CPM Federal Credit Union · South Carolina · 2025

CPM Federal Credit Union in South Carolina: approval rate, denial rate and rates (2025)

CPM Federal Credit Union took 852 mortgage applications in South Carolina in 2025, ranking #68 of 1,143 lenders active in the state. It originated 68.1% of them and denied 16.3% (19.3% of the applications it decided), against a statewide denial rate of 18.3%.

852Applicationsin SC
19.3%Decision denial ratestate 23.5%
7.74%Median ratestate 6.50%
$105,000Median loanstate $225,000
$78MVolume27 counties

CPM Federal Credit Union in South Carolina vs the state

16.3%Denial rate-2.00 pts vs state
19.3%Decision denial rate-4.22 pts vs state
68.1%Origination rate+11.47 pts vs state
7.74%Median rate+1.24 pts vs state
1.56Rate spread (pts)+1.34 pts vs state
$92kMedian applicant income
580Loans originated
139Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202368242719.4%8.74%#67
202474750116.5%8.74%#68
202585258016.3%7.74%#68

What CPM Federal Credit Union lends in South Carolina

By loan purpose

Home purchase 130 15% · 15.4% denied
Refinance 77 9% · 9.1% denied
Cash-out refinance 78 9% · 14.1% denied
Home improvement 265 31% · 17.7% denied
Other / HELOC 302 35% · 17.9% denied

By loan type

Conventional 852 100% · 16.3% denied

Why it denied South Carolina applicants

Debt-to-income ratio 41 29%
Other 37 27%
Credit history 36 26%
Collateral 11 8%
Unverifiable information 10 7%
Employment history 3 2%
Incomplete application 1 1%

Where in South Carolina

Counties with the most CPM Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greenville County 26318739 14.8%
Beaufort County 18012728 15.6%
Spartanburg County 1429721 14.8%
Orangeburg County 39219 23.1%
Jasper County 31231 3.2%
Charleston County 30188 26.7%
Berkeley County 30245 16.7%
Anderson County 30233 10.0%
Pickens County 24136 25.0%
Laurens County 21163 14.3%

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: 852 applications in 2025, of which 580 were originated and 139 denied.

16.3% of all applications, or 19.3% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans CPM Federal Credit Union originated in South Carolina in 2025 was 7.74%, against a statewide median of 6.50%.

About this data. Figures are CPM Federal Credit Union'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