Flagstar Bank in South Carolina vs the state
23.5%Denial rate+5.15 pts vs state
26.3%Decision denial rate+2.82 pts vs state
65.8%Origination rate+9.16 pts vs state
6.50%Median rate0.00 pts vs state
0.15Rate spread (pts)-0.07 pts vs state
$110kMedian applicant income
171Loans originated
61Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 900 | 510 | 25.3% | 7.13% | #53 |
| 2024 | 981 | 601 | 20.9% | 6.63% | #53 |
| 2025 | 260 | 171 | 23.5% | 6.50% | #157 |
What Flagstar Bank lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Horry County | 43 | 31 | 10 | 23.3% |
| Spartanburg County | 37 | 31 | 5 | 13.5% |
| Charleston County | 33 | 18 | 10 | 30.3% |
| Greenville County | 19 | 12 | 2 | 10.5% |
| Richland County | 14 | 8 | 5 | 35.7% |
| Lexington County | 12 | 8 | 3 | 25.0% |
| York County | 9 | 6 | 2 | 22.2% |
| Oconee County | 8 | 5 | 1 | 12.5% |
| Berkeley County | 7 | 5 | 1 | 14.3% |
| Dorchester County | 7 | 6 | 1 | 14.3% |
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: 260 applications in 2025, of which 171 were originated and 61 denied.
23.5% of all applications, or 26.3% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Flagstar Bank originated in South Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Flagstar 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