Royal Pacific Funding · North Carolina · 2025

Royal Pacific Funding in North Carolina: approval rate, denial rate and rates (2025)

Royal Pacific Funding took 22 mortgage applications in North Carolina in 2025, ranking #512 of 1,253 lenders active in the state. It originated 63.6% of them and denied 4.6% (5.3% of the applications it decided), against a statewide denial rate of 18.1%.

22Applicationsin NC
5.3%Decision denial ratestate 22.8%
6.93%Median ratestate 6.50%
$335,000Median loanstate $225,000
$5.1MVolume8 counties

Royal Pacific Funding in North Carolina vs the state

4.6%Denial rate-13.51 pts vs state
5.3%Decision denial rate-17.56 pts vs state
63.6%Origination rate+5.83 pts vs state
6.93%Median rate+0.43 pts vs state
0.59Rate spread (pts)+0.50 pts vs state
$123kMedian applicant income
14Loans originated
1Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202330116.7%7.88%#442
202450246.0%7.56%#392
202522144.6%6.93%#512

What Royal Pacific Funding lends in North Carolina

By loan purpose

Home purchase 12 55% · 8.3% denied
Refinance 5 23% · 0.0% denied
Cash-out refinance 5 23% · 0.0% denied

By loan type

Conventional 19 86% · 0.0% denied
FHA 3 14% · 33.3% denied

Why it denied North Carolina applicants

Debt-to-income ratio 1 100%

Where in North Carolina

Counties with the most Royal Pacific Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 640 0.0%
Union County 530 0.0%
Wake County 440 0.0%
Johnston County 301 33.3%
Iredell County 110 0.0%
Carteret County 110 0.0%
Franklin County 110 0.0%
Madison County 100 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: 22 applications in 2025, of which 14 were originated and 1 denied.

4.6% of all applications, or 5.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Royal Pacific Funding originated in North Carolina in 2025 was 6.93%, against a statewide median of 6.50%.

About this data. Figures are Royal Pacific Funding'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