Plains Commerce Bank · North Carolina · 2025

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

Plains Commerce Bank took 455 mortgage applications in North Carolina in 2025, ranking #148 of 1,253 lenders active in the state. It originated 65.5% of them and denied 3.7% (5.4% of the applications it decided), against a statewide denial rate of 18.1%.

455Applicationsin NC
5.4%Decision denial ratestate 22.8%
6.63%Median ratestate 6.50%
$395,000Median loanstate $225,000
$132MVolume53 counties

Plains Commerce Bank in North Carolina vs the state

3.7%Denial rate-14.32 pts vs state
5.4%Decision denial rate-17.42 pts vs state
65.5%Origination rate+7.68 pts vs state
6.63%Median rate+0.13 pts vs state
0.19Rate spread (pts)+0.11 pts vs state
$154kMedian applicant income
298Loans originated
17Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234242661.2%6.63%#127
20244172320.7%6.63%#142
20254552983.7%6.63%#148

What Plains Commerce Bank lends in North Carolina

By loan purpose

Home purchase 405 89% · 3.7% denied
Refinance 34 7% · 2.9% denied
Cash-out refinance 15 3% · 6.7% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 352 77% · 2.6% denied
FHA 54 12% · 9.3% denied
VA 48 11% · 6.3% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied North Carolina applicants

Unverifiable information 5 29%
Credit history 4 24%
Debt-to-income ratio 4 24%
Collateral 2 12%
Employment history 1 6%
Insufficient cash 1 6%

Where in North Carolina

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 1511024 2.6%
Wake County 55402 3.6%
Union County 28181 3.6%
Durham County 23142 8.7%
Cumberland County 21130 0.0%
Gaston County 13110 0.0%
Guilford County 1180 0.0%
Iredell County 970 0.0%
Cleveland County 980 0.0%
Chatham County 880 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: 455 applications in 2025, of which 298 were originated and 17 denied.

3.7% of all applications, or 5.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

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

About this data. Figures are Plains Commerce 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