Freedom Mortgage · South Carolina · 2025

Freedom Mortgage in South Carolina: approval rate, denial rate and rates (2025)

Freedom Mortgage took 5,296 mortgage applications in South Carolina in 2025, ranking #8 of 1,143 lenders active in the state. It originated 40.9% of them and denied 7.3% (12.5% of the applications it decided), against a statewide denial rate of 18.3%.

5.3kApplicationsin SC
12.5%Decision denial ratestate 23.5%
6.25%Median ratestate 6.50%
$285,000Median loanstate $225,000
$673MVolume46 counties

Freedom Mortgage in South Carolina vs the state

7.3%Denial rate-11.06 pts vs state
12.5%Decision denial rate-10.95 pts vs state
40.9%Origination rate-15.67 pts vs state
6.25%Median rate-0.25 pts vs state
-0.04Rate spread (pts)-0.26 pts vs state
$90kMedian applicant income
2,168Loans originated
384Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,47869012.9%6.75%#33
20243,6041,5959.2%6.25%#14
20255,2962,1687.3%6.25%#8

What Freedom Mortgage lends in South Carolina

By loan purpose

Home purchase 411 8% · 8.3% denied
Refinance 3,071 58% · 3.2% denied
Cash-out refinance 1,800 34% · 13.9% denied
Other / HELOC 14 0% · 7.1% denied

By loan type

Conventional 525 10% · 7.8% denied
FHA 2,082 39% · 9.7% denied
VA 2,689 51% · 5.3% denied

Why it denied South Carolina applicants

Collateral 148 39%
Credit history 94 24%
Other 54 14%
Debt-to-income ratio 47 12%
Unverifiable information 15 4%
Insufficient cash 13 3%
Incomplete application 10 3%
Employment history 3 1%

Where in South Carolina

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richland County 65025942 6.5%
Berkeley County 49023538 7.8%
Horry County 44317133 7.4%
Greenville County 39616622 5.6%
Spartanburg County 35415224 6.8%
Dorchester County 34614820 5.8%
Lexington County 34115421 6.2%
York County 29913623 7.7%
Charleston County 2528318 7.1%
Beaufort County 1906313 6.8%

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%
Mortgage Research CenterC 5,18919.1%6.25%
Bank of AmericaF 5,00933.1%6.24%
Pennymac Loan ServicesC 4,52411.3%6.25%

Frequently asked questions

South Carolina: 5,296 applications in 2025, of which 2,168 were originated and 384 denied.

7.3% of all applications, or 12.5% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

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

About this data. Figures are Freedom Mortgage'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