Pinnacle Bank · South Carolina · 2025

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

Pinnacle Bank took 632 mortgage applications in South Carolina in 2025, ranking #84 of 1,143 lenders active in the state. It originated 66.0% of them and denied 15.0% (17.3% of the applications it decided), against a statewide denial rate of 18.3%.

632Applicationsin SC
17.3%Decision denial ratestate 23.5%
6.63%Median ratestate 6.50%
$255,000Median loanstate $225,000
$265MVolume30 counties

Pinnacle Bank in South Carolina vs the state

15.0%Denial rate-3.28 pts vs state
17.3%Decision denial rate-6.17 pts vs state
66.0%Origination rate+9.37 pts vs state
6.63%Median rate+0.13 pts vs state
0.12Rate spread (pts)-0.10 pts vs state
$119kMedian applicant income
417Loans originated
95Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369447819.2%7.88%#66
202456236317.8%7.13%#80
202563241715.0%6.63%#84

What Pinnacle Bank lends in South Carolina

By loan purpose

Home purchase 338 53% · 7.1% denied
Refinance 68 11% · 17.7% denied
Cash-out refinance 50 8% · 30.0% denied
Home improvement 130 21% · 26.2% denied
Other / HELOC 46 7% · 21.7% denied

By loan type

Conventional 606 96% · 14.9% denied
FHA 19 3% · 21.1% denied
VA 7 1% · 14.3% denied

Why it denied South Carolina applicants

Credit history 34 36%
Debt-to-income ratio 32 34%
Collateral 11 12%
Insufficient cash 7 7%
Unverifiable information 6 6%
Incomplete application 3 3%
Employment history 2 2%

Where in South Carolina

Counties with the most Pinnacle Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charleston County 22014825 11.4%
Horry County 663911 16.7%
Greenville County 654214 21.5%
Berkeley County 52377 13.5%
Dorchester County 47343 6.4%
Spartanburg County 38238 21.1%
Beaufort County 36247 19.4%
Pickens County 23175 21.7%
Anderson County 16106 37.5%
York County 1061 10.0%

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: 632 applications in 2025, of which 417 were originated and 95 denied.

15.0% of all applications, or 17.3% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Pinnacle Bank originated in South Carolina in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Pinnacle 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