Filo Mortgage · North Carolina · 2025

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

Filo Mortgage took 300 mortgage applications in North Carolina in 2025, ranking #196 of 1,253 lenders active in the state. It originated 53.0% of them and denied 2.7% (4.4% of the applications it decided), against a statewide denial rate of 18.1%.

300Applicationsin NC
4.4%Decision denial ratestate 22.8%
6.50%Median ratestate 6.50%
$355,000Median loanstate $225,000
$62MVolume45 counties

Filo Mortgage in North Carolina vs the state

2.7%Denial rate-15.39 pts vs state
4.4%Decision denial rate-18.42 pts vs state
53.0%Origination rate-4.81 pts vs state
6.50%Median rate0.00 pts vs state
0.24Rate spread (pts)+0.15 pts vs state
$130kMedian applicant income
159Loans originated
8Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023139650.7%6.38%#243
2024143746.3%6.43%#253
20253001592.7%6.50%#196

What Filo Mortgage lends in North Carolina

By loan purpose

Home purchase 207 69% · 1.5% denied
Refinance 58 19% · 5.2% denied
Cash-out refinance 34 11% · 5.9% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 226 75% · 2.7% denied
FHA 51 17% · 3.9% denied
VA 23 8% · 0.0% denied

Why it denied North Carolina applicants

Debt-to-income ratio 3 38%
Collateral 2 25%
Other 2 25%
Employment history 1 13%

Where in North Carolina

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 62353 4.8%
Wake County 55300 0.0%
Gaston County 1860 0.0%
Durham County 18130 0.0%
New Hanover County 1440 0.0%
Union County 1381 7.7%
Johnston County 950 0.0%
Iredell County 831 12.5%
Cabarrus County 750 0.0%
Orange County 611 16.7%

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: 300 applications in 2025, of which 159 were originated and 8 denied.

2.7% of all applications, or 4.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

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

About this data. Figures are Filo 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