Oaktree Funding in North Carolina vs the state
6.5%Denial rate-11.54 pts vs state
6.8%Decision denial rate-16.00 pts vs state
52.2%Origination rate-5.64 pts vs state
7.25%Median rate+0.75 pts vs state
0.95Rate spread (pts)+0.87 pts vs state
$266kMedian applicant income
24Loans originated
3Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 36 | 15 | 8.3% | 8.88% | #421 |
| 2024 | 60 | 21 | 5.0% | 7.88% | #361 |
| 2025 | 46 | 24 | 6.5% | 7.25% | #414 |
What Oaktree 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 Oaktree Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 9 | 8 | 0 | 0.0% |
| Wake County | 4 | 2 | 0 | 0.0% |
| Franklin County | 4 | 1 | 3 | 75.0% |
| Edgecombe County | 3 | 0 | 0 | 0.0% |
| Union County | 3 | 0 | 0 | 0.0% |
| New Hanover County | 2 | 2 | 0 | 0.0% |
| Forsyth County | 2 | 2 | 0 | 0.0% |
| Guilford County | 2 | 0 | 0 | 0.0% |
| Wilson County | 2 | 2 | 0 | 0.0% |
| Haywood County | 1 | 1 | 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: 46 applications in 2025, of which 24 were originated and 3 denied.
6.5% of all applications, or 6.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Oaktree Funding originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Oaktree 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