# Southern First Bank

> **Canonical URL:** https://saferate.com/lenders/southern-first-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

Southern First Bank is a bank, headquartered in Greenville, SC, serving borrowers across 7 states, with 678 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 47% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 41% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300PP6R8WIOP60124
- **Headquarters:** Greenville, SC
- **Geographic Reach:** Multi-Region
- **States Served:** 7
- **State List:** AL, GA, IN, KY, NC, SC, VA
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 53/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 59/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.256%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,969
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 678
- **Dollar Volume:** $254 million
- **Applications Received:** 1,133
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $375,295
- **Average Borrower Income:** $200,367

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (64%)
- ⭐ **VA Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 69/100 | 559 | +0.239% | $2,005 | Strong 😀 |
| FHA | 62/100 | 63 | +0.413% | $2,112 | Strong 😀 |
| VA | 62/100 | 21 | -0.122% | $612 | Strong 😀 |
| Jumbo | 74/100 | 34 | +0.544% | $1,933 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 515 loans, Score: 69/100 (Strong)
- Refinance: 44 loans, Score: 53/100 (Sound)

**FHA:**
- Purchase: 60 loans, Score: 62/100 (Strong)

**VA:**
- Purchase: 20 loans, Score: 62/100 (Strong)

**Jumbo:**
- Purchase: 24 loans, Score: 72/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 68/100 | 620 | $227M | +0.262% | Strong 😀 |
| Refinance | 56/100 | 58 | $27M | +0.183% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| SC | 517 | 0.65% | 88/100 |
| GA | 104 | 0.08% | 63/100 |
| NC | 51 | 0.03% | 54/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Greenville | SC | 395 | 100/100 |
| Atlanta | GA | 65 | 62/100 |
| Charleston | SC | 46 | 64/100 |
| Spartanburg, SC | SC | 44 | 68/100 |
| Marietta, GA | GA | 29 | 56/100 |
| Charlotte | NC-SC | 28 | 52/100 |
| Columbia, SC | SC | 23 | 54/100 |
| Non |  | 15 | 24/100 |

## Frequently Asked Questions

### What loan types does Southern First Bank offer?

Southern First Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Southern First Bank offer mortgages?

Southern First Bank offers mortgages in 7 states: AL, GA, IN, KY, NC, SC, VA.

### How competitive are Southern First Bank's mortgage rates?

Southern First Bank has a pricing score of 53/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.256% above market average.

### What type of lender is Southern First Bank?

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

### What is Southern First Bank's loan approval success rate?

Southern First Bank has a pull-through score of 59/100 (Sound). 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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/southern-first-bank

### How to Cite

> "Southern First Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/southern-first-bank

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