New Day Financial · South Carolina · 2025

New Day Financial in South Carolina: approval rate, denial rate and rates (2025)

New Day Financial took 1,917 mortgage applications in South Carolina in 2025, ranking #29 of 1,143 lenders active in the state. It originated 17.2% of them and denied 22.9% (55.0% of the applications it decided), against a statewide denial rate of 18.3%.

1.9kApplicationsin SC
55.0%Decision denial ratestate 23.5%
6.99%Median ratestate 6.50%
$275,000Median loanstate $225,000
$96MVolume46 counties

New Day Financial in South Carolina vs the state

22.9%Denial rate+4.59 pts vs state
55.0%Decision denial rate+31.54 pts vs state
17.2%Origination rate-39.40 pts vs state
6.99%Median rate+0.49 pts vs state
0.90Rate spread (pts)+0.68 pts vs state
$74kMedian applicant income
330Loans originated
439Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,25023724.2%7.38%#40
20241,73729626.7%7.74%#31
20251,91733022.9%6.99%#29

What New Day Financial lends in South Carolina

By loan purpose

Home purchase 40 2% · 7.5% denied
Refinance 224 12% · 9.8% denied
Cash-out refinance 1,612 84% · 24.6% denied
Other / HELOC 41 2% · 43.9% denied

By loan type

Conventional 2 0% · 50.0% denied
FHA 61 3% · 44.3% denied
VA 1,854 97% · 22.2% denied

Why it denied South Carolina applicants

Credit history 236 54%
Debt-to-income ratio 151 34%
Other 26 6%
Collateral 24 5%
Unverifiable information 1 0%
Employment history 1 0%

Where in South Carolina

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 2323943 18.5%
Richland County 2113165 30.8%
Berkeley County 1232830 24.4%
Lexington County 1223020 16.4%
Greenville County 1171623 19.7%
Dorchester County 1141134 29.8%
Spartanburg County 991612 12.1%
York County 841718 21.4%
Charleston County 811610 12.3%
Beaufort County 741124 32.4%

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: 1,917 applications in 2025, of which 330 were originated and 439 denied.

22.9% of all applications, or 55.0% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans New Day Financial originated in South Carolina in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are New Day Financial'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