Lendage in North Carolina vs the state
12.8%Denial rate-5.23 pts vs state
14.1%Decision denial rate-8.76 pts vs state
71.4%Origination rate+13.58 pts vs state
11.38%Median rate+4.88 pts vs state
5.21Rate spread (pts)+5.12 pts vs state
$105kMedian applicant income
534Loans originated
96Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 65 | 43 | 15.4% | 10.63% | #341 |
| 2024 | 682 | 502 | 12.8% | 13.25% | #104 |
| 2025 | 748 | 534 | 12.8% | 11.38% | #107 |
What Lendage lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 83 | 68 | 7 | 8.4% |
| Wake County | 79 | 55 | 17 | 21.5% |
| Guilford County | 40 | 33 | 1 | 2.5% |
| Cabarrus County | 29 | 23 | 1 | 3.4% |
| Union County | 28 | 20 | 3 | 10.7% |
| Cumberland County | 26 | 18 | 3 | 11.5% |
| Johnston County | 25 | 18 | 2 | 8.0% |
| Gaston County | 24 | 17 | 4 | 16.7% |
| Forsyth County | 22 | 14 | 4 | 18.2% |
| Durham County | 16 | 12 | 2 | 12.5% |
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: 748 applications in 2025, of which 534 were originated and 96 denied.
12.8% of all applications, or 14.1% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Lendage originated in North Carolina in 2025 was 11.38%, against a statewide median of 6.50%.
About this data. Figures are Lendage'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