Valley National Bank · North Carolina · 2025

Valley National Bank in North Carolina: approval rate, denial rate and rates (2025)

Valley National Bank took 12 mortgage applications in North Carolina in 2025, ranking #591 of 1,253 lenders active in the state. It originated 75.0% of them and denied 8.3% (8.3% of the applications it decided), against a statewide denial rate of 18.1%.

12Applicationsin NC
8.3%Decision denial ratestate 22.8%
6.50%Median ratestate 6.50%
$435,000Median loanstate $225,000
$8.3MVolume7 counties

Valley National Bank in North Carolina vs the state

8.3%Denial rate-9.73 pts vs state
8.3%Decision denial rate-14.49 pts vs state
75.0%Origination rate+17.19 pts vs state
6.50%Median rate0.00 pts vs state
0.09Rate spread (pts)0.00 pts vs state
$141kMedian applicant income
9Loans originated
1Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023151213.3%6.75%#555
2024151013.3%6.81%#553
20251298.3%6.50%#591

What Valley National Bank lends in North Carolina

By loan purpose

Home purchase 11 92% · 9.1% denied
Home improvement 1 8% · 0.0% denied

By loan type

Conventional 12 100% · 8.3% denied

Why it denied North Carolina applicants

Collateral 1 100%

Where in North Carolina

Counties with the most Valley National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 330 0.0%
Cherokee County 311 33.3%
Brunswick County 210 0.0%
Guilford County 110 0.0%
Rockingham County 110 0.0%
Wake County 110 0.0%
Jackson County 110 0.0%

Other large lenders in North Carolina

LenderGradeApplicationsDenial rateMedian rate
State Employees'C 47,89325.2%6.25%
Rocket MortgageC 25,10916.0%6.63%
United Shore Financial ServicesB 18,88411.4%6.13%
Vanderbilt Mortgage and FinanceF 15,00838.0%7.75%
Truist BankC 14,36430.3%6.50%
Movement MortgageA 11,0912.6%6.63%
Navy Federal Credit UnionD 10,56519.4%7.13%
First-Citizens Bank & TrustB 10,31919.6%6.38%
Bank of AmericaF 10,27628.2%6.24%
Mortgage Research CenterC 10,02917.7%6.25%

Frequently asked questions

North Carolina: 12 applications in 2025, of which 9 were originated and 1 denied.

8.3% of all applications, or 8.3% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Valley National Bank originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Valley National 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