Mortgage lender · Seneca, SC · LEI 254900HGO0ML9XQH7267

Oconee Federal Savings and Loan Association review: approval odds, rates and grade (2025)

Oconee Federal Savings and Loan Association earns a C, in line with the typical performance of small mortgage lenders. It turned down 12.0% of the applications it decided on in 2025, which ranks in the 41st percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

163Applications2025
78.5%Originatedof applications
12.0%Decision denial ratenational 22.6%
Median ratenational 6.63%
$52MLoan volume3 states

Oconee Federal Savings and Loan Association at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

11.0%Denial rate (all applications)-6.94 pts vs national
12.0%Denial rate (decided applications)-10.59 pts vs national
78.5%Origination rate+20.50 pts vs national
8.0%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$285,000Median loan amount
Median total loan costs
$132kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

41st12.0% denied

Processwithdrawn + incomplete share, weight 15%

67th8.0%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202315911813.2%14.8%$46M
2024110907.3%7.9%$36M
202516312811.0%12.0%$52M

What Oconee Federal Savings and Loan Association lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 114 70% · 12.3% denied
Refinance 34 21% · 8.8% denied
Home improvement 7 4% · 0.0% denied
Other / HELOC 8 5% · 12.5% denied

By loan type

Conventional 163 100% · 11.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 13 investment properties.

Why Oconee Federal Savings and Loan Association denies applications

Primary reason reported for each of the 18 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 11 61%
Credit history 5 28%
Collateral 2 11%

How these reasons compare nationally →

Who gets approved at Oconee Federal Savings and Loan Association

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k36306.3%
$100k – $150k443312.2%
$150k – $250k30266.9%
Over $250k292311.5%
Applicant ageApplicationsOriginatedDecision denial rate
35–44352513.3%
45–54392822.2%
55–64302414.3%

Where Oconee Federal Savings and Loan Association lends

3 states and 14 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
South Carolina13710811.0%#218
Georgia251912.0%#544

Frequently asked questions

Oconee Federal Savings and Loan Association denied 12.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 41st percentile of small mortgage lenders.

The most common reason Oconee Federal Savings and Loan Association gave in 2025 was "debt-to-income ratio", cited on 61.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 70% of its applications were for home purchases, 21% for refinancing (including cash-out), and 9% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Oconee Federal Savings and Loan Association. Data sources · Methodology