Oconee County, South Carolina · 2025

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

326 lenders acted on 3,435 mortgage applications for properties in Oconee County in 2025. 17.9% were denied (South Carolina: 18.3%). Median rate on closed loans 6.63%; median loan $205,000; median property value $355,000.

3.4kApplications
17.9%Denial ratestate 18.3%
6.63%Median ratestate 6.50%
$205,000Median loan
$355,000Median property value

Largest lenders in Oconee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 218165 13.3%6.88%
2 Unnamed lender 894500CFQPXSLHK0OK52 B 181146 0.6%6.75%
3 SouthState Bank B 154108 14.9%6.98%
4 S. C. State Federal Credit Union A 145113 10.3%4.50%
5 21st Mortgage F 13229 40.2%9.81%
6 United Shore Financial Services B 10571 10.5%6.25%
7 Vanderbilt Mortgage and Finance F 10510 47.6%10.43%
8 NVR Mortgage Finance B 9070 15.6%5.99%
9 Oconee Federal Savings and Loan Association C 8972 12.4%
10 Truist Bank C 7942 25.3%6.55%
11 Bank of America F 7830 35.9%6.06%
12 First-Citizens Bank & Trust B 7646 32.9%6.00%
13 Mortgage Research Center C 6733 19.4%6.25%
14 Freedom Mortgage B 5311 11.3%6.88%
15 Newrez D 4821 14.6%6.50%
16 Premier Mortgage Resources B 4830 0.0%6.81%
17 Navy Federal Credit Union D 4822 18.8%7.25%
18 Wells Fargo Bank B 4728 8.5%6.25%
19 Pennymac Loan Services C 4023 7.5%6.50%
20 Union Home Mortgage B 3931 5.1%6.38%
21 TD Bank D 3418 26.5%7.44%
22 Crosscountry Mortgage B 3217 3.1%6.63%
23 Spring Eq D 3010 53.3%9.80%
24 Dhi Mortgage Company B 3017 20.0%5.25%
25 Regions Bank C 2811 50.0%6.25%

Best approval odds in Oconee County

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

What Oconee County borrowers applied for

By loan purpose

Home purchase 1,778 52% · 13.7% denied
Refinance 468 14% · 13.0% denied
Cash-out refinance 544 16% · 21.1% denied
Home improvement 278 8% · 33.8% denied
Other / HELOC 367 11% · 27.3% denied

By loan type

Conventional 2,586 75% · 19.4% denied
FHA 471 14% · 15.5% denied
VA 338 10% · 11.0% denied
USDA / RHS 40 1% · 5.0% denied

Why applications were denied

Debt-to-income ratio 177 29%
Credit history 159 26%
Collateral 91 15%
Incomplete application 75 12%
Unverifiable information 46 8%
Other 36 6%
Insufficient cash 16 3%
Employment history 6 1%
Mortgage insurance denied 1 0%

Oconee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,6901,50220.7%6.75%$175,000
20242,8191,58520.9%6.75%$195,000
20253,4352,00617.9%6.63%$205,000

Frequently asked questions

17.9% of applications in Oconee County were denied in 2025, against 18.3% statewide in South Carolina.

Rocket Mortgage, with 218 applications in 2025 and a denial rate of 13.3%.

The median mortgage application in Oconee County in 2025 was for $205,000; the median property value on originated loans was $355,000.