Rocket Mortgage · North Carolina · 2025

Rocket Mortgage in North Carolina: approval rate, denial rate and rates (2025)

Rocket Mortgage took 25,109 mortgage applications in North Carolina in 2025, ranking #2 of 1,253 lenders active in the state. It originated 73.5% of them and denied 16.0% (17.4% of the applications it decided), against a statewide denial rate of 18.1%.

25kApplicationsin NC
17.4%Decision denial ratestate 22.8%
6.63%Median ratestate 6.50%
$215,000Median loanstate $225,000
$4.6BVolume100 counties

Rocket Mortgage in North Carolina vs the state

16.0%Denial rate-2.04 pts vs state
17.4%Decision denial rate-5.47 pts vs state
73.5%Origination rate+15.72 pts vs state
6.63%Median rate+0.13 pts vs state
0.48Rate spread (pts)+0.40 pts vs state
$94kMedian applicant income
18,462Loans originated
4,023Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317,13912,64715.2%6.63%#2
202421,32416,14514.6%6.63%#2
202525,10918,46216.0%6.63%#2

What Rocket Mortgage lends in North Carolina

By loan purpose

Home purchase 7,284 29% · 9.6% denied
Refinance 4,539 18% · 16.1% denied
Cash-out refinance 12,094 48% · 19.2% denied
Home improvement 409 2% · 26.2% denied
Other / HELOC 783 3% · 22.2% denied

By loan type

Conventional 17,620 70% · 14.1% denied
FHA 4,762 19% · 24.6% denied
VA 2,727 11% · 13.8% denied

Why it denied North Carolina applicants

Collateral 1,624 40%
Debt-to-income ratio 847 21%
Incomplete application 813 20%
Credit history 271 7%
Other 155 4%
Insufficient cash 153 4%
Unverifiable information 114 3%
Employment history 46 1%

Where in North Carolina

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 2,7372,065408 14.9%
Wake County 2,1951,652269 12.3%
Guilford County 1,046798165 15.8%
Forsyth County 878643147 16.7%
Union County 812635106 13.1%
Gaston County 775574116 15.0%
Cumberland County 748542114 15.2%
Cabarrus County 737548110 14.9%
Brunswick County 68050584 12.4%
Johnston County 63747697 15.2%

Other large lenders in North Carolina

LenderGradeApplicationsDenial rateMedian rate
State Employees'C 47,89325.2%6.25%
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%
Freedom MortgageB 9,6327.1%6.13%

Frequently asked questions

North Carolina: 25,109 applications in 2025, of which 18,462 were originated and 4,023 denied.

16.0% of all applications, or 17.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

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

About this data. Figures are Rocket 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