Security Federal Bank in South Carolina vs the state
8.5%Denial rate-9.82 pts vs state
11.1%Decision denial rate-12.36 pts vs state
67.5%Origination rate+10.92 pts vs state
6.43%Median rate-0.07 pts vs state
-0.02Rate spread (pts)-0.24 pts vs state
$100kMedian applicant income
183Loans originated
23Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 318 | 224 | 8.5% | 5.99% | #116 |
| 2024 | 273 | 195 | 7.7% | 6.49% | #137 |
| 2025 | 271 | 183 | 8.5% | 6.43% | #150 |
What Security Federal Bank lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Security Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Aiken County | 192 | 136 | 16 | 8.3% |
| Richland County | 21 | 9 | 3 | 14.3% |
| Edgefield County | 18 | 13 | 3 | 16.7% |
| Lexington County | 16 | 13 | 0 | 0.0% |
| Barnwell County | 7 | 3 | 1 | 14.3% |
| Newberry County | 4 | 3 | 0 | 0.0% |
| Greenwood County | 2 | 1 | 0 | 0.0% |
| McCormick County | 2 | 1 | 0 | 0.0% |
| Fairfield County | 1 | 1 | 0 | 0.0% |
| Clarendon County | 1 | 0 | 0 | 0.0% |
Other large lenders in South Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,403 | 16.8% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 12,272 | 40.7% | 6.50% |
| United Shore Financial Services | B | 9,236 | 12.8% | 6.13% |
| 21st Mortgage | F | 6,510 | 48.2% | 10.41% |
| Dhi Mortgage Company | B | 6,184 | 17.4% | 4.99% |
| Navy Federal Credit Union | D | 5,424 | 21.2% | 7.50% |
| First-Citizens Bank & Trust | B | 5,399 | 20.9% | 6.38% |
| Freedom Mortgage | B | 5,296 | 7.3% | 6.25% |
| Mortgage Research Center | C | 5,189 | 19.1% | 6.25% |
| Bank of America | F | 5,009 | 33.1% | 6.24% |
Frequently asked questions
South Carolina: 271 applications in 2025, of which 183 were originated and 23 denied.
8.5% of all applications, or 11.1% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Security Federal Bank originated in South Carolina in 2025 was 6.43%, against a statewide median of 6.50%.
About this data. Figures are Security Federal 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