PFN Lending Group in North Carolina vs the state
15.4%Denial rate-2.68 pts vs state
22.2%Decision denial rate-0.60 pts vs state
53.9%Origination rate-3.96 pts vs state
7.19%Median rate+0.69 pts vs state
0.88Rate spread (pts)+0.80 pts vs state
$107kMedian applicant income
14Loans originated
4Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 9 | 0.0% | 7.25% | #546 |
| 2024 | 22 | 15 | 13.6% | 7.13% | #494 |
| 2025 | 26 | 14 | 15.4% | 7.19% | #484 |
What PFN Lending Group lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most PFN Lending Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clay County | 12 | 7 | 0 | 0.0% |
| Cherokee County | 3 | 2 | 0 | 0.0% |
| Forsyth County | 2 | 1 | 1 | 50.0% |
| Transylvania County | 1 | 0 | 0 | 0.0% |
| Mecklenburg County | 1 | 1 | 0 | 0.0% |
| New Hanover County | 1 | 0 | 1 | 100.0% |
| Iredell County | 1 | 0 | 1 | 100.0% |
| Davidson County | 1 | 0 | 0 | 0.0% |
| Wake County | 1 | 1 | 0 | 0.0% |
| Union 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: 26 applications in 2025, of which 14 were originated and 4 denied.
15.4% of all applications, or 22.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans PFN Lending Group originated in North Carolina in 2025 was 7.19%, against a statewide median of 6.50%.
About this data. Figures are PFN Lending 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