OCMBC · South Carolina · 2025

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

OCMBC took 229 mortgage applications in South Carolina in 2025, ranking #172 of 1,143 lenders active in the state. It originated 53.7% of them and denied 12.2% (15.9% of the applications it decided), against a statewide denial rate of 18.3%.

229Applicationsin SC
15.9%Decision denial ratestate 23.5%
7.00%Median ratestate 6.50%
$235,000Median loanstate $225,000
$39MVolume26 counties

OCMBC in South Carolina vs the state

12.2%Denial rate-6.08 pts vs state
15.9%Decision denial rate-7.56 pts vs state
53.7%Origination rate-2.90 pts vs state
7.00%Median rate+0.50 pts vs state
0.93Rate spread (pts)+0.71 pts vs state
$126kMedian applicant income
123Loans originated
28Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231416019.9%8.63%#205
202419910221.6%8.00%#175
202522912312.2%7.00%#172

What OCMBC lends in South Carolina

By loan purpose

Home purchase 141 62% · 11.4% denied
Refinance 20 9% · 25.0% denied
Cash-out refinance 68 30% · 10.3% denied

By loan type

Conventional 200 87% · 12.0% denied
FHA 25 11% · 16.0% denied
VA 4 2% · 0.0% denied

Why it denied South Carolina applicants

Credit history 8 29%
Other 7 25%
Incomplete application 5 18%
Collateral 3 11%
Debt-to-income ratio 3 11%
Unverifiable information 2 7%

Where in South Carolina

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 35225 14.3%
Richland County 22152 9.1%
Charleston County 2071 5.0%
Greenville County 1565 33.3%
Spartanburg County 1481 7.1%
Berkeley County 1337 53.8%
Lexington County 13102 15.4%
Beaufort County 1172 18.2%
Lancaster County 1141 9.1%
Orangeburg County 950 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: 229 applications in 2025, of which 123 were originated and 28 denied.

12.2% of all applications, or 15.9% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans OCMBC originated in South Carolina in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are OCMBC'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