Bank of Tennessee in North Carolina vs the state
6.9%Denial rate-11.21 pts vs state
8.3%Decision denial rate-14.49 pts vs state
64.4%Origination rate+6.57 pts vs state
6.96%Median rate+0.46 pts vs state
0.60Rate spread (pts)+0.51 pts vs state
$107kMedian applicant income
47Loans originated
5Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 91 | 60 | 12.1% | 8.00% | #300 |
| 2024 | 76 | 52 | 7.9% | 8.05% | #332 |
| 2025 | 73 | 47 | 6.9% | 6.96% | #353 |
What Bank of Tennessee lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Bank of Tennessee applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Avery County | 39 | 24 | 4 | 10.3% |
| Watauga County | 20 | 16 | 0 | 0.0% |
| Burke County | 2 | 1 | 1 | 50.0% |
| Buncombe County | 2 | 2 | 0 | 0.0% |
| Mitchell County | 2 | 0 | 0 | 0.0% |
| Catawba County | 2 | 0 | 0 | 0.0% |
| Johnston County | 1 | 0 | 0 | 0.0% |
| Caldwell County | 1 | 1 | 0 | 0.0% |
| Ashe County | 1 | 1 | 0 | 0.0% |
| Iredell County | 1 | 1 | 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: 73 applications in 2025, of which 47 were originated and 5 denied.
6.9% of all applications, or 8.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Bank of Tennessee originated in North Carolina in 2025 was 6.96%, against a statewide median of 6.50%.
About this data. Figures are Bank of Tennessee'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