# SOUTH CAROLINA FEDERAL CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/south-carolina-federal-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


SOUTH CAROLINA FEDERAL CREDIT UNION is a credit union, headquartered in North Charleston, SC, serving borrowers across 8 states, with 390 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 66% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 33% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300WC12JROIUVWY16
- **Headquarters:** North Charleston, SC
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** FL, GA, IN, MO, NC, SC, TN, VA
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 34/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 67/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.061%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,349
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 390
- **Dollar Volume:** $182 million
- **Applications Received:** 540
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $466,564
- **Average Borrower Income:** $182,467
- **Average Property Value:** $658,385

## Safe Rate Awards 🏆

- ⭐ **Jumbo Gold Superstar** (63%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 329 | +0.092% | $3,280 | Strong 😀 |
| Jumbo | 77/100 | 61 | -0.252% | $4,048 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 219 loans, Score: 55/100 (Sound)
- Refinance: 110 loans, Score: 69/100 (Strong)

**Jumbo:**
- Purchase: 52 loans, Score: 77/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 55/100 | 271 | $139M | +0.061% | Sound ☺️ |
| Refinance | 67/100 | 119 | $43M | +0.061% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| SC | 358 | 0.45% | 85/100 |
| NC | 18 | 0.01% | 44/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Charleston | SC | 249 | 93/100 |
| Columbia, SC | SC | 30 | 59/100 |
| Non |  | 20 | 30/100 |
| Greenville | SC | 18 | 51/100 |
| Myrtle Beach | SC | 18 | 51/100 |
| Charlotte | NC-SC | 14 | 45/100 |
| Spartanburg, SC | SC | 12 | 46/100 |
| Florence, SC | SC | 10 | 44/100 |

## Where This Lender Ranks

SOUTH CAROLINA FEDERAL CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Charleston for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/charleston/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Charleston for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/charleston/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in South Carolina for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/south-carolina/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Florence, SC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/florence-sc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Columbia, SC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/columbia-sc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in South Carolina Credit Unions
  - [View Full Rankings](https://saferate.com/south-carolina/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in South Carolina for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/south-carolina/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Columbia, SC Credit Unions
  - [View Full Rankings](https://saferate.com/columbia-sc/best-mortgage-lenders/credit-unions)
- 🏆 **#15** in Charleston for Jumbo Loans
  - [View Full Rankings](https://saferate.com/charleston/best-mortgage-lenders/jumbo-loans)

## Frequently Asked Questions

### What loan types does SOUTH CAROLINA FEDERAL CREDIT UNION offer?

SOUTH CAROLINA FEDERAL CREDIT UNION offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does SOUTH CAROLINA FEDERAL CREDIT UNION offer mortgages?

SOUTH CAROLINA FEDERAL CREDIT UNION offers mortgages in 8 states: FL, GA, IN, MO, NC, SC, TN, VA.

### How competitive are SOUTH CAROLINA FEDERAL CREDIT UNION's mortgage rates?

SOUTH CAROLINA FEDERAL CREDIT UNION has a pricing score of 34/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.061% above market average.

### What type of lender is SOUTH CAROLINA FEDERAL CREDIT UNION?

SOUTH CAROLINA FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in North Charleston, SC.

### What is SOUTH CAROLINA FEDERAL CREDIT UNION's loan approval success rate?

SOUTH CAROLINA FEDERAL CREDIT UNION has a pull-through score of 67/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/south-carolina-federal-credit-union

### How to Cite

> "SOUTH CAROLINA FEDERAL CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/south-carolina-federal-credit-union

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