Union Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Union averaged 6.52% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.94% and one month ago for the week of 2025-03-06, the average rate was 6.73%.

Union's average rate one year ago was 7.12%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.72%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Union 30 Year Fixed Rate 2025-04-10 6.52%
Union 30 Year Fixed Rate Refi 2025-04-10 6.72%
Union 15 Year Fixed Rate 2025-04-10 5.72%
Union 15 Year Fixed Rate Refi 2025-04-10 6.22%
Union 30 Year FHA 2025-04-10 6.19%
Union 30 Year FHA Refi 2025-04-10 6.33%
Union 30 Year USDA 2025-04-10 6.35%
Union 30 Year USDA Refi 2025-04-10 6.45%
Union 30 Year VA 2025-04-10 6.39%
Union 30 Year VA Refi 2025-04-10 6.09%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Union, SC.

Union 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 Union, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Arthur State Bank 26 7.24% $3,548
FOUNDERS FEDERAL CREDIT UNION 7 7.63% $2,887
QUICKEN LOANS, LLC 6 6.77% $5,495
INSPIRE HOME LOANS INC. 6 5.92% $5,544
MOVEMENT MORTGAGE, LLC 4 6.89% $5,713
South State Bank 4 7.13% $4,731
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.29% $4,723
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.41% $5,805
SOUTH CAROLINA FEDERAL CREDIT UNION 3 5.52% $5,136
AgFirst Farm Credit Bank 2 7.25% $8,175
First Piedmont Federal Savings and Loan Association of Gaffney 2 7.00% $6,996
Waterstone Mortgage Corporation 2 7.44% $6,252
GSF Mortgage Corporation 1 6.49% $5,110
GUILD MORTGAGE COMPANY 1 6.99% $4,522
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.50% $4,338
HOMESIDE FINANCIAL, LLC 1 6.75% $4,003
JPMorgan Chase Bank 1 6.25% $3,982
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $2,991
Renasant Bank 1 8.13% $8,143
RESOURCE FINANCIAL SERVICES, INC. 1 6.25% $3,982
ROYAL UNITED MORTGAGE LLC 1 7.50% $3,740
STATE EMPLOYEES' 1 6.25% $4,890
The Loan Store, Inc. 1 8.25% $7,738
TRIAD FINANCIAL SERVICES, INC. 1 12.10% $4,354
UNION HOME MORTGAGE CORP. 1 6.50% $3,868
U.S. Bank 1 6.50% $2,191
21ST MORTGAGE CORPORATION 1 8.60% $7,776
ZILLOW HOME LOANS, LLC 1 5.88% $12,955
AMERICAN INTERNET MORTGAGE, INC. 1 5.50% $10,533
BAYSHORE MORTGAGE FUNDING, LLC 1 7.50% $4,962
BETTER MORTGAGE CORPORATION 1 8.13% $3,299
BROKER SOLUTIONS, INC. 1 6.00% $11,264
Carrington Mortgage Services, LLC 1 6.88% $4,072
CRESCENT MORTGAGE COMPANY 1 6.50% $4,075
CROSSCOUNTRY MORTGAGE, LLC 1 6.00% $9,285
Dollar Bank, Federal Savings Bank 1 8.38% $13,927
First-Citizens Bank & Trust Company 1 6.63% $5,014
FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $3,904
First Federal Bank 1 6.63% $4,595

Union Average Closing Costs & Other Stats

Union, SC's 39 lenders originated 346 loans during 2024. The total origination value was $52,120,000, with an average loan value of $150,636.

Union's average closing costs are $5,128.

The top Union lender as defined by loan originations is Arthur State Bank, with 26 loans originated. Their average total fees are $3,548, which is $661 higher than the next largest lender, FOUNDERS FEDERAL CREDIT UNION.

The lowest fee Union lenders (with over 10 loans originated) are Arthur State Bank ($3,548), .

The lowest rate Union lenders (with over 10 loans originated) are Arthur State Bank (7.24%), .

Union, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
INSPIRE HOME LOANS INC. $6,720,000 n/a 12.9%
Arthur State Bank $5,445,000 $5,615,000 3.1% 10.8%
FOUNDERS FEDERAL CREDIT UNION $4,235,000 $3,130,000 -26.1% 6.0%
QUICKEN LOANS, LLC $3,110,000 $2,410,000 -22.5% 4.6%
Mortgage Research Center, LLC $1,425,000 $1,815,000 27.4% 3.5%
UNITED WHOLESALE MORTGAGE, LLC $1,815,000 $1,735,000 -4.4% 3.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,865,000 $1,375,000 -26.3% 2.6%
AgFirst Farm Credit Bank $1,345,000 n/a 2.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,165,000 $1,335,000 -38.3% 2.6%
South State Bank $405,000 $1,285,000 217.3% 2.5%
GUILD MORTGAGE COMPANY $425,000 $1,080,000 154.1% 2.1%
T2 FINANCIAL LLC $1,025,000 n/a 2.0%
FREEDOM MORTGAGE CORPORATION $620,000 $990,000 59.7% 1.9%
SOUTHWEST STAGE FUNDING, LLC $155,000 $985,000 535.5% 1.9%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $905,000 $935,000 3.3% 1.8%
MOVEMENT MORTGAGE, LLC $1,660,000 $930,000 -44.0% 1.8%
SOUTH CAROLINA FEDERAL CREDIT UNION $830,000 n/a 1.6%
BETTER MORTGAGE CORPORATION $55,000 $770,000 1,300.0% 1.5%
First Piedmont Federal Savings and Loan Association of Gaffney $585,000 $765,000 30.8% 1.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $185,000 $730,000 294.6% 1.4%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $75,000 $710,000 846.7% 1.4%
BROKER SOLUTIONS, INC. $370,000 $670,000 81.1% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $485,000 $660,000 36.1% 1.3%
GSF Mortgage Corporation $655,000 n/a 1.3%
Mr. Cooper ( Nationstar Mortgage ) $330,000 $590,000 78.8% 1.1%
21ST MORTGAGE CORPORATION $480,000 $565,000 17.7% 1.1%
NEW DAY FINANCIAL, LLC $525,000 $495,000 -5.7% 0.9%
GUARANTEED RATE, INC. $645,000 $470,000 -27.1% 0.9%
PRIMARY RESIDENTIAL MORTGAGE, INC. $155,000 $440,000 183.9% 0.8%
SOUTHWEST FUNDING, LP $420,000 n/a 0.8%
Waterstone Mortgage Corporation $370,000 n/a 0.7%
NAVY FEDERAL CREDIT UNION $75,000 $355,000 373.3% 0.7%
UNION HOME MORTGAGE CORP. $145,000 $355,000 144.8% 0.7%
VILLAGE CAPITAL MORTGAGE $175,000 $350,000 100.0% 0.7%
First-Citizens Bank & Trust Company $360,000 $345,000 -4.2% 0.7%
STATE EMPLOYEES' $200,000 $345,000 72.5% 0.7%
FIRST COMMUNITY MORTGAGE, INC. $320,000 n/a 0.6%
MUTUAL OF OMAHA MORTGAGE, INC. $295,000 $315,000 6.8% 0.6%
S. C. TELCO $105,000 $315,000 200.0% 0.6%
Ameris Bank $335,000 $300,000 -10.4% 0.6%
Renasant Bank $300,000 n/a 0.6%
RESOURCE FINANCIAL SERVICES, INC. $245,000 $300,000 22.4% 0.6%
AMERICAN INTERNET MORTGAGE, INC. $295,000 n/a 0.6%
Barrington Bank & Trust Company, N.A. $265,000 $285,000 7.5% 0.5%
Dollar Bank, Federal Savings Bank $285,000 n/a 0.5%
PENNYMAC LOAN SERVICES, LLC $285,000 $280,000 -1.8% 0.5%
HOMEOWNERS FINANCIAL GROUP USA, LLC $155,000 $270,000 74.2% 0.5%
CALCON MUTUAL MORTGAGE LLC $255,000 n/a 0.5%
HOMESIDE FINANCIAL, LLC $250,000 n/a 0.5%
AMERICAN PACIFIC MORTGAGE CORPORATION $235,000 n/a 0.5%
First Federal Bank $275,000 $215,000 -21.8% 0.4%
ZILLOW HOME LOANS, LLC $215,000 n/a 0.4%
CRESCENT MORTGAGE COMPANY $175,000 $205,000 17.1% 0.4%
TRIAD FINANCIAL SERVICES, INC. $205,000 n/a 0.4%
Equity Prime Mortgage LLC $195,000 n/a 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $350,000 $185,000 -47.1% 0.4%
RELIANCE FIRST CAPITAL, LLC $115,000 $185,000 60.9% 0.4%
ROYAL UNITED MORTGAGE LLC $85,000 $180,000 111.8% 0.3%
CLEARPATH LENDING $175,000 n/a 0.3%
GUARANTEED RATE AFFINITY, LLC $305,000 $165,000 -45.9% 0.3%
JPMorgan Chase Bank $165,000 n/a 0.3%
ARC HOME LLC $155,000 n/a 0.3%
NEWREZ LLC $165,000 $155,000 -6.1% 0.3%
VELOCITY COMMERCIAL CAPITAL, LLC $155,000 n/a 0.3%
CREDIT HUMAN FEDERAL CREDIT UNION $145,000 n/a 0.3%
LIMA ONE CAPITAL, LLC $145,000 n/a 0.3%
ON Q FINANCIAL, INC. $280,000 $135,000 -51.8% 0.3%
SUCCESS MORTGAGE PARTNERS, INC. $135,000 n/a 0.3%
The Loan Store, Inc. $135,000 n/a 0.3%
S. C. STATE FEDERAL CREDIT UNION $100,000 $130,000 30.0% 0.2%
Deere Employees Credit Union $155,000 $125,000 -19.4% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $125,000 n/a 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $115,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $115,000 n/a 0.2%
U.S. Bank $115,000 n/a 0.2%
TOP FLITE FINANCIAL, INC. $95,000 n/a 0.2%
Carrington Mortgage Services, LLC $830,000 $85,000 -89.8% 0.2%
Bank of America $245,000 $75,000 -69.4% 0.1%
Discover Bank $55,000 n/a 0.1%
LOANPAL, LLC $95,000 $55,000 -42.1% 0.1%
TD Bank $75,000 $55,000 -26.7% 0.1%
AMERISAVE MORTGAGE CORPORATION $660,000 $50,000 -92.4% 0.1%
FINANCE OF AMERICA REVERSE LLC $35,000 n/a 0.1%
SPRING EQ, LLC $35,000 n/a 0.1%

Union's top lender by overall market share is INSPIRE HOME LOANS INC., with 12.9% market share. In second place, with 10.8%, is Arthur State Bank, having originated $5,615,000 in loans. In third place, with 6.0%, is FOUNDERS FEDERAL CREDIT UNION, having originated $3,130,000 in loans. In fourth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $2,410,000 in loans. In fifth place, with 3.5%, is Mortgage Research Center, LLC, having originated $1,815,000 in loans.

Union, SC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 225 $37,035,000 $164,600
Cash Out Refi 46 $6,410,000 $139,348
Refi 33 $5,395,000 $163,485
Other 29 $2,305,000 $79,483
Home Improvement 13 $975,000 $75,000

Union's most frequently cited loan purpose was Home Purchase, with 225 originations. The 2nd most popular reason was Cash Out Refi, with 46 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 115 $20,005,000 $173,957
7-8% 79 $12,185,000 $154,241
Over 8% 70 $7,200,000 $102,857
5-6% 45 $8,345,000 $185,444
4-5% 17 $3,295,000 $193,824
<2.5% 14 $140,000 $10,000
3-4% 3 $635,000 $211,667

During 2024, Union's most frequently originated rate bucket was 6-7%, with 115 originations.

Loan Sizing (Union, SC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 153 $22,765,000 $148,791
$100,000 or less 101 $5,425,000 $53,713
$200k-400k 88 $21,990,000 $249,886
$400k-600k 4 $1,940,000 $485,000

Union's loan sizing saw the bucket of loans from $100k-200k with 153 originations, totaling $22,765,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 182 $33,330,000 $183,132
60-80% 56 $9,180,000 $163,929
Under 20% 36 $690,000 $19,167
20-40% 29 $2,295,000 $79,138
40-60% 27 $3,305,000 $122,407
Over 100% 6 $1,260,000 $210,000

Union's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 182 originations, totaling $33,330,000 in origination value.