NFM in North Carolina vs the state
1.5%Denial rate-16.57 pts vs state
1.8%Decision denial rate-21.03 pts vs state
80.5%Origination rate+22.71 pts vs state
6.49%Median rate-0.01 pts vs state
0.27Rate spread (pts)+0.19 pts vs state
$115kMedian applicant income
1,137Loans originated
21Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 969 | 714 | 1.7% | 6.75% | #79 |
| 2024 | 1,176 | 903 | 1.9% | 6.63% | #72 |
| 2025 | 1,412 | 1,137 | 1.5% | 6.49% | #66 |
What NFM lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most NFM applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 277 | 221 | 2 | 0.7% |
| Moore County | 232 | 214 | 0 | 0.0% |
| Harnett County | 193 | 163 | 4 | 2.1% |
| Johnston County | 71 | 59 | 1 | 1.4% |
| Mecklenburg County | 71 | 47 | 1 | 1.4% |
| Cumberland County | 58 | 45 | 2 | 3.4% |
| Durham County | 53 | 39 | 0 | 0.0% |
| Iredell County | 49 | 32 | 0 | 0.0% |
| Alamance County | 45 | 37 | 0 | 0.0% |
| Lee County | 39 | 33 | 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: 1,412 applications in 2025, of which 1,137 were originated and 21 denied.
1.5% of all applications, or 1.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans NFM originated in North Carolina in 2025 was 6.49%, against a statewide median of 6.50%.
About this data. Figures are NFM'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