U.S. Bank · South Carolina · 2025

U.S. Bank in South Carolina: approval rate, denial rate and rates (2025)

U.S. Bank took 592 mortgage applications in South Carolina in 2025, ranking #88 of 1,143 lenders active in the state. It originated 50.8% of them and denied 32.4% (38.6% of the applications it decided), against a statewide denial rate of 18.3%.

592Applicationsin SC
38.6%Decision denial ratestate 23.5%
6.49%Median ratestate 6.50%
$275,000Median loanstate $225,000
$173MVolume37 counties

U.S. Bank in South Carolina vs the state

32.4%Denial rate+14.12 pts vs state
38.6%Decision denial rate+15.16 pts vs state
50.8%Origination rate-5.77 pts vs state
6.49%Median rate-0.01 pts vs state
0.00Rate spread (pts)-0.22 pts vs state
$141kMedian applicant income
301Loans originated
192Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202355825932.8%6.50%#82
202453526633.3%6.63%#84
202559230132.4%6.49%#88

What U.S. Bank lends in South Carolina

By loan purpose

Home purchase 363 61% · 9.6% denied
Refinance 35 6% · 5.7% denied
Cash-out refinance 36 6% · 27.8% denied
Home improvement 84 14% · 96.4% denied
Other / HELOC 74 13% · 86.5% denied

By loan type

Conventional 561 95% · 33.3% denied
FHA 15 3% · 33.3% denied
VA 16 3% · 0.0% denied

Why it denied South Carolina applicants

Other 141 73%
Collateral 24 13%
Debt-to-income ratio 14 7%
Unverifiable information 4 2%
Insufficient cash 4 2%
Credit history 3 2%
Incomplete application 1 1%
Employment history 1 1%

Where in South Carolina

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jasper County 75661 1.3%
Charleston County 523015 28.8%
Horry County 511918 35.3%
Greenville County 40189 22.5%
York County 391418 46.2%
Beaufort County 34254 11.8%
Richland County 341312 35.3%
Spartanburg County 301411 36.7%
Berkeley County 27149 33.3%
Lexington County 261014 53.8%

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: 592 applications in 2025, of which 301 were originated and 192 denied.

32.4% of all applications, or 38.6% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans U.S. Bank originated in South Carolina in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are U.S. 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