Spero Financial in South Carolina vs the state
13.1%Denial rate-5.25 pts vs state
13.3%Decision denial rate-10.19 pts vs state
80.2%Origination rate+23.59 pts vs state
—Median rate
—Rate spread (pts)
$111kMedian applicant income
393Loans originated
64Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 616 | 512 | 10.6% | — | #74 |
| 2024 | 519 | 434 | 11.6% | — | #88 |
| 2025 | 490 | 393 | 13.1% | — | #99 |
What Spero Financial lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Spero Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Greenville County | 208 | 168 | 25 | 12.0% |
| Anderson County | 98 | 81 | 13 | 13.3% |
| Spartanburg County | 71 | 55 | 9 | 12.7% |
| Pickens County | 51 | 40 | 5 | 9.8% |
| Richland County | 13 | 7 | 5 | 38.5% |
| Lexington County | 9 | 7 | 2 | 22.2% |
| Laurens County | 7 | 6 | 1 | 14.3% |
| Oconee County | 6 | 5 | 1 | 16.7% |
| Kershaw County | 4 | 4 | 0 | 0.0% |
| Berkeley County | 4 | 3 | 1 | 25.0% |
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: 490 applications in 2025, of which 393 were originated and 64 denied.
13.1% of all applications, or 13.3% 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 Spero Financial'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