Finance of America Reverse in South Carolina vs the state
9.9%Denial rate-8.40 pts vs state
12.4%Decision denial rate-11.04 pts vs state
68.9%Origination rate+12.31 pts vs state
6.50%Median rate0.00 pts vs state
—Rate spread (pts)
$32kMedian applicant income
153Loans originated
22Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 182 | 124 | 15.4% | 7.68% | #176 |
| 2024 | 201 | 137 | 9.0% | 7.14% | #172 |
| 2025 | 222 | 153 | 9.9% | 6.50% | #176 |
What Finance of America Reverse lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Charleston County | 39 | 29 | 1 | 2.6% |
| Horry County | 32 | 21 | 4 | 12.5% |
| Greenville County | 23 | 16 | 2 | 8.7% |
| Beaufort County | 19 | 17 | 1 | 5.3% |
| Richland County | 12 | 7 | 3 | 25.0% |
| Florence County | 9 | 6 | 1 | 11.1% |
| Dorchester County | 8 | 4 | 3 | 37.5% |
| Spartanburg County | 8 | 6 | 1 | 12.5% |
| York County | 8 | 5 | 0 | 0.0% |
| Aiken County | 7 | 7 | 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: 222 applications in 2025, of which 153 were originated and 22 denied.
9.9% of all applications, or 12.4% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Finance of America Reverse originated in South Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Finance of America Reverse'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