Skyla Federal Credit Union · South Carolina · 2025

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

Skyla Federal Credit Union took 130 mortgage applications in South Carolina in 2025, ranking #224 of 1,143 lenders active in the state. It originated 55.4% of them and denied 24.6% (30.2% of the applications it decided), against a statewide denial rate of 18.3%.

130Applicationsin SC
30.2%Decision denial ratestate 23.5%
7.00%Median ratestate 6.50%
$200,000Median loanstate $225,000
$19MVolume15 counties

Skyla Federal Credit Union in South Carolina vs the state

24.6%Denial rate+6.31 pts vs state
30.2%Decision denial rate+6.72 pts vs state
55.4%Origination rate-1.23 pts vs state
7.00%Median rate+0.50 pts vs state
-0.32Rate spread (pts)-0.54 pts vs state
$127kMedian applicant income
72Loans originated
32Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023997125.3%8.25%#233
20241207728.3%8.25%#224
20251307224.6%7.00%#224

What Skyla Federal Credit Union lends in South Carolina

By loan purpose

Home purchase 37 28% · 5.4% denied
Refinance 19 15% · 21.1% denied
Cash-out refinance 35 27% · 65.7% denied
Other / HELOC 39 30% · 7.7% denied

By loan type

Conventional 130 100% · 24.6% denied

Why it denied South Carolina applicants

Credit history 11 34%
Debt-to-income ratio 8 25%
Collateral 5 16%
Incomplete application 5 16%
Other 2 6%
Unverifiable information 1 3%

Where in South Carolina

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

CountyApplicationsOriginatedDeniedDenial rate
York County 623911 17.7%
Lancaster County 28178 28.6%
Chester County 824 50.0%
Spartanburg County 824 50.0%
Horry County 540 0.0%
Cherokee County 421 25.0%
Lexington County 310 0.0%
Richland County 302 66.7%
Dorchester County 211 50.0%
Charleston County 210 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: 130 applications in 2025, of which 72 were originated and 32 denied.

24.6% of all applications, or 30.2% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Skyla Federal Credit Union originated in South Carolina in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are Skyla 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