Network Capital Funding in North Carolina vs the state
18.2%Denial rate+0.12 pts vs state
56.9%Decision denial rate+34.06 pts vs state
11.7%Origination rate-46.08 pts vs state
6.50%Median rate0.00 pts vs state
0.07Rate spread (pts)-0.02 pts vs state
$88kMedian applicant income
40Loans originated
62Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 831 | 39 | 29.4% | 6.38% | #87 |
| 2024 | 843 | 88 | 14.2% | 6.25% | #85 |
| 2025 | 341 | 40 | 18.2% | 6.50% | #176 |
What Network Capital 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 Network Capital Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 53 | 6 | 9 | 17.0% |
| Mecklenburg County | 40 | 9 | 4 | 10.0% |
| Cumberland County | 17 | 2 | 2 | 11.8% |
| Guilford County | 16 | 2 | 6 | 37.5% |
| Onslow County | 12 | 3 | 2 | 16.7% |
| Brunswick County | 11 | 1 | 1 | 9.1% |
| Buncombe County | 11 | 2 | 3 | 27.3% |
| Union County | 10 | 0 | 4 | 40.0% |
| Durham County | 10 | 0 | 3 | 30.0% |
| Johnston County | 9 | 0 | 3 | 33.3% |
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% |
| 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: 341 applications in 2025, of which 40 were originated and 62 denied.
18.2% of all applications, or 56.9% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Network Capital Funding originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Network Capital 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