Legend Lending in North Carolina vs the state
6.4%Denial rate-11.68 pts vs state
7.5%Decision denial rate-15.32 pts vs state
78.7%Origination rate+20.91 pts vs state
6.63%Median rate+0.13 pts vs state
1.03Rate spread (pts)+0.94 pts vs state
$80kMedian applicant income
37Loans originated
3Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 123 | 87 | 2.4% | 7.13% | #258 |
| 2024 | 132 | 92 | 0.8% | 7.13% | #268 |
| 2025 | 47 | 37 | 6.4% | 6.63% | #408 |
What Legend Lending lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Legend Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 21 | 16 | 2 | 9.5% |
| Cabarrus County | 5 | 2 | 0 | 0.0% |
| Guilford County | 4 | 2 | 1 | 25.0% |
| Iredell County | 3 | 3 | 0 | 0.0% |
| Cumberland County | 3 | 3 | 0 | 0.0% |
| Davidson County | 2 | 2 | 0 | 0.0% |
| Anson County | 2 | 2 | 0 | 0.0% |
| Forsyth County | 2 | 2 | 0 | 0.0% |
| Rowan County | 2 | 2 | 0 | 0.0% |
| Pitt County | 2 | 2 | 0 | 0.0% |
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: 47 applications in 2025, of which 37 were originated and 3 denied.
6.4% of all applications, or 7.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Legend Lending originated in North Carolina in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Legend Lending'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