Arc Home in North Carolina vs the state
9.5%Denial rate-8.60 pts vs state
14.6%Decision denial rate-8.24 pts vs state
52.7%Origination rate-5.11 pts vs state
7.13%Median rate+0.63 pts vs state
0.74Rate spread (pts)+0.65 pts vs state
$136kMedian applicant income
39Loans originated
7Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 58 | 29 | 19.0% | 8.00% | #349 |
| 2024 | 72 | 44 | 4.2% | 7.63% | #342 |
| 2025 | 74 | 39 | 9.5% | 7.13% | #351 |
What Arc Home lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Arc Home applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 19 | 12 | 0 | 0.0% |
| Mecklenburg County | 6 | 2 | 0 | 0.0% |
| Union County | 4 | 1 | 2 | 50.0% |
| Harnett County | 4 | 3 | 0 | 0.0% |
| New Hanover County | 4 | 1 | 1 | 25.0% |
| Dare County | 4 | 2 | 0 | 0.0% |
| Lincoln County | 3 | 1 | 1 | 33.3% |
| Iredell County | 2 | 1 | 1 | 50.0% |
| Brunswick County | 2 | 1 | 0 | 0.0% |
| Cabarrus County | 2 | 2 | 0 | 0.0% |
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: 74 applications in 2025, of which 39 were originated and 7 denied.
9.5% of all applications, or 14.6% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Arc Home originated in North Carolina in 2025 was 7.13%, against a statewide median of 6.50%.
About this data. Figures are Arc Home'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