Fifth Third Bank in North Carolina vs the state
28.2%Denial rate+10.15 pts vs state
34.2%Decision denial rate+11.33 pts vs state
52.2%Origination rate-5.62 pts vs state
7.25%Median rate+0.75 pts vs state
0.40Rate spread (pts)+0.31 pts vs state
$116kMedian applicant income
2,216Loans originated
1,198Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,682 | 1,446 | 27.4% | 8.25% | #32 |
| 2024 | 2,995 | 1,646 | 26.5% | 8.30% | #34 |
| 2025 | 4,246 | 2,216 | 28.2% | 7.25% | #26 |
What Fifth Third Bank lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Fifth Third Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 939 | 469 | 275 | 29.3% |
| Wake County | 736 | 373 | 210 | 28.5% |
| Union County | 368 | 220 | 88 | 23.9% |
| Cabarrus County | 326 | 172 | 88 | 27.0% |
| Iredell County | 197 | 121 | 35 | 17.8% |
| Lincoln County | 151 | 84 | 54 | 35.8% |
| Durham County | 123 | 63 | 34 | 27.6% |
| Rowan County | 104 | 53 | 36 | 34.6% |
| Johnston County | 77 | 39 | 21 | 27.3% |
| Gaston County | 75 | 40 | 24 | 32.0% |
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: 4,246 applications in 2025, of which 2,216 were originated and 1,198 denied.
28.2% of all applications, or 34.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Fifth Third Bank originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Fifth Third 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