GMFS in South Carolina vs the state
5.3%Denial rate-13.05 pts vs state
8.0%Decision denial rate-15.47 pts vs state
47.4%Origination rate-9.24 pts vs state
6.81%Median rate+0.31 pts vs state
0.38Rate spread (pts)+0.16 pts vs state
$184kMedian applicant income
18Loans originated
2Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 63 | 36 | 7.9% | 6.81% | #294 |
| 2024 | 77 | 54 | 3.9% | 6.69% | #270 |
| 2025 | 38 | 18 | 5.3% | 6.81% | #373 |
What GMFS lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most GMFS applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Beaufort County | 28 | 18 | 0 | 0.0% |
| Spartanburg County | 3 | 0 | 1 | 33.3% |
| Greenville County | 2 | 0 | 1 | 50.0% |
| Oconee County | 1 | 0 | 0 | 0.0% |
| York County | 1 | 0 | 0 | 0.0% |
| Kershaw County | 1 | 0 | 0 | 0.0% |
| Laurens County | 1 | 0 | 0 | 0.0% |
| Greenwood County | 1 | 0 | 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: 38 applications in 2025, of which 18 were originated and 2 denied.
5.3% of all applications, or 8.0% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans GMFS originated in South Carolina in 2025 was 6.81%, against a statewide median of 6.50%.
About this data. Figures are GMFS'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