Gateway First Bank in South Carolina vs the state
3.9%Denial rate-14.45 pts vs state
5.0%Decision denial rate-18.52 pts vs state
74.2%Origination rate+17.59 pts vs state
6.63%Median rate+0.13 pts vs state
0.24Rate spread (pts)+0.02 pts vs state
$112kMedian applicant income
653Loans originated
34Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 887 | 634 | 3.3% | 6.75% | #55 |
| 2024 | 791 | 557 | 4.6% | 6.88% | #64 |
| 2025 | 880 | 653 | 3.9% | 6.63% | #65 |
What Gateway First 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 Gateway First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Beaufort County | 281 | 189 | 17 | 6.0% |
| Horry County | 258 | 200 | 7 | 2.7% |
| Sumter County | 132 | 99 | 4 | 3.0% |
| Georgetown County | 92 | 75 | 0 | 0.0% |
| Jasper County | 22 | 15 | 2 | 9.1% |
| Clarendon County | 20 | 17 | 1 | 5.0% |
| Richland County | 12 | 11 | 0 | 0.0% |
| York County | 10 | 8 | 0 | 0.0% |
| Greenville County | 7 | 3 | 0 | 0.0% |
| Lexington County | 6 | 6 | 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: 880 applications in 2025, of which 653 were originated and 34 denied.
3.9% 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 Gateway First Bank originated in South Carolina in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Gateway First 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