Sofi Bank in South Carolina vs the state
9.2%Denial rate-9.16 pts vs state
22.5%Decision denial rate-0.95 pts vs state
30.9%Origination rate-25.67 pts vs state
7.59%Median rate+1.09 pts vs state
1.69Rate spread (pts)+1.47 pts vs state
$127kMedian applicant income
345Loans originated
102Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 227 | 88 | 15.0% | 6.81% | #149 |
| 2024 | 384 | 188 | 12.8% | 6.63% | #105 |
| 2025 | 1,115 | 345 | 9.2% | 7.59% | #54 |
What Sofi 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 Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Greenville County | 140 | 49 | 9 | 6.4% |
| Charleston County | 121 | 44 | 10 | 8.3% |
| York County | 108 | 46 | 9 | 8.3% |
| Horry County | 106 | 25 | 17 | 16.0% |
| Richland County | 83 | 21 | 5 | 6.0% |
| Lexington County | 60 | 19 | 5 | 8.3% |
| Berkeley County | 59 | 17 | 8 | 13.6% |
| Beaufort County | 54 | 19 | 2 | 3.7% |
| Dorchester County | 50 | 16 | 6 | 12.0% |
| Spartanburg County | 48 | 12 | 5 | 10.4% |
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: 1,115 applications in 2025, of which 345 were originated and 102 denied.
9.2% of all applications, or 22.5% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Sofi Bank originated in South Carolina in 2025 was 7.59%, against a statewide median of 6.50%.
About this data. Figures are Sofi 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