Newrez in North Carolina vs the state
16.6%Denial rate-1.44 pts vs state
29.3%Decision denial rate+6.48 pts vs state
39.3%Origination rate-18.55 pts vs state
6.25%Median rate-0.25 pts vs state
0.18Rate spread (pts)+0.09 pts vs state
$94kMedian applicant income
2,787Loans originated
1,180Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,965 | 1,120 | 19.9% | 6.75% | #29 |
| 2024 | 4,631 | 1,866 | 17.2% | 6.63% | #24 |
| 2025 | 7,099 | 2,787 | 16.6% | 6.25% | #17 |
What Newrez lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 687 | 239 | 126 | 18.3% |
| Onslow County | 678 | 468 | 53 | 7.8% |
| Wake County | 630 | 212 | 98 | 15.6% |
| Cumberland County | 302 | 113 | 46 | 15.2% |
| Guilford County | 277 | 94 | 50 | 18.1% |
| New Hanover County | 264 | 131 | 33 | 12.5% |
| Brunswick County | 214 | 115 | 22 | 10.3% |
| Union County | 184 | 72 | 22 | 12.0% |
| Gaston County | 183 | 67 | 37 | 20.2% |
| Forsyth County | 183 | 55 | 35 | 19.1% |
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: 7,099 applications in 2025, of which 2,787 were originated and 1,180 denied.
16.6% of all applications, or 29.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Newrez originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Newrez'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