Loan Simple in North Carolina vs the state
9.1%Denial rate-8.97 pts vs state
12.9%Decision denial rate-9.89 pts vs state
61.2%Origination rate+3.43 pts vs state
6.88%Median rate+0.38 pts vs state
1.18Rate spread (pts)+1.09 pts vs state
$90kMedian applicant income
128Loans originated
19Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 86 | 51 | 1.2% | 7.25% | #318 |
| 2025 | 209 | 128 | 9.1% | 6.88% | #229 |
What Loan Simple 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 Simple applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 14 | 6 | 3 | 21.4% |
| Johnston County | 12 | 6 | 1 | 8.3% |
| Gaston County | 12 | 7 | 2 | 16.7% |
| Brunswick County | 9 | 4 | 1 | 11.1% |
| Wayne County | 7 | 5 | 2 | 28.6% |
| Rowan County | 6 | 4 | 1 | 16.7% |
| Durham County | 6 | 4 | 0 | 0.0% |
| Rutherford County | 6 | 5 | 0 | 0.0% |
| Mecklenburg County | 6 | 3 | 0 | 0.0% |
| Cabarrus County | 6 | 4 | 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: 209 applications in 2025, of which 128 were originated and 19 denied.
9.1% of all applications, or 12.9% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Loan Simple originated in North Carolina in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are Loan Simple'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