Towne Mortgage in North Carolina vs the state
6.7%Denial rate-11.36 pts vs state
6.9%Decision denial rate-15.90 pts vs state
72.0%Origination rate+14.15 pts vs state
6.50%Median rate0.00 pts vs state
0.27Rate spread (pts)+0.18 pts vs state
$101kMedian applicant income
290Loans originated
27Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 114 | 75 | 9.7% | 6.75% | #272 |
| 2024 | 180 | 128 | 6.1% | 6.63% | #226 |
| 2025 | 403 | 290 | 6.7% | 6.50% | #158 |
What Towne Mortgage 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 applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Union County | 25 | 16 | 5 | 20.0% |
| Guilford County | 18 | 10 | 1 | 5.6% |
| Rockingham County | 17 | 12 | 1 | 5.9% |
| Wake County | 16 | 10 | 2 | 12.5% |
| Mecklenburg County | 16 | 12 | 1 | 6.3% |
| Iredell County | 14 | 10 | 2 | 14.3% |
| Surry County | 13 | 11 | 0 | 0.0% |
| Wayne County | 13 | 11 | 1 | 7.7% |
| Rowan County | 13 | 9 | 0 | 0.0% |
| Macon County | 11 | 6 | 2 | 18.2% |
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: 403 applications in 2025, of which 290 were originated and 27 denied.
6.7% of all applications, or 6.9% 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 originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Towne 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