# First Piedmont Federal Savings and Loan Association of Gaffney

> **Canonical URL:** https://saferate.com/lenders/first-piedmont-federal-savings-and-loan-association-of-gaffney


> **📋 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


First Piedmont Federal Savings and Loan Association of Gaffney is a bank, headquartered in Gaffney, SC, with 88 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 82% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 61% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300JH8TVR84H1BL45
- **Headquarters:** Gaffney, SC
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** SC
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 18/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 39/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.366%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,369
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 88
- **Dollar Volume:** $24 million
- **Applications Received:** 95
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $275,455
- **Average Borrower Income:** $120,864
- **Average Property Value:** $445,568

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 42/100 | 88 | +0.366% | $3,369 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 75 loans, Score: 41/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 39/100 | 75 | $22M | +0.382% | Acceptable 🙂 |
| Refinance | 24/100 | 13 | $3M | +0.269% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| SC | 88 | 0.11% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Spartanburg, SC | SC | 52 | 78/100 |
| Non |  | 27 | 41/100 |

## Where This Lender Ranks

First Piedmont Federal Savings and Loan Association of Gaffney appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#16** in Spartanburg, SC Banks
  - [View Full Rankings](https://saferate.com/spartanburg-sc/best-mortgage-lenders/banks)
- 🏆 **#20** in Spartanburg, SC for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/spartanburg-sc/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does First Piedmont Federal Savings and Loan Association of Gaffney offer?

First Piedmont Federal Savings and Loan Association of Gaffney offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Piedmont Federal Savings and Loan Association of Gaffney offer mortgages?

First Piedmont Federal Savings and Loan Association of Gaffney offers mortgages in 1 states: SC.

### How competitive are First Piedmont Federal Savings and Loan Association of Gaffney's mortgage rates?

First Piedmont Federal Savings and Loan Association of Gaffney has a pricing score of 18/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.366% above market average.

### What type of lender is First Piedmont Federal Savings and Loan Association of Gaffney?

First Piedmont Federal Savings and Loan Association of Gaffney is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Gaffney, SC.

### What is First Piedmont Federal Savings and Loan Association of Gaffney's loan approval success rate?

First Piedmont Federal Savings and Loan Association of Gaffney has a pull-through score of 39/100 (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/first-piedmont-federal-savings-and-loan-association-of-gaffney

### How to Cite

> "First Piedmont Federal Savings and Loan Association of Gaffney Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-piedmont-federal-savings-and-loan-association-of-gaffney

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