Apple Federal Credit Union · North Carolina · 2025

Apple Federal Credit Union in North Carolina: approval rate, denial rate and rates (2025)

Apple Federal Credit Union took 24 mortgage applications in North Carolina in 2025, ranking #498 of 1,253 lenders active in the state. It originated 37.5% of them and denied 29.2% (43.8% of the applications it decided), against a statewide denial rate of 18.1%.

24Applicationsin NC
43.8%Decision denial ratestate 22.8%
7.49%Median ratestate 6.50%
$105,000Median loanstate $225,000
$2.5MVolume13 counties

Apple Federal Credit Union in North Carolina vs the state

29.2%Denial rate+11.11 pts vs state
43.8%Decision denial rate+20.93 pts vs state
37.5%Origination rate-20.31 pts vs state
7.49%Median rate+0.99 pts vs state
0.34Rate spread (pts)+0.26 pts vs state
$136kMedian applicant income
9Loans originated
7Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023402525.0%7.50%#400
2024401737.5%8.49%#415
202524929.2%7.49%#498

What Apple Federal Credit Union lends in North Carolina

By loan purpose

Home purchase 2 8% · 0.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 3 13% · 33.3% denied
Home improvement 9 38% · 33.3% denied
Other / HELOC 9 38% · 33.3% denied

By loan type

Conventional 24 100% · 29.2% denied

Why it denied North Carolina applicants

Collateral 4 57%
Credit history 2 29%
Debt-to-income ratio 1 14%

Where in North Carolina

Counties with the most Apple Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wake County 311 33.3%
Mecklenburg County 311 33.3%
Iredell County 311 33.3%
Franklin County 210 0.0%
Durham County 211 50.0%
Brunswick County 220 0.0%
Dare County 201 50.0%
Carteret County 211 50.0%
Wayne County 100 0.0%
Caswell County 101 100.0%

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: 24 applications in 2025, of which 9 were originated and 7 denied.

29.2% of all applications, or 43.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Apple Federal Credit Union originated in North Carolina in 2025 was 7.49%, against a statewide median of 6.50%.

About this data. Figures are Apple Federal Credit Union'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