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 6.41% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.28% and one month ago for the week of 2024-01-11, the average rate was 6.6%.

Sumter's average rate one year ago was 6.06%.

For refis of the same type during the week of 2024-02-15, the average rate was 6.75%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Sumter 30 Year Fixed Rate 2024-02-15 6.41%
Sumter 30 Year Fixed Rate Refi 2024-02-15 6.75%
Sumter 15 Year Fixed Rate 2024-02-15 6.22%
Sumter 15 Year Fixed Rate Refi 2024-02-15 6.62%
Sumter 30 Year FHA 2024-02-15 6.07%
Sumter 30 Year FHA Refi 2024-02-15 6.81%
Sumter 30 Year USDA 2024-02-15 6.69%
Sumter 30 Year USDA Refi 2024-02-15 6.89%
Sumter 30 Year VA 2024-02-15 6.28%
Sumter 30 Year VA Refi 2024-02-15 6.36%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 60 5.08% $5,782
Gateway First Bank 45 4.87% $4,298
MOVEMENT MORTGAGE, LLC 41 5.04% $4,023
RESOURCE FINANCIAL SERVICES, INC. 30 5.01% $5,249
GUILD MORTGAGE COMPANY 25 5.11% $4,881
LOANDEPOT.COM, LLC 20 4.79% $4,913
Wells Fargo Bank 17 5.04% $4,136
Synovus Bank 16 4.98% $4,206
Trustmark National Bank 15 5.13% $4,422
PENNYMAC LOAN SERVICES, LLC 14 4.82% $6,646
First-Citizens Bank & Trust Company 13 4.59% $4,235
FINANCE OF AMERICA MORTGAGE LLC 10 5.21% $7,309
Truist 9 5.52% $5,167
VANDERBILT MORTGAGE AND FINANCE, INC. 9 6.77% $2,575
Ameris Bank 9 4.82% $4,535
NAVY FEDERAL CREDIT UNION 9 5.89% $3,351
AMERISAVE MORTGAGE CORPORATION 9 5.83% $8,986
Bank of America 8 2.80% $3,784
UNITED WHOLESALE MORTGAGE, LLC 8 5.30% $4,469
Mortgage Research Center, LLC 7 4.32% $4,590
FREEDOM MORTGAGE CORPORATION 7 4.82% $5,922
Mr. Cooper ( Nationstar Mortgage ) 7 4.82% $6,841
South State Bank 6 4.77% $4,819
Prosperity Home Mortgage, LLC 6 5.06% $3,890
KeyBank 6 4.17% $3,814
GUARANTEED RATE AFFINITY, LLC 6 4.26% $4,328
CARDINAL FINANCIAL 6 5.83% $6,531
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 5.62% $5,148
NEWREZ LLC 5 4.85% $5,180
BROKER SOLUTIONS, INC. 5 6.00% $7,086
FBC MORTGAGE, LLC 5 6.87% $4,724
First Palmetto Bank 5 5.20% $3,895
GUARANTEED RATE, INC. 5 4.30% $5,116
JPMorgan Chase Bank 5 5.10% $4,232
SUCCESS MORTGAGE PARTNERS, INC. 5 5.37% $4,974
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.13% $5,529
U.S. Bank 4 5.59% $4,330
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 6.03% $5,371
Citizens Bank 3 5.17% $3,448
First Reliance Bank 3 5.29% $4,731
American Security Mortgage Corp. 3 5.21% $7,230
LAKEVIEW LOAN SERVICING, LLC 3 5.54% $4,129
CAROLINA ONE MORTGAGE, LLC 3 5.63% $6,112
HOMESIDE FINANCIAL, LLC 3 4.88% $5,203
CERTAINTY HOME LOANS, LLC 3 4.75% $5,046
Ixonia Bank 3 5.50% $6,556
Regions Bank 3 3.88% $3,650
CHURCHILL MORTGAGE CORPORATION 2 4.69% $3,319
Strong Home Mortgage, LLC 2 4.25% $3,294
ALLSOUTH 2 2.31% $0
BAYER HERITAGE 2 5.81% $4,249
TOWNE MORTGAGE COMPANY 2 4.62% $4,873
CROSSCOUNTRY MORTGAGE, LLC 2 4.56% $6,770
NBKC BANK 2 4.06% $1,836
MUTUAL OF OMAHA MORTGAGE, INC. 2 4.56% $4,207
CONTOUR MORTGAGE CORPORATION 2 5.44% $5,643
Carrington Mortgage Services, LLC 2 4.06% $5,835
Mortgage Network, Inc. 2 5.81% $5,454
CMG MORTGAGE, INC. 2 5.31% $5,170
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 5.56% $10,915
Princeton Mortgage Corporation 2 5.31% $4,739
POLARIS HOME FUNDING CORP. 2 5.50% $5,551
FOUNDERS FEDERAL CREDIT UNION 2 3.00% $2,569
Renasant Bank 2 6.38% $5,649
First Federal Bank 2 3.69% $5,071
CALIBER HOME LOANS, INC. 2 5.56% $4,717
ROYAL UNITED MORTGAGE LLC 2 5.50% $5,556
PENTAGON FEDERAL CREDIT UNION 2 4.81% $3,121
Paramount Residential Mortgage Group, Inc. 2 5.81% $6,891
AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.63% $8,003
Magnolia Bank 2 6.31% $5,107
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 4.50% $11,392
BETTER MORTGAGE CORPORATION 2 4.00% $3,909
ZILLOW HOME LOANS, LLC 1 4.75% $6,457
AgFirst Farm Credit Bank 1 5.75% $6,357
Alerus Financial 1 3.88% $5,562
Ally Bank 1 4.00% $2,500
AMERICAN FINANCING CORPORATION 1 5.25% $3,903
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.88% $4,217
ANGEL OAK HOME LOANS LLC 1 3.25% $3,635
Arvest Bank 1 3.75% $6,707
Associated Credit Union 1 3.88% $6,446
Assurance Financial Group, L.L.C. 1 6.99% $3,998
Baxter Credit Union 1 5.63% $3,197
Beeline Loans, Inc. 1 6.13% $5,299
CALCON MUTUAL MORTGAGE LLC 1 4.75% $5,818
CANOPY MORTGAGE, LLC 1 4.75% $6,691
CAPITAL CENTER, L.L.C. 1 4.88% $0
Citibank 1 5.38% $10,176
COASTAL Federal Credit Union 1 3.38% $3,447
Countybank 1 3.00% $3,489
Dollar Bank, Federal Savings Bank 1 5.63% $8,817
DRAPER AND KRAMER MORTGAGE CORP. 1 3.13% $4,256
EagleBank 1 5.75% $2,801
EVERETT FINANCIAL, INC. 1 5.63% $2,563
Fifth Third Bank 1 6.13% $4,040
First Community Bank 1 7.63% $4,977
FIRST HOME MORTGAGE CORPORATION 1 7.13% $5,733
First Internet Bank of Indiana 1 5.00% $3,360
GENEVA FINANCIAL, LLC 1 5.38% $6,687
HOME POINT FINANCIAL CORPORATION 1 5.38% $10,802
LOANPAL, LLC 1 5.75% $5,814
Luxury Mortgage Corp. 1 6.88% $12,155
MICHIGAN MUTUAL, INC. 1 4.00% $2,153
MID CAROLINA Credit Union 1 6.50% $4,108
MIDLAND MORTGAGE CORPORATION 1 7.75% $7,300
MORTGAGE ACCESS CORP. 1 5.99% $4,470
MORTGAGE INVESTORS GROUP, INC. 1 5.75% $3,906
M&T Bank 1 3.88% $2,535
Nations Lending Corporation 1 3.88% $5,351
NETWORK CAPITAL FUNDING CORPORATION 1 6.63% $6,655
NEXERA HOLDING LLC 1 4.38% $2,572
North American Savings Bank, F.S.B. 1 4.88% $5,503
Northpointe Bank 1 5.88% $5,242
NORTHROP GRUMMAN Federal Credit Union 1 4.88% $6,100
NTFN, INC. 1 3.88% $5,241
Old National Bank 1 5.50% $3,265
Palmetto Citizens Federal Credit Union 1 3.38% $7,182
PHH Mortgage Corporation 1 5.88% $6,272
Pinnacle Bank 1 4.38% $2,358
Plains Commerce Bank 1 3.75% $2,651
PLANET HOME LENDING, LLC 1 4.88% $8,487
PLAZA HOME MORTGAGE, INC. 1 4.00% $2,261
PNC Bank 1 3.75% $2,757
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.63% $3,485
Queensborough National Bank & Trust Company 1 5.00% $7,833
RELIANCE FIRST CAPITAL, LLC 1 4.50% $4,367
Republic Bank & Trust Company 1 4.88% $4,269
S. C. STATE FEDERAL CREDIT UNION 1 5.75% $1,523
ServisFirst Bank 1 3.63% $16,037
Shamrock Home Loans, Inc. 1 3.25% $3,668
SOFI LENDING CORP. 1 3.75% $5,088
SOUTH CAROLINA FEDERAL CREDIT UNION 1 4.25% $6,725
SOUTHERN TRUST MORTGAGE, LLC 1 4.38% $5,758
SOUTHWEST FUNDING, LP 1 3.99% $9,691
STATE EMPLOYEES' 1 3.90% $2,701
Stifel Bank and Trust 1 3.50% $2,639
STOCKTON MORTGAGE CORPORATION 1 3.75% $3,752
TD Bank 1 4.44% $99
THRIVE MORTGAGE, LLC 1 5.88% $4,326
United Community Bank 1 5.13% $3,972
USAA Federal Savings Bank 1 5.50% $3,997
21ST MORTGAGE CORPORATION 1 8.25% $4,788

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 $149,900 (-0.7%) $165,525 (-3.3%) 0.00 453
2018-02-01 $152,000 (4.0%) $166,742 (-0.8%) 0.00 442
2018-03-01 $145,000 (-0.6%) $169,449 (0.1%) 0.00 404
2018-04-01 $154,500 (1.2%) $175,540 (2.0%) 0.00 427
2018-05-01 $155,725 (2.9%) $177,115 (3.0%) 0.00 428
2018-06-01 $159,900 (3.7%) $180,680 (4.2%) 0.00 409
2018-07-01 $162,675 (3.8%) $186,755 (7.8%) 0.00 405
2018-08-01 $159,900 (3.0%) $186,038 (7.7%) 0.00 394
2018-09-01 $158,450 (1.2%) $183,424 (7.1%) 0.00 392
2018-10-01 $150,724 (-3.1%) $182,182 (5.2%) 0.00 397
2018-11-01 $157,000 (0.0%) $183,891 (6.2%) 0.00 388
2018-12-01 $155,900 (1.3%) $178,551 (6.5%) 0.00 375
2019-01-01 $156,050 (4.6%) $178,837 (6.5%) 0.00 360
2019-02-01 $159,900 (2.2%) $179,473 (5.1%) 0.00 375
2019-03-01 $164,186 (9.5%) $177,940 (4.5%) 0.00 403
2019-04-01 $172,200 (9.5%) $182,323 (3.6%) 0.00 428
2019-05-01 $181,950 (11.6%) $191,594 (5.6%) 0.00 411
2019-06-01 $183,900 (12.6%) $195,025 (6.2%) 0.00 383
2019-07-01 $179,900 (9.0%) $192,134 (1.0%) 0.00 360
2019-08-01 $179,919 (9.7%) $190,504 (0.4%) 0.00 372
2019-09-01 $179,964 (12.0%) $188,857 (1.4%) 0.00 381
2019-10-01 $180,000 (17.2%) $188,167 (1.8%) 0.00 387
2019-11-01 $182,900 (14.4%) $187,693 (2.7%) 0.00 371
2019-12-01 $178,750 (11.8%) $187,318 (4.7%) 0.00 342
2020-01-01 $184,500 (16.4%) $190,126 (7.2%) 0.00 298
2020-02-01 $185,000 (17.1%) $189,944 (8.3%) 0.00 281
2020-03-01 $176,625 (8.6%) $188,595 (6.4%) 0.00 277
2020-04-01 $177,975 (5.7%) $192,724 (5.6%) 0.00 283
2020-05-01 $175,500 (0.8%) $192,342 (1.3%) 0.00 260
2020-06-01 $181,100 (-1.5%) $187,306 (-0.4%) 0.00 225
2020-07-01 $176,375 (0.2%) $192,562 (8.5%) 0.00 177
2020-08-01 $180,000 (3.5%) $196,607 (13.0%) 0.00 151
2020-09-01 $178,000 (2.2%) $205,088 (19.3%) 0.00 142
2020-10-01 $175,500 (2.9%) $211,614 (21.6%) 0.00 135
2020-11-01 $184,950 (7.0%) $218,003 (20.9%) 0.00 132
2020-12-01 $178,100 (1.4%) $207,362 (14.3%) 0.00 132
2021-01-01 $173,200 (-5.1%) $192,945 (7.6%) 0.00 123
2021-02-01 $167,750 (-8.8%) $185,780 (4.2%) 0.00 127
2021-03-01 $175,600 (-5.2%) $200,944 (11.7%) 0.00 116
2021-04-01 $178,256 (-2.7%) $199,918 (11.3%) 0.00 99
2021-05-01 $188,500 (4.2%) $215,216 (18.9%) 0.00 79
2021-06-01 $185,000 (-0.4%) $310,395 (52.7%) 0.00 86
2021-07-01 $188,000 (2.7%) $317,537 (41.3%) 0.00 86
2021-08-01 $204,000 (10.0%) $271,442 (23.3%) 0.00 93
2021-09-01 $195,500 (8.3%) $269,628 (17.3%) 0.00 97
2021-10-01 $197,000 (3.7%) $257,752 (12.6%) 0.00 127
2021-11-01 $209,500 (10.7%) $256,521 (8.6%) 0.00 141
2021-12-01 $212,000 (16.2%) $269,726 (18.9%) 0.00 137
2022-01-01 $234,500 (35.1%) $243,666 (18.4%) 0.00 125
2022-02-01 $232,450 (40.4%) $234,924 (16.2%) 0.00 116
2022-03-01 $243,473 (41.8%) $282,699 (27.5%) 0.00 105
2022-04-01 $252,749 (42.6%) $306,485 (34.2%) 0.00 91
2022-05-01 $258,950 (35.3%) $297,364 (22.8%) 0.00 135
2022-06-01 $257,450 (42.1%) $271,998 (-11.2%) 0.00 189
2022-07-01 $260,000 (43.6%) $274,147 (-7.4%) 0.00 209
2022-08-01 $274,950 (37.2%) $282,042 (6.2%) 0.00 260
2022-09-01 $267,750 (38.1%) $282,743 (5.8%) 0.00 291
2022-10-01 $266,500 (42.4%) $279,900 (7.9%) 0.00 290
2022-11-01 $275,000 (27.2%) $278,957 (9.6%) 0.00 295
2022-12-01 $268,000 (25.0%) $274,718 (3.5%) 0.00 319
2023-01-01 $279,856 (14.6%) $275,176 (7.6%) 0.00 313
2023-02-01 $290,059 (15.0%) $289,671 (15.9%) 0.00 316
2023-03-01 $287,146 (11.2%) $288,660 (-0.6%) 0.00 281
2023-04-01 $280,826 (5.4%) $288,643 (-6.8%) 0.00 287
2023-05-01 $275,000 (4.0%) $279,571 (-5.0%) 0.00 267
2023-06-01 $273,600 (5.0%) $288,004 (6.0%) 0.00 268
2023-07-01 $278,000 (1.8%) $292,484 (4.8%) 0.00 256
2023-08-01 $276,850 (-1.8%) $295,792 (3.2%) 0.00 250
2023-09-01 $279,900 (1.5%) $294,075 (4.0%) 0.00 277
2023-10-01 $275,450 (0.5%) $299,303 (4.5%) 0.00 299
2023-11-01 $272,308 (-1.5%) $295,685 (4.0%) 0.00 335
2023-12-01 $272,990 (0.0%) $298,461 (0.0%) 0.00 309
SUMTER's median listing price for 2023-12-01 was $272,990, a difference of $4,990 (0.0%) versus the prior year and $682 versus the prior month.

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

SUMTER's average listing price for 2023-12-01 was $298,461, a difference of $23,743 (0.0%) versus the prior year and $2,776 versus the prior month.

For the 2023-12-01 period, SUMTER had 309 MLS listings, a difference of -26 listings (-8%) versus the prior month and -10 listings (-3%) 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 1,856 sqft
2018-02-01 0 days 1,863 sqft
2018-03-01 0 days 1,854 sqft
2018-04-01 0 days 1,898 sqft
2018-05-01 0 days 1,912 sqft
2018-06-01 0 days 1,911 sqft
2018-07-01 0 days 1,931 sqft
2018-08-01 0 days 1,959 sqft
2018-09-01 0 days 1,923 sqft
2018-10-01 0 days 1,855 sqft
2018-11-01 0 days 1,902 sqft
2018-12-01 0 days 1,906 sqft
2019-01-01 0 days 1,896 sqft
2019-02-01 0 days 1,914 sqft
2019-03-01 0 days 1,941 sqft
2019-04-01 0 days 1,985 sqft
2019-05-01 0 days 2,045 sqft
2019-06-01 0 days 2,030 sqft
2019-07-01 0 days 2,019 sqft
2019-08-01 0 days 1,985 sqft
2019-09-01 0 days 1,989 sqft
2019-10-01 0 days 1,996 sqft
2019-11-01 0 days 2,024 sqft
2019-12-01 0 days 1,977 sqft
2020-01-01 0 days 2,003 sqft
2020-02-01 0 days 2,000 sqft
2020-03-01 0 days 1,961 sqft
2020-04-01 0 days 1,947 sqft
2020-05-01 0 days 1,925 sqft
2020-06-01 0 days 1,922 sqft
2020-07-01 0 days 1,896 sqft
2020-08-01 0 days 1,936 sqft
2020-09-01 0 days 1,916 sqft
2020-10-01 0 days 1,933 sqft
2020-11-01 0 days 2,005 sqft
2020-12-01 0 days 1,937 sqft
2021-01-01 0 days 1,921 sqft
2021-02-01 0 days 1,860 sqft
2021-03-01 0 days 1,903 sqft
2021-04-01 0 days 1,893 sqft
2021-05-01 0 days 2,015 sqft
2021-06-01 0 days 1,938 sqft
2021-07-01 0 days 1,927 sqft
2021-08-01 0 days 1,998 sqft
2021-09-01 0 days 1,926 sqft
2021-10-01 0 days 1,953 sqft
2021-11-01 0 days 1,961 sqft
2021-12-01 0 days 1,948 sqft
2022-01-01 0 days 2,012 sqft
2022-02-01 0 days 2,162 sqft
2022-03-01 0 days 2,105 sqft
2022-04-01 0 days 2,130 sqft
2022-05-01 0 days 2,156 sqft
2022-06-01 0 days 2,057 sqft
2022-07-01 0 days 2,057 sqft
2022-08-01 0 days 2,148 sqft
2022-09-01 0 days 2,121 sqft
2022-10-01 0 days 2,095 sqft
2022-11-01 0 days 2,140 sqft
2022-12-01 0 days 2,101 sqft
2023-01-01 0 days 2,125 sqft
2023-02-01 0 days 2,161 sqft
2023-03-01 0 days 2,125 sqft
2023-04-01 0 days 2,140 sqft
2023-05-01 0 days 2,086 sqft
2023-06-01 0 days 2,097 sqft
2023-07-01 0 days 2,140 sqft
2023-08-01 0 days 2,135 sqft
2023-09-01 0 days 2,101 sqft
2023-10-01 0 days 2,100 sqft
2023-11-01 0 days 2,058 sqft
2023-12-01 0 days 2,093 sqft
SUMTER's median listing age (time on market) for 2023-12-01 was 0 days.

SUMTER's median square footage for active listings during the 2023-12-01 period was 2,093 sqft. One year prior, the average listing was 2,101 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 $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.