AgFirst Farm Credit Bank · North Carolina · 2025

AgFirst Farm Credit Bank in North Carolina: approval rate, denial rate and rates (2025)

AgFirst Farm Credit Bank took 132 mortgage applications in North Carolina in 2025, ranking #284 of 1,253 lenders active in the state. It originated 82.6% of them and denied 10.6% (11.4% of the applications it decided), against a statewide denial rate of 18.1%.

132Applicationsin NC
11.4%Decision denial ratestate 22.8%
6.50%Median ratestate 6.50%
$295,000Median loanstate $225,000
$39MVolume43 counties

AgFirst Farm Credit Bank in North Carolina vs the state

10.6%Denial rate-7.45 pts vs state
11.4%Decision denial rate-11.44 pts vs state
82.6%Origination rate+24.77 pts vs state
6.50%Median rate0.00 pts vs state
0.33Rate spread (pts)+0.24 pts vs state
$109kMedian applicant income
109Loans originated
14Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234043499.7%7.38%#133
20244083666.4%7.50%#144
202513210910.6%6.50%#284

What AgFirst Farm Credit Bank lends in North Carolina

By loan purpose

Home purchase 66 50% · 12.1% denied
Refinance 26 20% · 3.9% denied
Cash-out refinance 22 17% · 9.1% denied
Home improvement 2 2% · 0.0% denied
Other / HELOC 16 12% · 18.8% denied

By loan type

Conventional 132 100% · 10.6% denied

Why it denied North Carolina applicants

Debt-to-income ratio 7 50%
Collateral 3 21%
Insufficient cash 1 7%
Employment history 1 7%
Credit history 1 7%
Incomplete application 1 7%

Where in North Carolina

Counties with the most AgFirst Farm Credit Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stokes County 1182 18.2%
Guilford County 990 0.0%
Rockingham County 871 12.5%
Caldwell County 752 28.6%
Surry County 650 0.0%
Wilkes County 650 0.0%
Cleveland County 431 25.0%
Randolph County 431 25.0%
Alamance County 440 0.0%
Caswell County 430 0.0%

Other large lenders in North Carolina

LenderGradeApplicationsDenial rateMedian rate
State Employees'C 47,89325.2%6.25%
Rocket MortgageC 25,10916.0%6.63%
United Shore Financial ServicesB 18,88411.4%6.13%
Vanderbilt Mortgage and FinanceF 15,00838.0%7.75%
Truist BankC 14,36430.3%6.50%
Movement MortgageA 11,0912.6%6.63%
Navy Federal Credit UnionD 10,56519.4%7.13%
First-Citizens Bank & TrustB 10,31919.6%6.38%
Bank of AmericaF 10,27628.2%6.24%
Mortgage Research CenterC 10,02917.7%6.25%

Frequently asked questions

North Carolina: 132 applications in 2025, of which 109 were originated and 14 denied.

10.6% of all applications, or 11.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans AgFirst Farm Credit Bank originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are AgFirst Farm Credit Bank's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology