Waterstone Mortgage · South Carolina · 2025

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

Waterstone Mortgage took 77 mortgage applications in South Carolina in 2025, ranking #286 of 1,143 lenders active in the state. It originated 68.8% of them and denied 2.6% (3.6% of the applications it decided), against a statewide denial rate of 18.3%.

77Applicationsin SC
3.6%Decision denial ratestate 23.5%
6.75%Median ratestate 6.50%
$245,000Median loanstate $225,000
$14MVolume17 counties

Waterstone Mortgage in South Carolina vs the state

2.6%Denial rate-15.71 pts vs state
3.6%Decision denial rate-19.83 pts vs state
68.8%Origination rate+12.22 pts vs state
6.75%Median rate+0.25 pts vs state
0.45Rate spread (pts)+0.23 pts vs state
$82kMedian applicant income
53Loans originated
2Denied

Trend in South Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202381651.2%7.13%#256
20241501064.7%6.99%#198
202577532.6%6.75%#286

What Waterstone Mortgage lends in South Carolina

By loan purpose

Home purchase 71 92% · 2.8% denied
Refinance 4 5% · 0.0% denied
Cash-out refinance 2 3% · 0.0% denied

By loan type

Conventional 54 70% · 1.9% denied
FHA 14 18% · 7.1% denied
VA 7 9% · 0.0% denied
USDA / RHS 2 3% · 0.0% denied

Why it denied South Carolina applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in South Carolina

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anderson County 11101 9.1%
Greenwood County 960 0.0%
Spartanburg County 980 0.0%
Richland County 960 0.0%
Horry County 831 12.5%
Greenville County 870 0.0%
Laurens County 640 0.0%
Pickens County 420 0.0%
York County 220 0.0%
Berkeley County 210 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: 77 applications in 2025, of which 53 were originated and 2 denied.

2.6% of all applications, or 3.6% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.

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

About this data. Figures are Waterstone 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