Armed Forces Bank in South Carolina vs the state
19.6%Denial rate+1.26 pts vs state
28.1%Decision denial rate+4.66 pts vs state
47.8%Origination rate-8.78 pts vs state
5.75%Median rate-0.75 pts vs state
-0.57Rate spread (pts)-0.78 pts vs state
$143kMedian applicant income
22Loans originated
9Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 32 | 14 | 12.5% | 6.19% | #368 |
| 2024 | 39 | 22 | 18.0% | 6.06% | #359 |
| 2025 | 46 | 22 | 19.6% | 5.75% | #356 |
What Armed Forces Bank lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Richland County | 9 | 2 | 4 | 44.4% |
| Dorchester County | 8 | 4 | 1 | 12.5% |
| Horry County | 6 | 2 | 0 | 0.0% |
| Berkeley County | 5 | 1 | 2 | 40.0% |
| Beaufort County | 3 | 2 | 0 | 0.0% |
| Florence County | 2 | 1 | 1 | 50.0% |
| Kershaw County | 2 | 2 | 0 | 0.0% |
| Lexington County | 2 | 2 | 0 | 0.0% |
| Spartanburg County | 2 | 0 | 0 | 0.0% |
| Charleston County | 1 | 1 | 0 | 0.0% |
Other large lenders in South Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,403 | 16.8% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 12,272 | 40.7% | 6.50% |
| United Shore Financial Services | B | 9,236 | 12.8% | 6.13% |
| 21st Mortgage | F | 6,510 | 48.2% | 10.41% |
| Dhi Mortgage Company | B | 6,184 | 17.4% | 4.99% |
| Navy Federal Credit Union | D | 5,424 | 21.2% | 7.50% |
| First-Citizens Bank & Trust | B | 5,399 | 20.9% | 6.38% |
| Freedom Mortgage | B | 5,296 | 7.3% | 6.25% |
| Mortgage Research Center | C | 5,189 | 19.1% | 6.25% |
| Bank of America | F | 5,009 | 33.1% | 6.24% |
Frequently asked questions
South Carolina: 46 applications in 2025, of which 22 were originated and 9 denied.
19.6% of all applications, or 28.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Armed Forces Bank originated in South Carolina in 2025 was 5.75%, against a statewide median of 6.50%.
About this data. Figures are Armed Forces Bank'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