Planet Home Lending · South Carolina · 2025

Planet Home Lending in South Carolina: approval rate, denial rate and rates (2025)

Planet Home Lending took 393 mortgage applications in South Carolina in 2025, ranking #121 of 1,143 lenders active in the state. It originated 72.5% of them and denied 18.6% (19.7% of the applications it decided), against a statewide denial rate of 18.3%.

393Applicationsin SC
19.7%Decision denial ratestate 23.5%
5.99%Median ratestate 6.50%
$255,000Median loanstate $225,000
$81MVolume34 counties

Planet Home Lending in South Carolina vs the state

18.6%Denial rate+0.27 pts vs state
19.7%Decision denial rate-3.79 pts vs state
72.5%Origination rate+15.91 pts vs state
5.99%Median rate-0.51 pts vs state
0.06Rate spread (pts)-0.16 pts vs state
$101kMedian applicant income
285Loans originated
73Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231188325.4%6.63%#222
202420815919.7%6.25%#167
202539328518.6%5.99%#121

What Planet Home Lending lends in South Carolina

By loan purpose

Home purchase 97 25% · 13.4% denied
Refinance 205 52% · 16.1% denied
Cash-out refinance 44 11% · 22.7% denied
Home improvement 6 2% · 66.7% denied
Other / HELOC 41 10% · 31.7% denied

By loan type

Conventional 91 23% · 24.2% denied
FHA 153 39% · 23.5% denied
VA 145 37% · 10.3% denied
USDA / RHS 4 1% · 0.0% denied

Why it denied South Carolina applicants

Incomplete application 31 42%
Credit history 17 23%
Collateral 9 12%
Debt-to-income ratio 8 11%
Other 7 10%
Employment history 1 1%

Where in South Carolina

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richland County 44329 20.5%
Lexington County 37305 13.5%
Greenville County 36277 19.4%
Horry County 33256 18.2%
Berkeley County 28243 10.7%
York County 26176 23.1%
Spartanburg County 25177 28.0%
Anderson County 20106 30.0%
Kershaw County 16105 31.3%
Dorchester County 14121 7.1%

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: 393 applications in 2025, of which 285 were originated and 73 denied.

18.6% of all applications, or 19.7% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Planet Home Lending originated in South Carolina in 2025 was 5.99%, against a statewide median of 6.50%.

About this data. Figures are Planet Home Lending'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