American Financing · South Carolina · 2025

American Financing in South Carolina: approval rate, denial rate and rates (2025)

American Financing took 460 mortgage applications in South Carolina in 2025, ranking #105 of 1,143 lenders active in the state. It originated 18.3% of them and denied 47.4% (64.5% of the applications it decided), against a statewide denial rate of 18.3%.

460Applicationsin SC
64.5%Decision denial ratestate 23.5%
5.99%Median ratestate 6.50%
$215,000Median loanstate $225,000
$19MVolume42 counties

American Financing in South Carolina vs the state

47.4%Denial rate+29.08 pts vs state
64.5%Decision denial rate+41.03 pts vs state
18.3%Origination rate-38.35 pts vs state
5.99%Median rate-0.51 pts vs state
0.25Rate spread (pts)+0.03 pts vs state
$79kMedian applicant income
84Loans originated
218Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232916140.6%6.50%#121
20244107853.9%5.99%#100
20254608447.4%5.99%#105

What American Financing lends in South Carolina

By loan purpose

Home purchase 24 5% · 0.0% denied
Refinance 123 27% · 69.9% denied
Cash-out refinance 274 60% · 45.3% denied
Other / HELOC 39 8% · 20.5% denied

By loan type

Conventional 168 37% · 33.3% denied
FHA 254 55% · 54.3% denied
VA 38 8% · 63.2% denied

Why it denied South Carolina applicants

Other 77 35%
Credit history 74 34%
Debt-to-income ratio 35 16%
Collateral 16 7%
Incomplete application 8 4%
Unverifiable information 7 3%
Insufficient cash 1 0%

Where in South Carolina

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 44925 56.8%
Greenville County 41719 46.3%
Lexington County 36810 27.8%
Spartanburg County 34321 61.8%
York County 29713 44.8%
Charleston County 28215 53.6%
Berkeley County 28316 57.1%
Richland County 26611 42.3%
Pickens County 2037 35.0%
Dorchester County 2049 45.0%

Other large lenders in South Carolina

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 13,40316.8%6.63%
Vanderbilt Mortgage and FinanceF 12,27240.7%6.50%
United Shore Financial ServicesB 9,23612.8%6.13%
21st MortgageF 6,51048.2%10.41%
Dhi Mortgage CompanyB 6,18417.4%4.99%
Navy Federal Credit UnionD 5,42421.2%7.50%
First-Citizens Bank & TrustB 5,39920.9%6.38%
Freedom MortgageB 5,2967.3%6.25%
Mortgage Research CenterC 5,18919.1%6.25%
Bank of AmericaF 5,00933.1%6.24%

Frequently asked questions

South Carolina: 460 applications in 2025, of which 84 were originated and 218 denied.

47.4% of all applications, or 64.5% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans American Financing originated in South Carolina in 2025 was 5.99%, against a statewide median of 6.50%.

About this data. Figures are American Financing's own HMDA filing for properties located in South Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology