Equity Prime Mortgage · North Carolina · 2025

Equity Prime Mortgage in North Carolina: approval rate, denial rate and rates (2025)

Equity Prime Mortgage took 1,290 mortgage applications in North Carolina in 2025, ranking #73 of 1,253 lenders active in the state. It originated 38.8% of them and denied 9.4% (19.3% of the applications it decided), against a statewide denial rate of 18.1%.

1.3kApplicationsin NC
19.3%Decision denial ratestate 22.8%
6.63%Median ratestate 6.50%
$255,000Median loanstate $225,000
$136MVolume93 counties

Equity Prime Mortgage in North Carolina vs the state

9.4%Denial rate-8.68 pts vs state
19.3%Decision denial rate-3.49 pts vs state
38.8%Origination rate-19.05 pts vs state
6.63%Median rate+0.13 pts vs state
0.17Rate spread (pts)+0.09 pts vs state
$80kMedian applicant income
500Loans originated
121Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233391844.7%6.75%#145
20245353053.2%6.75%#121
20251,2905009.4%6.63%#73

What Equity Prime Mortgage lends in North Carolina

By loan purpose

Home purchase 299 23% · 7.0% denied
Refinance 132 10% · 5.3% denied
Cash-out refinance 859 67% · 10.8% denied

By loan type

Conventional 38 3% · 5.3% denied
FHA 721 56% · 8.9% denied
VA 512 40% · 10.7% denied
USDA / RHS 19 1% · 0.0% denied

Why it denied North Carolina applicants

Credit history 49 40%
Other 34 28%
Debt-to-income ratio 22 18%
Unverifiable information 7 6%
Employment history 3 2%
Collateral 3 2%
Insufficient cash 1 1%
Mortgage insurance denied 1 1%
Incomplete application 1 1%

Where in North Carolina

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 1103717 15.5%
Mecklenburg County 97333 3.1%
Wake County 62265 8.1%
Guilford County 59215 8.5%
Onslow County 50215 10.0%
Forsyth County 38163 7.9%
Johnston County 3695 13.9%
Gaston County 30133 10.0%
Randolph County 30125 16.7%
Harnett County 29113 10.3%

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: 1,290 applications in 2025, of which 500 were originated and 121 denied.

9.4% of all applications, or 19.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Equity Prime Mortgage originated in North Carolina in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Equity Prime 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