Local Government · South Carolina · 2025

Local Government in South Carolina: approval rate, denial rate and rates (2025)

Local Government took 28 mortgage applications in South Carolina in 2025, ranking #405 of 1,143 lenders active in the state. It originated 21.4% of them and denied 57.1% (72.7% of the applications it decided), against a statewide denial rate of 18.3%.

28Applicationsin SC
72.7%Decision denial ratestate 23.5%
7.63%Median ratestate 6.50%
$75,000Median loanstate $225,000
$670kVolume12 counties

Local Government in South Carolina vs the state

57.1%Denial rate+38.83 pts vs state
72.7%Decision denial rate+49.26 pts vs state
21.4%Origination rate-35.18 pts vs state
7.63%Median rate+1.13 pts vs state
0.22Rate spread (pts)0.00 pts vs state
$84kMedian applicant income
6Loans originated
16Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231056618.1%5.40%#227
2024622633.9%8.40%#297
202528657.1%7.63%#405

What Local Government lends in South Carolina

By loan purpose

Home purchase 6 21% · 66.7% denied
Refinance 1 4% · 100.0% denied
Cash-out refinance 12 43% · 58.3% denied
Home improvement 4 14% · 50.0% denied
Other / HELOC 5 18% · 40.0% denied

By loan type

Conventional 28 100% · 57.1% denied

Why it denied South Carolina applicants

Credit history 10 63%
Debt-to-income ratio 4 25%
Collateral 1 6%
Other 1 6%

Where in South Carolina

Counties with the most Local Government applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 833 37.5%
Horry County 504 80.0%
Lancaster County 312 66.7%
Cherokee County 211 50.0%
Richland County 202 100.0%
Spartanburg County 201 50.0%
Greenville County 100 0.0%
Sumter County 101 100.0%
Abbeville County 100 0.0%
Chesterfield County 101 100.0%

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: 28 applications in 2025, of which 6 were originated and 16 denied.

57.1% of all applications, or 72.7% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Local Government originated in South Carolina in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are Local Government'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