Canopy Mortgage · South Carolina · 2025

Canopy Mortgage in South Carolina: approval rate, denial rate and rates (2025)

Canopy Mortgage took 170 mortgage applications in South Carolina in 2025, ranking #198 of 1,143 lenders active in the state. It originated 75.9% of them and denied 1.2% (1.5% of the applications it decided), against a statewide denial rate of 18.3%.

170Applicationsin SC
1.5%Decision denial ratestate 23.5%
6.38%Median ratestate 6.50%
$315,000Median loanstate $225,000
$43MVolume18 counties

Canopy Mortgage in South Carolina vs the state

1.2%Denial rate-17.13 pts vs state
1.5%Decision denial rate-21.94 pts vs state
75.9%Origination rate+19.27 pts vs state
6.38%Median rate-0.13 pts vs state
0.10Rate spread (pts)-0.12 pts vs state
$104kMedian applicant income
129Loans originated
2Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312325.0%7.38%#497
2024106671.9%6.25%#236
20251701291.2%6.38%#198

What Canopy Mortgage lends in South Carolina

By loan purpose

Home purchase 145 85% · 1.4% denied
Refinance 11 6% · 0.0% denied
Cash-out refinance 14 8% · 0.0% denied

By loan type

Conventional 102 60% · 1.0% denied
FHA 34 20% · 2.9% denied
VA 30 18% · 0.0% denied
USDA / RHS 4 2% · 0.0% denied

Why it denied South Carolina applicants

Collateral 1 50%
Credit history 1 50%

Where in South Carolina

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Beaufort County 57500 0.0%
Horry County 48340 0.0%
York County 24180 0.0%
Lexington County 540 0.0%
Greenville County 430 0.0%
Dillon County 420 0.0%
Richland County 430 0.0%
Dorchester County 440 0.0%
Florence County 330 0.0%
Charleston County 330 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: 170 applications in 2025, of which 129 were originated and 2 denied.

1.2% of all applications, or 1.5% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

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

About this data. Figures are Canopy Mortgage'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