Hometown Equity Mortgage in North Carolina vs the state
39.1%Denial rate+21.00 pts vs state
40.5%Decision denial rate+17.63 pts vs state
55.9%Origination rate-1.87 pts vs state
7.38%Median rate+0.88 pts vs state
1.05Rate spread (pts)+0.96 pts vs state
$212kMedian applicant income
179Loans originated
125Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 116 | 40 | 50.9% | 8.75% | #268 |
| 2024 | 139 | 65 | 46.8% | 7.63% | #261 |
| 2025 | 320 | 179 | 39.1% | 7.38% | #188 |
What Hometown Equity 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 Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 37 | 25 | 9 | 24.3% |
| Wake County | 21 | 9 | 11 | 52.4% |
| Cumberland County | 21 | 11 | 7 | 33.3% |
| Forsyth County | 15 | 6 | 9 | 60.0% |
| Guilford County | 12 | 7 | 5 | 41.7% |
| Brunswick County | 12 | 9 | 3 | 25.0% |
| Onslow County | 11 | 10 | 1 | 9.1% |
| Durham County | 10 | 4 | 5 | 50.0% |
| Nash County | 9 | 4 | 5 | 55.6% |
| Gaston County | 9 | 4 | 4 | 44.4% |
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: 320 applications in 2025, of which 179 were originated and 125 denied.
39.1% of all applications, or 40.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Hometown Equity Mortgage originated in North Carolina in 2025 was 7.38%, against a statewide median of 6.50%.
About this data. Figures are Hometown Equity 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