Veritas Funding · South Carolina · 2025

Veritas Funding in South Carolina: approval rate, denial rate and rates (2025)

Veritas Funding took 116 mortgage applications in South Carolina in 2025, ranking #240 of 1,143 lenders active in the state. It originated 37.1% of them and denied 9.5% (19.0% of the applications it decided), against a statewide denial rate of 18.3%.

116Applicationsin SC
19.0%Decision denial ratestate 23.5%
6.13%Median ratestate 6.50%
$285,000Median loanstate $225,000
$12MVolume25 counties

Veritas Funding in South Carolina vs the state

9.5%Denial rate-8.83 pts vs state
19.0%Decision denial rate-4.50 pts vs state
37.1%Origination rate-19.54 pts vs state
6.13%Median rate-0.38 pts vs state
0.23Rate spread (pts)+0.01 pts vs state
$63kMedian applicant income
43Loans originated
11Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023108363.7%6.63%#225
2024132564.6%6.25%#210
2025116439.5%6.13%#240

What Veritas Funding lends in South Carolina

By loan purpose

Refinance 12 10% · 33.3% denied
Cash-out refinance 104 90% · 6.7% denied

By loan type

Conventional 5 4% · 20.0% denied
FHA 52 45% · 13.5% denied
VA 59 51% · 5.1% denied

Why it denied South Carolina applicants

Collateral 5 45%
Credit history 3 27%
Debt-to-income ratio 2 18%
Insufficient cash 1 9%

Where in South Carolina

Counties with the most Veritas Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Horry County 1342 15.4%
Richland County 1341 7.7%
Spartanburg County 1011 10.0%
Berkeley County 1040 0.0%
Greenville County 951 11.1%
Dorchester County 741 14.3%
Charleston County 630 0.0%
York County 630 0.0%
Lexington County 500 0.0%
Aiken County 520 0.0%

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: 116 applications in 2025, of which 43 were originated and 11 denied.

9.5% of all applications, or 19.0% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

The median rate on loans Veritas Funding originated in South Carolina in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Veritas Funding'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