PNC Bank · South Carolina · 2025

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

PNC Bank took 1,189 mortgage applications in South Carolina in 2025, ranking #49 of 1,143 lenders active in the state. It originated 52.5% of them and denied 27.5% (33.9% of the applications it decided), against a statewide denial rate of 18.3%.

1.2kApplicationsin SC
33.9%Decision denial ratestate 23.5%
7.52%Median ratestate 6.50%
$125,000Median loanstate $225,000
$153MVolume40 counties

PNC Bank in South Carolina vs the state

27.5%Denial rate+9.19 pts vs state
33.9%Decision denial rate+10.38 pts vs state
52.5%Origination rate-4.13 pts vs state
7.52%Median rate+1.02 pts vs state
0.38Rate spread (pts)+0.16 pts vs state
$120kMedian applicant income
624Loans originated
327Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,34372622.6%8.78%#38
20241,13459624.4%9.09%#46
20251,18962427.5%7.52%#49

What PNC Bank lends in South Carolina

By loan purpose

Home purchase 227 19% · 12.8% denied
Refinance 206 17% · 29.6% denied
Cash-out refinance 28 2% · 17.9% denied
Home improvement 407 34% · 30.2% denied
Other / HELOC 321 27% · 34.0% denied

By loan type

Conventional 1,177 99% · 27.5% denied
FHA 7 1% · 28.6% denied
VA 5 0% · 20.0% denied

Why it denied South Carolina applicants

Debt-to-income ratio 137 42%
Credit history 112 34%
Collateral 43 13%
Incomplete application 28 9%
Other 5 2%
Employment history 1 0%
Unverifiable information 1 0%

Where in South Carolina

Counties with the most PNC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 18810151 27.1%
Charleston County 18610548 25.8%
Greenville County 1185938 32.2%
Beaufort County 1045328 26.9%
York County 965926 27.1%
Berkeley County 713918 25.4%
Lancaster County 44239 20.5%
Richland County 431617 39.5%
Spartanburg County 422311 26.2%
Lexington County 37218 21.6%

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: 1,189 applications in 2025, of which 624 were originated and 327 denied.

27.5% of all applications, or 33.9% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans PNC Bank originated in South Carolina in 2025 was 7.52%, against a statewide median of 6.50%.

About this data. Figures are PNC 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