Norwich Commercial Group · North Carolina · 2025

Norwich Commercial Group in North Carolina: approval rate, denial rate and rates (2025)

Norwich Commercial Group took 36 mortgage applications in North Carolina in 2025, ranking #443 of 1,253 lenders active in the state. It originated 36.1% of them and denied 5.6% (13.3% of the applications it decided), against a statewide denial rate of 18.1%.

36Applicationsin NC
13.3%Decision denial ratestate 22.8%
6.25%Median ratestate 6.50%
$305,000Median loanstate $225,000
$4.8MVolume20 counties

Norwich Commercial Group in North Carolina vs the state

5.6%Denial rate-12.50 pts vs state
13.3%Decision denial rate-9.49 pts vs state
36.1%Origination rate-21.70 pts vs state
6.25%Median rate-0.25 pts vs state
-0.42Rate spread (pts)-0.51 pts vs state
$123kMedian applicant income
13Loans originated
2Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231288.3%6.69%#588
2024451717.8%6.25%#405
202536135.6%6.25%#443

What Norwich Commercial Group lends in North Carolina

By loan purpose

Home purchase 9 25% · 22.2% denied
Refinance 27 75% · 0.0% denied

By loan type

Conventional 6 17% · 0.0% denied
FHA 3 8% · 0.0% denied
VA 26 72% · 7.7% denied
USDA / RHS 1 3% · 0.0% denied

Why it denied North Carolina applicants

Credit history 1 50%
Incomplete application 1 50%

Where in North Carolina

Counties with the most Norwich Commercial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Onslow County 730 0.0%
Cumberland County 400 0.0%
Wake County 311 33.3%
Harnett County 200 0.0%
Guilford County 220 0.0%
Robeson County 220 0.0%
Hoke County 200 0.0%
Durham County 210 0.0%
Mecklenburg County 110 0.0%
Cabarrus County 100 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: 36 applications in 2025, of which 13 were originated and 2 denied.

5.6% 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 Norwich Commercial Group originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Norwich Commercial Group'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