Safe Federal Credit Union · South Carolina · 2025

Safe Federal Credit Union in South Carolina: approval rate, denial rate and rates (2025)

Safe Federal Credit Union took 963 mortgage applications in South Carolina in 2025, ranking #61 of 1,143 lenders active in the state. It originated 64.4% of them and denied 20.3% (21.3% of the applications it decided), against a statewide denial rate of 18.3%.

963Applicationsin SC
21.3%Decision denial ratestate 23.5%
6.50%Median ratestate 6.50%
$135,000Median loanstate $225,000
$114MVolume31 counties

Safe Federal Credit Union in South Carolina vs the state

20.3%Denial rate+1.94 pts vs state
21.3%Decision denial rate-2.18 pts vs state
64.4%Origination rate+7.77 pts vs state
6.50%Median rate0.00 pts vs state
0.42Rate spread (pts)+0.20 pts vs state
$87kMedian applicant income
620Loans originated
195Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,43270129.0%6.63%#34
20241,24267923.4%6.63%#45
202596362020.3%6.50%#61

What Safe Federal Credit Union lends in South Carolina

By loan purpose

Home purchase 231 24% · 7.8% denied
Refinance 44 5% · 40.9% denied
Cash-out refinance 398 41% · 26.1% denied
Home improvement 164 17% · 20.1% denied
Other / HELOC 126 13% · 17.5% denied

By loan type

Conventional 963 100% · 20.3% denied

Why it denied South Carolina applicants

Debt-to-income ratio 63 32%
Credit history 50 26%
Incomplete application 49 25%
Collateral 30 15%
Insufficient cash 2 1%
Employment history 1 1%

Where in South Carolina

Counties with the most Safe Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sumter County 26316752 19.8%
Lexington County 19614230 15.3%
Richland County 1418730 21.3%
Kershaw County 835319 22.9%
Florence County 603713 21.7%
Clarendon County 533113 24.5%
Lee County 24166 25.0%
Darlington County 19134 21.1%
Chesterfield County 1291 8.3%
Horry County 1182 18.2%

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: 963 applications in 2025, of which 620 were originated and 195 denied.

20.3% of all applications, or 21.3% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Safe Federal Credit Union originated in South Carolina in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Safe Federal Credit Union'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