Purchase Originations
617
Ranked #554 nationally
Median Total Costs
$4,416
−33.9% vs national ($6,680)
↓ $348 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,175
Median Lender Credits
$550
Cost Rank (500+ vol.)
#140
among lenders with 500+ originations
Denial Rate
1.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 551 | 6.625% | $4,222 | $1,175 |
| fha | 42 | 6.312% | $10,036 | $1,175 |
| va | 20 | 6.250% | $5,567 | $706 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Carolina | 502 | 6.500% | $4,292 | #31 |
| Georgia | 62 | 6.500% | $7,873 | #188 |
| North Carolina | 41 | 6.625% | $3,528 | — |
| Michigan | 2 | 6.688% | $3,064 | — |
| Ohio | 2 | 6.808% | $4,036 | — |
| Texas | 2 | 6.750% | $7,365 | — |
| Alabama | 1 | 6.625% | $2,512 | — |
| Florida | 1 | 7.990% | $4,643 | — |
| Illinois | 1 | 6.000% | $11,153 | — |
| Kentucky | 1 | 7.000% | $3,950 | — |
| Missouri | 1 | 6.375% | $3,789 | — |
| Mississippi | 1 | 7.000% | $5,283 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,599 | 2.250% | — | 17 | −$2,817 | |
| 2 | $3,407 | 6.875% | — | 7 | −$1,009 | |
| 3 | $3,448 | 6.875% | — | 5 | −$968 | |
| 4 | $3,466 | 6.875% | — | 5 | −$950 | |
| 5 | $3,884 | 6.500% | — | 51 | −$532 | |
| 6 | $3,910 | 6.500% | — | 18 | −$506 | |
| 7 | $4,251 | 6.625% | — | 302 | −$165 | |
| 8 | $4,323 | 6.500% | — | 47 | −$93 | |
| 9 | $4,397 | 6.750% | — | 12 | −$19 | |
| 10 | $4,569 | 6.500% | — | 3 | +$153 | |
| 11 | $4,610 | 6.500% | — | 30 | +$194 | |
| 12 | $5,317 | 6.875% | — | 4 | +$901 | |
| 13 | $5,457 | 6.500% | — | 7 | +$1,041 | |
| 14 | $5,620 | 6.625% | — | 17 | +$1,204 | |
| 15 | $6,215 | 6.500% | — | 9 | +$1,799 | |
| 16 | $6,664 | 6.375% | — | 3 | +$2,248 | |
| 17 | $6,934 | 6.125% | — | 13 | +$2,518 | |
| 18 | $7,769 | 6.625% | — | 3 | +$3,353 | |
| 19 | $8,516 | 6.625% | — | 2 | +$4,100 | |
| 20 | $8,674 | 6.500% | — | 18 | +$4,258 |
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 | Southern First Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $345,000 | $335,000 | +$10,000 (+3.0%) |
| Median total closing costs | $4,416 | $7,127 | −$2,711 (−38.0%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.