SouthState Bank · South Carolina · 2025

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

SouthState Bank took 4,350 mortgage applications in South Carolina in 2025, ranking #13 of 1,143 lenders active in the state. It originated 64.7% of them and denied 21.6% (24.4% of the applications it decided), against a statewide denial rate of 18.3%.

4.4kApplicationsin SC
24.4%Decision denial ratestate 23.5%
6.85%Median ratestate 6.50%
$175,000Median loanstate $225,000
$888MVolume46 counties

SouthState Bank in South Carolina vs the state

21.6%Denial rate+3.28 pts vs state
24.4%Decision denial rate+0.91 pts vs state
64.7%Origination rate+8.13 pts vs state
6.85%Median rate+0.35 pts vs state
0.32Rate spread (pts)+0.10 pts vs state
$114kMedian applicant income
2,816Loans originated
939Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,2403,30921.4%7.06%#9
20244,4992,80422.9%7.25%#10
20254,3502,81621.6%6.85%#13

What SouthState Bank lends in South Carolina

By loan purpose

Home purchase 1,735 40% · 12.3% denied
Refinance 547 13% · 19.7% denied
Cash-out refinance 129 3% · 15.5% denied
Home improvement 1,407 32% · 29.4% denied
Other / HELOC 532 12% · 34.4% denied

By loan type

Conventional 4,119 95% · 22.2% denied
FHA 166 4% · 12.1% denied
VA 42 1% · 7.1% denied
USDA / RHS 23 1% · 13.0% denied

Why it denied South Carolina applicants

Debt-to-income ratio 498 53%
Credit history 176 19%
Incomplete application 118 13%
Collateral 92 10%
Unverifiable information 20 2%
Other 16 2%
Employment history 15 2%
Insufficient cash 4 0%

Where in South Carolina

Counties with the most SouthState Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charleston County 658426134 20.4%
Beaufort County 422256112 26.5%
Greenville County 38329245 11.7%
Horry County 32219791 28.3%
York County 30823346 14.9%
Anderson County 20615621 10.2%
Berkeley County 20511562 30.2%
Richland County 18211526 14.3%
Pickens County 17011729 17.1%
Oconee County 15410823 14.9%

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: 4,350 applications in 2025, of which 2,816 were originated and 939 denied.

21.6% of all applications, or 24.4% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans SouthState Bank originated in South Carolina in 2025 was 6.85%, against a statewide median of 6.50%.

About this data. Figures are SouthState 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