Homexpress Mortgage · North Carolina · 2025

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

Homexpress Mortgage took 338 mortgage applications in North Carolina in 2025, ranking #177 of 1,253 lenders active in the state. It originated 58.3% of them and denied 40.2% (40.6% of the applications it decided), against a statewide denial rate of 18.1%.

338Applicationsin NC
40.6%Decision denial ratestate 22.8%
7.63%Median ratestate 6.50%
$215,000Median loanstate $225,000
$57MVolume70 counties

Homexpress Mortgage in North Carolina vs the state

40.2%Denial rate+22.18 pts vs state
40.6%Decision denial rate+17.78 pts vs state
58.3%Origination rate+0.47 pts vs state
7.63%Median rate+1.13 pts vs state
1.40Rate spread (pts)+1.31 pts vs state
$192kMedian applicant income
197Loans originated
136Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231567450.0%8.75%#226
202426313147.2%8.00%#191
202533819740.2%7.63%#177

What Homexpress Mortgage lends in North Carolina

By loan purpose

Home purchase 94 28% · 31.9% denied
Refinance 40 12% · 52.5% denied
Cash-out refinance 204 60% · 41.7% denied

By loan type

Conventional 335 99% · 40.0% denied
VA 3 1% · 66.7% denied

Why it denied North Carolina applicants

Credit history 89 65%
Collateral 28 21%
Unverifiable information 7 5%
Incomplete application 5 4%
Debt-to-income ratio 4 3%
Insufficient cash 2 1%
Employment history 1 1%

Where in North Carolina

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 422615 35.7%
Cumberland County 251114 56.0%
Wake County 21137 33.3%
Guilford County 1577 46.7%
Alamance County 13112 15.4%
New Hanover County 12102 16.7%
Iredell County 953 33.3%
Durham County 945 55.6%
Rowan County 981 11.1%
Gaston County 972 22.2%

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: 338 applications in 2025, of which 197 were originated and 136 denied.

40.2% of all applications, or 40.6% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Homexpress Mortgage originated in North Carolina in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are Homexpress 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