Union County, South Carolina · 2025

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

138 lenders acted on 842 mortgage applications for properties in Union County in 2025. 22.9% were denied (South Carolina: 18.3%). Median rate on closed loans 6.63%; median loan $145,000; median property value $205,000.

842Applications
22.9%Denial ratestate 18.3%
6.63%Median ratestate 6.50%
$145,000Median loan
$205,000Median property value

Largest lenders in Union County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 8211 45.1%10.05%
2 Founders Federal Credit Union D 5730 33.3%7.81%
3 Inspire Home Loans B 5432 13.0%5.25%
4 Arthur State Bank C 5039 10.0%7.13%
5 Rocket Mortgage C 4428 25.0%6.50%
6 United Shore Financial Services B 2818 17.9%6.12%
7 Movement Mortgage A 2524 0.0%6.38%
8 Loandepot.Com D 2511 48.0%6.75%
9 21st Mortgage F 224 40.9%10.08%
10 Mortgage Research Center C 2211 13.6%7.13%
11 SouthState Bank B 2115 23.8%7.44%
12 Southwest Stage Funding F 219 0.0%6.25%
13 AmeriSave Mortgage D 162 68.8%6.50%
14 Fairway Independent Mortgage B 1612 0.0%6.75%
15 Crosscountry Mortgage B 148 0.0%6.63%
16 Tammac Holdings D 131 61.5%9.80%
17 Broker Solutions D 134 7.7%7.12%
18 Lakeview Loan Servicing C 111 54.6%7.25%
19 Truist Bank C 104 30.0%6.19%
20 Atlantic Bay Mortgage Group A 109 10.0%6.25%
21 Pennymac Loan Services C 97 0.0%8.75%
22 New Day Financial F 93 22.2%6.49%
23 Freedom Mortgage B 92 33.3%6.19%
24 First-Citizens Bank & Trust B 85 25.0%6.45%
25 Guaranteed Rate B 82 0.0%6.56%

Best approval odds in Union County

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

#LenderDecidedDecision denial rate
1Founders Federal Credit Union5137.3%
2Vanderbilt Mortgage and Finance5074.0%

What Union County borrowers applied for

By loan purpose

Home purchase 500 59% · 19.2% denied
Refinance 86 10% · 18.6% denied
Cash-out refinance 147 17% · 32.7% denied
Home improvement 35 4% · 40.0% denied
Other / HELOC 74 9% · 25.7% denied

By loan type

Conventional 494 59% · 27.9% denied
FHA 243 29% · 17.7% denied
VA 75 9% · 10.7% denied
USDA / RHS 30 4% · 13.3% denied

Why applications were denied

Credit history 58 30%
Debt-to-income ratio 52 27%
Unverifiable information 25 13%
Incomplete application 23 12%
Collateral 17 9%
Other 9 5%
Insufficient cash 6 3%
Employment history 1 1%

Union County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202369932430.8%7.25%$115,000
202471734727.1%6.88%$125,000
202584241922.9%6.63%$145,000

Frequently asked questions

22.9% of applications in Union County were denied in 2025, against 18.3% statewide in South Carolina.

Vanderbilt Mortgage and Finance, with 82 applications in 2025 and a denial rate of 45.1%.

The median mortgage application in Union County in 2025 was for $145,000; the median property value on originated loans was $205,000.