Dorchester County, South Carolina · 2025

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

404 lenders acted on 9,940 mortgage applications for properties in Dorchester County in 2025. 17.0% were denied (South Carolina: 18.3%). Median rate on closed loans 6.49%; median loan $285,000; median property value $385,000.

9.9kApplications
17.0%Denial ratestate 18.3%
6.49%Median ratestate 6.50%
$285,000Median loan
$385,000Median property value

Largest lenders in Dorchester County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Lennar Mortgage A 676460 8.3%6.13%
2 Rocket Mortgage C 539414 13.0%6.63%
3 Navy Federal Credit Union D 493237 19.5%7.75%
4 United Shore Financial Services B 406285 13.1%6.00%
5 Vanderbilt Mortgage and Finance F 39889 49.5%6.13%
6 Freedom Mortgage B 346148 5.8%6.00%
7 Mortgage Research Center C 300123 17.3%6.13%
8 Pennymac Loan Services C 21198 10.0%6.13%
9 South Carolina Federal Credit Union F 193113 9.8%8.13%
10 21st Mortgage F 18439 42.9%10.34%
11 Carolina One Mortgage B 180121 2.2%6.50%
12 Newrez D 17561 18.3%6.74%
13 Movement Mortgage A 166128 2.4%6.13%
14 Bank of America F 16159 41.0%6.49%
15 Crosscountry Mortgage B 15991 3.1%6.74%
16 CMG Mortgage A 158111 7.0%6.50%
17 First-Citizens Bank & Trust B 157101 21.7%6.35%
18 Lower C 141100 11.4%6.50%
19 SouthState Bank B 13169 35.1%7.15%
20 Ameris Bank B 12887 10.2%6.38%
21 New Day Financial F 11411 29.8%7.01%
22 Broker Solutions D 11445 5.3%6.63%
23 Direct Mortgage Loans B 10682 0.9%6.25%
24 Loandepot.Com D 9959 18.2%6.63%
25 Spring Eq D 9129 50.6%9.48%

Best approval odds in Dorchester County

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

What Dorchester County borrowers applied for

By loan purpose

Home purchase 5,312 53% · 12.7% denied
Refinance 1,481 15% · 12.4% denied
Cash-out refinance 1,764 18% · 21.0% denied
Home improvement 614 6% · 33.7% denied
Other / HELOC 769 8% · 32.5% denied

By loan type

Conventional 5,780 58% · 20.5% denied
FHA 1,889 19% · 13.6% denied
VA 2,256 23% · 11.1% denied
USDA / RHS 15 0% · 6.7% denied

Why applications were denied

Debt-to-income ratio 519 31%
Credit history 513 30%
Incomplete application 222 13%
Collateral 145 9%
Other 114 7%
Unverifiable information 110 7%
Insufficient cash 40 2%
Employment history 21 1%
Mortgage insurance denied 1 0%

Dorchester County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20238,5104,78819.2%6.63%$245,000
20249,1585,23216.7%6.63%$265,000
20259,9405,50817.0%6.49%$285,000

Frequently asked questions

17.0% of applications in Dorchester County were denied in 2025, against 18.3% statewide in South Carolina.

Lennar Mortgage, with 676 applications in 2025 and a denial rate of 8.3%.

The median mortgage application in Dorchester County in 2025 was for $285,000; the median property value on originated loans was $385,000.