Ashe County, North Carolina · 2025

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

151 lenders acted on 1,105 mortgage applications for properties in Ashe County in 2025. 19.2% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $175,000; median property value $405,000.

1.1kApplications
19.2%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$175,000Median loan
$405,000Median property value

Largest lenders in Ashe County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 277150 21.3%6.25%
2 Vanderbilt Mortgage and Finance F 719 35.2%8.75%
3 First National Bank of Pennsylvania B 6939 26.1%6.54%
4 Skyline National Bank B 5439 7.4%
5 Rocket Mortgage C 5238 19.2%6.81%
6 Movement Mortgage A 3929 0.0%6.63%
7 Fairway Independent Mortgage B 3326 0.0%6.88%
8 Fifth Third Bank D 2414 29.2%6.86%
9 First-Citizens Bank & Trust B 2412 29.2%6.45%
10 Pennymac Loan Services C 1715 5.9%6.13%
11 Navy Federal Credit Union D 165 37.5%9.34%
12 United Shore Financial Services B 1512 13.3%6.56%
13 Crosscountry Mortgage B 146 35.7%6.47%
14 AmeriSave Mortgage D 134 53.9%5.25%
15 Newrez D 111 27.3%7.88%
16 Truist Bank C 105 20.0%6.00%
17 Broker Solutions D 100 0.0%
18 Wells Fargo Bank B 96 0.0%6.81%
19 Bank of America F 93 11.1%5.75%
20 PNC Bank D 95 11.1%6.85%
21 Nationstar Mortgage C 96 11.1%7.00%
22 Local Government F 83 62.5%7.50%
23 Atlantic Bay Mortgage Group A 87 0.0%6.88%
24 Equity Prime Mortgage D 82 12.5%6.69%
25 Resicentral B 86 0.0%6.43%

Best approval odds in Ashe County

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

#LenderDecidedDecision denial rate
1State Employees'21128.0%
2First National Bank of Pennsylvania5731.6%

What Ashe County borrowers applied for

By loan purpose

Home purchase 500 45% · 12.8% denied
Refinance 171 15% · 12.9% denied
Cash-out refinance 159 14% · 31.5% denied
Home improvement 161 15% · 24.2% denied
Other / HELOC 114 10% · 32.5% denied

By loan type

Conventional 954 86% · 19.6% denied
FHA 94 9% · 18.1% denied
VA 54 5% · 13.0% denied
USDA / RHS 3 0% · 33.3% denied

Why applications were denied

Debt-to-income ratio 72 34%
Credit history 67 32%
Collateral 31 15%
Unverifiable information 15 7%
Incomplete application 12 6%
Other 9 4%
Insufficient cash 4 2%
Employment history 1 0%

Ashe County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202398657717.2%6.63%$165,000
202489952217.9%6.99%$185,000
20251,10560219.2%6.50%$175,000

Frequently asked questions

19.2% of applications in Ashe County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 277 applications in 2025 and a denial rate of 21.3%.

The median mortgage application in Ashe County in 2025 was for $175,000; the median property value on originated loans was $405,000.