Luminate Bank in North Carolina vs the state
1.6%Denial rate-16.47 pts vs state
2.1%Decision denial rate-20.76 pts vs state
75.4%Origination rate+17.59 pts vs state
6.88%Median rate+0.38 pts vs state
0.29Rate spread (pts)+0.21 pts vs state
$170kMedian applicant income
95Loans originated
2Denied
What Luminate Bank lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New Hanover County | 30 | 27 | 0 | 0.0% |
| Pender County | 13 | 11 | 0 | 0.0% |
| Brunswick County | 13 | 10 | 1 | 7.7% |
| Wake County | 8 | 5 | 0 | 0.0% |
| Mecklenburg County | 8 | 6 | 0 | 0.0% |
| Onslow County | 6 | 5 | 0 | 0.0% |
| Johnston County | 5 | 2 | 0 | 0.0% |
| Cumberland County | 3 | 2 | 0 | 0.0% |
| Burke County | 3 | 2 | 0 | 0.0% |
| Yancey County | 2 | 1 | 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: 126 applications in 2025, of which 95 were originated and 2 denied.
1.6% of all applications, or 2.1% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Luminate Bank originated in North Carolina in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are Luminate Bank'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