Purchase Originations
310
Median Total Costs
$4,770
−28.6% vs national ($6,680)
↑ $772 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.124% vs prior year
Median Origination
$1,190
Median Lender Credits
$1,000
Denial Rate
3.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 194 | 6.625% | $4,061 | $1,190 |
| fha | 63 | 6.250% | $8,860 | $1,557 |
| va | 41 | 6.375% | $5,297 | $617 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Carolina | 291 | 6.500% | $4,717 | #57 |
| North Carolina | 11 | 6.990% | $4,953 | — |
| Georgia | 3 | 6.500% | $4,606 | — |
| Florida | 2 | 6.312% | $13,197 | — |
| Tennessee | 1 | 6.990% | $4,312 | — |
| Texas | 1 | 6.625% | $7,974 | — |
| Virginia | 1 | 6.625% | $15,194 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,665 | 6.620% | — | 2 | −$1,105 | |
| 2 | $3,666 | 6.750% | — | 9 | −$1,104 | |
| 3 | $3,797 | 6.375% | — | 11 | −$973 | |
| 4 | $3,880 | 6.375% | — | 3 | −$890 | |
| 5 | $4,098 | 6.500% | — | 3 | −$672 | |
| 6 | $4,265 | 6.750% | — | 36 | −$505 | |
| 7 | $4,297 | 6.250% | — | 3 | −$473 | |
| 8 | $4,442 | 6.500% | — | 81 | −$328 | |
| 9 | $4,477 | 6.808% | — | 6 | −$293 | |
| 10 | $4,731 | 6.495% | — | 72 | −$39 | |
| 11 | $4,880 | 6.875% | — | 3 | +$110 | |
| 12 | $5,121 | 6.433% | — | 6 | +$351 | |
| 13 | $5,260 | 6.750% | — | 1 | +$490 | |
| 14 | $5,320 | 6.688% | — | 2 | +$550 | |
| 15 | $5,622 | 6.312% | — | 2 | +$852 | |
| 16 | $5,823 | 7.125% | — | 3 | +$1,053 | |
| 17 | $6,032 | 6.500% | — | 13 | +$1,262 | |
| 18 | $6,242 | 6.312% | — | 30 | +$1,472 | |
| 19 | $7,457 | 6.250% | — | 3 | +$2,687 | |
| 20 | $7,739 | 6.490% | — | 2 | +$2,969 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | First Palmetto Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $4,770 | $7,127 | −$2,357 (−33.1%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, 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.