Third Federal Savings and Loan Association of Cleveland in North Carolina vs the state
29.7%Denial rate+11.61 pts vs state
34.5%Decision denial rate+11.69 pts vs state
53.5%Origination rate-4.35 pts vs state
6.99%Median rate+0.49 pts vs state
-0.24Rate spread (pts)-0.33 pts vs state
$150kMedian applicant income
672Loans originated
373Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,800 | 933 | 32.4% | 6.99% | #49 |
| 2024 | 1,666 | 876 | 34.5% | 7.49% | #51 |
| 2025 | 1,257 | 672 | 29.7% | 6.99% | #74 |
What Third Federal Savings and Loan Association of Cleveland lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Third Federal Savings and Loan Association of Cleveland applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 237 | 138 | 58 | 24.5% |
| Wake County | 220 | 139 | 53 | 24.1% |
| Union County | 80 | 47 | 26 | 32.5% |
| Guilford County | 54 | 26 | 16 | 29.6% |
| Iredell County | 48 | 29 | 11 | 22.9% |
| Cabarrus County | 44 | 19 | 13 | 29.5% |
| Durham County | 41 | 22 | 9 | 22.0% |
| Buncombe County | 37 | 19 | 12 | 32.4% |
| New Hanover County | 34 | 16 | 13 | 38.2% |
| Forsyth County | 30 | 16 | 8 | 26.7% |
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: 1,257 applications in 2025, of which 672 were originated and 373 denied.
29.7% of all applications, or 34.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Third Federal Savings and Loan Association of Cleveland originated in North Carolina in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are Third Federal Savings and Loan Association of Cleveland'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