New Peoples Bank · North Carolina · 2025

New Peoples Bank in North Carolina: approval rate, denial rate and rates (2025)

New Peoples Bank took 24 mortgage applications in North Carolina in 2025, ranking #499 of 1,253 lenders active in the state. It originated 75.0% of them and denied 8.3% (10.0% of the applications it decided), against a statewide denial rate of 18.1%.

24Applicationsin NC
10.0%Decision denial ratestate 22.8%
7.05%Median ratestate 6.50%
$305,000Median loanstate $225,000
$8.5MVolume5 counties

New Peoples Bank in North Carolina vs the state

8.3%Denial rate-9.73 pts vs state
10.0%Decision denial rate-12.82 pts vs state
75.0%Origination rate+17.19 pts vs state
7.05%Median rate+0.54 pts vs state
0.14Rate spread (pts)+0.06 pts vs state
$137kMedian applicant income
18Loans originated
2Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325150.0%6.75%#466
202412100.0%7.55%#581
202524188.3%7.05%#499

What New Peoples Bank lends in North Carolina

By loan purpose

Home purchase 16 67% · 6.3% denied
Refinance 6 25% · 0.0% denied
Cash-out refinance 1 4% · 100.0% denied
Home improvement 1 4% · 0.0% denied

By loan type

Conventional 24 100% · 8.3% denied

Why it denied North Carolina applicants

Debt-to-income ratio 2 100%

Where in North Carolina

Counties with the most New Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Watauga County 1391 7.7%
Avery County 540 0.0%
Ashe County 431 25.0%
McDowell County 110 0.0%
Lincoln County 110 0.0%

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: 24 applications in 2025, of which 18 were originated and 2 denied.

8.3% of all applications, or 10.0% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans New Peoples Bank originated in North Carolina in 2025 was 7.05%, against a statewide median of 6.50%.

About this data. Figures are New Peoples Bank'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