Southern First Bank in North Carolina vs the state
3.7%Denial rate-14.32 pts vs state
4.3%Decision denial rate-18.55 pts vs state
82.4%Origination rate+24.54 pts vs state
7.00%Median rate+0.50 pts vs state
-0.12Rate spread (pts)-0.21 pts vs state
$167kMedian applicant income
154Loans originated
7Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 185 | 129 | 4.9% | 7.25% | #199 |
| 2024 | 141 | 103 | 3.6% | 7.50% | #259 |
| 2025 | 187 | 154 | 3.7% | 7.00% | #237 |
What Southern First Bank lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Southern First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 42 | 38 | 1 | 2.4% |
| Wake County | 37 | 33 | 0 | 0.0% |
| Guilford County | 32 | 26 | 3 | 9.4% |
| Brunswick County | 7 | 7 | 0 | 0.0% |
| Durham County | 5 | 5 | 0 | 0.0% |
| Alamance County | 4 | 2 | 0 | 0.0% |
| Forsyth County | 4 | 2 | 0 | 0.0% |
| Orange County | 4 | 3 | 0 | 0.0% |
| Johnston County | 4 | 4 | 0 | 0.0% |
| Macon County | 3 | 2 | 0 | 0.0% |
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: 187 applications in 2025, of which 154 were originated and 7 denied.
3.7% of all applications, or 4.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Southern First Bank originated in North Carolina in 2025 was 7.00%, against a statewide median of 6.50%.
About this data. Figures are Southern First Bank'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