South Atlantic Bank · South Carolina · 2025

South Atlantic Bank in South Carolina: approval rate, denial rate and rates (2025)

South Atlantic Bank took 300 mortgage applications in South Carolina in 2025, ranking #138 of 1,143 lenders active in the state. It originated 79.3% of them and denied 4.0% (4.7% of the applications it decided), against a statewide denial rate of 18.3%.

300Applicationsin SC
4.7%Decision denial ratestate 23.5%
Median ratestate 6.50%
$345,000Median loanstate $225,000
$141MVolume12 counties

South Atlantic Bank in South Carolina vs the state

4.0%Denial rate-14.31 pts vs state
4.7%Decision denial rate-18.73 pts vs state
79.3%Origination rate+22.72 pts vs state
Median rate
Rate spread (pts)
$168kMedian applicant income
238Loans originated
12Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232501952.0%7.38%#138
20242572054.3%#145
20253002384.0%#138

What South Atlantic Bank lends in South Carolina

By loan purpose

Home purchase 198 66% · 2.5% denied
Refinance 62 21% · 3.2% denied
Cash-out refinance 28 9% · 10.7% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 9 3% · 11.1% denied

By loan type

Conventional 300 100% · 4.0% denied

Where in South Carolina

Counties with the most South Atlantic Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 1571236 3.8%
Georgetown County 51392 3.9%
Charleston County 36311 2.8%
Beaufort County 35292 5.7%
Jasper County 550 0.0%
Dorchester County 530 0.0%
Berkeley County 420 0.0%
Florence County 321 33.3%
Spartanburg County 110 0.0%
Richland County 110 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: 300 applications in 2025, of which 238 were originated and 12 denied.

4.0% of all applications, or 4.7% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are South Atlantic 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