OCMBC · North Carolina · 2025

OCMBC in North Carolina: approval rate, denial rate and rates (2025)

OCMBC took 424 mortgage applications in North Carolina in 2025, ranking #154 of 1,253 lenders active in the state. It originated 47.4% of them and denied 11.6% (16.6% of the applications it decided), against a statewide denial rate of 18.1%.

424Applicationsin NC
16.6%Decision denial ratestate 22.8%
7.50%Median ratestate 6.50%
$275,000Median loanstate $225,000
$66MVolume63 counties

OCMBC in North Carolina vs the state

11.6%Denial rate-6.50 pts vs state
16.6%Decision denial rate-6.27 pts vs state
47.4%Origination rate-10.40 pts vs state
7.50%Median rate+1.00 pts vs state
1.31Rate spread (pts)+1.23 pts vs state
$144kMedian applicant income
201Loans originated
49Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322510026.2%8.31%#183
202431315715.0%7.88%#176
202542420111.6%7.50%#154

What OCMBC lends in North Carolina

By loan purpose

Home purchase 234 55% · 11.1% denied
Refinance 58 14% · 17.2% denied
Cash-out refinance 132 31% · 9.9% denied

By loan type

Conventional 385 91% · 12.0% denied
FHA 33 8% · 9.1% denied
VA 6 1% · 0.0% denied

Why it denied North Carolina applicants

Incomplete application 15 31%
Collateral 9 18%
Other 8 16%
Credit history 7 14%
Debt-to-income ratio 5 10%
Unverifiable information 4 8%
Employment history 1 2%

Where in North Carolina

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 924811 12.0%
Wake County 32106 18.8%
Gaston County 17100 0.0%
Union County 1782 11.8%
Durham County 1662 12.5%
Buncombe County 15120 0.0%
Cabarrus County 15112 13.3%
Guilford County 1280 0.0%
Cumberland County 1071 10.0%
New Hanover County 930 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: 424 applications in 2025, of which 201 were originated and 49 denied.

11.6% of all applications, or 16.6% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans OCMBC originated in North Carolina in 2025 was 7.50%, against a statewide median of 6.50%.

About this data. Figures are OCMBC'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