Loan Funder · South Carolina · 2025

Loan Funder in South Carolina: approval rate, denial rate and rates (2025)

Loan Funder took 275 mortgage applications in South Carolina in 2025, ranking #147 of 1,143 lenders active in the state. It originated 41.8% of them and denied 13.1% (23.8% of the applications it decided), against a statewide denial rate of 18.3%.

275Applicationsin SC
23.8%Decision denial ratestate 23.5%
8.09%Median ratestate 6.50%
$185,000Median loanstate $225,000
$38MVolume29 counties

Loan Funder in South Carolina vs the state

13.1%Denial rate-5.22 pts vs state
23.8%Decision denial rate+0.37 pts vs state
41.8%Origination rate-14.79 pts vs state
8.09%Median rate+1.59 pts vs state
Rate spread (pts)
Median applicant income
115Loans originated
36Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023103573.9%10.99%#229
20243931938.4%11.25%#103
202527511513.1%8.09%#147

What Loan Funder lends in South Carolina

By loan purpose

Home purchase 157 57% · 14.0% denied
Refinance 39 14% · 7.7% denied
Cash-out refinance 79 29% · 13.9% denied

By loan type

Conventional 275 100% · 13.1% denied

Why it denied South Carolina applicants

Credit history 20 56%
Collateral 8 22%
Unverifiable information 4 11%
Employment history 4 11%

Where in South Carolina

Counties with the most Loan Funder applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richland County 56214 7.1%
Greenville County 28160 0.0%
Spartanburg County 25101 4.0%
Horry County 22113 13.6%
Charleston County 1883 16.7%
York County 1551 6.7%
Anderson County 1453 21.4%
Aiken County 1232 16.7%
Greenwood County 1080 0.0%
Chester County 1042 20.0%

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: 275 applications in 2025, of which 115 were originated and 36 denied.

13.1% of all applications, or 23.8% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Loan Funder originated in South Carolina in 2025 was 8.09%, against a statewide median of 6.50%.

About this data. Figures are Loan Funder'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