Nqm Funding in North Carolina vs the state
21.7%Denial rate+3.68 pts vs state
24.2%Decision denial rate+1.37 pts vs state
56.5%Origination rate-1.29 pts vs state
7.37%Median rate+0.87 pts vs state
0.81Rate spread (pts)+0.72 pts vs state
$172kMedian applicant income
39Loans originated
15Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 56 | 35 | 14.3% | 8.12% | #353 |
| 2024 | 82 | 58 | 11.0% | 7.50% | #326 |
| 2025 | 69 | 39 | 21.7% | 7.37% | #359 |
What Nqm Funding lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Nqm Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 7 | 5 | 1 | 14.3% |
| Dare County | 5 | 5 | 0 | 0.0% |
| Durham County | 4 | 2 | 0 | 0.0% |
| Forsyth County | 4 | 2 | 2 | 50.0% |
| New Hanover County | 3 | 0 | 2 | 66.7% |
| Iredell County | 3 | 1 | 1 | 33.3% |
| Cabarrus County | 3 | 2 | 0 | 0.0% |
| Brunswick County | 3 | 1 | 2 | 66.7% |
| Cumberland County | 3 | 2 | 0 | 0.0% |
| Wake 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: 69 applications in 2025, of which 39 were originated and 15 denied.
21.7% of all applications, or 24.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Nqm Funding originated in North Carolina in 2025 was 7.37%, against a statewide median of 6.50%.
About this data. Figures are Nqm Funding'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