Towne Mortgage · South Carolina · 2025

Towne Mortgage in South Carolina: approval rate, denial rate and rates (2025)

Towne Mortgage took 444 mortgage applications in South Carolina in 2025, ranking #109 of 1,143 lenders active in the state. It originated 79.1% of them and denied 5.2% (5.5% of the applications it decided), against a statewide denial rate of 18.3%.

444Applicationsin SC
5.5%Decision denial ratestate 23.5%
6.38%Median ratestate 6.50%
$235,000Median loanstate $225,000
$91MVolume40 counties

Towne Mortgage in South Carolina vs the state

5.2%Denial rate-13.13 pts vs state
5.5%Decision denial rate-17.97 pts vs state
79.1%Origination rate+22.44 pts vs state
6.38%Median rate-0.13 pts vs state
0.28Rate spread (pts)+0.06 pts vs state
$88kMedian applicant income
351Loans originated
23Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231821448.8%6.63%#175
20242321723.0%6.63%#159
20254443515.2%6.38%#109

What Towne Mortgage lends in South Carolina

By loan purpose

Home purchase 320 72% · 3.8% denied
Refinance 38 9% · 5.3% denied
Cash-out refinance 45 10% · 6.7% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 39 9% · 15.4% denied

By loan type

Conventional 166 37% · 7.2% denied
FHA 184 41% · 1.6% denied
VA 49 11% · 8.2% denied
USDA / RHS 45 10% · 8.9% denied

Why it denied South Carolina applicants

Debt-to-income ratio 14 61%
Other 4 17%
Collateral 2 9%
Employment history 1 4%
Incomplete application 1 4%
Credit history 1 4%

Where in South Carolina

Counties with the most Towne Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lexington County 54383 5.6%
Aiken County 42315 11.9%
Spartanburg County 39341 2.6%
Richland County 37300 0.0%
Greenville County 33263 9.1%
Anderson County 28251 3.6%
Berkeley County 19171 5.3%
York County 15130 0.0%
Orangeburg County 15101 6.7%
Charleston County 14111 7.1%

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: 444 applications in 2025, of which 351 were originated and 23 denied.

5.2% of all applications, or 5.5% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Towne Mortgage originated in South Carolina in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Towne Mortgage'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