Baxter Credit Union · North Carolina · 2025

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

Baxter Credit Union took 198 mortgage applications in North Carolina in 2025, ranking #233 of 1,253 lenders active in the state. It originated 58.1% of them and denied 21.2% (22.1% of the applications it decided), against a statewide denial rate of 18.1%.

198Applicationsin NC
22.1%Decision denial ratestate 22.8%
7.00%Median ratestate 6.50%
$105,000Median loanstate $225,000
$25MVolume49 counties

Baxter Credit Union in North Carolina vs the state

21.2%Denial rate+3.15 pts vs state
22.1%Decision denial rate-0.71 pts vs state
58.1%Origination rate+0.27 pts vs state
7.00%Median rate+0.50 pts vs state
0.34Rate spread (pts)+0.25 pts vs state
$106kMedian applicant income
115Loans originated
42Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231529212.5%7.88%#231
202418610418.8%8.25%#222
202519811521.2%7.00%#233

What Baxter Credit Union lends in North Carolina

By loan purpose

Home purchase 47 24% · 6.4% denied
Refinance 12 6% · 0.0% denied
Cash-out refinance 19 10% · 36.8% denied
Home improvement 75 38% · 24.0% denied
Other / HELOC 45 23% · 31.1% denied

By loan type

Conventional 198 100% · 21.2% denied

Why it denied North Carolina applicants

Debt-to-income ratio 22 52%
Credit history 16 38%
Collateral 3 7%
Employment history 1 2%

Where in North Carolina

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
McDowell County 26138 30.8%
Mecklenburg County 23133 13.0%
Wake County 21152 9.5%
Guilford County 1485 35.7%
Burke County 1382 15.4%
Buncombe County 1181 9.1%
Rockingham County 843 37.5%
Mitchell County 724 57.1%
Orange County 660 0.0%
Union County 520 0.0%

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: 198 applications in 2025, of which 115 were originated and 42 denied.

21.2% of all applications, or 22.1% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Baxter Credit Union originated in North Carolina in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are Baxter 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