Coastal Community Bank · North Carolina · 2025

Coastal Community Bank in North Carolina: approval rate, denial rate and rates (2025)

Coastal Community Bank took 4,068 mortgage applications in North Carolina in 2025, ranking #27 of 1,253 lenders active in the state. It originated 23.7% of them and denied 1.7% (2.3% of the applications it decided), against a statewide denial rate of 18.1%.

4.1kApplicationsin NC
2.3%Decision denial ratestate 22.8%
10.24%Median ratestate 6.50%
$55,000Median loanstate $225,000
$71MVolume81 counties

Coastal Community Bank in North Carolina vs the state

1.7%Denial rate-16.41 pts vs state
2.3%Decision denial rate-20.54 pts vs state
23.7%Origination rate-34.16 pts vs state
10.24%Median rate+3.74 pts vs state
3.08Rate spread (pts)+2.99 pts vs state
$120kMedian applicant income
962Loans originated
67Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20242,8256651.4%12.24%#35
20254,0689621.7%10.24%#27

What Coastal Community Bank lends in North Carolina

By loan purpose

Cash-out refinance 476 12% · 0.6% denied
Home improvement 1,262 31% · 1.4% denied
Other / HELOC 2,330 57% · 2.0% denied

By loan type

Conventional 4,068 100% · 1.7% denied

Why it denied North Carolina applicants

Credit history 31 46%
Debt-to-income ratio 22 33%
Other 8 12%
Unverifiable information 5 7%
Collateral 1 1%

Where in North Carolina

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 5351225 0.9%
Wake County 4931096 1.2%
Guilford County 237614 1.7%
Union County 197425 2.5%
Forsyth County 141352 1.4%
Cumberland County 134211 0.7%
Iredell County 133301 0.8%
Cabarrus County 126274 3.2%
Johnston County 122301 0.8%
New Hanover County 117245 4.3%

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: 4,068 applications in 2025, of which 962 were originated and 67 denied.

1.7% of all applications, or 2.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Coastal Community Bank originated in North Carolina in 2025 was 10.24%, against a statewide median of 6.50%.

About this data. Figures are Coastal Community Bank'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