Navy Federal Credit Union in North Carolina vs the state
19.4%Denial rate+1.38 pts vs state
27.7%Decision denial rate+4.89 pts vs state
49.7%Origination rate-8.13 pts vs state
7.13%Median rate+0.63 pts vs state
0.33Rate spread (pts)+0.24 pts vs state
$110kMedian applicant income
5,249Loans originated
2,054Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10,256 | 4,725 | 27.2% | 7.20% | #8 |
| 2024 | 11,029 | 5,460 | 21.1% | 7.20% | #8 |
| 2025 | 10,565 | 5,249 | 19.4% | 7.13% | #7 |
What Navy Federal Credit Union lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Onslow County | 1,402 | 764 | 249 | 17.8% |
| Wake County | 1,002 | 494 | 190 | 19.0% |
| Cumberland County | 869 | 374 | 210 | 24.2% |
| Mecklenburg County | 656 | 287 | 150 | 22.9% |
| Craven County | 436 | 266 | 58 | 13.3% |
| Harnett County | 307 | 170 | 54 | 17.6% |
| Johnston County | 296 | 149 | 52 | 17.6% |
| Guilford County | 259 | 118 | 53 | 20.5% |
| Carteret County | 248 | 134 | 35 | 14.1% |
| Durham County | 229 | 124 | 35 | 15.3% |
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% |
| 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% |
| Freedom Mortgage | B | 9,632 | 7.1% | 6.13% |
Frequently asked questions
North Carolina: 10,565 applications in 2025, of which 5,249 were originated and 2,054 denied.
19.4% of all applications, or 27.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Navy Federal Credit Union originated in North Carolina in 2025 was 7.13%, against a statewide median of 6.50%.
About this data. Figures are Navy Federal Credit Union'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