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9 best mortgage lenders in South Carolina

No matter where you want to live in SC, one of these mortgage lenders will likely be your best bet.

Whether you want to live along the coast, in Piedmont or by the Blue Ridge Mountains, you’re bound to get the lowest rate and most appealing terms with one of these South Carolina mortgage lenders.

What are the best mortgage lenders in South Carolina?

How we pick mortgage lenders

We chose these mortgage lenders based on their rates, fees, requirements and website features. We also considered customer reviews from Zillow, Trustpilot and the Better Business Bureau (BBB), among other sites. Learn more about our rating methodology.

Best online experience


Although numerous banks and credit unions in South Carolina offer home loans, more and more consumers are attracted to the convenience provided by online lenders. And while there are several online lenders to choose from, none can match Better when it comes to the user experience. Better’s website offers an intuitive interface on tablets, smartphones and traditional computers. Plus, Better price-matches competitors and waives origination fees in many instances.

Best mortgage marketplace


All of the other companies on this list are direct lenders, meaning they can provide your mortgage themselves. However, LendingTree is a mortgage marketplace that makes it easy for you to compare rates from numerous lenders throughout South Carolina.

Simply answer a few questions about the kind of loan you’re in the market for, and LendingTree shows you a list of lenders and their respective rates. LendingTree can save you a significant amount of time during your hunt for a mortgage, but the company also shares your contact details with third parties, which is a significant drawback for many of its customers.

Rocket Mortgage

While there are many well-liked mortgage lenders in South Carolina, Rocket Mortgage by Quicken Loans stands out as the most popular of them all. This lender has a massive presence in the state, in part because it makes the borrowing process quick and painless.

With Rocket Mortgage, you can qualify for a conditional prequalification in less than 10 minutes. This lender also offers more home loan programs than many of its competitors, and you can still get approved even if you have a low credit score.

Best for customer service

Veterans United

Getting a low mortgage rate is a priority for many aspiring homebuyers, but customer service can be equally important. And compared to other lenders in South Carolina, Veterans United has the best customer service.

As of December 2020, Veterans United has a near-perfect rating of 4.9 out of 5 based on more than 5,800 reviews on Trustpilot. And on Zillow, Veterans United has a score of 4.8 out of 5 after nearly 4,000 reviews. And while you don’t need to be a service member to get a mortgage with Veterans United, vets generally get better rates and terms than civilians.

Best for a wide range of credit scores


When it comes to applying for a home loan, your credit score plays a pivotal role in determining whether you get approved. And while many lenders require you to have a healthy score to get approved, PennyMac is somewhat more lenient in this department. Even if your credit score is as low as 580, PennyMac may still approve you for a mortgage.

Best rates

Academy Mortgage

Many of the best mortgage lenders in South Carolina offer attractive rates, but Academy Mortgage tends to have the state’s lowest rates. Unfortunately, you have to contact a loan officer to get an actual quote, as Academy Mortgage doesn’t disclose its rates online. But aside from that minor inconvenience, there’s a lot to like about this Utah-based lender. Academy Mortgage has outstanding customer reviews, a wide variety of loan types and one of the most intuitive websites we’ve seen.

Best for first-time homebuyers

Ameris Bank

Buying your first home can be incredibly stressful if you're unfamiliar with the process, but Ameris Bank can make it easier and more affordable. This Georgia-based lender offers two types of home loans specifically for first-time buyers. The Ameris Dream loan program is for first-time homebuyers who have limited funds for a down payment, and Ameris's First-time Homebuyer loan provides financial assistance for qualified buyers.

Best regional lender

South Carolina State Federal Credit Union (SCU)

Several lenders on this list operate from coast to coast, but many don’t have strong ties to South Carolina. That’s not necessarily a bad thing, but many South Carolinians want to work with a mortgage company that’s committed to the Palmetto State. And among the regional lenders that call this state home, South Carolina State Credit Union ranks above the rest. This lender was founded in 1952 and has more than 80,000 members across the state. It also has flexible lending options that are on par with many nationwide lenders.

Best for refinancing

South Carolina Federal Credit Union

If you already own a home and are interested in refinancing your mortgage, many local lenders can help you reduce your monthly payment, but South Carolina Federal Credit Union might be your best bet. This lender offers excellent rates on refinances, which could save you thousands of dollars per year. Plus, the credit union makes it easy to check your rate simply by filling out a short form.

How do I choose the best lender for me?

Determining which North Carolina mortgage lender is best suited to meet your needs can take several hours — if not days or even weeks. But if you keep these pointers in mind, you’ll be more likely to get a great rate from a quality lender.

  • Research review sites. Before you even think about applying for a loan from a particular lender, read every customer review you can find. No lender is universally loved, but if you read the same complaints about a company over and over again, it should raise a red flag.
  • Collect multiple preapprovals. By collecting preapprovals from various lenders and letting loan officers know what options are available to you, you’ll be more likely to get the best rate possible.
  • Always ask for a lower rate. Mortgage lenders usually have some flexibility with the numbers they offer you, so it never hurts to ask for a lower rate or more appealing terms.
  • Pore over the fine print. Lenders often try to hide fees or restrictions in the fine print on their websites and agreements, so be sure to read every word before signing anything.

Compare mortgage lenders

Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.

1 - 4 of 4
Name Product Loan products offered State availability Min. credit score
Rocket Mortgage
(NMLS #3030)
Rocket Mortgage
Conventional, Jumbo, FHA, VA, Refinance
Available in all states
Apply online for free and lock in your rate for 90 days.
(NMLS #1136)
HELOC, Home Equity loans
Available in all states
Connect with vetted lenders quickly through this free online marketplace.
(NMLS #1429243)
Conventional, Jumbo
Not available in: HI, MA, MO, NV
Preapproval in minutes and closing in as little as 3 weeks with no origination fees.
Veterans United
(NMLS #1907)
Veterans United
Conventional, FHA, VA, USDA, Jumbo, Refinance
Available in all states
Veterans United stands out from other lenders for its focus on serving the military community.

Compare up to 4 providers

Average rates and fees in South Carolina

As of December 10, 2020, the average 30-year fixed-mortgage rate in the US is 2.92%, but it’s currently slightly lower in Virginia. According to the Consumer Financial Protection Bureau (CFPB), the mortgage rate on 30-year fixed-rate mortgages in South Carolina averages 2.75%. And according to 2019 data from ClosingCorp, South Carolina closing costs averaged 1.45% of the sales price, which is much lower than 2% to 5% it costs in several other states.

Should I work with a broker?

Depending on how willing you are to find the best mortgage lender for you, getting a home loan can take a considerable amount of time. That’s why many South Carolinians choose to work with mortgage brokers. Brokers can save you a ton of time — and money — by choosing the best lender for your needs, but, unfortunately, not all brokers are trustworthy. If you’re thinking about working with a broker, be sure to read as many recent customer reviews as you can before you agree to do business with them.

Bottom line

The best mortgage lenders in South Carolina each have their own strengths and weaknesses, and no two companies are exactly alike. Spend some time comparing each of these lender’s strengths and weaknesses, then apply for a home loan with the provider best suited to your needs. Fill out an application now, or compare other leading mortgage lenders in South Carolina.

Home loans ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top home loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, product selection and borrower experience.

Read the full methodology of how we rate home loan providers.

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