Mid-Continent Funding in North Carolina vs the state
3.9%Denial rate-14.20 pts vs state
5.2%Decision denial rate-17.65 pts vs state
59.2%Origination rate+1.42 pts vs state
6.50%Median rate0.00 pts vs state
0.21Rate spread (pts)+0.13 pts vs state
$71kMedian applicant income
138Loans originated
9Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 161 | 91 | 5.6% | 6.50% | #222 |
| 2024 | 219 | 141 | 6.4% | 6.25% | #207 |
| 2025 | 233 | 138 | 3.9% | 6.50% | #219 |
What Mid-Continent Funding lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Mid-Continent Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 19 | 10 | 0 | 0.0% |
| Onslow County | 14 | 9 | 0 | 0.0% |
| Mecklenburg County | 10 | 6 | 0 | 0.0% |
| Wayne County | 9 | 5 | 0 | 0.0% |
| Rockingham County | 9 | 6 | 0 | 0.0% |
| Guilford County | 8 | 7 | 0 | 0.0% |
| Johnston County | 8 | 6 | 0 | 0.0% |
| Harnett County | 7 | 3 | 0 | 0.0% |
| Surry County | 7 | 4 | 0 | 0.0% |
| Brunswick County | 7 | 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: 233 applications in 2025, of which 138 were originated and 9 denied.
3.9% of all applications, or 5.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Mid-Continent Funding originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Mid-Continent Funding'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