Network Funding · South Carolina · 2025

Network Funding in South Carolina: approval rate, denial rate and rates (2025)

Network Funding took 125 mortgage applications in South Carolina in 2025, ranking #231 of 1,143 lenders active in the state. It originated 81.6% of them and denied 6.4% (7.1% of the applications it decided), against a statewide denial rate of 18.3%.

125Applicationsin SC
7.1%Decision denial ratestate 23.5%
6.50%Median ratestate 6.50%
$225,000Median loanstate $225,000
$25MVolume13 counties

Network Funding in South Carolina vs the state

6.4%Denial rate-11.91 pts vs state
7.1%Decision denial rate-16.39 pts vs state
81.6%Origination rate+24.99 pts vs state
6.50%Median rate0.00 pts vs state
0.23Rate spread (pts)+0.01 pts vs state
$76kMedian applicant income
102Loans originated
8Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232852124.9%6.69%#124
20241491214.0%6.63%#199
20251251026.4%6.50%#231

What Network Funding lends in South Carolina

By loan purpose

Home purchase 110 88% · 1.8% denied
Refinance 7 6% · 28.6% denied
Cash-out refinance 8 6% · 50.0% denied

By loan type

Conventional 72 58% · 8.3% denied
FHA 49 39% · 4.1% denied
VA 3 2% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied South Carolina applicants

Incomplete application 2 25%
Credit history 2 25%
Debt-to-income ratio 2 25%
Collateral 1 13%
Other 1 13%

Where in South Carolina

Counties with the most Network Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greenville County 67573 4.5%
Spartanburg County 29203 10.3%
Anderson County 1082 20.0%
Pickens County 770 0.0%
Greenwood County 440 0.0%
Union County 110 0.0%
Lexington County 110 0.0%
Richland County 110 0.0%
Laurens County 110 0.0%
Oconee County 110 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: 125 applications in 2025, of which 102 were originated and 8 denied.

6.4% of all applications, or 7.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

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

About this data. Figures are Network 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