Mid-Continent Funding · South Carolina · 2025

Mid-Continent Funding in South Carolina: approval rate, denial rate and rates (2025)

Mid-Continent Funding took 67 mortgage applications in South Carolina in 2025, ranking #303 of 1,143 lenders active in the state. It originated 53.7% of them and denied 7.5% (9.1% of the applications it decided), against a statewide denial rate of 18.3%.

67Applicationsin SC
9.1%Decision denial ratestate 23.5%
6.50%Median ratestate 6.50%
$285,000Median loanstate $225,000
$12MVolume24 counties

Mid-Continent Funding in South Carolina vs the state

7.5%Denial rate-10.85 pts vs state
9.1%Decision denial rate-14.38 pts vs state
53.7%Origination rate-2.88 pts vs state
6.50%Median rate0.00 pts vs state
0.02Rate spread (pts)-0.20 pts vs state
$75kMedian applicant income
36Loans originated
5Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202365339.2%6.50%#286
202435208.6%6.13%#376
202567367.5%6.50%#303

What Mid-Continent Funding lends in South Carolina

By loan purpose

Home purchase 41 61% · 12.2% denied
Refinance 10 15% · 0.0% denied
Cash-out refinance 16 24% · 0.0% denied

By loan type

Conventional 1 1% · 0.0% denied
VA 66 99% · 7.6% denied

Why it denied South Carolina applicants

Collateral 3 60%
Debt-to-income ratio 2 40%

Where in South Carolina

Counties with the most Mid-Continent Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lexington County 641 16.7%
Spartanburg County 620 0.0%
Horry County 641 16.7%
Richland County 650 0.0%
Charleston County 530 0.0%
Pickens County 411 25.0%
Berkeley County 420 0.0%
York County 420 0.0%
Greenville County 320 0.0%
Beaufort County 320 0.0%

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: 67 applications in 2025, of which 36 were originated and 5 denied.

7.5% of all applications, or 9.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Mid-Continent Funding originated in South Carolina in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Mid-Continent Funding'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