Select Lending Services · North Carolina · 2025

Select Lending Services in North Carolina: approval rate, denial rate and rates (2025)

Select Lending Services took 26 mortgage applications in North Carolina in 2025, ranking #486 of 1,253 lenders active in the state. It originated 57.7% of them and denied 19.2% (20.8% of the applications it decided), against a statewide denial rate of 18.1%.

26Applicationsin NC
20.8%Decision denial ratestate 22.8%
6.75%Median ratestate 6.50%
$410,000Median loanstate $225,000
$7.7MVolume10 counties

Select Lending Services in North Carolina vs the state

19.2%Denial rate+1.17 pts vs state
20.8%Decision denial rate-1.99 pts vs state
57.7%Origination rate-0.12 pts vs state
6.75%Median rate+0.25 pts vs state
0.24Rate spread (pts)+0.15 pts vs state
$140kMedian applicant income
15Loans originated
5Denied

What Select Lending Services lends in North Carolina

By loan purpose

Home purchase 21 81% · 23.8% denied
Refinance 4 15% · 0.0% denied
Cash-out refinance 1 4% · 0.0% denied

By loan type

Conventional 22 85% · 13.6% denied
FHA 3 12% · 33.3% denied
USDA / RHS 1 4% · 100.0% denied

Why it denied North Carolina applicants

Debt-to-income ratio 3 60%
Collateral 1 20%
Incomplete application 1 20%

Where in North Carolina

Counties with the most Select Lending Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Buncombe County 1281 8.3%
Henderson County 523 60.0%
Mitchell County 211 50.0%
Rutherford County 100 0.0%
Union County 110 0.0%
Haywood County 110 0.0%
McDowell County 110 0.0%
Mecklenburg County 100 0.0%
Iredell 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: 26 applications in 2025, of which 15 were originated and 5 denied.

19.2% of all applications, or 20.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Select Lending Services originated in North Carolina in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Select Lending Services'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