Newberry County, South Carolina · 2025

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

176 lenders acted on 1,230 mortgage applications for properties in Newberry County in 2025. 21.6% were denied (South Carolina: 18.3%). Median rate on closed loans 6.63%; median loan $155,000; median property value $325,000.

1.2kApplications
21.6%Denial ratestate 18.3%
6.63%Median ratestate 6.50%
$155,000Median loan
$325,000Median property value

Largest lenders in Newberry County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 938 37.6%10.18%
2 21st Mortgage F 8928 33.7%9.40%
3 Rocket Mortgage C 6447 21.9%6.88%
4 Guild Mortgage A 4734 0.0%6.75%
5 First-Citizens Bank & Trust B 3721 27.0%6.45%
6 Truist Bank C 3415 41.2%7.20%
7 Fbc Mortgage B 3026 10.0%5.43%
8 Crosscountry Mortgage B 2915 10.3%6.38%
9 First Community Bank B 2927 0.0%6.70%
10 Freedom Mortgage B 285 17.9%6.25%
11 Allsouth Federal Credit Union F 2614 23.1%
12 United Shore Financial Services B 2620 11.5%6.13%
13 Newrez D 226 31.8%6.44%
14 Mortgage Research Center C 2110 14.3%6.06%
15 AmeriSave Mortgage D 204 65.0%6.44%
16 SouthState Bank B 1812 11.1%7.50%
17 Loandepot.Com D 177 47.1%6.75%
18 Resource Financial Services B 1713 0.0%6.63%
19 TD Bank D 175 58.8%7.79%
20 Tammac Holdings D 162 81.3%10.03%
21 Broker Solutions D 152 0.0%6.50%
22 Integrity Home Mortgage B 158 6.7%6.31%
23 Towne Mortgage B 1411 7.1%6.75%
24 Navy Federal Credit Union D 147 21.4%5.75%
25 Atlantic Bay Mortgage Group A 1312 0.0%6.49%

Best approval odds in Newberry County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage6222.6%
221st Mortgage5950.9%

What Newberry County borrowers applied for

By loan purpose

Home purchase 634 52% · 17.7% denied
Refinance 152 12% · 7.9% denied
Cash-out refinance 255 21% · 25.5% denied
Home improvement 78 6% · 44.9% denied
Other / HELOC 111 9% · 37.8% denied

By loan type

Conventional 885 72% · 24.5% denied
FHA 215 17% · 17.7% denied
VA 119 10% · 9.2% denied
USDA / RHS 11 1% · 0.0% denied

Why applications were denied

Credit history 93 36%
Debt-to-income ratio 63 24%
Collateral 39 15%
Incomplete application 24 9%
Unverifiable information 22 8%
Other 14 5%
Insufficient cash 3 1%
Employment history 2 1%

Newberry County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,05552326.4%6.88%$145,000
20241,08456223.9%6.88%$155,000
20251,23061321.6%6.63%$155,000

Frequently asked questions

21.6% of applications in Newberry County were denied in 2025, against 18.3% statewide in South Carolina.

Vanderbilt Mortgage and Finance, with 93 applications in 2025 and a denial rate of 37.6%.

The median mortgage application in Newberry County in 2025 was for $155,000; the median property value on originated loans was $325,000.