Inova · North Carolina · 2025

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

Inova took 13 mortgage applications in North Carolina in 2025, ranking #588 of 1,253 lenders active in the state. It originated 61.5% of them and denied 15.4% (20.0% of the applications it decided), against a statewide denial rate of 18.1%.

13Applicationsin NC
20.0%Decision denial ratestate 22.8%
2.99%Median ratestate 6.50%
$125,000Median loanstate $225,000
$1.3MVolume9 counties

Inova in North Carolina vs the state

15.4%Denial rate-2.68 pts vs state
20.0%Decision denial rate-2.82 pts vs state
61.5%Origination rate+3.73 pts vs state
2.99%Median rate-3.51 pts vs state
0.05Rate spread (pts)-0.04 pts vs state
$140kMedian applicant income
8Loans originated
2Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023231526.1%2.99%#485
2024221018.2%2.99%#495
202513815.4%2.99%#588

What Inova lends in North Carolina

By loan purpose

Home purchase 2 15% · 0.0% denied
Refinance 2 15% · 0.0% denied
Home improvement 4 31% · 25.0% denied
Other / HELOC 5 38% · 20.0% denied

By loan type

Conventional 13 100% · 15.4% denied

Why it denied North Carolina applicants

Credit history 2 100%

Where in North Carolina

Counties with the most Inova applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Johnston County 321 33.3%
Wake County 200 0.0%
Rowan County 211 50.0%
Davidson County 110 0.0%
Granville County 110 0.0%
Mecklenburg County 110 0.0%
Burke County 110 0.0%
Buncombe County 110 0.0%
Nash County 100 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: 13 applications in 2025, of which 8 were originated and 2 denied.

15.4% of all applications, or 20.0% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Inova originated in North Carolina in 2025 was 2.99%, against a statewide median of 6.50%.

About this data. Figures are Inova'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