Milend in North Carolina vs the state
13.2%Denial rate-4.85 pts vs state
34.4%Decision denial rate+11.54 pts vs state
23.1%Origination rate-34.69 pts vs state
6.38%Median rate-0.13 pts vs state
0.38Rate spread (pts)+0.29 pts vs state
$73kMedian applicant income
175Loans originated
100Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 413 | 121 | 11.1% | 6.88% | #130 |
| 2024 | 506 | 153 | 7.9% | 6.63% | #128 |
| 2025 | 757 | 175 | 13.2% | 6.38% | #105 |
What Milend lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 47 | 12 | 3 | 6.4% |
| Guilford County | 43 | 8 | 5 | 11.6% |
| Wake County | 42 | 11 | 6 | 14.3% |
| Cumberland County | 36 | 6 | 4 | 11.1% |
| Forsyth County | 26 | 7 | 3 | 11.5% |
| Gaston County | 24 | 2 | 3 | 12.5% |
| Catawba County | 22 | 5 | 7 | 31.8% |
| Cabarrus County | 22 | 4 | 2 | 9.1% |
| Rowan County | 22 | 5 | 4 | 18.2% |
| Johnston County | 19 | 1 | 4 | 21.1% |
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: 757 applications in 2025, of which 175 were originated and 100 denied.
13.2% of all applications, or 34.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Milend originated in North Carolina in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Milend'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