First Bancorp in North Carolina vs the state
3.6%Denial rate-14.45 pts vs state
3.7%Decision denial rate-19.16 pts vs state
92.8%Origination rate+34.96 pts vs state
7.50%Median rate+1.00 pts vs state
0.58Rate spread (pts)+0.49 pts vs state
$124kMedian applicant income
77Loans originated
3Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 86 | 79 | 1.2% | 7.75% | #305 |
| 2024 | 87 | 84 | 0.0% | 7.75% | #317 |
| 2025 | 83 | 77 | 3.6% | 7.50% | #344 |
What First Bancorp 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 Bancorp applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Nash County | 14 | 13 | 0 | 0.0% |
| Surry County | 12 | 10 | 2 | 16.7% |
| Wilkes County | 5 | 5 | 0 | 0.0% |
| Harnett County | 4 | 4 | 0 | 0.0% |
| Carteret County | 4 | 4 | 0 | 0.0% |
| Wake County | 4 | 4 | 0 | 0.0% |
| Randolph County | 3 | 3 | 0 | 0.0% |
| Mecklenburg County | 3 | 3 | 0 | 0.0% |
| Northampton County | 3 | 3 | 0 | 0.0% |
| Wilson County | 3 | 3 | 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: 83 applications in 2025, of which 77 were originated and 3 denied.
3.6% of all applications, or 3.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans First Bancorp originated in North Carolina in 2025 was 7.50%, against a statewide median of 6.50%.
About this data. Figures are First Bancorp'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