Cadence Bank · South Carolina · 2025

Cadence Bank in South Carolina: approval rate, denial rate and rates (2025)

Cadence Bank took 69 mortgage applications in South Carolina in 2025, ranking #298 of 1,143 lenders active in the state. It originated 75.4% of them and denied 14.5% (16.1% of the applications it decided), against a statewide denial rate of 18.3%.

69Applicationsin SC
16.1%Decision denial ratestate 23.5%
6.38%Median ratestate 6.50%
$275,000Median loanstate $225,000
$18MVolume14 counties

Cadence Bank in South Carolina vs the state

14.5%Denial rate-3.82 pts vs state
16.1%Decision denial rate-7.34 pts vs state
75.4%Origination rate+18.75 pts vs state
6.38%Median rate-0.13 pts vs state
0.12Rate spread (pts)-0.10 pts vs state
$120kMedian applicant income
52Loans originated
10Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023412814.6%6.38%#345
2024805910.0%6.50%#269
2025695214.5%6.38%#298

What Cadence Bank lends in South Carolina

By loan purpose

Home purchase 52 75% · 5.8% denied
Refinance 5 7% · 20.0% denied
Cash-out refinance 2 3% · 100.0% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 9 13% · 44.4% denied

By loan type

Conventional 38 55% · 15.8% denied
FHA 15 22% · 13.3% denied
VA 14 20% · 14.3% denied
USDA / RHS 2 3% · 0.0% denied

Why it denied South Carolina applicants

Debt-to-income ratio 3 30%
Credit history 2 20%
Incomplete application 2 20%
Other 2 20%
Collateral 1 10%

Where in South Carolina

Counties with the most Cadence Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Aiken County 36267 19.4%
Edgefield County 1391 7.7%
Greenville County 421 25.0%
Anderson County 431 25.0%
Beaufort County 330 0.0%
Union County 110 0.0%
Horry County 110 0.0%
Greenwood County 110 0.0%
Spartanburg County 110 0.0%
York County 110 0.0%

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: 69 applications in 2025, of which 52 were originated and 10 denied.

14.5% of all applications, or 16.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Cadence Bank originated in South Carolina in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Cadence 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