Presidential Bank · South Carolina · 2025

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

Presidential Bank took 150 mortgage applications in South Carolina in 2025, ranking #209 of 1,143 lenders active in the state. It originated 73.3% of them and denied 7.3% (9.1% of the applications it decided), against a statewide denial rate of 18.3%.

150Applicationsin SC
9.1%Decision denial ratestate 23.5%
6.50%Median ratestate 6.50%
$275,000Median loanstate $225,000
$41MVolume23 counties

Presidential Bank in South Carolina vs the state

7.3%Denial rate-10.98 pts vs state
9.1%Decision denial rate-14.38 pts vs state
73.3%Origination rate+16.72 pts vs state
6.50%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.10 pts vs state
$104kMedian applicant income
110Loans originated
11Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328233.6%6.99%#382
2024103772.9%6.63%#242
20251501107.3%6.50%#209

What Presidential Bank lends in South Carolina

By loan purpose

Home purchase 138 92% · 5.8% denied
Refinance 8 5% · 12.5% denied
Cash-out refinance 4 3% · 50.0% denied

By loan type

Conventional 85 57% · 4.7% denied
FHA 43 29% · 11.6% denied
VA 15 10% · 6.7% denied
USDA / RHS 7 5% · 14.3% denied

Why it denied South Carolina applicants

Debt-to-income ratio 4 36%
Other 2 18%
Credit history 2 18%
Insufficient cash 1 9%
Incomplete application 1 9%
Collateral 1 9%

Where in South Carolina

Counties with the most Presidential Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greenville County 33251 3.0%
Spartanburg County 21155 23.8%
Beaufort County 16121 6.3%
Berkeley County 1283 25.0%
Dorchester County 860 0.0%
Jasper County 750 0.0%
Laurens County 650 0.0%
York County 540 0.0%
Horry County 540 0.0%
Cherokee County 540 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: 150 applications in 2025, of which 110 were originated and 11 denied.

7.3% of all applications, or 9.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

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

About this data. Figures are Presidential 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