Carter Bank & Trust in North Carolina vs the state
25.4%Denial rate+7.35 pts vs state
26.4%Decision denial rate+3.62 pts vs state
68.0%Origination rate+10.15 pts vs state
7.25%Median rate+0.75 pts vs state
0.99Rate spread (pts)+0.90 pts vs state
$144kMedian applicant income
123Loans originated
46Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 197 | 120 | 26.9% | 8.00% | #192 |
| 2024 | 165 | 103 | 26.7% | 8.63% | #236 |
| 2025 | 181 | 123 | 25.4% | 7.25% | #240 |
What Carter Bank & Trust lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Carter Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 35 | 26 | 8 | 22.9% |
| Wake County | 17 | 15 | 1 | 5.9% |
| Iredell County | 17 | 9 | 6 | 35.3% |
| Guilford County | 16 | 10 | 6 | 37.5% |
| Rockingham County | 14 | 7 | 7 | 50.0% |
| Surry County | 9 | 4 | 5 | 55.6% |
| Forsyth County | 6 | 5 | 1 | 16.7% |
| Davidson County | 6 | 5 | 1 | 16.7% |
| Cabarrus County | 5 | 4 | 0 | 0.0% |
| Cumberland County | 4 | 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: 181 applications in 2025, of which 123 were originated and 46 denied.
25.4% of all applications, or 26.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Carter Bank & Trust originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Carter Bank & Trust'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