Metro area · SC
Lenders in Florence, SC
13 lenders made 31 multifamily loans in the Florence, SC metro area in 2024 and 2025, $31.3M in all. First Reliance Bank made the most, with 4. The typical loan was about $760K.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 13
- HMDA,
- Multifamily loans, 2024-25
- 31
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $31.3M
- HMDA,
- Typical loan
- $760K
- HMDA,
Cite this
Source: The Lender Report, Lenders in Florence, SC, https://lender.report/lenders-in/florence-sc/, data as of December 31, 2025.
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This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
|---|---|---|---|---|---|---|
| First Reliance Bank multifamily record | Bank | Florence, SC | 4 | $4.62M | 2 | 2 |
| First Bank multifamily record | Bank | Southern Pines, NC | 4 | $2.96M | 3 | 1 |
| The Bank of Clarendon multifamily record | Bank | Manning, SC | 4 | $2.92M | 3 | 1 |
| Dedicated Community Bank | Bank | Darlington, SC | 4 | $1.40M | 3 | 1 |
| The Citizens Bank multifamily record | Bank | Olanta, SC | 3 | $840K | 2 | 1 |
| Carolina Bank & Trust Co. | Bank | Lamar, SC | 2 | $1.14M | 2 | 0 |
| CBRE Multifamily Capital, Inc. multifamily record | Non-bank | Houston, TX | 1 | $3.30M | 0 | 1 |
| Schaumburg Bank & Trust Company, National Association multifamily record | Bank | Schaumburg, IL | 1 | $3.10M | 1 | 0 |
| First Capital Bank multifamily record | Bank | Charleston, SC | 1 | $1.80M | 1 | 0 |
| Pinnacle Bank multifamily record | Bank | Nashville, TN | 1 | $1.20M | 1 | 0 |
| SouthState Bank, National Association multifamily record | Bank | Winter Haven, FL | 1 | $1.00M | 1 | 0 |
| Oconee Federal Savings and Loan Association | Savings | Seneca, SC | 1 | $760K | 1 | 0 |
| First-Citizens Bank & Trust Company multifamily record | Bank | Raleigh, NC | 1 | $100K | 0 | 1 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Florence County, SC | 24 | $22.2M | 11 |
| Darlington County, SC | 5 | $5.18M | 4 |
A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.
| Loan size | Loans |
|---|---|
| Under $1M | 22 |
| $1M to $2.5M | 5 |
| $2.5M to $5M | 4 |
| $5M to $10M | 0 |
| $10M or more | 0 |
- Lenders made 31 multifamily loans totaling $31.3M in Florence, SC in 2024 and 2025. HMDA,
- 3 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
- 22 of the loans were made in 2025 and 9 in 2024. HMDA,
- The typical loan in Florence, SC was about $760K, with the middle half between $400K and $1.1M. HMDA,
- 22 of the loans were under $1M, and 0 were $5M or more. HMDA,
- Lenders reported a median rate of 6.75% on 15 loans in Florence, SC, with the middle half between 6.35% and 7.25%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 60%. HMDA,
- 29% of the loans were refinancings and 65% were purchases. HMDA,
- Banks and savings institutions made 27 of the loans, credit unions 0, and non-banks 1. HMDA,
- The five most active lenders made 61.3% of the loans. HMDA,
- The three most active lenders were First Reliance Bank with 4, First Bank with 4, and The Bank of Clarendon with 4. HMDA,
- 7 of the 13 lenders are based in South Carolina. The rest are based elsewhere, most often in North Carolina, Florida and Illinois. HMDA,
- The most common property size was 5 to 24 units, with 24 loans. HMDA,
- 2 counties in the metro area have loans on record, and Florence County, SC has the most, with 24. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the Florence, SC metro area
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.
- Order
- Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.
- As of
- 2025
- Source
- HMDA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.