PHH Mortgage in North Carolina vs the state
8.6%Denial rate-9.42 pts vs state
17.3%Decision denial rate-5.54 pts vs state
40.4%Origination rate-17.38 pts vs state
6.25%Median rate-0.25 pts vs state
0.09Rate spread (pts)+0.01 pts vs state
$80kMedian applicant income
262Loans originated
56Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 270 | 99 | 24.8% | 6.88% | #167 |
| 2024 | 520 | 131 | 15.4% | 6.63% | #124 |
| 2025 | 648 | 262 | 8.6% | 6.25% | #118 |
What PHH Mortgage lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 73 | 28 | 5 | 6.8% |
| Mecklenburg County | 59 | 22 | 6 | 10.2% |
| Guilford County | 31 | 14 | 3 | 9.7% |
| Cumberland County | 23 | 12 | 5 | 21.7% |
| Gaston County | 23 | 10 | 0 | 0.0% |
| Cabarrus County | 22 | 11 | 0 | 0.0% |
| Forsyth County | 22 | 13 | 0 | 0.0% |
| Durham County | 21 | 5 | 1 | 4.8% |
| Johnston County | 20 | 12 | 0 | 0.0% |
| Union County | 19 | 9 | 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: 648 applications in 2025, of which 262 were originated and 56 denied.
8.6% of all applications, or 17.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans PHH Mortgage originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are PHH Mortgage'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