South Carolina Federal Credit Union · Florida · 2025

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

South Carolina Federal Credit Union took 7 mortgage applications in Florida in 2025, ranking #1,010 of 1,993 lenders active in the state. It originated 57.1% of them and denied 28.6% (33.3% of the applications it decided), against a statewide denial rate of 21.1%.

7Applicationsin FL
33.3%Decision denial ratestate 27.2%
6.25%Median ratestate 6.63%
$395,000Median loanstate $255,000
$1.7MVolume6 counties

South Carolina Federal Credit Union in Florida vs the state

28.6%Denial rate+7.51 pts vs state
33.3%Decision denial rate+6.09 pts vs state
57.1%Origination rate+4.45 pts vs state
6.25%Median rate-0.38 pts vs state
0.16Rate spread (pts)-0.10 pts vs state
$116kMedian applicant income
4Loans originated
2Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023630.0%7.75%#1,137
20247414.3%7.63%#1,032
20257428.6%6.25%#1,010

What South Carolina Federal Credit Union lends in Florida

By loan purpose

Home purchase 7 100% · 28.6% denied

By loan type

Conventional 7 100% · 28.6% denied

Why it denied Florida applicants

Debt-to-income ratio 1 50%
Employment history 1 50%

Where in Florida

Counties with the most South Carolina Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 211 50.0%
Brevard County 110 0.0%
Palm Beach County 110 0.0%
Jackson County 100 0.0%
Nassau County 101 100.0%
Flagler County 110 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 7 applications in 2025, of which 4 were originated and 2 denied.

28.6% of all applications, or 33.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans South Carolina Federal Credit Union originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are South Carolina Federal Credit Union's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology