PlainLender

AGFIRST FARM CREDIT BANK

COLUMBIA, SC

AGFIRST FARM CREDIT BANK processed 1,300 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,124 loans with a 8.3% denial rate. Home Purchase was the primary loan purpose. Based in COLUMBIA, SC. The approval rate of 86.5% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. AGFIRST FARM CREDIT BANK processed 1,300 HMDA-reported mortgage applications in 2024, originating 1,124 loans and denying 108 for a denial rate of 8.3% (applicants themselves withdrew 63 files before a decision). The average loan amount was $391,846 at a 7.419% average note rate, and applicants self-reported an average income of $39,000. The lender reports under LEI MMO6VV34TNP4Z1T8NG83 from COLUMBIA, SC.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. AGFIRST FARM CREDIT BANK's 86.5% origination rate tells you how often an application turned into funded money; the 8.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,300 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,300
Applications
1,124
Originated
8.3%
Denial Rate
$391,846
Avg Loan Amount
Avg Interest Rate: 7.419% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,300 1,124 108 $391,846

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for AGFIRST FARM CREDIT BANK (LEI: MMO6VV34TNP4Z1T8NG83) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
54
Debt-to-income ratio
52
Other
12
Credit history
6
Mortgage insurance denied
5
Unverifiable information
3
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,134 990 $410,758
Cash-out Refinancing 73 56 $269,110
Other 44 37 $208,182
Refinancing 39 35 $315,256
Home Improvement 10 6 $250,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,143 87.2% 7.5%
Black or African American 30 86.7% 13.3%
Joint 17 88.2% 11.8%
Asian 4 75.0% 25.0%
American Indian or Alaska Native 3 66.7% 33.3%
2 or more minority races 2 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,136 86.9% 7.9%
Hispanic or Latino 27 85.2% 11.1%
Joint 20 85.0% 10.0%

Nearby Lenders in SC

Other HMDA-reporting lenders in SC with similar activity. Compare any two side-by-side.

MOVEMENT MORTGAGE, LLC

INDIAN LAND, SC

85,481 apps 61,255 originated 4.3% denied

UNITED COMMUNITY BANK

GREENVILLE, SC

10,368 apps 6,575 originated 24.1% denied

LIMA ONE CAPITAL, LLC

GREENVILLE, SC

6,362 apps 3,761 originated 20.8% denied

Sage Home Loans Corporation

Fort Mill, SC

3,899 apps 1,703 originated 6.7% denied

Founders Federal Credit Union

Lancaster, SC

3,620 apps 2,139 originated 25.8% denied
Compare AGFIRST FARM CREDIT BANK vs MOVEMENT MORTGAGE, LLC →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

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Frequently Asked Questions

How many mortgage applications did AGFIRST FARM CREDIT BANK process?
AGFIRST FARM CREDIT BANK processed 1,300 mortgage applications in the 2023 HMDA reporting year. Of these, 1,124 were originated (approved and funded), 63 were withdrawn by the applicant, and 108 were denied.
What is AGFIRST FARM CREDIT BANK's mortgage approval rate?
AGFIRST FARM CREDIT BANK has an approval (origination) rate of 86.5%, meaning 86.5% of all applications resulted in a funded mortgage. The denial rate is 8.3%.
What is the average loan amount at AGFIRST FARM CREDIT BANK?
The average mortgage loan amount at AGFIRST FARM CREDIT BANK is $391,846. The average interest rate is 7.419%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at AGFIRST FARM CREDIT BANK?
The most common reasons for mortgage denial at AGFIRST FARM CREDIT BANK are: Collateral, Debt-to-income ratio, Other. In total, 108 applications were denied out of 1,300 total applications.
What types of mortgage loans does AGFIRST FARM CREDIT BANK offer?
AGFIRST FARM CREDIT BANK processes Conventional loans. The most common type is Conventional with 1,300 applications and an average loan amount of $391,846.
What loan purposes does AGFIRST FARM CREDIT BANK serve?
AGFIRST FARM CREDIT BANK serves the following loan purposes: Home Purchase (1,134 applications), Cash-out Refinancing (73 applications), Other (44 applications), Refinancing (39 applications), Home Improvement (10 applications). Home Purchase is the most common purpose.
Where is AGFIRST FARM CREDIT BANK located?
AGFIRST FARM CREDIT BANK is headquartered in COLUMBIA, SC. The lender is identified by LEI MMO6VV34TNP4Z1T8NG83 in HMDA data.
How does AGFIRST FARM CREDIT BANK compare in lending across racial demographics?
AGFIRST FARM CREDIT BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 87.2% and denial rate of 7.5%; Black or African American applicants have an approval rate of 86.7% and denial rate of 13.3%; Joint applicants have an approval rate of 88.2% and denial rate of 11.8%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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