Alleghany County, North Carolina · 2025

Mortgage lenders in Alleghany County, NC: denial rates and top lenders (2025)

102 lenders acted on 467 mortgage applications for properties in Alleghany County in 2025. 19.9% were denied (North Carolina: 18.1%). Median rate on closed loans 6.63%; median loan $175,000; median property value $345,000.

467Applications
19.9%Denial ratestate 18.1%
6.63%Median ratestate 6.50%
$175,000Median loan
$345,000Median property value

Largest lenders in Alleghany County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 6438 20.3%6.18%
2 Skyline National Bank B 4035 12.5%
3 Rocket Mortgage C 3929 18.0%6.99%
4 Truist Bank C 3822 29.0%6.31%
5 Atlantic Bay Mortgage Group A 2818 3.6%6.81%
6 Vanderbilt Mortgage and Finance F 183 38.9%8.25%
7 First Community Bank F 1610 18.8%6.44%
8 Truliant Federal Credit Union D 101 80.0%7.50%
9 Mortgage Research Center C 105 20.0%6.75%
10 Movement Mortgage A 96 0.0%6.63%
11 First National Bank of Pennsylvania B 83 50.0%6.38%
12 Newrez D 72 0.0%7.38%
13 Wells Fargo Bank B 62 0.0%6.75%
14 Fairway Independent Mortgage B 65 0.0%6.88%
15 United Shore Financial Services B 64 0.0%5.95%
16 Loandepot.Com D 62 33.3%6.93%
17 Fifth Third Bank D 52 40.0%7.92%
18 Bank of America F 50 60.0%
19 Navy Federal Credit Union D 53 20.0%6.00%
20 Coastal Community Bank C 52 0.0%10.37%

Best approval odds in Alleghany County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1State Employees'5125.5%

What Alleghany County borrowers applied for

By loan purpose

Home purchase 213 46% · 14.1% denied
Refinance 73 16% · 23.3% denied
Cash-out refinance 69 15% · 17.4% denied
Home improvement 37 8% · 40.5% denied
Other / HELOC 75 16% · 25.3% denied

By loan type

Conventional 378 81% · 20.9% denied
FHA 41 9% · 24.4% denied
VA 43 9% · 9.3% denied
USDA / RHS 5 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 31 33%
Credit history 18 19%
Collateral 18 19%
Other 9 10%
Unverifiable information 8 9%
Incomplete application 8 9%
Insufficient cash 1 1%

Alleghany County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202341126316.6%6.84%$145,000
202438922719.5%6.88%$155,000
202546727619.9%6.63%$175,000

Frequently asked questions

19.9% of applications in Alleghany County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 64 applications in 2025 and a denial rate of 20.3%.

The median mortgage application in Alleghany County in 2025 was for $175,000; the median property value on originated loans was $345,000.