Mortgage lender · Walterboro, SC · LEI 254900QQRCPCOBBNDA41

Bank of the Lowcountry review: approval odds, rates and grade (2025)

Bank of the Lowcountry earns an A, placing it in the top fifth of small mortgage lenders. It turned down 6.6% of the applications it decided on in 2025, which ranks in the 65th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

122Applications2025
93.4%Originatedof applications
6.6%Decision denial ratenational 22.6%
Median ratenational 6.63%
$39MLoan volume2 states

Bank of the Lowcountry at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

6.6%Denial rate (all applications)-11.42 pts vs national
6.6%Denial rate (decided applications)-16.03 pts vs national
93.4%Origination rate+35.41 pts vs national
0.0%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$185,000Median loan amount
Median total loan costs
$143kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

65th6.6% denied

Processwithdrawn + incomplete share, weight 15%

95th0.0%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231081023.7%3.8%$31M
202496912.1%2.2%$42M
20251221146.6%6.6%$39M

What Bank of the Lowcountry lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 60 49% · 6.7% denied
Refinance 43 35% · 4.7% denied
Home improvement 7 6% · 14.3% denied
Other / HELOC 12 10% · 8.3% denied

By loan type

Conventional 122 100% · 6.6% denied

Also: 0 home-equity lines, 0 reverse mortgages, 31 manufactured homes, 29 investment properties.

Why Bank of the Lowcountry denies applications

Primary reason reported for each of the 8 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 7 88%
Debt-to-income ratio 1 13%

How these reasons compare nationally →

Who gets approved at Bank of the Lowcountry

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k22214.6%
$100k – $150k21204.8%
$150k – $250k25244.0%
Over $250k26260.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3428280.0%
55–64211814.3%

Where Bank of the Lowcountry lends

2 states and 13 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
South Carolina1211136.6%#236

Frequently asked questions

Bank of the Lowcountry denied 6.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 65th percentile of small mortgage lenders.

The most common reason Bank of the Lowcountry gave in 2025 was "credit history", cited on 87.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 49% of its applications were for home purchases, 35% for refinancing (including cash-out), and 16% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Bank of the Lowcountry. Data sources · Methodology