Schumacher Mortgage · South Carolina · 2025

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

Schumacher Mortgage took 108 mortgage applications in South Carolina in 2025, ranking #250 of 1,143 lenders active in the state. It originated 73.2% of them and denied 2.8% (3.6% of the applications it decided), against a statewide denial rate of 18.3%.

108Applicationsin SC
3.6%Decision denial ratestate 23.5%
4.99%Median ratestate 6.50%
$590,000Median loanstate $225,000
$48MVolume32 counties

Schumacher Mortgage in South Carolina vs the state

2.8%Denial rate-15.53 pts vs state
3.6%Decision denial rate-19.86 pts vs state
73.2%Origination rate+16.54 pts vs state
4.99%Median rate-1.51 pts vs state
-0.86Rate spread (pts)-1.08 pts vs state
$154kMedian applicant income
79Loans originated
3Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231531171.3%6.13%#192
202496731.0%5.88%#249
2025108792.8%4.99%#250

What Schumacher Mortgage lends in South Carolina

By loan purpose

Home purchase 95 88% · 2.1% denied
Refinance 12 11% · 8.3% denied
Cash-out refinance 1 1% · 0.0% denied

By loan type

Conventional 60 56% · 1.7% denied
FHA 20 19% · 10.0% denied
VA 28 26% · 0.0% denied

Why it denied South Carolina applicants

Incomplete application 2 67%
Credit history 1 33%

Where in South Carolina

Counties with the most Schumacher Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charleston County 11100 0.0%
Beaufort County 1081 10.0%
Greenville County 1060 0.0%
Lexington County 870 0.0%
Kershaw County 770 0.0%
Berkeley County 751 14.3%
Richland County 650 0.0%
Pickens County 520 0.0%
Spartanburg County 430 0.0%
Fairfield County 320 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: 108 applications in 2025, of which 79 were originated and 3 denied.

2.8% of all applications, or 3.6% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Schumacher Mortgage originated in South Carolina in 2025 was 4.99%, against a statewide median of 6.50%.

About this data. Figures are Schumacher 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