Northwest Federal Credit Union in North Carolina vs the state
17.9%Denial rate-0.20 pts vs state
21.5%Decision denial rate-1.31 pts vs state
55.4%Origination rate-2.45 pts vs state
7.00%Median rate+0.50 pts vs state
0.77Rate spread (pts)+0.68 pts vs state
$148kMedian applicant income
62Loans originated
20Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 172 | 105 | 19.8% | 7.25% | #212 |
| 2024 | 113 | 60 | 20.4% | 7.75% | #287 |
| 2025 | 112 | 62 | 17.9% | 7.00% | #306 |
What Northwest Federal Credit Union lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Northwest Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 24 | 16 | 1 | 4.2% |
| Brunswick County | 11 | 5 | 2 | 18.2% |
| Mecklenburg County | 10 | 3 | 2 | 20.0% |
| New Hanover County | 8 | 6 | 1 | 12.5% |
| Union County | 7 | 2 | 3 | 42.9% |
| Harnett County | 5 | 2 | 1 | 20.0% |
| Granville County | 4 | 3 | 0 | 0.0% |
| Lincoln County | 3 | 1 | 1 | 33.3% |
| Davidson County | 3 | 2 | 0 | 0.0% |
| Moore County | 3 | 1 | 2 | 66.7% |
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: 112 applications in 2025, of which 62 were originated and 20 denied.
17.9% of all applications, or 21.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Northwest Federal Credit Union originated in North Carolina in 2025 was 7.00%, against a statewide median of 6.50%.
About this data. Figures are Northwest Federal Credit Union'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