American Financing in North Carolina vs the state
44.4%Denial rate+26.38 pts vs state
58.6%Decision denial rate+35.78 pts vs state
21.7%Origination rate-36.10 pts vs state
6.00%Median rate-0.50 pts vs state
0.07Rate spread (pts)-0.01 pts vs state
$81kMedian applicant income
168Loans originated
344Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 447 | 107 | 36.5% | 6.50% | #125 |
| 2024 | 635 | 133 | 53.5% | 6.25% | #113 |
| 2025 | 774 | 168 | 44.4% | 6.00% | #103 |
What American Financing lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 76 | 14 | 30 | 39.5% |
| Guilford County | 43 | 6 | 24 | 55.8% |
| Mecklenburg County | 39 | 4 | 15 | 38.5% |
| Cumberland County | 30 | 7 | 16 | 53.3% |
| Johnston County | 25 | 6 | 9 | 36.0% |
| Forsyth County | 25 | 6 | 9 | 36.0% |
| Catawba County | 23 | 3 | 15 | 65.2% |
| Onslow County | 20 | 5 | 8 | 40.0% |
| Davidson County | 19 | 3 | 12 | 63.2% |
| Iredell County | 19 | 5 | 9 | 47.4% |
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: 774 applications in 2025, of which 168 were originated and 344 denied.
44.4% of all applications, or 58.6% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans American Financing originated in North Carolina in 2025 was 6.00%, against a statewide median of 6.50%.
About this data. Figures are American Financing'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