Mortgage Research Center in North Carolina vs the state
17.7%Denial rate-0.33 pts vs state
26.8%Decision denial rate+4.01 pts vs state
47.6%Origination rate-10.26 pts vs state
6.25%Median rate-0.25 pts vs state
-0.20Rate spread (pts)-0.28 pts vs state
$92kMedian applicant income
4,769Loans originated
1,778Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7,357 | 3,911 | 13.7% | 6.75% | #12 |
| 2024 | 8,562 | 4,358 | 15.2% | 6.63% | #10 |
| 2025 | 10,029 | 4,769 | 17.7% | 6.25% | #10 |
What Mortgage Research Center lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 1,424 | 752 | 206 | 14.5% |
| Onslow County | 1,048 | 563 | 154 | 14.7% |
| Harnett County | 426 | 207 | 69 | 16.2% |
| Wake County | 398 | 143 | 77 | 19.3% |
| Mecklenburg County | 373 | 140 | 75 | 20.1% |
| Hoke County | 326 | 188 | 34 | 10.4% |
| Guilford County | 277 | 138 | 54 | 19.5% |
| Forsyth County | 269 | 128 | 51 | 19.0% |
| Johnston County | 234 | 107 | 51 | 21.8% |
| Craven County | 233 | 112 | 51 | 21.9% |
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% |
| Freedom Mortgage | B | 9,632 | 7.1% | 6.13% |
Frequently asked questions
North Carolina: 10,029 applications in 2025, of which 4,769 were originated and 1,778 denied.
17.7% of all applications, or 26.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Mortgage Research Center originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Mortgage Research Center'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