First Community Bank · North Carolina · 2025

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

First Community Bank took 181 mortgage applications in North Carolina in 2025, ranking #241 of 1,253 lenders active in the state. It originated 55.8% of them and denied 24.3% (29.5% of the applications it decided), against a statewide denial rate of 18.1%.

181Applicationsin NC
29.5%Decision denial ratestate 22.8%
7.50%Median ratestate 6.50%
$105,000Median loanstate $225,000
$19MVolume16 counties

First Community Bank in North Carolina vs the state

24.3%Denial rate+6.25 pts vs state
29.5%Decision denial rate+6.71 pts vs state
55.8%Origination rate-2.01 pts vs state
7.50%Median rate+1.00 pts vs state
1.14Rate spread (pts)+1.05 pts vs state
$75kMedian applicant income
101Loans originated
44Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023844727.4%7.75%#308
2024492436.7%7.89%#394
202518110124.3%7.50%#241

What First Community Bank lends in North Carolina

By loan purpose

Home purchase 47 26% · 12.8% denied
Refinance 56 31% · 17.9% denied
Home improvement 51 28% · 29.4% denied
Other / HELOC 27 15% · 48.2% denied

By loan type

Conventional 181 100% · 24.3% denied

Why it denied North Carolina applicants

Debt-to-income ratio 18 41%
Credit history 14 32%
Collateral 9 20%
Unverifiable information 2 5%
Other 1 2%

Where in North Carolina

Counties with the most First Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Surry County 624013 21.0%
Alexander County 381813 34.2%
Wilkes County 22118 36.4%
Alleghany County 16103 18.8%
Watauga County 1444 28.6%
Stokes County 641 16.7%
Avery County 531 20.0%
Forsyth County 420 0.0%
Catawba County 420 0.0%
Yadkin County 330 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: 181 applications in 2025, of which 101 were originated and 44 denied.

24.3% of all applications, or 29.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans First Community Bank originated in North Carolina in 2025 was 7.50%, against a statewide median of 6.50%.

About this data. Figures are First Community 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