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2024 data HMDA 2024 disclosure official source

Charleston County

19,717 mortgage applications, 15.1% denial rate. Verify FIPS 45019 with U.S. Census Bureau →

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South Carolina · FIPS 45019

Local mortgage market. Charleston County, South Carolina saw 19,717 HMDA-reported mortgage applications in 2024. Lenders originated 10,371 of those loans and denied 2,976, producing a denial rate of 15.1% and an approval (origination) rate of 52.6%. The average loan amount was $496,594 at an average note rate of 7.09%, with applicants self-reporting average annual income of $37K. 490 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 13.4x, meaning typical borrowers took on mortgages of about 13.4 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 45019 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

19,717
Applications
10,371
Originated
15.1%
Denial Rate
52.6%
Approval Rate
$496,594
Avg Loan Amount
7.09%
Avg Interest Rate
$37K
Avg Applicant Income
13.4x
Loan-to-Income Ratio

Nearby Lenders in Charleston County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 First Ciitizens Bank and Trust 572 5.5%
2 Rocket Mortgage 521 5.0%
3 SouthState Bank, N.A. 447 4.3%
4 United Wholesale Mortgage 441 4.3%
5 South Carolina Federal Credit 387 3.7%
Compare First Ciitizens Bank and Trust vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Charleston County?
In the 2024 HMDA reporting year, 19,717 mortgage applications were filed in Charleston County, South Carolina. Of these, 10,371 were originated (approved and funded), while 2,976 were denied, resulting in a denial rate of 15.1%.
What is the mortgage denial rate in Charleston County?
The mortgage denial rate in Charleston County is 15.1%. The approval (origination) rate is 52.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Charleston County?
The average mortgage loan amount in Charleston County is $496,594. The average interest rate is 7.086%. The average applicant income is $37K.
What is the loan-to-income ratio in Charleston County?
The average loan-to-income ratio in Charleston County is 13.4x, meaning borrowers took on loans averaging 13.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Charleston County?
The top mortgage lenders in Charleston County by origination volume are First Ciitizens Bank and Trust, Rocket Mortgage, SouthState Bank, N.A.. In total, 490 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.