Norwich Commercial Group · South Carolina · 2025

Norwich Commercial Group in South Carolina: approval rate, denial rate and rates (2025)

Norwich Commercial Group took 49 mortgage applications in South Carolina in 2025, ranking #342 of 1,143 lenders active in the state. It originated 38.8% of them and denied 10.2% (20.8% of the applications it decided), against a statewide denial rate of 18.3%.

49Applicationsin SC
20.8%Decision denial ratestate 23.5%
6.13%Median ratestate 6.50%
$355,000Median loanstate $225,000
$8.0MVolume16 counties

Norwich Commercial Group in South Carolina vs the state

10.2%Denial rate-8.11 pts vs state
20.8%Decision denial rate-2.64 pts vs state
38.8%Origination rate-17.83 pts vs state
6.13%Median rate-0.38 pts vs state
-0.37Rate spread (pts)-0.59 pts vs state
$122kMedian applicant income
19Loans originated
5Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023552916.4%6.75%#311
202444259.1%6.25%#342
2025491910.2%6.13%#342

What Norwich Commercial Group lends in South Carolina

By loan purpose

Home purchase 27 55% · 11.1% denied
Refinance 22 45% · 9.1% denied

By loan type

Conventional 12 24% · 16.7% denied
FHA 12 24% · 8.3% denied
VA 24 49% · 8.3% denied
USDA / RHS 1 2% · 0.0% denied

Why it denied South Carolina applicants

Incomplete application 4 80%
Credit history 1 20%

Where in South Carolina

Counties with the most Norwich Commercial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charleston County 821 12.5%
Beaufort County 850 0.0%
Dorchester County 821 12.5%
Spartanburg County 623 50.0%
Berkeley County 410 0.0%
Horry County 320 0.0%
Kershaw County 200 0.0%
Orangeburg County 210 0.0%
Florence County 100 0.0%
York County 100 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: 49 applications in 2025, of which 19 were originated and 5 denied.

10.2% of all applications, or 20.8% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Norwich Commercial Group originated in South Carolina in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Norwich Commercial Group'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