Velocity Commercial Capital in North Carolina vs the state
0.4%Denial rate-17.64 pts vs state
0.7%Decision denial rate-22.09 pts vs state
55.3%Origination rate-2.54 pts vs state
9.87%Median rate+3.37 pts vs state
—Rate spread (pts)
—Median applicant income
131Loans originated
1Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 149 | 78 | 0.7% | 10.74% | #233 |
| 2024 | 173 | 104 | 1.7% | 10.55% | #229 |
| 2025 | 237 | 131 | 0.4% | 9.87% | #215 |
What Velocity Commercial Capital lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Velocity Commercial Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 30 | 15 | 0 | 0.0% |
| Wake County | 25 | 12 | 0 | 0.0% |
| Guilford County | 19 | 10 | 0 | 0.0% |
| Forsyth County | 16 | 6 | 0 | 0.0% |
| Alamance County | 11 | 7 | 0 | 0.0% |
| Cumberland County | 9 | 7 | 0 | 0.0% |
| Durham County | 9 | 3 | 0 | 0.0% |
| Craven County | 8 | 7 | 0 | 0.0% |
| Iredell County | 7 | 4 | 0 | 0.0% |
| New Hanover County | 7 | 4 | 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: 237 applications in 2025, of which 131 were originated and 1 denied.
0.4% of all applications, or 0.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Velocity Commercial Capital originated in North Carolina in 2025 was 9.87%, against a statewide median of 6.50%.
About this data. Figures are Velocity Commercial Capital'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