Towne Bank in North Carolina vs the state
6.2%Denial rate-11.87 pts vs state
7.2%Decision denial rate-15.61 pts vs state
77.9%Origination rate+20.10 pts vs state
6.63%Median rate+0.13 pts vs state
0.21Rate spread (pts)+0.13 pts vs state
$137kMedian applicant income
1,749Loans originated
139Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,711 | 1,325 | 5.4% | 7.00% | #51 |
| 2024 | 1,896 | 1,454 | 6.9% | 7.00% | #48 |
| 2025 | 2,245 | 1,749 | 6.2% | 6.63% | #46 |
What Towne 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 Towne Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 403 | 321 | 19 | 4.7% |
| Mecklenburg County | 324 | 235 | 27 | 8.3% |
| Dare County | 200 | 144 | 11 | 5.5% |
| Pitt County | 148 | 132 | 7 | 4.7% |
| Johnston County | 110 | 88 | 7 | 6.4% |
| Harnett County | 105 | 91 | 2 | 1.9% |
| New Hanover County | 105 | 83 | 3 | 2.9% |
| Currituck County | 84 | 66 | 9 | 10.7% |
| Gaston County | 74 | 50 | 8 | 10.8% |
| Brunswick County | 62 | 49 | 6 | 9.7% |
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: 2,245 applications in 2025, of which 1,749 were originated and 139 denied.
6.2% of all applications, or 7.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Towne Bank originated in North Carolina in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Towne 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