First Federal Bank · South Carolina · 2025

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

First Federal Bank took 504 mortgage applications in South Carolina in 2025, ranking #97 of 1,143 lenders active in the state. It originated 66.7% of them and denied 8.7% (11.6% of the applications it decided), against a statewide denial rate of 18.3%.

504Applicationsin SC
11.6%Decision denial ratestate 23.5%
6.25%Median ratestate 6.50%
$285,000Median loanstate $225,000
$109MVolume37 counties

First Federal Bank in South Carolina vs the state

8.7%Denial rate-9.58 pts vs state
11.6%Decision denial rate-11.89 pts vs state
66.7%Origination rate+10.06 pts vs state
6.25%Median rate-0.25 pts vs state
0.05Rate spread (pts)-0.17 pts vs state
$99kMedian applicant income
336Loans originated
44Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202336825111.4%6.50%#106
20244683357.1%6.38%#94
20255043368.7%6.25%#97

What First Federal Bank lends in South Carolina

By loan purpose

Home purchase 419 83% · 7.6% denied
Refinance 50 10% · 12.0% denied
Cash-out refinance 29 6% · 13.8% denied
Home improvement 4 1% · 50.0% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 226 45% · 8.4% denied
FHA 189 38% · 10.6% denied
VA 88 17% · 5.7% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied South Carolina applicants

Debt-to-income ratio 16 36%
Credit history 8 18%
Collateral 5 11%
Incomplete application 4 9%
Insufficient cash 4 9%
Other 4 9%
Employment history 2 5%
Unverifiable information 1 2%

Where in South Carolina

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 20615011 5.3%
Lancaster County 50345 10.0%
Chester County 38285 13.2%
Richland County 27182 7.4%
Beaufort County 25155 20.0%
Charleston County 20111 5.0%
Horry County 17111 5.9%
Greenville County 1672 12.5%
Berkeley County 1171 9.1%
Anderson County 1142 18.2%

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: 504 applications in 2025, of which 336 were originated and 44 denied.

8.7% of all applications, or 11.6% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans First Federal Bank originated in South Carolina in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are First Federal 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