Commerce Home Mortgage in South Carolina vs the state
11.3%Denial rate-6.97 pts vs state
17.1%Decision denial rate-6.42 pts vs state
54.1%Origination rate-2.49 pts vs state
7.75%Median rate+1.25 pts vs state
1.26Rate spread (pts)+1.04 pts vs state
$148kMedian applicant income
105Loans originated
22Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 161 | 85 | 16.8% | 8.88% | #187 |
| 2024 | 106 | 57 | 14.2% | 8.38% | #235 |
| 2025 | 194 | 105 | 11.3% | 7.75% | #187 |
What Commerce Home Mortgage lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Greenville County | 29 | 16 | 2 | 6.9% |
| Horry County | 26 | 15 | 3 | 11.5% |
| Charleston County | 19 | 10 | 2 | 10.5% |
| Beaufort County | 13 | 5 | 4 | 30.8% |
| Pickens County | 11 | 5 | 1 | 9.1% |
| Anderson County | 11 | 6 | 2 | 18.2% |
| Dorchester County | 10 | 3 | 2 | 20.0% |
| Berkeley County | 10 | 8 | 1 | 10.0% |
| Lexington County | 10 | 7 | 1 | 10.0% |
| Lancaster County | 10 | 6 | 0 | 0.0% |
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: 194 applications in 2025, of which 105 were originated and 22 denied.
11.3% of all applications, or 17.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Commerce Home Mortgage originated in South Carolina in 2025 was 7.75%, against a statewide median of 6.50%.
About this data. Figures are Commerce Home 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