Zillow Home Loans · North Carolina · 2025

Zillow Home Loans in North Carolina: approval rate, denial rate and rates (2025)

Zillow Home Loans took 1,401 mortgage applications in North Carolina in 2025, ranking #67 of 1,253 lenders active in the state. It originated 77.8% of them and denied 3.1% (3.8% of the applications it decided), against a statewide denial rate of 18.1%.

1.4kApplicationsin NC
3.8%Decision denial ratestate 22.8%
6.50%Median ratestate 6.50%
$305,000Median loanstate $225,000
$359MVolume78 counties

Zillow Home Loans in North Carolina vs the state

3.1%Denial rate-14.99 pts vs state
3.8%Decision denial rate-19.06 pts vs state
77.8%Origination rate+19.99 pts vs state
6.50%Median rate0.00 pts vs state
0.22Rate spread (pts)+0.13 pts vs state
$107kMedian applicant income
1,090Loans originated
43Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236124552.5%6.75%#108
20241,2039082.6%6.63%#69
20251,4011,0903.1%6.50%#67

What Zillow Home Loans lends in North Carolina

By loan purpose

Home purchase 1,390 99% · 3.1% denied
Refinance 8 1% · 0.0% denied
Cash-out refinance 3 0% · 0.0% denied

By loan type

Conventional 1,038 74% · 2.7% denied
FHA 230 16% · 5.7% denied
VA 133 9% · 1.5% denied

Why it denied North Carolina applicants

Debt-to-income ratio 22 51%
Collateral 11 26%
Unverifiable information 4 9%
Other 3 7%
Credit history 2 5%
Employment history 1 2%

Where in North Carolina

Counties with the most Zillow Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 2592025 1.9%
Wake County 2532048 3.2%
Johnston County 86682 2.3%
Durham County 83690 0.0%
Gaston County 68532 2.9%
Cabarrus County 68491 1.5%
Iredell County 48360 0.0%
Union County 44321 2.3%
Franklin County 36282 5.6%
Onslow County 34261 2.9%

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: 1,401 applications in 2025, of which 1,090 were originated and 43 denied.

3.1% of all applications, or 3.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Zillow Home Loans originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Zillow Home Loans'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