SOUTH CENTRAL BANK, INC. closing costs and rates (2024)
In 2024, SOUTH CENTRAL BANK, INC. originated 368 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $3,709. That is $3,032 below the national median of $6,741. SOUTH CENTRAL BANK, INC. is most active in Kentucky with 355 originations there.
Purchase Originations
368
Median Total Costs
$3,709
−45.0% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$945
Median Lender Credits
$70
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 199 | 6.625% | $2,909 | $945 |
| fha | 108 | 6.500% | $7,307 | $945 |
| va | 41 | 6.500% | $4,273 | $395 |
| usda | 20 | 6.375% | $4,879 | $945 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,508 | 7.375% | — | 5 | −$1,201 | |
| 2 | $2,713 | 6.375% | — | 4 | −$996 | |
| 3 | $2,830 | 6.938% | — | 10 | −$879 | |
| 4 | $2,830 | 6.875% | — | 3 | −$879 | |
| 5 | $2,841 | 6.500% | — | 5 | −$868 | |
| 6 | $3,041 | 6.500% | — | 44 | −$668 | |
| 7 | $3,283 | 6.500% | — | 11 | −$426 | |
| 8 | $3,296 | 6.562% | — | 18 | −$413 | |
| 9 | $3,316 | 6.875% | — | 7 | −$393 | |
| 10 | $3,337 | 5.938% | — | 10 | −$372 | |
| 11 | $3,352 | 6.688% | — | 4 | −$357 | |
| 12 | $3,533 | 6.375% | — | 15 | −$176 | |
| 13 | $3,674 | 6.500% | — | 102 | −$35 | |
| 14 | $4,032 | 6.500% | — | 52 | +$323 | |
| 15 | $5,226 | 6.500% | — | 21 | +$1,517 | |
| 16 | $6,525 | 6.500% | — | 5 | +$2,816 | |
| 17 | $6,819 | 6.812% | — | 4 | +$3,110 | |
| 18 | $6,882 | 7.000% | — | 3 | +$3,173 | |
| 19 | $7,370 | 6.000% | — | 3 | +$3,661 | |
| 20 | $8,484 | 6.500% | — | 3 | +$4,775 |
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.