Citizens Bank · South Carolina · 2025

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

Citizens Bank took 1,040 mortgage applications in South Carolina in 2025, ranking #57 of 1,143 lenders active in the state. It originated 58.0% of them and denied 26.6% (31.1% of the applications it decided), against a statewide denial rate of 18.3%.

1.0kApplicationsin SC
31.1%Decision denial ratestate 23.5%
7.40%Median ratestate 6.50%
$125,000Median loanstate $225,000
$129MVolume39 counties

Citizens Bank in South Carolina vs the state

26.6%Denial rate+8.32 pts vs state
31.1%Decision denial rate+7.58 pts vs state
58.0%Origination rate+1.37 pts vs state
7.40%Median rate+0.90 pts vs state
0.31Rate spread (pts)+0.09 pts vs state
$110kMedian applicant income
603Loans originated
277Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,22458838.9%8.25%#41
202478441032.1%8.90%#65
20251,04060326.6%7.40%#57

What Citizens Bank lends in South Carolina

By loan purpose

Home purchase 117 11% · 19.7% denied
Refinance 165 16% · 24.9% denied
Cash-out refinance 27 3% · 29.6% denied
Home improvement 346 33% · 23.4% denied
Other / HELOC 385 37% · 32.2% denied

By loan type

Conventional 1,020 98% · 26.7% denied
FHA 11 1% · 36.4% denied
VA 9 1% · 11.1% denied

Why it denied South Carolina applicants

Debt-to-income ratio 162 58%
Collateral 66 24%
Other 19 7%
Credit history 18 6%
Employment history 5 2%
Unverifiable information 5 2%
Insufficient cash 1 0%
Incomplete application 1 0%

Where in South Carolina

Counties with the most Citizens Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 1588350 31.6%
Charleston County 1559732 20.6%
Greenville County 1347534 25.4%
Beaufort County 805022 27.5%
York County 714420 28.2%
Berkeley County 553411 20.0%
Spartanburg County 442810 22.7%
Lexington County 392210 25.6%
Aiken County 392114 35.9%
Dorchester County 351811 31.4%

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: 1,040 applications in 2025, of which 603 were originated and 277 denied.

26.6% of all applications, or 31.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Citizens Bank originated in South Carolina in 2025 was 7.40%, against a statewide median of 6.50%.

About this data. Figures are Citizens 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