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Carteret County, North Carolina · 2025

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

305 lenders acted on 4,058 mortgage applications for properties in Carteret County in 2025. 16.7% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $255,000; median property value $465,000.

4.1kApplications
16.7%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$255,000Median loan
$465,000Median property value

Largest lenders in Carteret County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 542371 17.2%6.25%
2 Navy Federal Credit Union D 248134 14.1%7.75%
3 First-Citizens Bank & Trust B 244175 16.4%6.40%
4 Rocket Mortgage C 199141 24.1%6.63%
5 Truist Bank C 187105 32.1%6.60%
6 Guaranteed Rate B 11548 5.2%6.59%
7 United Shore Financial Services B 9163 13.2%6.13%
8 Mortgage Research Center C 7630 25.0%6.50%
9 Dhi Mortgage Company B 7145 7.0%5.06%
10 Lower C 7054 8.6%6.63%
11 American Security Mortgage A 7058 0.0%6.38%
12 Vanderbilt Mortgage and Finance F 6621 18.2%9.50%
13 Newrez D 6526 24.6%6.25%
14 Southern Bank and Trust A 6456 7.8%7.00%
15 Pennymac Loan Services C 6236 8.1%5.63%
16 Freedom Mortgage B 6136 4.9%6.00%
17 AmeriSave Mortgage D 5713 61.4%6.63%
18 Bank of America F 5625 19.6%6.38%
19 PNC Bank D 5428 24.1%7.25%
20 21st Mortgage F 5210 46.2%9.54%
21 CMG Mortgage A 4929 12.2%6.75%
22 Corporate Investors Mortgage Group A 4949 0.0%6.63%
23 First National Bank of Pennsylvania B 4727 36.2%6.49%
24 Movement Mortgage A 4735 2.1%6.75%
25 Loandepot.Com D 4616 21.7%6.44%

Best approval odds in Carteret County

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

#LenderDecidedDecision denial rate
1American Security Mortgage610.0%
2Southern Bank and Trust647.8%
3Dhi Mortgage Company519.8%
4Lower6010.0%
5Guaranteed Rate5810.3%
6United Shore Financial Services7815.4%
7First-Citizens Bank & Trust22018.2%
8State Employees'46620.0%
9Navy Federal Credit Union17220.4%
10Rocket Mortgage18925.4%

What Carteret County borrowers applied for

By loan purpose

Home purchase 1,828 45% · 8.8% denied
Refinance 668 16% · 14.5% denied
Cash-out refinance 653 16% · 25.6% denied
Home improvement 410 10% · 30.5% denied
Other / HELOC 499 12% · 25.5% denied

By loan type

Conventional 3,202 79% · 17.5% denied
FHA 283 7% · 17.7% denied
VA 567 14% · 11.5% denied
USDA / RHS 6 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 251 37%
Credit history 133 20%
Collateral 112 17%
Incomplete application 79 12%
Other 57 8%
Unverifiable information 23 3%
Insufficient cash 14 2%
Employment history 4 1%

Carteret County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,6602,15618.3%6.75%$215,000
20243,6322,18217.1%6.88%$225,000
20254,0582,44216.7%6.50%$255,000

Frequently asked questions

16.7% of applications in Carteret County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 542 applications in 2025 and a denial rate of 17.2%.

The median mortgage application in Carteret County in 2025 was for $255,000; the median property value on originated loans was $465,000.