First Federal Bank in North Carolina vs the state
8.7%Denial rate-9.35 pts vs state
12.8%Decision denial rate-10.02 pts vs state
59.1%Origination rate+1.25 pts vs state
6.25%Median rate-0.25 pts vs state
-0.06Rate spread (pts)-0.15 pts vs state
$126kMedian applicant income
251Loans originated
37Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 301 | 207 | 7.3% | 6.50% | #156 |
| 2024 | 454 | 275 | 9.0% | 6.38% | #134 |
| 2025 | 425 | 251 | 8.7% | 6.25% | #153 |
What First Federal 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 Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 90 | 56 | 6 | 6.7% |
| Wake County | 46 | 22 | 2 | 4.3% |
| Gaston County | 33 | 25 | 1 | 3.0% |
| Cabarrus County | 15 | 7 | 2 | 13.3% |
| Durham County | 14 | 9 | 0 | 0.0% |
| Forsyth County | 13 | 11 | 2 | 15.4% |
| Brunswick County | 12 | 9 | 1 | 8.3% |
| Guilford County | 12 | 7 | 2 | 16.7% |
| Iredell County | 12 | 8 | 1 | 8.3% |
| Cleveland County | 12 | 9 | 0 | 0.0% |
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: 425 applications in 2025, of which 251 were originated and 37 denied.
8.7% of all applications, or 12.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans First Federal Bank originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are First Federal 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