U.S. Bank in North Carolina vs the state
28.8%Denial rate+10.73 pts vs state
35.9%Decision denial rate+13.05 pts vs state
50.5%Origination rate-7.28 pts vs state
6.75%Median rate+0.25 pts vs state
0.29Rate spread (pts)+0.21 pts vs state
$127kMedian applicant income
1,134Loans originated
646Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,221 | 1,067 | 36.4% | 7.25% | #37 |
| 2024 | 2,101 | 1,055 | 33.1% | 6.88% | #45 |
| 2025 | 2,244 | 1,134 | 28.8% | 6.75% | #47 |
What U.S. 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 U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 411 | 227 | 97 | 23.6% |
| Wake County | 216 | 114 | 57 | 26.4% |
| Forsyth County | 140 | 78 | 32 | 22.9% |
| Guilford County | 123 | 64 | 25 | 20.3% |
| Union County | 91 | 42 | 29 | 31.9% |
| Cabarrus County | 81 | 43 | 23 | 28.4% |
| Iredell County | 77 | 38 | 18 | 23.4% |
| Gaston County | 74 | 45 | 13 | 17.6% |
| Johnston County | 65 | 34 | 18 | 27.7% |
| Durham County | 49 | 24 | 15 | 30.6% |
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: 2,244 applications in 2025, of which 1,134 were originated and 646 denied.
28.8% of all applications, or 35.9% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans U.S. Bank originated in North Carolina in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are U.S. 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