Virginia Credit Union · North Carolina · 2025

Virginia Credit Union in North Carolina: approval rate, denial rate and rates (2025)

Virginia Credit Union took 11 mortgage applications in North Carolina in 2025, ranking #615 of 1,253 lenders active in the state. It originated 54.6% of them and denied 45.5% (45.5% of the applications it decided), against a statewide denial rate of 18.1%.

11Applicationsin NC
45.5%Decision denial ratestate 22.8%
6.25%Median ratestate 6.50%
$185,000Median loanstate $225,000
$1.7MVolume7 counties

Virginia Credit Union in North Carolina vs the state

45.5%Denial rate+27.39 pts vs state
45.5%Decision denial rate+22.63 pts vs state
54.6%Origination rate-3.26 pts vs state
6.25%Median rate-0.25 pts vs state
-0.07Rate spread (pts)-0.16 pts vs state
$147kMedian applicant income
6Loans originated
5Denied

What Virginia Credit Union lends in North Carolina

By loan purpose

Home purchase 5 45% · 20.0% denied
Refinance 1 9% · 100.0% denied
Home improvement 1 9% · 100.0% denied
Other / HELOC 4 36% · 50.0% denied

By loan type

Conventional 10 91% · 50.0% denied
FHA 1 9% · 0.0% denied

Why it denied North Carolina applicants

Debt-to-income ratio 2 40%
Other 1 20%
Collateral 1 20%
Credit history 1 20%

Where in North Carolina

Counties with the most Virginia Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wake County 422 50.0%
Mecklenburg County 202 100.0%
Lincoln County 110 0.0%
Rutherford County 110 0.0%
Johnston County 110 0.0%
Person County 101 100.0%
Pender 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: 11 applications in 2025, of which 6 were originated and 5 denied.

45.5% of all applications, or 45.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Virginia Credit Union originated in North Carolina in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Virginia Credit Union'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