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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 99 3.17% $4,829
Gateway First Bank 84 3.05% $2,876
GUILD MORTGAGE COMPANY 45 3.32% $4,017
RESOURCE FINANCIAL SERVICES, INC. 44 3.18% $3,596
MOVEMENT MORTGAGE, LLC 41 3.06% $3,646
Trustmark National Bank 35 3.24% $2,743
First-Citizens Bank & Trust Company 27 3.13% $3,662
Wells Fargo Bank 25 3.35% $3,069
Truist Bank 23 3.13% $3,820
LOANDEPOT.COM, LLC 22 3.29% $5,429
Magnolia Bank 18 3.15% $3,284
Prosperity Home Mortgage, LLC 17 3.26% $3,246
UNITED WHOLESALE MORTGAGE, LLC 17 3.14% $4,918
FINANCE OF AMERICA MORTGAGE LLC 15 3.26% $5,128
NAVY FEDERAL CREDIT UNION 15 3.78% $4,073
Synovus Bank 13 3.10% $4,574
South State Bank 13 3.24% $3,908
GUARANTEED RATE, INC. 12 3.33% $3,183
First Palmetto Bank 12 3.11% $3,046
Bank of America 11 2.61% $3,734
Ameris Bank 11 3.23% $3,217
NEWREZ LLC 11 3.26% $3,203
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 3.34% $4,529
PENNYMAC LOAN SERVICES, LLC 10 3.36% $3,951
GUARANTEED RATE AFFINITY, LLC 10 3.16% $3,929
AMERISAVE MORTGAGE CORPORATION 10 3.09% $4,416
JPMorgan Chase Bank 10 3.10% $2,356
CALIBER HOME LOANS, INC. 10 3.27% $3,570
BROKER SOLUTIONS, INC. 9 3.15% $4,699
PRIMELENDING, A PLAINSCAPITAL COMPANY 9 3.25% $4,678
ANGEL OAK HOME LOANS LLC 9 3.99% $4,638
BETTER MORTGAGE CORPORATION 8 2.98% $3,029
BAY EQUITY LLC 7 3.16% $3,912
Mr. Cooper ( Nationstar Mortgage ) 7 3.73% $4,174
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 6 3.37% $4,971
Citizens Bank 6 3.04% $2,655
Regions Bank 6 3.15% $3,360
FREEDOM MORTGAGE CORPORATION 6 3.25% $2,982
HOMESIDE FINANCIAL, LLC 5 3.35% $4,218
Mortgage Research Center, LLC 5 3.33% $5,506
First Reliance Bank 5 3.10% $3,210
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 3.34% $5,209
RELIANCE FIRST CAPITAL, LLC 4 3.53% $6,829
CAROLINA ONE MORTGAGE, LLC 4 3.59% $4,986
TD Bank 4 3.19% $4,192
SUCCESS MORTGAGE PARTNERS, INC. 4 3.47% $3,275
Flagstar Bank, FSB 4 3.15% $2,685
SOUTH CAROLINA FEDERAL CREDIT UNION 4 3.44% $6,279
VANDERBILT MORTGAGE AND FINANCE, INC. 3 3.42% $3,309
LOANPAL, LLC 3 3.62% $3,932
RESIDENTIAL MORTGAGE SERVICES, INC. 3 3.08% $3,678
Southern First Bank 3 2.75% $2,789
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 3.75% $4,493
CROSSCOUNTRY MORTGAGE, LLC 3 2.96% $3,878
ALLSOUTH 3 2.46% $0
STATE EMPLOYEES' 3 3.22% $4,418
CMG MORTGAGE, INC. 3 3.25% $4,519
LENDUS, LLC 3 3.58% $4,763
Colonial Savings, F.A. 2 2.94% $4,899
Ally Bank 2 2.88% $4,038
Barley Mortgage, LLC 2 2.94% $2,861
Blue Ridge Bank 2 3.19% $4,957
CALCON MUTUAL MORTGAGE LLC 2 3.06% $4,640
CERTAINTY HOME LOANS, LLC 2 3.31% $3,262
First Federal Bank 2 2.69% $2,631
First National Bank of Pennsylvania 2 2.94% $4,748
First Savings Bank 2 3.63% $8,190
GUARANTY HOME MORTGAGE CORPORATION 2 3.00% $5,293
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.06% $3,276
HOME POINT FINANCIAL CORPORATION 2 3.13% $2,975
InterContinental Capital Group, Inc 2 3.00% $4,226
Manufacturers and Traders Trust Company 2 3.56% $3,400
MORIA DEVELOPMENT, INC. 2 3.31% $3,784
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.69% $4,920
Nations Lending Corporation 2 3.63% $4,596
Paramount Residential Mortgage Group, Inc. 2 3.19% $4,069
PENTAGON FEDERAL CREDIT UNION 2 2.44% $2,173
Renasant Bank 2 3.25% $3,364
ROYAL UNITED MORTGAGE LLC 2 3.63% $5,448
SOUTHERN TRUST MORTGAGE, LLC 2 3.13% $3,514
T2 FINANCIAL LLC 2 4.38% $5,194
U.S. Bank 2 2.75% $2,653
American Security Mortgage Corp. 1 3.25% $3,695
UNITED 1 3.38% $3,139
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.25% $2,625
HOMESTAR FINANCIAL CORPORATION 1 2.88% $3,855
NBKC BANK 1 2.88% $2,758
FOUNDERS FEDERAL CREDIT UNION 1 4.50% $2,513
Northpointe Bank 1 3.38% $3,607
NTFN, INC. 1 3.38% $3,670
OCEANSIDE MORTGAGE COMPANY 1 3.63% $2,102
UNITED MORTGAGE CORP. 1 3.13% $4,836
First Heritage Mortgage, LLC 1 2.88% $5,845
AMERICAN FINANCING CORPORATION 1 2.75% $5,580
PHH Mortgage Corporation 1 4.88% $4,826
Pinnacle Bank 1 3.38% $2,692
PLAZA HOME MORTGAGE, INC. 1 3.00% $3,153
Presidential Bank, FSB 1 3.99% $6,946
FAMILY FIRST FUNDING LLC 1 3.50% $4,377
EMM LOANS LLC 1 3.25% $8,799
EMBRACE HOME LOANS, INC. 1 3.25% $3,699
Dollar Bank, Federal Savings Bank 1 3.00% $6,409
CRESCENT MORTGAGE COMPANY 1 2.99% $4,033
USAA Federal Savings Bank 1 3.63% $3,664
CHURCHILL MORTGAGE CORPORATION 1 3.25% $2,814
Carrollton Bank 1 2.75% $2,212
ZILLOW HOME LOANS, LLC 1 3.50% $3,229
SeaTrust Mortgage Company 1 2.99% $2,874
ServisFirst Bank 1 3.75% $17,828
SHARONVIEW FEDERAL CREDIT UNION 1 3.13% $4,606
SHELTER LENDING SERVICES, L.L.C. 1 2.88% $3,343
Sierra Pacific Mortgage Company, Inc. 1 3.38% $2,667
SIWELL, INC. 1 2.38% $4,239
Carrington Mortgage Services, LLC 1 3.25% $2,961
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 3.63% $4,596
Byron Bank 1 3.07% $1,688
AMERICAN FINANCIAL NETWORK, INC. 1 3.75% $7,957
BOKF 1 3.13% $4,070
Barrington Bank & Trust Company, N.A. 1 3.25% $2,588
Strong Home Mortgage, LLC 1 2.75% $1,158
AXIA FINANCIAL, LLC 1 3.63% $17,862
SUMMIT FUNDING, INC. 1 3.13% $6,354
SWBC MORTGAGE CORPORATION 1 3.00% $3,600
Atlantic Coast Mortgage, LLC 1 3.38% $3,249
AMERICAN ADVISORS GROUP 1 2.63% $3,641
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.75% $2,617
The Dart Bank 1 3.38% $2,925
The Huntington National Bank 1 3.13% $3,548
TIAA, FSB 1 2.99% $5,797
TIDEWATER MORTGAGE SERVICES, INC. 1 3.50% $3,491
TJC Mortgage, Inc. 1 3.00% $0
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $1,478
KS StateBank 1 2.75% $2,837
Ixonia Bank 1 4.88% $6,618
TOWNE MORTGAGE COMPANY 1 3.00% $4,116
MICHIGAN MUTUAL, INC. 1 3.13% $6,937
MIDLAND MORTGAGE CORPORATION 1 4.13% $3,794
ARC HOME LLC 1 3.75% $2,676
Mortgage Network, Inc. 1 2.88% $3,673
INTERCOASTAL MORTGAGE COMPANY 1 2.95% $2,399
HONDA Federal Credit Union 1 3.25% $2,987
HOMESTEAD FUNDING CORP. 1 3.13% $0

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.

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.