Loan Funder in North Carolina vs the state
9.0%Denial rate-9.10 pts vs state
17.6%Decision denial rate-5.19 pts vs state
41.9%Origination rate-15.95 pts vs state
9.99%Median rate+3.49 pts vs state
—Rate spread (pts)
—Median applicant income
257Loans originated
55Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 263 | 120 | 8.0% | 10.99% | #168 |
| 2024 | 726 | 305 | 10.2% | 10.99% | #98 |
| 2025 | 614 | 257 | 9.0% | 9.99% | #121 |
What Loan Funder lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Loan Funder applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 89 | 40 | 8 | 9.0% |
| Guilford County | 57 | 22 | 2 | 3.5% |
| Cumberland County | 38 | 18 | 4 | 10.5% |
| Gaston County | 31 | 15 | 2 | 6.5% |
| Forsyth County | 29 | 11 | 2 | 6.9% |
| Wake County | 22 | 9 | 2 | 9.1% |
| Brunswick County | 21 | 10 | 0 | 0.0% |
| Catawba County | 20 | 5 | 3 | 15.0% |
| Pitt County | 18 | 12 | 0 | 0.0% |
| Cabarrus County | 16 | 5 | 1 | 6.3% |
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: 614 applications in 2025, of which 257 were originated and 55 denied.
9.0% of all applications, or 17.6% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Loan Funder originated in North Carolina in 2025 was 9.99%, against a statewide median of 6.50%.
About this data. Figures are Loan Funder'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