CREDIT UNION ($2,869), First-Citizens Bank & Trust Company ($3,756), First Palmetto Bank ($3,917), Synovus Bank ($4,139) and FBC MORTGAGE, LLC ($4,336).

The lowest rate SUMTER lenders (with over 10 loans originated) are SAFE FEDERAL CREDIT UNION (6.00%), Synovus Bank (6.45%), FBC MORTGAGE, LLC (6.52%), Gateway First Bank (6.56%) and First-Citizens Bank & Trust Company (6.57%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
SAFE FEDERAL CREDIT UNION $40,435,000 $33,415,000 -17.4% 7.1%
FBC MORTGAGE, LLC $7,950,000 $32,250,000 305.7% 6.8%
Mortgage Research Center, LLC $36,835,000 $26,220,000 -28.8% 5.5%
QUICKEN LOANS, LLC $29,365,000 $22,700,000 -22.7% 4.8%
Gateway First Bank $28,655,000 $19,980,000 -30.3% 4.2%
MOVEMENT MORTGAGE, LLC $28,600,000 $17,485,000 -38.9% 3.7%
RESOURCE FINANCIAL SERVICES, INC. $25,055,000 $17,280,000 -31.0% 3.6%
Trustmark National Bank $20,070,000 $15,600,000 -22.3% 3.3%
UNITED WHOLESALE MORTGAGE, LLC $15,600,000 $15,590,000 -0.1% 3.3%
TD Bank $295,000 $14,945,000 4,966.1% 3.2%
First-Citizens Bank & Trust Company $9,895,000 $10,805,000 9.2% 2.3%
NAVY FEDERAL CREDIT UNION $10,380,000 $9,235,000 -11.0% 2.0%
GUARANTEED RATE AFFINITY, LLC $15,710,000 $8,620,000 -45.1% 1.8%
USAA Federal Savings Bank $9,285,000 $7,585,000 -18.3% 1.6%
GUILD MORTGAGE COMPANY $16,270,000 $7,150,000 -56.1% 1.5%
Synovus Bank $11,355,000 $7,145,000 -37.1% 1.5%
Ameris Bank $7,550,000 $6,800,000 -9.9% 1.4%
BANK OF CLARENDON $6,605,000 n/a 1.4%
WALKER & DUNLOP, LLC $6,485,000 n/a 1.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $7,015,000 $6,320,000 -9.9% 1.3%
GUARANTEED RATE, INC. $4,815,000 $6,295,000 30.7% 1.3%
21ST MORTGAGE CORPORATION $6,155,000 $5,200,000 -15.5% 1.1%
CROSSCOUNTRY MORTGAGE, LLC $4,040,000 $5,095,000 26.1% 1.1%
The Citizens Bank $3,515,000 $4,595,000 30.7% 1.0%
FREEDOM MORTGAGE CORPORATION $10,405,000 $4,545,000 -56.3% 1.0%
Wells Fargo Bank $5,260,000 $4,470,000 -15.0% 0.9%
PENNYMAC LOAN SERVICES, LLC $11,015,000 $4,335,000 -60.6% 0.9%
LOANDEPOT.COM, LLC $9,380,000 $4,045,000 -56.9% 0.9%
DHI MORTGAGE COMPANY, LTD. $3,855,000 n/a 0.8%
CMG MORTGAGE, INC. $1,940,000 $3,355,000 72.9% 0.7%
First Heritage Mortgage, LLC $3,245,000 n/a 0.7%
GREENVILLE FEDERAL CREDIT UNION $3,175,000 n/a 0.7%
NEWREZ LLC $2,310,000 $3,135,000 35.7% 0.7%
THRIVE MORTGAGE, LLC $460,000 $3,010,000 554.3% 0.6%
Truist $6,565,000 $2,915,000 -55.6% 0.6%
AMERISAVE MORTGAGE CORPORATION $5,600,000 $2,845,000 -49.2% 0.6%
CARDINAL FINANCIAL $3,780,000 $2,665,000 -29.5% 0.6%
BROKER SOLUTIONS, INC. $4,615,000 $2,615,000 -43.3% 0.6%
First Palmetto Bank $2,725,000 $2,375,000 -12.8% 0.5%
Carolina Bank & Trust $195,000 $2,295,000 1,076.9% 0.5%
Bank of America $1,625,000 $2,210,000 36.0% 0.5%
First Merchants Bank $2,205,000 n/a 0.5%
LIMA ONE CAPITAL, LLC $4,635,000 $2,150,000 -53.6% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,410,000 $2,145,000 -11.0% 0.5%
Equity Prime Mortgage LLC $1,365,000 $2,140,000 56.8% 0.5%
Carrington Mortgage Services, LLC $3,070,000 $2,125,000 -30.8% 0.4%
NTFN, INC. $955,000 $2,065,000 116.2% 0.4%
Carter Bank & Trust $15,005,000 $2,005,000 -86.6% 0.4%
Renasant Bank $1,300,000 $1,970,000 51.5% 0.4%
GSF Mortgage Corporation $155,000 $1,945,000 1,154.8% 0.4%
SOUTHWEST STAGE FUNDING, LLC $735,000 $1,895,000 157.8% 0.4%
NEW DAY FINANCIAL, LLC $2,070,000 $1,835,000 -11.4% 0.4%
PENTAGON FEDERAL CREDIT UNION $2,560,000 $1,770,000 -30.9% 0.4%
First Federal Bank $1,065,000 $1,715,000 61.0% 0.4%
South State Bank $4,565,000 $1,680,000 -63.2% 0.4%
Assurance Financial Group, L.L.C. $1,620,000 $1,650,000 1.9% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,900,000 $1,635,000 -43.6% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $5,460,000 $1,470,000 -73.1% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,865,000 $1,445,000 -22.5% 0.3%
Blue Ridge Bank $1,420,000 n/a 0.3%
Prosperity Home Mortgage, LLC $1,820,000 $1,415,000 -22.3% 0.3%
PLAZA HOME MORTGAGE, INC. $1,035,000 $1,320,000 27.5% 0.3%
ArborOne, ACA $1,300,000 n/a 0.3%
DELMAR FINANCIAL COMPANY $1,290,000 n/a 0.3%
Paramount Residential Mortgage Group, Inc. $1,940,000 $1,265,000 -34.8% 0.3%
NBKC BANK $1,265,000 $1,180,000 -6.7% 0.2%
Flagstar Bank, FSB $745,000 $1,155,000 55.0% 0.2%
CAROLINA ONE MORTGAGE, LLC $1,155,000 $1,135,000 -1.7% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $860,000 $1,120,000 30.2% 0.2%
JPMorgan Chase Bank $2,265,000 $1,110,000 -51.0% 0.2%
UNION HOME MORTGAGE CORP. $1,050,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $1,595,000 $1,030,000 -35.4% 0.2%
BRIGHTSTAR $995,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $2,695,000 $960,000 -64.4% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $445,000 $955,000 114.6% 0.2%
M&T Bank $115,000 $940,000 717.4% 0.2%
SOVEREIGN LENDING GROUP INCORPORATED $340,000 $925,000 172.1% 0.2%
U.S. Bank $1,045,000 $905,000 -13.4% 0.2%
CLEARPATH LENDING $1,630,000 $890,000 -45.4% 0.2%
Palmetto Citizens Federal Credit Union $545,000 $850,000 56.0% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $790,000 $830,000 5.1% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $335,000 $800,000 138.8% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,900,000 $770,000 -73.4% 0.2%
Anderson Brothers Bank $655,000 $765,000 16.8% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $365,000 $755,000 106.8% 0.2%
BAY EQUITY LLC $715,000 n/a 0.2%
Plains Commerce Bank $185,000 $700,000 278.4% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $675,000 n/a 0.1%
Princeton Mortgage Corporation $520,000 $675,000 29.8% 0.1%
Nations Lending Corporation $1,125,000 $670,000 -40.4% 0.1%
Northpointe Bank $365,000 $660,000 80.8% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $365,000 $650,000 78.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $290,000 $650,000 124.1% 0.1%
AgFirst Farm Credit Bank $430,000 $630,000 46.5% 0.1%
REV FEDERAL CREDIT UNION $630,000 n/a 0.1%
ALLSOUTH $995,000 $625,000 -37.2% 0.1%
INTERCOASTAL MORTGAGE COMPANY $1,455,000 $620,000 -57.4% 0.1%
LOANPAL, LLC $475,000 $615,000 29.5% 0.1%
Mid-Continent Funding, Inc. $520,000 $600,000 15.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $960,000 $595,000 -38.0% 0.1%
1ST SIGNATURE LENDING, LLC $185,000 $575,000 210.8% 0.1%
Lakeview Community Capital, LLC $805,000 $565,000 -29.8% 0.1%
PHH Mortgage Corporation $270,000 $540,000 100.0% 0.1%
Regions Bank $1,115,000 $525,000 -52.9% 0.1%
MILEND, INC. $515,000 n/a 0.1%
FIRST HOME MORTGAGE CORPORATION $675,000 $485,000 -28.1% 0.1%
TRIAD FINANCIAL SERVICES, INC. $365,000 $485,000 32.9% 0.1%
SWBC MORTGAGE CORPORATION $475,000 n/a 0.1%
Fifth Third Bank $525,000 $460,000 -12.4% 0.1%
United Bank $1,170,000 $460,000 -60.7% 0.1%
LENDINGHOME FUNDING CORPORATION $1,080,000 $455,000 -57.9% 0.1%
United Community Bank $300,000 $455,000 51.7% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,050,000 $440,000 -58.1% 0.1%
Magnolia Bank $1,740,000 $440,000 -74.7% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $795,000 $430,000 -45.9% 0.1%
Century Mortgage Company DBA Century Lending Company $420,000 n/a 0.1%
Pinnacle Bank $355,000 $420,000 18.3% 0.1%
Enterprise Bank of South Carolina $215,000 $415,000 93.0% 0.1%
Commerce Home Mortgage, Inc. $400,000 n/a 0.1%
SOUTH CAROLINA FEDERAL CREDIT UNION $545,000 $400,000 -26.6% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $390,000 n/a 0.1%
Aurora Financial, LLC $385,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $1,385,000 $385,000 -72.2% 0.1%
Discover Bank $105,000 $370,000 252.4% 0.1%
S. C. STATE FEDERAL CREDIT UNION $410,000 $370,000 -9.8% 0.1%
Secured Investment Corp. $355,000 $365,000 2.8% 0.1%
First National Bank of Pennsylvania $160,000 $335,000 109.4% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $610,000 $320,000 -47.5% 0.1%
HOMEXPRESS MORTGAGE CORP. $320,000 n/a 0.1%
C & F Mortgage Corporation $175,000 $315,000 80.0% 0.1%
Armed Forces Bank $1,830,000 $295,000 -83.9% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $295,000 n/a 0.1%
Mortgage Assurance Inc. $295,000 n/a 0.1%
T2 FINANCIAL LLC $215,000 $295,000 37.2% 0.1%
FOUNDERS FEDERAL CREDIT UNION $330,000 $290,000 -12.1% 0.1%
FIDELITY DIRECT MORTGAGE, LLC $285,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $95,000 $285,000 200.0% 0.1%
The Federal Savings Bank $1,925,000 $285,000 -85.2% 0.1%
Towne Bank $205,000 $285,000 39.0% 0.1%
Citizens Bank $805,000 $280,000 -65.2% 0.1%
PNC Bank $740,000 $280,000 -62.2% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $115,000 $275,000 139.1% 0.1%
First Savings Bank $275,000 n/a 0.1%
South Atlantic Bank $275,000 n/a 0.1%
UTILITIES EMPLOYEES CREDIT UNION $275,000 n/a 0.1%
First Western Trust Bank $265,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $405,000 $260,000 -35.8% 0.1%
First Reliance Bank $1,235,000 $260,000 -78.9% 0.1%
Neighborhood Loans, Inc. $255,000 n/a 0.1%
PLANET HOME LENDING, LLC $1,125,000 $255,000 -77.3% 0.1%
Citadel Servicing Corporation $245,000 n/a 0.1%
MORTGAGEONE, INC. $245,000 n/a 0.1%
FIRST MORTGAGE COMPANY, INC. $240,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $235,000 n/a 0.0%
EVERETT FINANCIAL, INC. $450,000 $235,000 -47.8% 0.0%
First Bank $2,755,000 $235,000 -91.5% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $235,000 n/a 0.0%
SIRVA MORTGAGE, INC. $235,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $85,000 $230,000 170.6% 0.0%
HOWARD HANNA FINANCIAL SERVICES, INC. $225,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $1,360,000 $225,000 -83.5% 0.0%
NJ LENDERS CORP. $225,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $220,000 n/a 0.0%
DEL-ONE FEDERAL CREDIT UNION $215,000 n/a 0.0%
SPRING EQ, LLC $65,000 $210,000 223.1% 0.0%
HOMESIDE FINANCIAL, LLC $1,215,000 $195,000 -84.0% 0.0%
AMERICAN HERITAGE LENDING, INC. $105,000 $190,000 81.0% 0.0%
EASTMAN $185,000 n/a 0.0%
MASON MCDUFFIE MORTGAGE CORPORATION $185,000 n/a 0.0%
Citibank $305,000 $180,000 -41.0% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $410,000 $175,000 -57.3% 0.0%
SUMMIT FUNDING, INC. $525,000 $175,000 -66.7% 0.0%
Boeing Employees Credit Union $170,000 n/a 0.0%
DEVELOPER'S MORTGAGE COMPANY $170,000 n/a 0.0%
FIRST COLONY MORTGAGE CORPORATION $165,000 n/a 0.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $165,000 n/a 0.0%
North American Savings Bank, F.S.B. $880,000 $165,000 -81.3% 0.0%
The Huntington National Bank $165,000 n/a 0.0%
Wilmington Savings Fund Society, FSB $165,000 n/a 0.0%
First Community Bank $195,000 $160,000 -17.9% 0.0%
Alcova Mortgage LLC $280,000 $155,000 -44.6% 0.0%
Atlantic Coast Mortgage, LLC $85,000 $155,000 82.4% 0.0%
CNB Bank $1,460,000 $155,000 -89.4% 0.0%
LONGBRIDGE FINANCIAL, LLC $155,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $155,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $615,000 $150,000 -75.6% 0.0%
LEADERONE FINANCIAL CORPORATION $505,000 $145,000 -71.3% 0.0%
RANLIFE, INC. $145,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $410,000 $145,000 -64.6% 0.0%
Figure Lending LLC $140,000 n/a 0.0%
AXIA FINANCIAL, LLC $135,000 n/a 0.0%
BETTER MORTGAGE CORPORATION $945,000 $135,000 -85.7% 0.0%
WesBanco $135,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $445,000 $125,000 -71.9% 0.0%
CALIBER HOME LOANS, INC. $2,765,000 $115,000 -95.8% 0.0%
FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.0%
SILVER HILL FUNDING, LLC $115,000 n/a 0.0%
STOCKTON MORTGAGE CORPORATION $105,000 $115,000 9.5% 0.0%
Sunflower Bank $700,000 $115,000 -83.6% 0.0%
Arthur State Bank $105,000 n/a 0.0%
TOWER $105,000 n/a 0.0%
Morris Bank $85,000 n/a 0.0%
Ally Bank $175,000 $75,000 -57.1% 0.0%
CONSTRUCTIVE LOANS, LLC $75,000 n/a 0.0%
The Poca Valley Bank, Inc. $75,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $320,000 $65,000 -79.7% 0.0%
STATE EMPLOYEES' $185,000 $65,000 -64.9% 0.0%
Dedicated Community Bank $55,000 n/a 0.0%
Service Federal Credit Union $585,000 $55,000 -90.6% 0.0%

SUMTER's top lender by overall market share is SAFE FEDERAL CREDIT UNION, with 7.1% market share. In second place, with 6.8%, is FBC MORTGAGE, LLC, having originated $32,250,000 in loans. In third place, with 5.5%, is Mortgage Research Center, LLC, having originated $26,220,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $22,700,000 in loans. In fifth place, with 4.2%, is Gateway First Bank, having originated $19,980,000 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 $159,995 (-0.7%) $183,810 (-3.3%) 0.00 603
2018-02-01 $165,850 (3.7%) $186,713 (-0.8%) 0.00 588
2018-03-01 $163,900 (-0.6%) $188,786 (0.0%) 0.00 553
2018-04-01 $168,000 (0.8%) $194,416 (1.9%) 0.00 573
2018-05-01 $169,650 (2.8%) $196,130 (2.9%) 0.00 570
2018-06-01 $172,000 (4.0%) $199,104 (4.5%) 0.00 552
2018-07-01 $173,825 (4.1%) $205,484 (8.2%) 0.00 549
2018-08-01 $169,900 (3.0%) $204,259 (8.0%) 0.00 541
2018-09-01 $166,928 (1.2%) $200,399 (7.4%) 0.00 533
2018-10-01 $159,900 (-3.1%) $198,562 (5.5%) 0.00 540
2018-11-01 $164,900 (0.0%) $199,647 (6.6%) 0.00 528
2018-12-01 $167,000 (1.4%) $196,015 (6.8%) 0.00 514
2019-01-01 $167,425 (4.6%) $196,394 (6.9%) 0.00 478
2019-02-01 $169,925 (2.5%) $196,863 (5.4%) 0.00 501
2019-03-01 $179,605 (9.6%) $197,913 (4.8%) 0.00 544
2019-04-01 $184,600 (9.9%) $201,985 (3.9%) 0.00 580
2019-05-01 $189,500 (11.7%) $208,114 (6.1%) 0.00 569
2019-06-01 $193,620 (12.6%) $211,001 (6.0%) 0.00 532
2019-07-01 $189,450 (9.0%) $207,072 (0.8%) 0.00 502
2019-08-01 $186,409 (9.7%) $204,662 (0.2%) 0.00 509
2019-09-01 $187,023 (12.0%) $202,759 (1.2%) 0.00 508
2019-10-01 $187,432 (17.2%) $201,755 (1.6%) 0.00 504
2019-11-01 $188,500 (14.3%) $204,352 (2.4%) 0.00 486
2019-12-01 $186,750 (11.8%) $204,508 (4.3%) 0.00 457
2020-01-01 $194,652 (16.3%) $209,936 (6.9%) 0.00 411
2020-02-01 $199,000 (17.1%) $212,513 (8.0%) 0.00 398
2020-03-01 $194,977 (8.6%) $210,051 (6.1%) 0.00 390
2020-04-01 $194,529 (5.4%) $212,665 (5.3%) 0.00 392
2020-05-01 $190,000 (0.3%) $209,731 (0.8%) 0.00 360
2020-06-01 $189,500 (-2.1%) $209,590 (-0.7%) 0.00 319
2020-07-01 $189,500 (0.0%) $223,987 (8.2%) 0.00 275
2020-08-01 $190,450 (2.2%) $230,373 (12.6%) 0.00 243
2020-09-01 $189,750 (1.5%) $240,752 (18.7%) 0.00 226
2020-10-01 $191,400 (2.1%) $244,572 (21.2%) 0.00 215
2020-11-01 $200,547 (6.4%) $246,144 (20.5%) 0.00 209
2020-12-01 $188,250 (0.8%) $233,015 (13.9%) 0.00 202
2021-01-01 $185,000 (-5.0%) $225,825 (7.6%) 0.00 188
2021-02-01 $180,950 (-9.1%) $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 (-2.5%) $236,778 (11.3%) 0.00 154
2021-05-01 $199,000 (4.7%) $249,865 (19.1%) 0.00 121
2021-06-01 $189,950 (0.2%) $319,567 (52.5%) 0.00 129
2021-07-01 $194,950 (2.9%) $316,701 (41.4%) 0.00 137
2021-08-01 $212,200 (11.4%) $285,193 (23.8%) 0.00 131
2021-09-01 $207,000 (9.1%) $283,530 (17.8%) 0.00 138
2021-10-01 $200,000 (4.5%) $276,007 (12.9%) 0.00 156
2021-11-01 $223,500 (11.5%) $268,221 (9.0%) 0.00 178
2021-12-01 $219,700 (16.7%) $277,226 (19.0%) 0.00 176
2022-01-01 $249,900 (35.1%) $267,297 (18.4%) 0.00 168
2022-02-01 $254,739 (40.8%) $257,405 (16.2%) 0.00 152
2022-03-01 $261,641 (41.5%) $299,092 (27.4%) 0.00 140
2022-04-01 $270,170 (42.4%) $317,582 (34.1%) 0.00 131
2022-05-01 $269,000 (35.2%) $305,962 (22.5%) 0.00 178
2022-06-01 $269,450 (41.9%) $283,717 (-11.2%) 0.00 228
2022-07-01 $279,900 (43.6%) $292,771 (-7.6%) 0.00 254
2022-08-01 $289,700 (36.5%) $301,875 (5.9%) 0.00 331
2022-09-01 $285,163 (37.8%) $299,225 (5.5%) 0.00 364
2022-10-01 $284,563 (42.3%) $296,899 (7.6%) 0.00 375
2022-11-01 $284,111 (27.1%) $293,014 (9.2%) 0.00 388
2022-12-01 $275,000 (25.2%) $286,972 (3.5%) 0.00 399
2023-01-01 $284,573 (13.9%) $286,727 (7.3%) 0.00 396
2023-02-01 $293,249 (15.1%) $300,482 (16.7%) 0.00 394
2023-03-01 $293,105 (12.0%) $299,633 (0.2%) 0.00 360
2023-04-01 $285,000 (5.5%) $296,911 (-6.5%) 0.00 365
2023-05-01 $279,900 (4.1%) $291,776 (-4.6%) 0.00 338
2023-06-01 $282,948 (5.0%) $302,031 (6.5%) 0.00 348
2023-07-01 $285,000 (1.8%) $308,034 (5.2%) 0.00 331
2023-08-01 $285,950 (-1.3%) $312,511 (3.5%) 0.00 314
2023-09-01 $290,000 (1.7%) $312,036 (4.3%) 0.00 355
2023-10-01 $286,225 (0.6%) $311,290 (4.9%) 0.00 375
2023-11-01 $279,900 (-1.5%) $305,677 (4.3%) 0.00 410
2023-12-01 $287,257 (4.5%) $315,669 (10.0%) 0.00 383
2024-01-01 $290,000 (1.9%) $308,085 (7.5%) 0.00 387
2024-02-01 $287,000 (-2.1%) $305,916 (1.8%) 0.00 388
2024-03-01 $298,500 (1.8%) $315,273 (5.2%) 0.00 366
2024-04-01 $296,750 (4.1%) $324,675 (9.4%) 0.00 335
2024-05-01 $287,673 (2.8%) $317,602 (8.9%) 0.00 346
2024-06-01 $269,000 (-4.9%) $308,286 (2.1%) 0.00 373
SUMTER's median listing price for 2024-06-01 was $269,000, a difference of $-13,948 (-4.9%) versus the prior year and $-18,673 versus the prior month.

SUMTER's median listing price comes in at 0% of the national average.

SUMTER's average listing price for 2024-06-01 was $308,286, a difference of $6,255 (2.1%) versus the prior year and $-9,316 versus the prior month.

For the 2024-06-01 period, SUMTER had 373 MLS listings, a difference of 27 listings (8%) versus the prior month and 25 listings (7%) 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 1,906 sqft
2018-02-01 0 days 1,910 sqft
2018-03-01 0 days 1,908 sqft
2018-04-01 0 days 1,918 sqft
2018-05-01 0 days 1,929 sqft
2018-06-01 0 days 1,918 sqft
2018-07-01 0 days 1,924 sqft
2018-08-01 0 days 1,915 sqft
2018-09-01 0 days 1,889 sqft
2018-10-01 0 days 1,857 sqft
2018-11-01 0 days 1,900 sqft
2018-12-01 0 days 1,905 sqft
2019-01-01 0 days 1,908 sqft
2019-02-01 0 days 1,910 sqft
2019-03-01 0 days 1,945 sqft
2019-04-01 0 days 1,961 sqft
2019-05-01 0 days 1,990 sqft
2019-06-01 0 days 2,003 sqft
2019-07-01 0 days 1,954 sqft
2019-08-01 0 days 1,942 sqft
2019-09-01 0 days 1,953 sqft
2019-10-01 0 days 1,965 sqft
2019-11-01 0 days 1,992 sqft
2019-12-01 0 days 1,940 sqft
2020-01-01 0 days 1,981 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 1,871 sqft
2020-07-01 0 days 1,877 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 1,984 sqft
2020-12-01 0 days 1,922 sqft
2021-01-01 0 days 1,871 sqft
2021-02-01 0 days 1,862 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 1,921 sqft
2021-07-01 0 days 1,873 sqft
2021-08-01 0 days 1,967 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 2,034 sqft
2022-05-01 0 days 2,048 sqft
2022-06-01 0 days 2,003 sqft
2022-07-01 0 days 2,031 sqft
2022-08-01 0 days 2,068 sqft
2022-09-01 0 days 2,035 sqft
2022-10-01 0 days 2,026 sqft
2022-11-01 0 days 2,026 sqft
2022-12-01 0 days 2,035 sqft
2023-01-01 0 days 2,039 sqft
2023-02-01 0 days 2,086 sqft
2023-03-01 0 days 2,071 sqft
2023-04-01 0 days 2,071 sqft
2023-05-01 0 days 2,008 sqft
2023-06-01 0 days 2,006 sqft
2023-07-01 0 days 2,050 sqft
2023-08-01 0 days 1,977 sqft
2023-09-01 0 days 2,004 sqft
2023-10-01 0 days 1,983 sqft
2023-11-01 0 days 1,936 sqft
2023-12-01 0 days 1,988 sqft
2024-01-01 0 days 2,015 sqft
2024-02-01 0 days 2,019 sqft
2024-03-01 0 days 2,072 sqft
2024-04-01 0 days 2,076 sqft
2024-05-01 0 days 1,931 sqft
2024-06-01 0 days 1,863 sqft
SUMTER's median listing age (time on market) for 2024-06-01 was 0 days.

SUMTER's median square footage for active listings during the 2024-06-01 period was 1,863 sqft. One year prior, the average listing was 2,006 sqft.

SUMTER, SC Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
29001 Sumter, SC HUD Metro FMR Area $590 $630 $780 $970 $1,150
29040 Sumter, SC HUD Metro FMR Area $570 $690 $850 $1,030 $1,160
29051 Sumter, SC HUD Metro FMR Area $600 $650 $840 $1,020 $1,200
29062 Sumter, SC HUD Metro FMR Area $620 $720 $860 $1,070 $1,230
29080 Sumter, SC HUD Metro FMR Area $540 $640 $780 $970 $1,080
29102 Sumter, SC HUD Metro FMR Area $630 $640 $840 $1,030 $1,250
29104 Sumter, SC HUD Metro FMR Area $620 $750 $920 $1,120 $1,260
29114 Sumter, SC HUD Metro FMR Area $750 $810 $1,030 $1,280 $1,390
29125 Sumter, SC HUD Metro FMR Area $770 $870 $1,090 $1,340 $1,550
29128 Sumter, SC HUD Metro FMR Area $590 $690 $840 $1,030 $1,180
29150 Sumter, SC HUD Metro FMR Area $680 $830 $1,010 $1,230 $1,380
29151 Sumter, SC HUD Metro FMR Area $660 $800 $980 $1,190 $1,340
29152 Sumter, SC HUD Metro FMR Area $920 $1,120 $1,370 $1,670 $1,870
29153 Sumter, SC HUD Metro FMR Area $710 $870 $1,060 $1,290 $1,450
29154 Sumter, SC HUD Metro FMR Area $680 $830 $1,010 $1,230 $1,380
29162 Sumter, SC HUD Metro FMR Area $620 $630 $820 $1,000 $1,220
29168 Sumter, SC HUD Metro FMR Area $680 $830 $1,010 $1,230 $1,380

2022 Average & Median Rent Data Statistics
SUMTER, SC average 1BR rent: $765, median: $750
SUMTER, SC average 2BR rent: $946, median: $920
SUMTER, SC average 3BR rent: $1,159, median: $1,120

SUMTER, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,680 $376,030,000 $223,827
Cash Out Refi 310 $49,870,000 $160,871
Refi 123 $27,655,000 $224,837
Home Improvement 121 $8,665,000 $71,612
Other 101 $11,345,000 $112,327

Sumter's most frequently cited loan purpose was Home Purchase, with 1,680 originations. The 2nd most popular reason was Cash Out Refi, with 310 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 870 $194,360,000 $223,402
7-8% 453 $86,505,000 $190,960
5-6% 436 $112,310,000 $257,592
Over 8% 281 $34,235,000 $121,833
4-5% 94 $23,750,000 $252,660
<2.5% 42 $1,510,000 $35,952
3-4% 14 $1,940,000 $138,571
2.5-3% 2 $500,000 $250,000

During 2023, Sumter's most frequently originated rate bucket was 6-7%, with 870 originations.

Loan Sizing (SUMTER, SC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 895 $238,545,000 $266,531
$100k-200k 813 $122,785,000 $151,027
$100,000 or less 526 $29,150,000 $55,418
$400k-600k 77 $36,435,000 $473,182
$600k-1000k 15 $11,065,000 $737,667
$Over $1MM 9 $35,585,000 $3,953,889

SUMTER's loan sizing saw the bucket of loans from $200k-400k with 895 originations, totaling $238,545,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,224 $272,280,000 $222,451
60-80% 352 $85,870,000 $243,949
Over 100% 195 $54,615,000 $280,077
40-60% 148 $25,690,000 $173,581
20-40% 141 $11,155,000 $79,113
Under 20% 128 $3,790,000 $29,609

SUMTER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,224 originations, totaling $272,280,000 in origination value.