First Palmetto Bank closing costs and rates (2024)
In 2024, First Palmetto Bank originated 354 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,998. That is $2,743 below the national median of $6,741. First Palmetto Bank is most active in South Carolina with 339 originations there.
Purchase Originations
354
Median Total Costs
$3,998
−40.7% vs national ($6,741)
Median Rate
6.624%
+0.1% vs national (6.620%)
Median Origination
$945
Median Lender Credits
$945
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 246 | 6.625% | $3,572 | $945 |
| fha | 73 | 6.490% | $8,005 | $1,210 |
| va | 25 | 6.250% | $6,582 | $1,000 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Carolina | 339 | 6.500% | $3,998 | #46 |
| North Carolina | 10 | 7.125% | $3,775 | — |
| Georgia | 2 | 6.308% | $4,547 | — |
| Florida | 1 | 6.625% | $9,030 | — |
| Kentucky | 1 | 6.875% | $3,103 | — |
| Ohio | 1 | 6.625% | $4,693 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,063 | 6.625% | — | 2 | −$1,935 | |
| 2 | $2,549 | 6.808% | — | 2 | −$1,449 | |
| 3 | $3,528 | 6.625% | — | 5 | −$470 | |
| 4 | $3,610 | 6.125% | — | 124 | −$388 | |
| 5 | $3,793 | 7.183% | — | 2 | −$205 | |
| 6 | $3,812 | 6.624% | — | 73 | −$186 | |
| 7 | $3,859 | 7.375% | — | 5 | −$139 | |
| 8 | $4,086 | 6.875% | — | 15 | +$88 | |
| 9 | $4,368 | 6.875% | — | 35 | +$370 | |
| 10 | $4,547 | 6.308% | — | 2 | +$549 | |
| 11 | $4,643 | 6.245% | — | 2 | +$645 | |
| 12 | $4,684 | 6.990% | — | 7 | +$686 | |
| 13 | $4,689 | 7.125% | — | 6 | +$691 | |
| 14 | $4,781 | 6.125% | — | 3 | +$783 | |
| 15 | $4,784 | 6.500% | — | 10 | +$786 | |
| 16 | $6,148 | 6.562% | — | 2 | +$2,150 | |
| 17 | $6,435 | 6.495% | — | 32 | +$2,437 | |
| 18 | $6,582 | 6.500% | — | 7 | +$2,584 | |
| 19 | $7,920 | 6.688% | — | 2 | +$3,922 | |
| 20 | $7,937 | 5.990% | — | 3 | +$3,939 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.