First Flight · North Carolina · 2025

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

First Flight took 131 mortgage applications in North Carolina in 2025, ranking #287 of 1,253 lenders active in the state. It originated 55.7% of them and denied 18.3% (23.5% of the applications it decided), against a statewide denial rate of 18.1%.

131Applicationsin NC
23.5%Decision denial ratestate 22.8%
Median ratestate 6.50%
$75,000Median loanstate $225,000
$8.6MVolume23 counties

First Flight in North Carolina vs the state

18.3%Denial rate+0.26 pts vs state
23.5%Decision denial rate+0.71 pts vs state
55.7%Origination rate-2.08 pts vs state
Median rate
Rate spread (pts)
$84kMedian applicant income
73Loans originated
24Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231317921.4%#249
20241347519.4%#266
20251317318.3%#287

What First Flight lends in North Carolina

By loan purpose

Home purchase 32 24% · 15.6% denied
Refinance 14 11% · 21.4% denied
Cash-out refinance 25 19% · 24.0% denied
Home improvement 22 17% · 18.2% denied
Other / HELOC 38 29% · 15.8% denied

By loan type

Conventional 131 100% · 18.3% denied

Why it denied North Carolina applicants

Credit history 11 46%
Other 6 25%
Collateral 4 17%
Debt-to-income ratio 3 13%

Where in North Carolina

Counties with the most First Flight applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Craven County 46309 19.6%
Carteret County 30184 13.3%
Pitt County 1272 16.7%
Jones County 731 14.3%
Wake County 621 16.7%
Pamlico County 321 33.3%
Onslow County 201 50.0%
Wayne County 211 50.0%
Nash County 220 0.0%
Lenoir County 210 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: 131 applications in 2025, of which 73 were originated and 24 denied.

18.3% of all applications, or 23.5% 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 Flight'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