First Carolina Bank · North Carolina · 2025

First Carolina Bank in North Carolina: approval rate, denial rate and rates (2025)

First Carolina Bank took 100 mortgage applications in North Carolina in 2025, ranking #323 of 1,253 lenders active in the state. It originated 84.0% of them and denied 4.0% (4.2% of the applications it decided), against a statewide denial rate of 18.1%.

100Applicationsin NC
4.2%Decision denial ratestate 22.8%
Median ratestate 6.50%
$460,000Median loanstate $225,000
$73MVolume29 counties

First Carolina Bank in North Carolina vs the state

4.0%Denial rate-14.06 pts vs state
4.2%Decision denial rate-18.65 pts vs state
84.0%Origination rate+26.19 pts vs state
Median rate
Rate spread (pts)
$282kMedian applicant income
84Loans originated
4Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023106865.7%#280
2024108917.4%#295
2025100844.0%#323

What First Carolina Bank lends in North Carolina

By loan purpose

Home purchase 73 73% · 5.5% denied
Refinance 20 20% · 0.0% denied
Home improvement 2 2% · 0.0% denied
Other / HELOC 5 5% · 0.0% denied

By loan type

Conventional 100 100% · 4.0% denied

Where in North Carolina

Counties with the most First Carolina Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Hanover County 17170 0.0%
Wake County 15140 0.0%
Rockingham County 1090 0.0%
Nash County 981 11.1%
Carteret County 860 0.0%
Durham County 861 12.5%
Johnston County 420 0.0%
Warren County 330 0.0%
Ashe County 211 50.0%
Edgecombe County 220 0.0%

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: 100 applications in 2025, of which 84 were originated and 4 denied.

4.0% of all applications, or 4.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are First Carolina 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