South Carolina Mortgage Lending
998 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 258,079 HMDA-reported mortgage applications in South Carolina in 2024, originating 127,052 loans and denying 45,216. That puts the statewide denial rate at 17.5% and the approval (origination) rate at 49.2%. The average loan amount across South Carolina was $273,782 at an average note rate of 6.94%. 998 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 46 counties and 11 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 60.4% and denial rate of 16.4%; while Black or African American applicants had an approval rate of 41.3% and denial rate of 30.8%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Horry County, Greenville County, Charleston County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in South Carolina
Top HMDA-reporting lenders active in South Carolina. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | ROCKET MORTGAGE | 8,177 | 6.4% |
| 2 | United Wholesale Mortgage | 5,332 | 4.2% |
| 3 | First Ciitizens Bank and Trust | 3,727 | 2.9% |
| 4 | DHI Mortgage Company, LTD. | 3,629 | 2.9% |
| 5 | MOVEMENT MORTGAGE, LLC | 3,572 | 2.8% |
Lending by Race in South Carolina
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 143,594 | 60.4% | 16.4% |
| Black or African American | 37,526 | 41.3% | 30.8% |
| Asian | 5,315 | 57.9% | 16.1% |
| Joint | 3,742 | 57.8% | 18.2% |
| American Indian or Alaska Native | 1,070 | 45.0% | 25.8% |
| 2 or more minority races | 568 | 40.5% | 31.5% |
| Native Hawaiian or Other Pacific Islander | 310 | 46.1% | 31.0% |
Counties in South Carolina
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Horry County | 27,836 | 13,978 | 17.3% | $250,509 |
| Greenville County | 24,143 | 12,653 | 15.6% | $268,306 |
| Charleston County | 19,717 | 10,371 | 15.1% | $496,594 |
| Richland County | 19,491 | 9,490 | 16.1% | $254,507 |
| Spartanburg County | 18,085 | 9,132 | 17.1% | $234,977 |
| Berkeley County | 16,380 | 8,021 | 14.7% | $330,940 |
| York County | 15,175 | 7,949 | 16.3% | $288,751 |
| Lexington County | 14,937 | 7,414 | 16.1% | $233,107 |
| Beaufort County | 11,343 | 5,831 | 17.4% | $390,217 |
| Dorchester County | 10,779 | 5,224 | 14.1% | $275,345 |
| Anderson County | 9,215 | 4,600 | 18.1% | $218,418 |
| Aiken County | 7,893 | 4,001 | 16.7% | $228,958 |
| Lancaster County | 5,858 | 2,984 | 16.3% | $270,258 |
| Pickens County | 4,992 | 2,556 | 16.9% | $255,244 |
| Florence County | 4,721 | 2,180 | 21.2% | $187,076 |
| Sumter County | 4,358 | 1,999 | 19.8% | $189,243 |
| Kershaw County | 3,975 | 1,954 | 14.8% | $219,118 |
| Oconee County | 3,212 | 1,583 | 18.3% | $282,927 |
| Orangeburg County | 3,073 | 1,121 | 29.8% | $175,475 |
| Laurens County | 3,038 | 1,344 | 23.4% | $189,582 |
| Georgetown County | 2,823 | 1,316 | 21.8% | $298,163 |
| Jasper County | 2,660 | 1,315 | 18.5% | $291,173 |
| Greenwood County | 2,141 | 1,030 | 19.3% | $187,447 |
| Darlington County | 2,063 | 898 | 25.2% | $161,777 |
| Cherokee County | 1,910 | 882 | 20.8% | $180,204 |
| Colleton County | 1,741 | 641 | 30.2% | $202,306 |
| Chester County | 1,683 | 786 | 20.6% | $197,739 |
| Chesterfield County | 1,399 | 551 | 25.5% | $159,403 |
| Newberry County | 1,208 | 562 | 21.4% | $213,742 |
| Edgefield County | 1,080 | 518 | 19.5% | $220,093 |
| Clarendon County | 1,053 | 461 | 25.9% | $184,202 |
| Marion County | 829 | 310 | 28.7% | $141,043 |
| Dillon County | 782 | 264 | 33.0% | $134,437 |
| Union County | 768 | 347 | 25.0% | $144,922 |
| Williamsburg County | 725 | 242 | 33.4% | $138,117 |
| Abbeville County | 724 | 319 | 23.9% | $178,329 |
| Fairfield County | 716 | 287 | 22.8% | $188,366 |
| Hampton County | 662 | 225 | 35.6% | $140,982 |
| Barnwell County | 594 | 211 | 33.8% | $144,411 |
| Marlboro County | 551 | 186 | 34.3% | $138,194 |
| Calhoun County | 529 | 256 | 23.4% | $185,132 |
| Saluda County | 503 | 226 | 25.8% | $197,028 |
| McCormick County | 427 | 208 | 16.2% | $210,878 |
| Lee County | 370 | 129 | 34.3% | $132,378 |
| Bamberg County | 329 | 114 | 34.4% | $139,073 |
| Allendale County | 142 | 53 | 37.3% | $107,887 |
Metro Areas in South Carolina
Frequently Asked Questions
How many mortgage applications were filed in South Carolina?
What is the mortgage denial rate in South Carolina?
What is the average mortgage loan amount in South Carolina?
How many mortgage lenders operate in South Carolina?
How do mortgage denial rates vary by demographics in South Carolina?
Which counties in South Carolina have the most mortgage activity?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
