Lenders › Navy Federal Credit Union › South Carolina
Navy Federal Credit Union in South Carolina
HMDA record for properties in South Carolina, calendar year 2024. National record · South Carolina overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In South Carolina, Navy Federal Credit Union reported 5,530 applications and 2,522 originations for 2024, $494m in all.
Its denial rate in the state was 32.8%, above the South Carolina rate of 25.2% across all lenders and compared with the lender's national rate of 34.3%.
The median rate spread on its South Carolina originations was 0.7 percentage points (state median 0.3).
Applications in the state were up 5% on 2023.
Compared with the state and the lender's national record
| Measure | In South Carolina | South Carolina, all lenders | Navy Federal Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 32.8% | 25.2% | 34.3% | 24.3% |
| Median rate spread, pp | 0.7 | 0.3 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 38.4% | 15.5% | 39.5% | 15.6% |
| Average originated loan | $196k | $296k | $216k | $329k |
| Home purchase share | 38.6% | 62.8% | 37.2% | 57.0% |
| FHA-insured share | 0.0% | 16.5% | 0.0% | 13.4% |
| VA-guaranteed share | 22.4% | 12.9% | 20.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateSouth Carolina, all lenders
Loan purpose and loan type in South Carolina
By purpose
Home purchase 39% (974)Home improvement 23% (590)Refinancing 3% (77)Cash-out refinancing 8% (200)Other purpose 27% (681)
By type
Conventional 78% (1,956)VA 22% (566)
Denial reasons as coded
Share of 1,259 denials in South Carolina by first denial reason coded (outlined bar: all lenders in the state).
Counties in South Carolina
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Berkeley County | 671 | 296 | $52m | 37.2% |
| Charleston County | 607 | 276 | $67m | 30.0% |
| Richland County | 690 | 274 | $45m | 38.7% |
| Dorchester County | 449 | 225 | $38m | 23.9% |
| Beaufort County | 424 | 213 | $45m | 27.9% |
| Greenville County | 318 | 175 | $35m | 21.6% |
| Horry County | 366 | 155 | $33m | 38.8% |
| York County | 277 | 124 | $29m | 33.7% |
| Lexington County | 252 | 109 | $19m | 31.7% |
| Spartanburg County | 217 | 87 | $19m | 41.7% |
| Aiken County | 148 | 73 | $16m | 30.5% |
| Anderson County | 111 | 66 | $12m | 24.1% |
| Sumter County | 107 | 50 | $9.2m | 31.1% |
| Kershaw County | 80 | 46 | $9.3m | 9.6% |
| Jasper County | 77 | 42 | $8.3m | 26.3% |
| Pickens County | 68 | 37 | $7.8m | 13.6% |
| Lancaster County | 79 | 34 | $6.5m | 32.7% |
| Oconee County | 54 | 26 | $6.0m | 30.8% |
| Florence County | 66 | 24 | $3.2m | 44.4% |
| Georgetown County | 41 | 22 | $2.9m | 33.3% |
| Orangeburg County | 56 | 17 | $2.5m | 52.5% |
| Colleton County | 45 | 16 | $3.0m | 48.4% |
| Darlington County | 28 | 16 | $2.6m | — |
| Laurens County | 38 | 14 | $2.2m | — |
| Edgefield County | 30 | 14 | $3.7m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Navy Federal Credit Union originate in South Carolina in 2024?
2,522 loans totalling $494m, from 5,530 applications reported for properties in South Carolina.
What is Navy Federal Credit Union's denial rate in South Carolina?
32.8% of decided applications in South Carolina were denied, against 25.2% for all lenders in the state and 34.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which South Carolina counties does Navy Federal Credit Union lend in most?
By originations: Berkeley County (296), Charleston County (276), Richland County (274), Dorchester County (225), Beaufort County (213).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in South Carolina. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.