Longbridge Financial · North Carolina · 2025

Longbridge Financial in North Carolina: approval rate, denial rate and rates (2025)

Longbridge Financial took 236 mortgage applications in North Carolina in 2025, ranking #217 of 1,253 lenders active in the state. It originated 62.3% of them and denied 11.0% (13.8% of the applications it decided), against a statewide denial rate of 18.1%.

236Applicationsin NC
13.8%Decision denial ratestate 22.8%
6.13%Median ratestate 6.50%
$155,000Median loanstate $225,000
$28MVolume60 counties

Longbridge Financial in North Carolina vs the state

11.0%Denial rate-7.04 pts vs state
13.8%Decision denial rate-8.99 pts vs state
62.3%Origination rate+4.48 pts vs state
6.13%Median rate-0.38 pts vs state
Rate spread (pts)
$34kMedian applicant income
147Loans originated
26Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231116018.0%7.52%#274
20241439010.5%7.00%#254
202523614711.0%6.13%#217

What Longbridge Financial lends in North Carolina

By loan purpose

Home purchase 10 4% · 0.0% denied
Refinance 131 56% · 10.7% denied
Cash-out refinance 1 0% · 100.0% denied
Home improvement 12 5% · 0.0% denied
Other / HELOC 82 35% · 13.4% denied

By loan type

Conventional 36 15% · 25.0% denied
FHA 200 85% · 8.5% denied

Why it denied North Carolina applicants

Other 6 23%
Insufficient cash 5 19%
Collateral 5 19%
Incomplete application 5 19%
Unverifiable information 2 8%
Debt-to-income ratio 2 8%
Credit history 1 4%

Where in North Carolina

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wake County 27174 14.8%
Mecklenburg County 22131 4.5%
Brunswick County 1272 16.7%
Durham County 1271 8.3%
Union County 1041 10.0%
Guilford County 1081 10.0%
New Hanover County 843 37.5%
Moore County 860 0.0%
Iredell County 620 0.0%
Buncombe County 650 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: 236 applications in 2025, of which 147 were originated and 26 denied.

11.0% of all applications, or 13.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Longbridge Financial originated in North Carolina in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Longbridge Financial'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