NexBank in North Carolina vs the state
11.6%Denial rate-6.49 pts vs state
13.3%Decision denial rate-9.49 pts vs state
75.2%Origination rate+17.40 pts vs state
6.50%Median rate0.00 pts vs state
0.17Rate spread (pts)+0.08 pts vs state
$186kMedian applicant income
91Loans originated
14Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 142 | 101 | 6.3% | 7.00% | #241 |
| 2024 | 179 | 138 | 9.5% | 6.88% | #227 |
| 2025 | 121 | 91 | 11.6% | 6.50% | #294 |
What NexBank lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most NexBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 35 | 28 | 3 | 8.6% |
| Mecklenburg County | 13 | 11 | 1 | 7.7% |
| Union County | 11 | 7 | 2 | 18.2% |
| Alamance County | 4 | 3 | 1 | 25.0% |
| Buncombe County | 4 | 3 | 0 | 0.0% |
| Lincoln County | 3 | 2 | 0 | 0.0% |
| Brunswick County | 3 | 3 | 0 | 0.0% |
| Macon County | 3 | 3 | 0 | 0.0% |
| Onslow County | 3 | 2 | 0 | 0.0% |
| Durham County | 3 | 3 | 0 | 0.0% |
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: 121 applications in 2025, of which 91 were originated and 14 denied.
11.6% of all applications, or 13.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans NexBank originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are NexBank'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