BMO Bank in South Carolina vs the state
35.7%Denial rate+17.40 pts vs state
44.1%Decision denial rate+20.65 pts vs state
42.9%Origination rate-13.75 pts vs state
7.00%Median rate+0.50 pts vs state
0.35Rate spread (pts)+0.13 pts vs state
$176kMedian applicant income
18Loans originated
15Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 59 | 29 | 27.1% | 6.88% | #304 |
| 2024 | 60 | 29 | 26.7% | 6.88% | #302 |
| 2025 | 42 | 18 | 35.7% | 7.00% | #365 |
What BMO 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 BMO Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Charleston County | 11 | 6 | 2 | 18.2% |
| Beaufort County | 5 | 4 | 0 | 0.0% |
| Horry County | 4 | 2 | 0 | 0.0% |
| Richland County | 4 | 0 | 4 | 100.0% |
| York County | 3 | 1 | 2 | 66.7% |
| Pickens County | 3 | 1 | 2 | 66.7% |
| Dorchester County | 3 | 0 | 2 | 66.7% |
| Berkeley County | 2 | 1 | 1 | 50.0% |
| Anderson County | 1 | 0 | 1 | 100.0% |
| McCormick County | 1 | 0 | 1 | 100.0% |
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: 42 applications in 2025, of which 18 were originated and 15 denied.
35.7% of all applications, or 44.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans BMO Bank originated in South Carolina in 2025 was 7.00%, against a statewide median of 6.50%.
About this data. Figures are BMO 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