CPM Federal Credit Union · North Carolina · 2025

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

CPM Federal Credit Union took 24 mortgage applications in North Carolina in 2025, ranking #501 of 1,253 lenders active in the state. It originated 54.2% of them and denied 8.3% (13.3% of the applications it decided), against a statewide denial rate of 18.1%.

24Applicationsin NC
13.3%Decision denial ratestate 22.8%
5.29%Median ratestate 6.50%
$425,000Median loanstate $225,000
$5.0MVolume12 counties

CPM Federal Credit Union in North Carolina vs the state

8.3%Denial rate-9.73 pts vs state
13.3%Decision denial rate-9.49 pts vs state
54.2%Origination rate-3.64 pts vs state
5.29%Median rate-1.21 pts vs state
-0.81Rate spread (pts)-0.90 pts vs state
$188kMedian applicant income
13Loans originated
2Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239511.1%8.74%#648
20241357.7%5.59%#580
202524138.3%5.29%#501

What CPM Federal Credit Union lends in North Carolina

By loan purpose

Home purchase 13 54% · 7.7% denied
Refinance 5 21% · 20.0% denied
Cash-out refinance 1 4% · 0.0% denied
Home improvement 4 17% · 0.0% denied
Other / HELOC 1 4% · 0.0% denied

By loan type

Conventional 24 100% · 8.3% denied

Why it denied North Carolina applicants

Other 2 100%

Where in North Carolina

Counties with the most CPM Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chatham County 500 0.0%
Union County 541 20.0%
Wake County 430 0.0%
Rutherford County 220 0.0%
Watauga County 110 0.0%
Polk County 100 0.0%
Stokes County 110 0.0%
Mecklenburg County 101 100.0%
Gaston County 110 0.0%
Iredell County 110 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: 24 applications in 2025, of which 13 were originated and 2 denied.

8.3% of all applications, or 13.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans CPM Federal Credit Union originated in North Carolina in 2025 was 5.29%, against a statewide median of 6.50%.

About this data. Figures are CPM Federal 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