Rocket Mortgage · South Carolina · 2025

Rocket Mortgage in South Carolina: approval rate, denial rate and rates (2025)

Rocket Mortgage took 13,403 mortgage applications in South Carolina in 2025, ranking #1 of 1,143 lenders active in the state. It originated 72.8% of them and denied 16.8% (18.2% of the applications it decided), against a statewide denial rate of 18.3%.

13kApplicationsin SC
18.2%Decision denial ratestate 23.5%
6.63%Median ratestate 6.50%
$195,000Median loanstate $225,000
$2.3BVolume46 counties

Rocket Mortgage in South Carolina vs the state

16.8%Denial rate-1.47 pts vs state
18.2%Decision denial rate-5.27 pts vs state
72.8%Origination rate+16.21 pts vs state
6.63%Median rate+0.13 pts vs state
0.55Rate spread (pts)+0.33 pts vs state
$89kMedian applicant income
9,760Loans originated
2,257Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239,1436,69916.2%6.63%#2
202410,7618,17715.0%6.63%#2
202513,4039,76016.8%6.63%#1

What Rocket Mortgage lends in South Carolina

By loan purpose

Home purchase 3,722 28% · 12.1% denied
Refinance 2,472 18% · 18.6% denied
Cash-out refinance 6,471 48% · 18.1% denied
Home improvement 242 2% · 21.1% denied
Other / HELOC 496 4% · 25.0% denied

By loan type

Conventional 9,386 70% · 14.8% denied
FHA 2,497 19% · 25.8% denied
VA 1,520 11% · 14.9% denied

Why it denied South Carolina applicants

Collateral 913 40%
Debt-to-income ratio 443 20%
Incomplete application 432 19%
Credit history 181 8%
Insufficient cash 117 5%
Other 92 4%
Unverifiable information 60 3%
Employment history 19 1%

Where in South Carolina

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 1,401996274 19.6%
Greenville County 1,3201,028172 13.0%
York County 1,198912157 13.1%
Spartanburg County 935663172 18.4%
Charleston County 918682151 16.4%
Richland County 823569156 19.0%
Lexington County 723511129 17.8%
Berkeley County 648464102 15.7%
Anderson County 58343198 16.8%
Aiken County 54842078 14.2%

Other large lenders in South Carolina

LenderGradeApplicationsDenial rateMedian rate
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%
Pennymac Loan ServicesC 4,52411.3%6.25%

Frequently asked questions

South Carolina: 13,403 applications in 2025, of which 9,760 were originated and 2,257 denied.

16.8% of all applications, or 18.2% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

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

About this data. Figures are Rocket Mortgage'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