New Day Financial · North Carolina · 2025

New Day Financial in North Carolina: approval rate, denial rate and rates (2025)

New Day Financial took 2,855 mortgage applications in North Carolina in 2025, ranking #34 of 1,253 lenders active in the state. It originated 19.2% of them and denied 24.2% (53.8% of the applications it decided), against a statewide denial rate of 18.1%.

2.9kApplicationsin NC
53.8%Decision denial ratestate 22.8%
6.99%Median ratestate 6.50%
$275,000Median loanstate $225,000
$155MVolume99 counties

New Day Financial in North Carolina vs the state

24.2%Denial rate+6.14 pts vs state
53.8%Decision denial rate+31.00 pts vs state
19.2%Origination rate-38.62 pts vs state
6.99%Median rate+0.49 pts vs state
0.78Rate spread (pts)+0.69 pts vs state
$76kMedian applicant income
548Loans originated
691Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,97441723.7%7.49%#44
20242,69849423.5%7.50%#38
20252,85554824.2%6.99%#34

What New Day Financial lends in North Carolina

By loan purpose

Home purchase 51 2% · 7.8% denied
Refinance 313 11% · 2.6% denied
Cash-out refinance 2,424 85% · 27.0% denied
Other / HELOC 67 2% · 35.8% denied

By loan type

Conventional 1 0% · 0.0% denied
FHA 96 3% · 51.0% denied
VA 2,758 97% · 23.3% denied

Why it denied North Carolina applicants

Credit history 424 61%
Debt-to-income ratio 183 26%
Other 55 8%
Collateral 26 4%
Unverifiable information 3 0%

Where in North Carolina

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 2795771 25.4%
Onslow County 1623728 17.3%
Mecklenburg County 1442333 22.9%
Wake County 1241835 28.2%
Forsyth County 1191828 23.5%
Guilford County 1042034 32.7%
Johnston County 761321 27.6%
Harnett County 751919 25.3%
Craven County 74169 12.2%
Gaston County 701328 40.0%

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: 2,855 applications in 2025, of which 548 were originated and 691 denied.

24.2% of all applications, or 53.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans New Day Financial originated in North Carolina in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are New Day Financial'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