Figure Lending in North Carolina vs the state
26.5%Denial rate+8.43 pts vs state
27.8%Decision denial rate+4.96 pts vs state
50.0%Origination rate-7.81 pts vs state
10.36%Median rate+3.86 pts vs state
3.95Rate spread (pts)+3.86 pts vs state
$106kMedian applicant income
1,212Loans originated
642Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,413 | 1,098 | 33.3% | 11.75% | #35 |
| 2024 | 2,323 | 1,190 | 24.8% | 11.60% | #41 |
| 2025 | 2,424 | 1,212 | 26.5% | 10.36% | #40 |
What Figure Lending lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 311 | 156 | 82 | 26.4% |
| Wake County | 249 | 133 | 55 | 22.1% |
| Guilford County | 121 | 53 | 31 | 25.6% |
| Cabarrus County | 84 | 43 | 18 | 21.4% |
| Forsyth County | 81 | 42 | 16 | 19.8% |
| Union County | 80 | 43 | 20 | 25.0% |
| Brunswick County | 74 | 36 | 27 | 36.5% |
| Cumberland County | 73 | 29 | 29 | 39.7% |
| Buncombe County | 72 | 30 | 23 | 31.9% |
| New Hanover County | 71 | 42 | 18 | 25.4% |
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: 2,424 applications in 2025, of which 1,212 were originated and 642 denied.
26.5% of all applications, or 27.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Figure Lending originated in North Carolina in 2025 was 10.36%, against a statewide median of 6.50%.
About this data. Figures are Figure Lending'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