South River Mortgage · North Carolina · 2025

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

South River Mortgage took 263 mortgage applications in North Carolina in 2025, ranking #209 of 1,253 lenders active in the state. It originated 44.9% of them and denied 0.8% (1.7% of the applications it decided), against a statewide denial rate of 18.1%.

263Applicationsin NC
1.7%Decision denial ratestate 22.8%
8.99%Median ratestate 6.50%
$115,000Median loanstate $225,000
$16MVolume74 counties

South River Mortgage in North Carolina vs the state

0.8%Denial rate-17.30 pts vs state
1.7%Decision denial rate-21.15 pts vs state
44.9%Origination rate-12.94 pts vs state
8.99%Median rate+2.49 pts vs state
Rate spread (pts)
$24kMedian applicant income
118Loans originated
2Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202420200.0%6.34%#508
20252631180.8%8.99%#209

What South River Mortgage lends in North Carolina

By loan purpose

Refinance 263 100% · 0.8% denied

By loan type

Conventional 89 34% · 0.0% denied
FHA 174 66% · 1.2% denied

Why it denied North Carolina applicants

Collateral 1 50%
Unverifiable information 1 50%

Where in North Carolina

Counties with the most South River Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 32110 0.0%
Wake County 1990 0.0%
New Hanover County 1031 10.0%
Union County 1040 0.0%
Forsyth County 930 0.0%
Cumberland County 830 0.0%
Guilford County 860 0.0%
Durham County 740 0.0%
Catawba County 720 0.0%
Buncombe County 740 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: 263 applications in 2025, of which 118 were originated and 2 denied.

0.8% of all applications, or 1.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans South River Mortgage originated in North Carolina in 2025 was 8.99%, against a statewide median of 6.50%.

About this data. Figures are South River 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