First Reliance Bank · North Carolina · 2025

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

First Reliance Bank took 70 mortgage applications in North Carolina in 2025, ranking #358 of 1,253 lenders active in the state. It originated 80.0% of them and denied 2.9% (3.4% of the applications it decided), against a statewide denial rate of 18.1%.

70Applicationsin NC
3.4%Decision denial ratestate 22.8%
6.75%Median ratestate 6.50%
$265,000Median loanstate $225,000
$17MVolume31 counties

First Reliance Bank in North Carolina vs the state

2.9%Denial rate-15.20 pts vs state
3.4%Decision denial rate-19.43 pts vs state
80.0%Origination rate+22.19 pts vs state
6.75%Median rate+0.25 pts vs state
0.31Rate spread (pts)+0.23 pts vs state
$111kMedian applicant income
56Loans originated
2Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202399816.1%6.63%#289
202485762.4%6.63%#322
202570562.9%6.75%#358

What First Reliance Bank lends in North Carolina

By loan purpose

Home purchase 51 73% · 2.0% denied
Refinance 7 10% · 0.0% denied
Cash-out refinance 10 14% · 10.0% denied
Other / HELOC 2 3% · 0.0% denied

By loan type

Conventional 62 89% · 3.2% denied
FHA 2 3% · 0.0% denied
VA 4 6% · 0.0% denied
USDA / RHS 2 3% · 0.0% denied

Why it denied North Carolina applicants

Insufficient cash 1 50%
Credit history 1 50%

Where in North Carolina

Counties with the most First Reliance Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Macon County 16131 6.3%
Cherokee County 640 0.0%
Forsyth County 440 0.0%
Brunswick County 430 0.0%
Clay County 320 0.0%
Swain County 330 0.0%
Surry County 330 0.0%
Mecklenburg County 330 0.0%
Jackson County 210 0.0%
Cleveland 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: 70 applications in 2025, of which 56 were originated and 2 denied.

2.9% of all applications, or 3.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans First Reliance Bank originated in North Carolina in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are First Reliance 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