Sun West Mortgage Company · North Carolina · 2025

Sun West Mortgage Company in North Carolina: approval rate, denial rate and rates (2025)

Sun West Mortgage Company took 503 mortgage applications in North Carolina in 2025, ranking #136 of 1,253 lenders active in the state. It originated 48.9% of them and denied 13.3% (16.1% of the applications it decided), against a statewide denial rate of 18.1%.

503Applicationsin NC
16.1%Decision denial ratestate 22.8%
5.98%Median ratestate 6.50%
$285,000Median loanstate $225,000
$80MVolume76 counties

Sun West Mortgage Company in North Carolina vs the state

13.3%Denial rate-4.74 pts vs state
16.1%Decision denial rate-6.71 pts vs state
48.9%Origination rate-8.90 pts vs state
5.98%Median rate-0.52 pts vs state
0.01Rate spread (pts)-0.08 pts vs state
$95kMedian applicant income
246Loans originated
67Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328411826.1%6.50%#161
202441420318.1%6.00%#143
202550324613.3%5.98%#136

What Sun West Mortgage Company lends in North Carolina

By loan purpose

Home purchase 124 25% · 14.5% denied
Refinance 113 22% · 3.5% denied
Cash-out refinance 263 52% · 17.1% denied
Other / HELOC 3 1% · 0.0% denied

By loan type

Conventional 107 21% · 4.7% denied
FHA 259 51% · 14.3% denied
VA 136 27% · 18.4% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied North Carolina applicants

Credit history 35 52%
Debt-to-income ratio 15 22%
Other 13 19%
Collateral 4 6%

Where in North Carolina

Counties with the most Sun West Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 593210 16.9%
Wake County 41266 14.6%
Cumberland County 33164 12.1%
Forsyth County 19133 15.8%
Cabarrus County 1863 16.7%
Johnston County 1863 16.7%
Guilford County 1774 23.5%
Onslow County 1753 17.6%
Union County 17113 17.6%
Iredell County 15121 6.7%

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: 503 applications in 2025, of which 246 were originated and 67 denied.

13.3% of all applications, or 16.1% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Sun West Mortgage Company originated in North Carolina in 2025 was 5.98%, against a statewide median of 6.50%.

About this data. Figures are Sun West Mortgage Company'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