Truist Bank · South Carolina · 2025

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

Truist Bank took 4,366 mortgage applications in South Carolina in 2025, ranking #12 of 1,143 lenders active in the state. It originated 49.9% of them and denied 34.7% (39.8% of the applications it decided), against a statewide denial rate of 18.3%.

4.4kApplicationsin SC
39.8%Decision denial ratestate 23.5%
6.60%Median ratestate 6.50%
$115,000Median loanstate $225,000
$684MVolume45 counties

Truist Bank in South Carolina vs the state

34.7%Denial rate+16.34 pts vs state
39.8%Decision denial rate+16.36 pts vs state
49.9%Origination rate-6.72 pts vs state
6.60%Median rate+0.10 pts vs state
0.00Rate spread (pts)-0.22 pts vs state
$101kMedian applicant income
2,178Loans originated
1,513Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,7002,31937.2%7.35%#11
20243,9681,82539.0%7.59%#13
20254,3662,17834.7%6.60%#12

What Truist Bank lends in South Carolina

By loan purpose

Home purchase 866 20% · 11.7% denied
Refinance 763 17% · 28.2% denied
Cash-out refinance 241 6% · 13.7% denied
Home improvement 988 23% · 46.7% denied
Other / HELOC 1,508 35% · 46.6% denied

By loan type

Conventional 4,219 97% · 35.2% denied
FHA 94 2% · 24.5% denied
VA 46 1% · 8.7% denied
USDA / RHS 7 0% · 28.6% denied

Why it denied South Carolina applicants

Incomplete application 523 35%
Debt-to-income ratio 462 31%
Credit history 345 23%
Collateral 93 6%
Other 59 4%
Unverifiable information 15 1%
Insufficient cash 14 1%
Employment history 2 0%

Where in South Carolina

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greenville County 644346202 31.4%
Horry County 551268203 36.8%
Spartanburg County 422238107 25.4%
Charleston County 373177135 36.2%
Lexington County 320159113 35.3%
Anderson County 23612685 36.0%
York County 22312466 29.6%
Richland County 2088489 42.8%
Beaufort County 1929771 37.0%
Pickens County 1599050 31.4%

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: 4,366 applications in 2025, of which 2,178 were originated and 1,513 denied.

34.7% of all applications, or 39.8% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Truist Bank originated in South Carolina in 2025 was 6.60%, against a statewide median of 6.50%.

About this data. Figures are Truist 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