# Anderson Brothers Bank

> **Canonical URL:** https://saferate.com/lenders/anderson-brothers-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Anderson Brothers Bank is a bank, headquartered in Mullins, SC, serving borrowers across 2 states, with 133 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 72% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 63% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300M4GZM7GG3EIV16
- **Headquarters:** Mullins, SC
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NC, SC
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pull Through: Acceptable 🙂
- Score: 37/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.381%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,593
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 133
- **Dollar Volume:** $34 million
- **Applications Received:** 252
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $255,977
- **Average Borrower Income:** $123,226
- **Average Property Value:** $408,233

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 46/100 | 133 | +0.381% | $2,593 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 117 loans, Score: 46/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 45/100 | 117 | $31M | +0.385% | Sound ☺️ |
| Refinance | 26/100 | 16 | $3M | +0.341% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| SC | 122 | 0.15% | 75/100 |
| NC | 11 | 0.01% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Myrtle Beach | SC | 97 | 81/100 |
| Non |  | 22 | 36/100 |

## Where This Lender Ranks

Anderson Brothers Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#19** in Myrtle Beach Banks
  - [View Full Rankings](https://saferate.com/myrtle-beach/best-mortgage-lenders/banks)
- 🏆 **#19** in Myrtle Beach for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/myrtle-beach/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Anderson Brothers Bank offer?

Anderson Brothers Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Anderson Brothers Bank offer mortgages?

Anderson Brothers Bank offers mortgages in 2 states: NC, SC.

### How competitive are Anderson Brothers Bank's mortgage rates?

Anderson Brothers Bank has a pricing score of 28/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.381% above market average.

### What type of lender is Anderson Brothers Bank?

Anderson Brothers Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Mullins, SC.

### What is Anderson Brothers Bank's loan approval success rate?

Anderson Brothers Bank has a pull-through score of 37/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/anderson-brothers-bank

### How to Cite

> "Anderson Brothers Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/anderson-brothers-bank

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