Lower in South Carolina vs the state
7.4%Denial rate-10.89 pts vs state
9.5%Decision denial rate-13.93 pts vs state
69.7%Origination rate+13.04 pts vs state
6.63%Median rate+0.13 pts vs state
0.36Rate spread (pts)+0.14 pts vs state
$91kMedian applicant income
1,492Loans originated
159Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 447 | 331 | 11.0% | 7.00% | #92 |
| 2024 | 1,513 | 1,090 | 7.0% | 6.75% | #36 |
| 2025 | 2,142 | 1,492 | 7.4% | 6.63% | #26 |
What Lower lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Horry County | 374 | 287 | 25 | 6.7% |
| Greenville County | 265 | 212 | 18 | 6.8% |
| Berkeley County | 195 | 137 | 12 | 6.2% |
| Richland County | 156 | 90 | 21 | 13.5% |
| Spartanburg County | 152 | 100 | 10 | 6.6% |
| Lexington County | 146 | 107 | 7 | 4.8% |
| Charleston County | 144 | 88 | 5 | 3.5% |
| Dorchester County | 141 | 100 | 16 | 11.3% |
| Anderson County | 97 | 68 | 3 | 3.1% |
| York County | 53 | 31 | 8 | 15.1% |
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: 2,142 applications in 2025, of which 1,492 were originated and 159 denied.
7.4% of all applications, or 9.5% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Lower originated in South Carolina in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Lower'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