Towne Mortgage of the Carolinas in North Carolina vs the state
2.5%Denial rate-15.61 pts vs state
2.8%Decision denial rate-19.98 pts vs state
83.8%Origination rate+26.01 pts vs state
6.63%Median rate+0.13 pts vs state
0.21Rate spread (pts)+0.13 pts vs state
$101kMedian applicant income
171Loans originated
5Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 571 | 469 | 3.9% | 6.63% | #112 |
| 2024 | 515 | 441 | 3.5% | 6.75% | #125 |
| 2025 | 204 | 171 | 2.5% | 6.63% | #232 |
What Towne Mortgage of the Carolinas 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 Mortgage of the Carolinas applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 86 | 73 | 1 | 1.2% |
| Durham County | 19 | 18 | 0 | 0.0% |
| Johnston County | 18 | 16 | 1 | 5.6% |
| Franklin County | 13 | 11 | 0 | 0.0% |
| Wayne County | 10 | 8 | 0 | 0.0% |
| Guilford County | 9 | 5 | 1 | 11.1% |
| Orange County | 7 | 6 | 1 | 14.3% |
| Granville County | 5 | 5 | 0 | 0.0% |
| Chatham County | 5 | 4 | 0 | 0.0% |
| Harnett County | 5 | 5 | 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: 204 applications in 2025, of which 171 were originated and 5 denied.
2.5% of all applications, or 2.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Towne Mortgage of the Carolinas originated in North Carolina in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Towne Mortgage of the Carolinas'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