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Anderson County, South Carolina · 2025

Mortgage lenders in Anderson County, SC: denial rates and top lenders (2025)

398 lenders acted on 9,361 mortgage applications for properties in Anderson County in 2025. 17.3% were denied (South Carolina: 18.3%). Median rate on closed loans 6.50%; median loan $195,000; median property value $315,000.

9.4kApplications
17.3%Denial ratestate 18.3%
6.50%Median ratestate 6.50%
$195,000Median loan
$315,000Median property value

Largest lenders in Anderson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 583431 16.8%6.63%
2 Vanderbilt Mortgage and Finance F 45765 41.4%6.99%
3 United Shore Financial Services B 343259 7.9%6.13%
4 21st Mortgage F 27651 43.8%10.14%
5 Primelending, a Plainscapital A 241193 5.0%6.25%
6 Truist Bank C 236126 36.0%6.70%
7 S. C. State Federal Credit Union A 227158 20.3%4.50%
8 SouthState Bank B 206156 10.2%6.75%
9 Loandepot.Com D 195128 25.6%4.99%
10 Mortgage Research Center C 19096 19.5%6.25%
11 Freedom Mortgage B 18274 7.1%6.25%
12 Pennymac Loan Services C 17992 15.1%6.25%
13 Bank of America F 17564 38.9%6.49%
14 First-Citizens Bank & Trust B 172122 15.1%6.25%
15 American Pacific Mortgage C 14389 7.7%6.63%
16 Dhi Mortgage Company B 13599 11.9%5.06%
17 Newrez D 13145 19.1%6.38%
18 Crosscountry Mortgage B 12979 1.6%6.75%
19 Unnamed lender 894500CFQPXSLHK0OK52 B 127103 0.0%6.75%
20 Movement Mortgage A 127101 2.4%6.63%
21 The Park National Bank C 12575 16.0%6.88%
22 Broker Solutions D 11928 4.2%6.75%
23 Navy Federal Credit Union D 11664 12.9%7.25%
24 United Community Bank B 11470 24.6%6.50%
25 Guaranteed Rate B 11277 2.7%6.50%

Best approval odds in Anderson County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Southern First Bank700.0%
2Unnamed lender 894500CFQPXSLHK0OK521030.0%
3The Peoples Bank781.3%
4Crosscountry Mortgage832.4%
5Movement Mortgage1132.7%
6Atlantic Bay Mortgage Group742.7%
7Acopia702.9%
8Guaranteed Rate813.7%
9Ameris Bank513.9%
10Lower734.1%

What Anderson County borrowers applied for

By loan purpose

Home purchase 4,817 51% · 12.6% denied
Refinance 1,321 14% · 13.9% denied
Cash-out refinance 1,565 17% · 20.8% denied
Home improvement 671 7% · 29.8% denied
Other / HELOC 987 11% · 30.2% denied

By loan type

Conventional 6,343 68% · 19.6% denied
FHA 1,916 20% · 12.4% denied
VA 955 10% · 12.6% denied
USDA / RHS 147 2% · 8.8% denied

Why applications were denied

Credit history 535 33%
Debt-to-income ratio 421 26%
Incomplete application 213 13%
Collateral 197 12%
Unverifiable information 108 7%
Other 91 6%
Insufficient cash 33 2%
Employment history 11 1%
Mortgage insurance denied 1 0%

Anderson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20237,7614,31621.3%6.75%$175,000
20248,1034,60220.6%6.75%$185,000
20259,3615,43317.3%6.50%$195,000

Frequently asked questions

17.3% of applications in Anderson County were denied in 2025, against 18.3% statewide in South Carolina.

Rocket Mortgage, with 583 applications in 2025 and a denial rate of 16.8%.

The median mortgage application in Anderson County in 2025 was for $195,000; the median property value on originated loans was $315,000.