Pinnacle Bank · North Carolina · 2025

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

Pinnacle Bank took 1,901 mortgage applications in North Carolina in 2025, ranking #55 of 1,253 lenders active in the state. It originated 64.3% of them and denied 18.2% (20.9% of the applications it decided), against a statewide denial rate of 18.1%.

1.9kApplicationsin NC
20.9%Decision denial ratestate 22.8%
6.63%Median ratestate 6.50%
$185,000Median loanstate $225,000
$396MVolume71 counties

Pinnacle Bank in North Carolina vs the state

18.2%Denial rate+0.14 pts vs state
20.9%Decision denial rate-1.96 pts vs state
64.3%Origination rate+6.47 pts vs state
6.63%Median rate+0.13 pts vs state
0.07Rate spread (pts)-0.01 pts vs state
$84kMedian applicant income
1,222Loans originated
346Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8751,29016.8%7.50%#47
20241,7131,10719.7%7.13%#50
20251,9011,22218.2%6.63%#55

What Pinnacle Bank lends in North Carolina

By loan purpose

Home purchase 990 52% · 10.5% denied
Refinance 224 12% · 17.9% denied
Cash-out refinance 81 4% · 27.2% denied
Home improvement 407 21% · 29.5% denied
Other / HELOC 199 10% · 30.2% denied

By loan type

Conventional 1,830 96% · 18.5% denied
FHA 62 3% · 12.9% denied
VA 9 0% · 0.0% denied

Why it denied North Carolina applicants

Debt-to-income ratio 149 43%
Credit history 125 36%
Unverifiable information 21 6%
Insufficient cash 20 6%
Collateral 15 4%
Other 9 3%
Incomplete application 4 1%
Employment history 3 1%

Where in North Carolina

Counties with the most Pinnacle Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Guilford County 35920987 24.2%
Mecklenburg County 18213225 13.7%
Davidson County 15411222 14.3%
Wake County 1448539 27.1%
Forsyth County 1429121 14.8%
Alamance County 1379918 13.1%
Durham County 1016219 18.8%
Randolph County 986813 13.3%
Cabarrus County 946013 13.8%
Rowan County 644310 15.6%

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: 1,901 applications in 2025, of which 1,222 were originated and 346 denied.

18.2% of all applications, or 20.9% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Pinnacle Bank originated in North Carolina in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Pinnacle Bank'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