Largest mortgage lenders in South Carolina
By applications received in 2025. Grade is the lender's national grade.
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 13,403 | 9,760 | 16.8% | 6.63% |
| 2 | Vanderbilt Mortgage and Finance | F | 12,272 | 2,449 | 40.7% | 6.50% |
| 3 | United Shore Financial Services | B | 9,236 | 6,429 | 12.8% | 6.13% |
| 4 | 21st Mortgage | F | 6,510 | 1,207 | 48.2% | 10.41% |
| 5 | Dhi Mortgage Company | B | 6,184 | 4,153 | 17.4% | 4.99% |
| 6 | Navy Federal Credit Union | D | 5,424 | 2,487 | 21.2% | 7.50% |
| 7 | First-Citizens Bank & Trust | B | 5,399 | 3,577 | 20.9% | 6.38% |
| 8 | Freedom Mortgage | B | 5,296 | 2,168 | 7.3% | 6.25% |
| 9 | Mortgage Research Center | C | 5,189 | 2,333 | 19.1% | 6.25% |
| 10 | Bank of America | F | 5,009 | 2,119 | 33.1% | 6.24% |
| 11 | Pennymac Loan Services | C | 4,524 | 2,199 | 11.3% | 6.25% |
| 12 | Truist Bank | C | 4,366 | 2,178 | 34.7% | 6.60% |
| 13 | SouthState Bank | B | 4,350 | 2,816 | 21.6% | 6.85% |
| 14 | Movement Mortgage | A | 4,069 | 2,978 | 3.1% | 6.56% |
| 15 | Loandepot.Com | D | 4,060 | 2,670 | 22.1% | 5.99% |
| 16 | Guild Mortgage | A | 3,859 | 2,670 | 4.8% | 6.63% |
| 17 | Lennar Mortgage | A | 3,802 | 2,694 | 10.6% | 6.13% |
| 18 | Newrez | D | 3,749 | 1,334 | 18.9% | 6.50% |
| 19 | Crosscountry Mortgage | B | 3,653 | 2,233 | 4.0% | 6.63% |
| 20 | Founders Federal Credit Union | D | 2,970 | 1,849 | 21.9% | 7.50% |
| 21 | Broker Solutions | D | 2,738 | 933 | 7.4% | 6.75% |
| 22 | Ameris Bank | B | 2,512 | 1,857 | 7.8% | 6.49% |
| 23 | AmeriSave Mortgage | D | 2,254 | 673 | 57.4% | 7.88% |
| 24 | NVR Mortgage Finance | B | 2,220 | 1,514 | 21.0% | 6.13% |
| 25 | Spring Eq | D | 2,178 | 687 | 48.5% | 9.00% |
Best approval odds in South Carolina
Lowest decision denial rate among lenders that decided at least 300 South Carolina applications in 2025.
| # | Lender | Decided | Decision denial rate | Median rate |
|---|---|---|---|---|
| 1 | Unnamed lender 894500CFQPXSLHK0OK52 | 614 | 0.7% | 6.63% |
| 2 | Delmar Financial | 310 | 1.3% | 6.49% |
| 3 | Northpoint Mortgage | 477 | 1.7% | 6.63% |
| 4 | Nation One Mortgage | 369 | 1.9% | 6.50% |
| 5 | Southern First Bank | 1,068 | 2.0% | 6.88% |
| 6 | The Conway National Bank | 330 | 2.4% | — |
| 7 | Resource Financial Services | 698 | 2.6% | 6.38% |
| 8 | Acopia | 420 | 2.6% | 5.99% |
| 9 | Atlantic Coast Mortgage | 409 | 2.9% | 6.63% |
| 10 | Ark-La-Tex Financial Services, LLC. | 567 | 3.0% | 6.62% |
Lowest median rates in South Carolina
Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.
| # | Lender | Priced loans | Median rate | Denial rate |
|---|---|---|---|---|
| 1 | S. C. State Federal Credit Union | 1,081 | 4.50% | 22.5% |
| 2 | Velocio Mortgage | 416 | 4.99% | 3.7% |
| 3 | Jet Homeloans | 638 | 4.99% | 6.1% |
| 4 | Dhi Mortgage Company | 4,056 | 4.99% | 17.4% |
| 5 | Fbc Mortgage | 805 | 5.49% | 7.2% |
| 6 | Taylor Morrison Home Funding | 162 | 5.56% | 5.3% |
| 7 | Charles Schwab Bank | 105 | 5.63% | 7.0% |
| 8 | Village Capital & Investment | 382 | 5.75% | 20.5% |
| 9 | 1st Signature Lending | 191 | 5.88% | 5.3% |
| 10 | Morgan Stanley Private Bank | 171 | 5.95% | 3.4% |
What South Carolina borrowers applied for
By loan purpose
By loan type
Denial rate by applicant income
Why South Carolina applications were denied
South Carolina mortgage market by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan | Lenders |
|---|---|---|---|---|---|---|
| 2023 | 214,599 | 117,572 | 21.2% | 6.75% | $195,000 | 1,140 |
| 2024 | 227,502 | 127,482 | 19.9% | 6.75% | $205,000 | 1,116 |
| 2025 | 252,738 | 143,083 | 18.3% | 6.50% | $225,000 | 1,143 |
South Carolina counties
Counties with at least 200 applications in 2025, most active first.
Frequently asked questions
18.3% of mortgage applications in South Carolina were denied in 2025 (23.5% of applications that reached a decision). Nationally the rate was 18.0%.
Rocket Mortgage handled the most applications in South Carolina in 2025: 13,403, with a denial rate of 16.8%.
Among lenders that decided at least 300 applications in South Carolina, Unnamed lender 894500CFQPXSLHK0OK52 had the lowest decision denial rate at 0.7%.
The median interest rate on loans originated in South Carolina in 2025 was 6.50%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.