Palmetto State Bank · South Carolina · 2025

Palmetto State Bank in South Carolina: approval rate, denial rate and rates (2025)

Palmetto State Bank took 65 mortgage applications in South Carolina in 2025, ranking #307 of 1,143 lenders active in the state. It originated 80.0% of them and denied 9.2% (9.8% of the applications it decided), against a statewide denial rate of 18.3%.

65Applicationsin SC
9.8%Decision denial ratestate 23.5%
Median ratestate 6.50%
$115,000Median loanstate $225,000
$18MVolume11 counties

Palmetto State Bank in South Carolina vs the state

9.2%Denial rate-9.08 pts vs state
9.8%Decision denial rate-13.63 pts vs state
80.0%Origination rate+23.39 pts vs state
Median rate
Rate spread (pts)
$103kMedian applicant income
52Loans originated
6Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023927512.0%10.20%#244
202489836.7%#258
202565529.2%#307

What Palmetto State Bank lends in South Carolina

By loan purpose

Home purchase 33 51% · 12.1% denied
Refinance 13 20% · 7.7% denied
Cash-out refinance 4 6% · 0.0% denied
Home improvement 10 15% · 10.0% denied
Other / HELOC 5 8% · 0.0% denied

By loan type

Conventional 65 100% · 9.2% denied

Where in South Carolina

Counties with the most Palmetto State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampton County 28253 10.7%
Beaufort County 17111 5.9%
Allendale County 632 33.3%
Jasper County 440 0.0%
Colleton County 330 0.0%
Greenville County 220 0.0%
Richland County 100 0.0%
Bamberg County 110 0.0%
Charleston County 110 0.0%
Lexington County 110 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: 65 applications in 2025, of which 52 were originated and 6 denied.

9.2% of all applications, or 9.8% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Palmetto State Bank'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