Discover Bank · North Carolina · 2025

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

Discover Bank took 2,311 mortgage applications in North Carolina in 2025, ranking #43 of 1,253 lenders active in the state. It originated 13.5% of them and denied 54.1% (79.6% of the applications it decided), against a statewide denial rate of 18.1%.

2.3kApplicationsin NC
79.6%Decision denial ratestate 22.8%
8.68%Median ratestate 6.50%
$65,000Median loanstate $225,000
$27MVolume95 counties

Discover Bank in North Carolina vs the state

54.1%Denial rate+36.03 pts vs state
79.6%Decision denial rate+56.80 pts vs state
13.5%Origination rate-44.27 pts vs state
8.68%Median rate+2.18 pts vs state
2.09Rate spread (pts)+2.00 pts vs state
$103kMedian applicant income
313Loans originated
1,250Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,6271,25143.3%9.24%#11
20247,4381,30949.1%8.65%#12
20252,31131354.1%8.68%#43

What Discover Bank lends in North Carolina

By loan purpose

Home purchase 132 6% · 50.8% denied
Refinance 386 17% · 52.1% denied
Home improvement 607 26% · 47.5% denied
Other / HELOC 1,186 51% · 58.5% denied

By loan type

Conventional 2,311 100% · 54.1% denied

Why it denied North Carolina applicants

Credit history 596 48%
Incomplete application 195 16%
Debt-to-income ratio 190 15%
Collateral 157 13%
Other 98 8%
Unverifiable information 9 1%
Employment history 5 0%

Where in North Carolina

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wake County 31450159 50.6%
Mecklenburg County 28535157 55.1%
Guilford County 1352174 54.8%
Union County 100952 52.0%
Cabarrus County 821543 52.4%
Forsyth County 71641 57.7%
New Hanover County 701030 42.9%
Johnston County 61933 54.1%
Gaston County 561127 48.2%
Cumberland County 55534 61.8%

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: 2,311 applications in 2025, of which 313 were originated and 1,250 denied.

54.1% of all applications, or 79.6% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Discover Bank originated in North Carolina in 2025 was 8.68%, against a statewide median of 6.50%.

About this data. Figures are Discover 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