Keystone Funding · North Carolina · 2025

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

Keystone Funding took 209 mortgage applications in North Carolina in 2025, ranking #228 of 1,253 lenders active in the state. It originated 84.2% of them and denied 2.4% (2.4% of the applications it decided), against a statewide denial rate of 18.1%.

209Applicationsin NC
2.4%Decision denial ratestate 22.8%
6.25%Median ratestate 6.50%
$295,000Median loanstate $225,000
$55MVolume47 counties

Keystone Funding in North Carolina vs the state

2.4%Denial rate-15.67 pts vs state
2.4%Decision denial rate-20.43 pts vs state
84.2%Origination rate+26.40 pts vs state
6.25%Median rate-0.25 pts vs state
0.10Rate spread (pts)+0.01 pts vs state
$104kMedian applicant income
176Loans originated
5Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372532.8%6.13%#326
2024111944.5%6.38%#291
20252091762.4%6.25%#228

What Keystone Funding lends in North Carolina

By loan purpose

Home purchase 188 90% · 2.1% denied
Refinance 14 7% · 7.1% denied
Cash-out refinance 7 3% · 0.0% denied

By loan type

Conventional 94 45% · 2.1% denied
FHA 63 30% · 3.2% denied
VA 44 21% · 2.3% denied
USDA / RHS 8 4% · 0.0% denied

Why it denied North Carolina applicants

Employment history 3 60%
Debt-to-income ratio 2 40%

Where in North Carolina

Counties with the most Keystone Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nash County 37332 5.4%
Mecklenburg County 15100 0.0%
Harnett County 15141 6.7%
Edgecombe County 1090 0.0%
Wake County 970 0.0%
Currituck County 770 0.0%
Pitt County 660 0.0%
Forsyth County 540 0.0%
Wilson County 540 0.0%
Brunswick County 550 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: 209 applications in 2025, of which 176 were originated and 5 denied.

2.4% of all applications, or 2.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Keystone Funding originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Keystone Funding'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