Freedom Mortgage in North Carolina vs the state
7.1%Denial rate-10.96 pts vs state
11.4%Decision denial rate-11.46 pts vs state
46.3%Origination rate-11.47 pts vs state
6.13%Median rate-0.38 pts vs state
-0.11Rate spread (pts)-0.20 pts vs state
$95kMedian applicant income
4,463Loans originated
684Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,784 | 1,365 | 11.6% | 6.75% | #31 |
| 2024 | 6,545 | 3,445 | 7.6% | 6.25% | #15 |
| 2025 | 9,632 | 4,463 | 7.1% | 6.13% | #11 |
What Freedom 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 Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 977 | 490 | 68 | 7.0% |
| Onslow County | 851 | 429 | 52 | 6.1% |
| Mecklenburg County | 644 | 300 | 48 | 7.5% |
| Wake County | 642 | 280 | 42 | 6.5% |
| Harnett County | 429 | 223 | 30 | 7.0% |
| Johnston County | 357 | 169 | 21 | 5.9% |
| Guilford County | 324 | 130 | 26 | 8.0% |
| Hoke County | 254 | 144 | 8 | 3.1% |
| Forsyth County | 245 | 108 | 25 | 10.2% |
| Brunswick County | 231 | 89 | 10 | 4.3% |
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: 9,632 applications in 2025, of which 4,463 were originated and 684 denied.
7.1% of all applications, or 11.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Freedom Mortgage originated in North Carolina in 2025 was 6.13%, against a statewide median of 6.50%.
About this data. Figures are Freedom 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