First Palmetto Bank in North Carolina vs the state
10.0%Denial rate-8.06 pts vs state
10.5%Decision denial rate-12.29 pts vs state
85.0%Origination rate+27.19 pts vs state
6.99%Median rate+0.49 pts vs state
0.64Rate spread (pts)+0.55 pts vs state
$168kMedian applicant income
17Loans originated
2Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 22 | 4.2% | 6.75% | #475 |
| 2024 | 18 | 16 | 5.6% | 7.13% | #519 |
| 2025 | 20 | 17 | 10.0% | 6.99% | #528 |
What First Palmetto 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 Palmetto Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Columbus County | 6 | 4 | 1 | 16.7% |
| Mecklenburg County | 4 | 3 | 1 | 25.0% |
| Brunswick County | 2 | 2 | 0 | 0.0% |
| Transylvania County | 2 | 2 | 0 | 0.0% |
| Gaston County | 1 | 1 | 0 | 0.0% |
| Lincoln County | 1 | 1 | 0 | 0.0% |
| Chatham County | 1 | 1 | 0 | 0.0% |
| Henderson County | 1 | 1 | 0 | 0.0% |
| Watauga County | 1 | 1 | 0 | 0.0% |
| Burke County | 1 | 1 | 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: 20 applications in 2025, of which 17 were originated and 2 denied.
10.0% of all applications, or 10.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans First Palmetto Bank originated in North Carolina in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are First Palmetto 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