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Cabarrus County, North Carolina · 2025

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

417 lenders acted on 11,947 mortgage applications for properties in Cabarrus County in 2025. 16.4% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $255,000; median property value $435,000.

12kApplications
16.4%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$255,000Median loan
$435,000Median property value

Largest lenders in Cabarrus County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 1,036866 7.6%6.07%
2 State Employees' C 930565 21.7%6.50%
3 Rocket Mortgage C 737548 14.9%6.75%
4 Bank of America F 347167 28.8%6.24%
5 Fifth Third Bank D 326172 27.0%7.75%
6 Truliant Federal Credit Union D 298127 42.6%7.50%
7 Movement Mortgage A 296223 1.7%6.63%
8 Loandepot.Com D 255179 16.9%6.38%
9 Truist Bank C 229136 28.0%6.39%
10 Pennymac Loan Services C 211102 11.4%6.38%
11 NVR Mortgage Finance B 179121 24.6%6.63%
12 Navy Federal Credit Union D 17884 21.9%7.25%
13 Spring Eq D 17562 45.7%8.64%
14 Newrez D 17454 13.2%6.50%
15 M/i Financial A 171152 0.0%6.38%
16 Freedom Mortgage B 17172 6.4%6.19%
17 First National Bank of Pennsylvania B 147112 17.7%6.25%
18 Broker Solutions D 13855 6.5%6.75%
19 Uwharrie Bank B 138113 5.1%7.00%
20 Mortgage Research Center C 13663 16.9%6.25%
21 Ixonia Bank C 13299 1.5%6.75%
22 First-Citizens Bank & Trust B 12786 18.1%6.25%
23 Coastal Community Bank C 12627 3.2%9.74%
24 Vanderbilt Mortgage and Finance F 1255 32.0%8.75%
25 Crosscountry Mortgage B 12477 3.2%6.58%

Best approval odds in Cabarrus County

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

#LenderDecidedDecision denial rate
1Guild Mortgage610.0%
2Atlantic Bay Mortgage Group950.0%
3M/i Financial1640.0%
4Ixonia Bank1031.9%
5Zillow Home Loans512.0%
6Movement Mortgage2552.0%
7American Security Mortgage842.4%
8Fairway Independent Mortgage923.3%
9Alcova Mortgage914.4%
10Coastal Community Bank894.5%

What Cabarrus County borrowers applied for

By loan purpose

Home purchase 4,884 41% · 9.1% denied
Refinance 2,442 20% · 12.2% denied
Cash-out refinance 2,029 17% · 21.5% denied
Home improvement 1,151 10% · 31.5% denied
Other / HELOC 1,441 12% · 29.0% denied

By loan type

Conventional 9,570 80% · 17.0% denied
FHA 1,556 13% · 15.6% denied
VA 813 7% · 10.5% denied
USDA / RHS 8 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 728 37%
Credit history 453 23%
Incomplete application 240 12%
Collateral 239 12%
Other 153 8%
Unverifiable information 92 5%
Insufficient cash 31 2%
Employment history 20 1%

Cabarrus County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202310,1615,98818.8%6.78%$215,000
202411,2936,68018.5%6.88%$245,000
202511,9477,19516.4%6.50%$255,000

Frequently asked questions

16.4% of applications in Cabarrus County were denied in 2025, against 18.1% statewide in North Carolina.

United Shore Financial Services, with 1,036 applications in 2025 and a denial rate of 7.6%.

The median mortgage application in Cabarrus County in 2025 was for $255,000; the median property value on originated loans was $435,000.