Beaufort County, North Carolina · 2025

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

170 lenders acted on 1,672 mortgage applications for properties in Beaufort County in 2025. 20.2% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $155,000; median property value $305,000.

1.7kApplications
20.2%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$155,000Median loan
$305,000Median property value

Largest lenders in Beaufort County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 268156 22.0%6.25%
2 Vanderbilt Mortgage and Finance F 11515 44.4%9.50%
3 Southern Bank and Trust A 9382 8.6%7.00%
4 Rocket Mortgage C 9066 18.9%6.81%
5 First Bank C 6040 18.3%7.25%
6 21st Mortgage F 583 62.1%9.18%
7 First-Citizens Bank & Trust B 4534 17.8%6.49%
8 First National Bank of Pennsylvania B 4325 30.2%6.54%
9 United Bank C 4328 23.3%7.19%
10 Navy Federal Credit Union D 4328 16.3%6.25%
11 Mortgage Research Center C 3517 14.3%6.25%
12 Alcova Mortgage A 3225 0.0%6.56%
13 Truist Bank C 3020 20.0%6.80%
14 United Shore Financial Services B 2921 6.9%6.12%
15 Towne Bank B 2720 0.0%6.88%
16 Atlantic Bay Mortgage Group A 2622 0.0%6.49%
17 Crosscountry Mortgage B 2418 4.2%6.25%
18 Freedom Mortgage B 245 16.7%6.00%
19 Broker Solutions D 223 18.2%6.94%
20 Bank of America F 209 25.0%6.24%
21 Newrez D 205 5.0%6.99%
22 Coastal Community Bank C 191 5.3%11.24%
23 AmeriSave Mortgage D 178 41.2%6.94%
24 Movement Mortgage A 178 0.0%6.38%
25 New Day Financial F 161 6.3%7.24%

Best approval odds in Beaufort County

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

#LenderDecidedDecision denial rate
1Southern Bank and Trust928.7%
2Rocket Mortgage8420.2%
3First Bank5221.2%
4State Employees'21827.1%
5Vanderbilt Mortgage and Finance7072.9%

What Beaufort County borrowers applied for

By loan purpose

Home purchase 751 45% · 17.4% denied
Refinance 248 15% · 19.8% denied
Cash-out refinance 261 16% · 16.5% denied
Home improvement 206 12% · 32.0% denied
Other / HELOC 206 12% · 23.3% denied

By loan type

Conventional 1,313 79% · 22.1% denied
FHA 185 11% · 15.7% denied
VA 167 10% · 10.2% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Credit history 107 32%
Debt-to-income ratio 106 31%
Collateral 54 16%
Incomplete application 27 8%
Unverifiable information 24 7%
Other 11 3%
Employment history 4 1%
Insufficient cash 4 1%

Beaufort County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,53584922.9%6.75%$135,000
20241,55084122.3%6.99%$155,000
20251,67290620.2%6.50%$155,000

Frequently asked questions

20.2% of applications in Beaufort County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 268 applications in 2025 and a denial rate of 22.0%.

The median mortgage application in Beaufort County in 2025 was for $155,000; the median property value on originated loans was $305,000.