Southern Trust Mortgage · North Carolina · 2025

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

Southern Trust Mortgage took 591 mortgage applications in North Carolina in 2025, ranking #127 of 1,253 lenders active in the state. It originated 79.0% of them and denied 1.0% (1.3% of the applications it decided), against a statewide denial rate of 18.1%.

591Applicationsin NC
1.3%Decision denial ratestate 22.8%
6.50%Median ratestate 6.50%
$315,000Median loanstate $225,000
$171MVolume52 counties

Southern Trust Mortgage in North Carolina vs the state

1.0%Denial rate-17.04 pts vs state
1.3%Decision denial rate-21.57 pts vs state
79.0%Origination rate+21.21 pts vs state
6.50%Median rate0.00 pts vs state
0.10Rate spread (pts)+0.01 pts vs state
$120kMedian applicant income
467Loans originated
6Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234933872.0%6.63%#121
20245904701.9%6.63%#116
20255914671.0%6.50%#127

What Southern Trust Mortgage lends in North Carolina

By loan purpose

Home purchase 525 89% · 0.8% denied
Refinance 38 6% · 2.6% denied
Cash-out refinance 22 4% · 4.6% denied
Other / HELOC 6 1% · 0.0% denied

By loan type

Conventional 339 57% · 1.2% denied
FHA 88 15% · 2.3% denied
VA 162 27% · 0.0% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied North Carolina applicants

Debt-to-income ratio 2 33%
Collateral 1 17%
Credit history 1 17%
Insufficient cash 1 17%
Other 1 17%

Where in North Carolina

Counties with the most Southern Trust Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 119991 0.8%
Dare County 109890 0.0%
Currituck County 70471 1.4%
Harnett County 39340 0.0%
Pasquotank County 32202 6.3%
Hoke County 30220 0.0%
Wake County 25221 4.0%
Camden County 24180 0.0%
Bladen County 18160 0.0%
Robeson County 11100 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: 591 applications in 2025, of which 467 were originated and 6 denied.

1.0% of all applications, or 1.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

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

About this data. Figures are Southern Trust 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