FirstBank · North Carolina · 2025

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

FirstBank took 19 mortgage applications in North Carolina in 2025, ranking #537 of 1,253 lenders active in the state. It originated 79.0% of them and denied 5.3% (6.3% of the applications it decided), against a statewide denial rate of 18.1%.

19Applicationsin NC
6.3%Decision denial ratestate 22.8%
6.89%Median ratestate 6.50%
$335,000Median loanstate $225,000
$13MVolume13 counties

FirstBank in North Carolina vs the state

5.3%Denial rate-12.80 pts vs state
6.3%Decision denial rate-16.57 pts vs state
79.0%Origination rate+21.14 pts vs state
6.89%Median rate+0.39 pts vs state
0.24Rate spread (pts)+0.15 pts vs state
$182kMedian applicant income
15Loans originated
1Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023181111.1%6.63%#524
202419170.0%6.88%#517
202519155.3%6.89%#537

What FirstBank lends in North Carolina

By loan purpose

Home purchase 14 74% · 7.1% denied
Refinance 1 5% · 0.0% denied
Cash-out refinance 2 11% · 0.0% denied
Other / HELOC 2 11% · 0.0% denied

By loan type

Conventional 18 95% · 5.6% denied
VA 1 5% · 0.0% denied

Why it denied North Carolina applicants

Collateral 1 100%

Where in North Carolina

Counties with the most FirstBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jackson County 330 0.0%
Cherokee County 211 50.0%
Cumberland County 210 0.0%
Pitt County 220 0.0%
Buncombe County 220 0.0%
Wake County 110 0.0%
Alamance County 110 0.0%
Union County 110 0.0%
Moore County 100 0.0%
Henderson County 110 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: 19 applications in 2025, of which 15 were originated and 1 denied.

5.3% of all applications, or 6.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans FirstBank originated in North Carolina in 2025 was 6.89%, against a statewide median of 6.50%.

About this data. Figures are FirstBank'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