AgSouth Farm Credit, ACA in North Carolina vs the state
24.3%Denial rate+6.23 pts vs state
39.5%Decision denial rate+16.71 pts vs state
36.4%Origination rate-21.38 pts vs state
7.99%Median rate+1.49 pts vs state
1.47Rate spread (pts)+1.38 pts vs state
$116kMedian applicant income
51Loans originated
34Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 179 | 47 | 38.0% | 8.45% | #204 |
| 2024 | 186 | 46 | 33.9% | 8.48% | #219 |
| 2025 | 140 | 51 | 24.3% | 7.99% | #278 |
What AgSouth Farm Credit, ACA lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most AgSouth Farm Credit, ACA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Randolph County | 12 | 8 | 2 | 16.7% |
| Davidson County | 9 | 3 | 4 | 44.4% |
| Rowan County | 8 | 5 | 1 | 12.5% |
| Iredell County | 7 | 1 | 2 | 28.6% |
| Lincoln County | 6 | 3 | 0 | 0.0% |
| Gaston County | 5 | 4 | 0 | 0.0% |
| Chatham County | 5 | 2 | 0 | 0.0% |
| Guilford County | 5 | 0 | 2 | 40.0% |
| Union County | 5 | 3 | 0 | 0.0% |
| Richmond County | 5 | 2 | 2 | 40.0% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 140 applications in 2025, of which 51 were originated and 34 denied.
24.3% of all applications, or 39.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans AgSouth Farm Credit, ACA originated in North Carolina in 2025 was 7.99%, against a statewide median of 6.50%.
About this data. Figures are AgSouth Farm Credit, ACA'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