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First Community Bank

Bank|Lexington, SC|Multi-Region
Loans Originated
309
Applications
403
Volume
$115 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Average Rate Spread
+0.250%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,691
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
76.7%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance

Report Card

First Community Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
SoundIndustry Standard
VA
SoundIndustry Standard
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundMulti-Regional · 6 metro areas · 8 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$373,964
Average Borrower Income
$165,550
Average Property Value
$513,641

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Sound
Sound
24178.0%+0.224%$2,645
FHA Loans
Sound
Sound
Acceptable
Sound
3712.0%+0.590%$3,020
VA Loans
Sound
Sound
N/A
N/A
165.2%-0.127%$2,261
Jumbo Loans
Strong
Strong
N/A
Strong
144.5%+0.438%$4,273

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Acceptable
Sound
29495.1%+0.251%$2,705
Refinance
Acceptable
Acceptable
N/A
Sound
154.9%+0.233%$2,493

Geographic Coverage

Metro Areas
5
States Served
8
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

FLGANCOKSCUTVAWI

Top Metro Areas by Place Specialization Score

1
Columbia, SC, SCMSA
Volume: 134Mix: 43.37%
Place Specialization
Exceptional
2
Greenville, SCMSA
Volume: 65Mix: 21.04%
Place Specialization
Strong
3
Augusta, GA-SCMSA
Volume: 28Mix: 9.06%
Place Specialization
Strong
4
Charlotte, NC-SCMSA
Volume: 22Mix: 7.12%
Place Specialization
Sound
5
Spartanburg, SC, SCMSA
Volume: 13Mix: 4.21%
Place Specialization
Sound

Top States by Place Specialization Score

1
SCState
Volume: 273Mix: 88.35%
Place Specialization
Exceptional
2
GAState
Volume: 19Mix: 6.15%
Place Specialization
Sound
3
NCState
Volume: 12Mix: 3.88%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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