Magnolia Bank in South Carolina vs the state
9.2%Denial rate-9.15 pts vs state
10.9%Decision denial rate-12.55 pts vs state
74.7%Origination rate+18.12 pts vs state
6.50%Median rate0.00 pts vs state
0.36Rate spread (pts)+0.14 pts vs state
$88kMedian applicant income
204Loans originated
25Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 210 | 152 | 10.5% | 6.50% | #157 |
| 2024 | 218 | 172 | 7.8% | 6.50% | #162 |
| 2025 | 273 | 204 | 9.2% | 6.50% | #148 |
What Magnolia 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 Magnolia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Horry County | 67 | 49 | 9 | 13.4% |
| Florence County | 50 | 44 | 0 | 0.0% |
| Richland County | 22 | 16 | 2 | 9.1% |
| Lexington County | 13 | 10 | 1 | 7.7% |
| Greenville County | 12 | 7 | 2 | 16.7% |
| Sumter County | 11 | 9 | 1 | 9.1% |
| Berkeley County | 11 | 7 | 1 | 9.1% |
| Spartanburg County | 9 | 6 | 0 | 0.0% |
| Georgetown County | 7 | 5 | 0 | 0.0% |
| York County | 7 | 5 | 1 | 14.3% |
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: 273 applications in 2025, of which 204 were originated and 25 denied.
9.2% of all applications, or 10.9% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Magnolia Bank originated in South Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Magnolia 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