First Bank in North Carolina vs the state
17.1%Denial rate-1.00 pts vs state
18.4%Decision denial rate-4.46 pts vs state
74.2%Origination rate+16.38 pts vs state
6.88%Median rate+0.38 pts vs state
0.21Rate spread (pts)+0.12 pts vs state
$118kMedian applicant income
1,492Loans originated
343Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,272 | 1,636 | 18.8% | 7.25% | #36 |
| 2024 | 1,807 | 1,312 | 19.8% | 7.88% | #49 |
| 2025 | 2,011 | 1,492 | 17.1% | 6.88% | #53 |
What First 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 First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Moore County | 210 | 172 | 26 | 12.4% |
| Brunswick County | 149 | 117 | 20 | 13.4% |
| Buncombe County | 144 | 90 | 39 | 27.1% |
| New Hanover County | 121 | 92 | 19 | 15.7% |
| Wake County | 94 | 70 | 16 | 17.0% |
| Guilford County | 73 | 52 | 12 | 16.4% |
| Beaufort County | 60 | 40 | 11 | 18.3% |
| Randolph County | 55 | 44 | 10 | 18.2% |
| Lee County | 52 | 45 | 6 | 11.5% |
| Stanly County | 48 | 33 | 13 | 27.1% |
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: 2,011 applications in 2025, of which 1,492 were originated and 343 denied.
17.1% of all applications, or 18.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans First Bank originated in North Carolina in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are First 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