Purchase Originations
389
Median Total Costs
$3,855
−42.3% vs national ($6,680)
↑ $146 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$945
Median Lender Credits
$145
Denial Rate
6.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 199 | 6.490% | $2,987 | $945 |
| fha | 130 | 6.250% | $7,350 | $1,125 |
| va | 43 | 6.250% | $3,411 | $395 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,905 | 6.750% | — | 3 | −$1,950 | |
| 2 | $2,892 | 6.500% | — | 25 | −$963 | |
| 3 | $3,005 | 6.250% | — | 8 | −$850 | |
| 4 | $3,181 | 6.375% | — | 17 | −$674 | |
| 5 | $3,197 | 6.500% | — | 11 | −$658 | |
| 6 | $3,283 | 6.250% | — | 15 | −$572 | |
| 7 | $3,348 | 5.990% | — | 29 | −$507 | |
| 8 | $3,452 | 6.750% | — | 3 | −$403 | |
| 9 | $3,641 | 6.375% | — | 11 | −$214 | |
| 10 | $3,690 | 6.250% | — | 47 | −$165 | |
| 11 | $3,699 | 6.250% | — | 9 | −$156 | |
| 12 | $3,824 | 6.500% | — | 13 | −$31 | |
| 13 | $4,101 | 6.187% | — | 4 | +$246 | |
| 14 | $4,204 | 6.750% | — | 5 | +$349 | |
| 15 | $4,666 | 6.250% | — | 9 | +$811 | |
| 16 | $5,596 | 6.250% | — | 103 | +$1,741 | |
| 17 | $6,111 | 6.500% | — | 3 | +$2,256 | |
| 18 | $6,908 | 6.250% | — | 15 | +$3,053 | |
| 19 | $6,933 | 6.375% | — | 5 | +$3,078 | |
| 20 | $7,956 | 6.250% | — | 3 | +$4,101 |
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 | South Central Bank, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $215,000 | $335,000 | −$120,000 (−35.8%) |
| Median total closing costs | $3,855 | $7,127 | −$3,272 (−45.9%) |
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.