First Reliance Bank · South Carolina · 2025

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

First Reliance Bank took 1,118 mortgage applications in South Carolina in 2025, ranking #53 of 1,143 lenders active in the state. It originated 81.3% of them and denied 4.3% (5.0% of the applications it decided), against a statewide denial rate of 18.3%.

1.1kApplicationsin SC
5.0%Decision denial ratestate 23.5%
6.63%Median ratestate 6.50%
$275,000Median loanstate $225,000
$327MVolume31 counties

First Reliance Bank in South Carolina vs the state

4.3%Denial rate-14.02 pts vs state
5.0%Decision denial rate-18.45 pts vs state
81.3%Origination rate+24.70 pts vs state
6.63%Median rate+0.13 pts vs state
0.13Rate spread (pts)-0.09 pts vs state
$120kMedian applicant income
909Loans originated
48Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237986656.1%6.63%#60
20249517974.6%6.63%#56
20251,1189094.3%6.63%#53

What First Reliance Bank lends in South Carolina

By loan purpose

Home purchase 890 80% · 3.6% denied
Refinance 115 10% · 6.1% denied
Cash-out refinance 75 7% · 10.7% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 35 3% · 2.9% denied

By loan type

Conventional 1,000 89% · 3.7% denied
FHA 64 6% · 12.5% denied
VA 42 4% · 4.8% denied
USDA / RHS 12 1% · 8.3% denied

Why it denied South Carolina applicants

Debt-to-income ratio 14 29%
Collateral 12 25%
Other 12 25%
Employment history 3 6%
Unverifiable information 3 6%
Incomplete application 2 4%
Credit history 1 2%
Insufficient cash 1 2%

Where in South Carolina

Counties with the most First Reliance Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greenville County 1961619 4.6%
Florence County 16311614 8.6%
Richland County 1441233 2.1%
Charleston County 125981 0.8%
Horry County 1191046 5.0%
Lexington County 112934 3.6%
Spartanburg County 42371 2.4%
Anderson County 38351 2.6%
Berkeley County 23171 4.3%
Darlington County 22163 13.6%

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: 1,118 applications in 2025, of which 909 were originated and 48 denied.

4.3% of all applications, or 5.0% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans First Reliance Bank originated in South Carolina in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are First Reliance 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