NFM · South Carolina · 2025

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

NFM took 237 mortgage applications in South Carolina in 2025, ranking #167 of 1,143 lenders active in the state. It originated 76.0% of them and denied 0.8% (1.1% of the applications it decided), against a statewide denial rate of 18.3%.

237Applicationsin SC
1.1%Decision denial ratestate 23.5%
6.75%Median ratestate 6.50%
$285,000Median loanstate $225,000
$64MVolume30 counties

NFM in South Carolina vs the state

0.8%Denial rate-17.47 pts vs state
1.1%Decision denial rate-22.39 pts vs state
76.0%Origination rate+19.34 pts vs state
6.75%Median rate+0.25 pts vs state
0.60Rate spread (pts)+0.38 pts vs state
$112kMedian applicant income
180Loans originated
2Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232001414.5%6.88%#162
20242601863.1%7.13%#143
20252371800.8%6.75%#167

What NFM lends in South Carolina

By loan purpose

Home purchase 198 84% · 1.0% denied
Refinance 15 6% · 0.0% denied
Cash-out refinance 19 8% · 0.0% denied
Other / HELOC 5 2% · 0.0% denied

By loan type

Conventional 164 69% · 1.2% denied
FHA 48 20% · 0.0% denied
VA 21 9% · 0.0% denied
USDA / RHS 4 2% · 0.0% denied

Why it denied South Carolina applicants

Collateral 2 100%

Where in South Carolina

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Spartanburg County 39340 0.0%
Horry County 33270 0.0%
Charleston County 22181 4.5%
Greenville County 22170 0.0%
Anderson County 21170 0.0%
Dorchester County 18150 0.0%
Richland County 1440 0.0%
Berkeley County 1190 0.0%
Pickens County 760 0.0%
York County 620 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: 237 applications in 2025, of which 180 were originated and 2 denied.

0.8% of all applications, or 1.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans NFM originated in South Carolina in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are NFM'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