BoxCar Mortgage in North Carolina vs the state
1.7%Denial rate-16.33 pts vs state
1.9%Decision denial rate-20.88 pts vs state
82.1%Origination rate+24.27 pts vs state
6.75%Median rate+0.25 pts vs state
0.32Rate spread (pts)+0.23 pts vs state
$10,318kMedian applicant income
142Loans originated
3Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 128 | 87 | 2.3% | 6.75% | #254 |
| 2024 | 201 | 148 | 1.0% | 6.63% | #211 |
| 2025 | 173 | 142 | 1.7% | 6.75% | #248 |
What BoxCar Mortgage lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most BoxCar Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Brunswick County | 48 | 42 | 1 | 2.1% |
| Cumberland County | 29 | 20 | 0 | 0.0% |
| New Hanover County | 17 | 15 | 0 | 0.0% |
| Onslow County | 8 | 7 | 1 | 12.5% |
| Hoke County | 6 | 6 | 0 | 0.0% |
| Wake County | 5 | 4 | 0 | 0.0% |
| Pender County | 5 | 4 | 0 | 0.0% |
| Mecklenburg County | 5 | 3 | 0 | 0.0% |
| Harnett County | 4 | 4 | 0 | 0.0% |
| Tyrrell County | 4 | 3 | 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: 173 applications in 2025, of which 142 were originated and 3 denied.
1.7% of all applications, or 1.9% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans BoxCar Mortgage originated in North Carolina in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are BoxCar Mortgage'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