Nations Lending · North Carolina · 2025

Nations Lending in North Carolina: approval rate, denial rate and rates (2025)

Nations Lending took 172 mortgage applications in North Carolina in 2025, ranking #249 of 1,253 lenders active in the state. It originated 73.3% of them and denied 11.1% (11.5% of the applications it decided), against a statewide denial rate of 18.1%.

172Applicationsin NC
11.5%Decision denial ratestate 22.8%
6.38%Median ratestate 6.50%
$205,000Median loanstate $225,000
$29MVolume61 counties

Nations Lending in North Carolina vs the state

11.1%Denial rate-7.01 pts vs state
11.5%Decision denial rate-11.30 pts vs state
73.3%Origination rate+15.45 pts vs state
6.38%Median rate-0.13 pts vs state
0.38Rate spread (pts)+0.30 pts vs state
$72kMedian applicant income
126Loans originated
19Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232451648.6%6.75%#177
20241631209.8%6.38%#237
202517212611.1%6.38%#249

What Nations Lending lends in North Carolina

By loan purpose

Home purchase 45 26% · 2.2% denied
Refinance 33 19% · 0.0% denied
Cash-out refinance 94 55% · 19.2% denied

By loan type

Conventional 53 31% · 5.7% denied
FHA 83 48% · 15.7% denied
VA 35 20% · 8.6% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied North Carolina applicants

Credit history 6 32%
Collateral 5 26%
Debt-to-income ratio 4 21%
Incomplete application 2 11%
Other 1 5%
Unverifiable information 1 5%

Where in North Carolina

Counties with the most Nations Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Onslow County 970 0.0%
Catawba County 971 11.1%
Brunswick County 950 0.0%
Davidson County 880 0.0%
Buncombe County 750 0.0%
Wake County 741 14.3%
Johnston County 650 0.0%
Mecklenburg County 651 16.7%
Guilford County 550 0.0%
Harnett County 541 20.0%

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: 172 applications in 2025, of which 126 were originated and 19 denied.

11.1% of all applications, or 11.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Nations Lending originated in North Carolina in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Nations Lending'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