Direct Mortgage Loans in South Carolina vs the state
2.4%Denial rate-15.90 pts vs state
2.9%Decision denial rate-20.61 pts vs state
70.5%Origination rate+13.87 pts vs state
6.50%Median rate0.00 pts vs state
0.27Rate spread (pts)+0.05 pts vs state
$106kMedian applicant income
234Loans originated
8Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 166 | 120 | 0.6% | 6.88% | #184 |
| 2024 | 345 | 271 | 0.6% | 6.50% | #115 |
| 2025 | 332 | 234 | 2.4% | 6.50% | #130 |
What Direct Mortgage Loans lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Direct Mortgage Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Charleston County | 107 | 68 | 4 | 3.7% |
| Dorchester County | 106 | 82 | 1 | 0.9% |
| Berkeley County | 70 | 52 | 0 | 0.0% |
| Horry County | 8 | 6 | 1 | 12.5% |
| Lexington County | 7 | 5 | 0 | 0.0% |
| Florence County | 4 | 1 | 0 | 0.0% |
| Richland County | 4 | 2 | 1 | 25.0% |
| Beaufort County | 4 | 4 | 0 | 0.0% |
| Aiken County | 3 | 1 | 0 | 0.0% |
| Clarendon County | 2 | 1 | 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: 332 applications in 2025, of which 234 were originated and 8 denied.
2.4% of all applications, or 2.9% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Direct Mortgage Loans originated in South Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Direct Mortgage Loans'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