T2 Financial · South Carolina · 2025

T2 Financial in South Carolina: approval rate, denial rate and rates (2025)

T2 Financial took 791 mortgage applications in South Carolina in 2025, ranking #74 of 1,143 lenders active in the state. It originated 74.8% of them and denied 9.0% (10.0% of the applications it decided), against a statewide denial rate of 18.3%.

791Applicationsin SC
10.0%Decision denial ratestate 23.5%
6.75%Median ratestate 6.50%
$235,000Median loanstate $225,000
$171MVolume39 counties

T2 Financial in South Carolina vs the state

9.0%Denial rate-9.33 pts vs state
10.0%Decision denial rate-13.47 pts vs state
74.8%Origination rate+18.23 pts vs state
6.75%Median rate+0.25 pts vs state
0.63Rate spread (pts)+0.41 pts vs state
$100kMedian applicant income
592Loans originated
71Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233602568.1%7.00%#108
20248516337.6%6.88%#59
20257915929.0%6.75%#74

What T2 Financial lends in South Carolina

By loan purpose

Home purchase 718 91% · 8.6% denied
Refinance 22 3% · 13.6% denied
Cash-out refinance 33 4% · 12.1% denied
Home improvement 4 1% · 0.0% denied
Other / HELOC 14 2% · 14.3% denied

By loan type

Conventional 501 63% · 6.8% denied
FHA 220 28% · 14.1% denied
VA 57 7% · 8.8% denied
USDA / RHS 13 2% · 7.7% denied

Why it denied South Carolina applicants

Debt-to-income ratio 19 27%
Other 14 20%
Collateral 11 15%
Incomplete application 8 11%
Insufficient cash 7 10%
Unverifiable information 7 10%
Credit history 5 7%

Where in South Carolina

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 47636636 7.6%
Beaufort County 59541 1.7%
Marion County 23164 17.4%
Anderson County 22161 4.5%
Greenville County 20161 5.0%
Georgetown County 19161 5.3%
Spartanburg County 17114 23.5%
Oconee County 1474 28.6%
Laurens County 1354 30.8%
Dorchester County 12101 8.3%

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: 791 applications in 2025, of which 592 were originated and 71 denied.

9.0% of all applications, or 10.0% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans T2 Financial originated in South Carolina in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are T2 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