Rain City Capital in North Carolina vs the state
51.8%Denial rate+33.69 pts vs state
51.8%Decision denial rate+28.93 pts vs state
48.3%Origination rate-9.56 pts vs state
10.50%Median rate+4.00 pts vs state
—Rate spread (pts)
$140kMedian applicant income
55Loans originated
59Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7 | 5 | 0.0% | 12.00% | #705 |
| 2025 | 114 | 55 | 51.8% | 10.50% | #298 |
What Rain City Capital lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Rain City Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 7 | 6 | 1 | 14.3% |
| Cumberland County | 5 | 4 | 1 | 20.0% |
| Guilford County | 3 | 2 | 1 | 33.3% |
| Durham County | 3 | 2 | 1 | 33.3% |
| Harnett County | 2 | 2 | 0 | 0.0% |
| Stanly County | 2 | 2 | 0 | 0.0% |
| Wayne County | 2 | 2 | 0 | 0.0% |
| Rowan County | 2 | 2 | 0 | 0.0% |
| Nash County | 2 | 0 | 2 | 100.0% |
| Davidson County | 1 | 0 | 1 | 100.0% |
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: 114 applications in 2025, of which 55 were originated and 59 denied.
51.8% of all applications, or 51.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Rain City Capital originated in North Carolina in 2025 was 10.50%, against a statewide median of 6.50%.
About this data. Figures are Rain City Capital'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