First Heritage Mortgage in North Carolina vs the state
2.8%Denial rate-15.27 pts vs state
3.3%Decision denial rate-19.48 pts vs state
80.3%Origination rate+22.45 pts vs state
6.50%Median rate0.00 pts vs state
0.20Rate spread (pts)+0.12 pts vs state
$161kMedian applicant income
691Loans originated
24Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 644 | 421 | 0.2% | 6.63% | #104 |
| 2024 | 504 | 401 | 0.8% | 6.63% | #129 |
| 2025 | 861 | 691 | 2.8% | 6.50% | #93 |
What First Heritage Mortgage 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 Heritage Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 349 | 290 | 6 | 1.7% |
| Union County | 110 | 87 | 6 | 5.5% |
| Durham County | 60 | 49 | 1 | 1.7% |
| Mecklenburg County | 50 | 36 | 3 | 6.0% |
| Brunswick County | 37 | 31 | 0 | 0.0% |
| Dare County | 34 | 25 | 0 | 0.0% |
| Johnston County | 28 | 25 | 0 | 0.0% |
| Catawba County | 27 | 21 | 0 | 0.0% |
| Currituck County | 24 | 18 | 0 | 0.0% |
| Cumberland County | 15 | 8 | 5 | 33.3% |
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: 861 applications in 2025, of which 691 were originated and 24 denied.
2.8% of all applications, or 3.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans First Heritage Mortgage originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are First Heritage Mortgage'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