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Davidson County, North Carolina · 2025

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

336 lenders acted on 8,308 mortgage applications for properties in Davidson County in 2025. 18.8% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $175,000; median property value $295,000.

8.3kApplications
18.8%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$175,000Median loan
$295,000Median property value

Largest lenders in Davidson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 765459 24.8%6.50%
2 Atlantic Bay Mortgage Group A 523433 0.4%6.63%
3 Rocket Mortgage C 444330 14.6%6.50%
4 First National Bank of Pennsylvania B 393256 24.7%6.49%
5 Vanderbilt Mortgage and Finance F 38443 38.0%7.99%
6 Truliant Federal Credit Union D 382175 41.9%7.25%
7 Dhi Mortgage Company B 305194 18.0%4.99%
8 Truist Bank C 293177 24.9%6.88%
9 United Shore Financial Services B 218143 14.7%6.06%
10 Movement Mortgage A 175130 1.1%6.63%
11 Allegacy Federal Credit Union B 158113 10.8%5.75%
12 Pinnacle Bank B 154112 14.3%7.06%
13 Mortgage Research Center C 15179 16.6%6.50%
14 Freedom Mortgage B 15071 9.3%6.13%
15 Crosscountry Mortgage B 12078 1.7%6.63%
16 Pennymac Loan Services C 11147 13.5%6.00%
17 Inspire Home Loans B 10674 6.6%6.00%
18 Fairway Independent Mortgage B 10385 3.9%6.63%
19 Newrez D 9736 20.6%6.50%
20 Broker Solutions D 9727 7.2%7.13%
21 The Fidelity Bank B 9678 11.5%7.50%
22 Bank of America F 9434 42.6%6.25%
23 Navy Federal Credit Union D 9141 22.0%7.63%
24 Highlands Residential Mortgage B 8258 4.9%6.63%
25 Loandepot.Com D 8248 24.4%6.49%

Best approval odds in Davidson County

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

#LenderDecidedDecision denial rate
1Ixonia Bank520.0%
2Atlantic Bay Mortgage Group4400.5%
3Movement Mortgage1501.3%
4Union Home Mortgage661.5%
5Crosscountry Mortgage802.5%
6Fairway Independent Mortgage914.4%
7Coastal Community Bank605.0%
8Highlands Residential Mortgage676.0%
9Inspire Home Loans878.1%
10The Fidelity Bank9212.0%

What Davidson County borrowers applied for

By loan purpose

Home purchase 3,785 46% · 11.1% denied
Refinance 1,353 16% · 16.9% denied
Cash-out refinance 1,390 17% · 22.9% denied
Home improvement 859 10% · 33.4% denied
Other / HELOC 921 11% · 33.4% denied

By loan type

Conventional 5,920 71% · 20.9% denied
FHA 1,486 18% · 14.5% denied
VA 838 10% · 12.4% denied
USDA / RHS 64 1% · 7.8% denied

Why applications were denied

Credit history 536 34%
Debt-to-income ratio 475 30%
Collateral 184 12%
Incomplete application 122 8%
Other 114 7%
Unverifiable information 97 6%
Insufficient cash 20 1%
Employment history 12 1%

Davidson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20237,3394,36519.8%6.75%$155,000
20247,8154,64719.5%6.88%$165,000
20258,3084,79918.8%6.50%$175,000

Frequently asked questions

18.8% of applications in Davidson County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 765 applications in 2025 and a denial rate of 24.8%.

The median mortgage application in Davidson County in 2025 was for $175,000; the median property value on originated loans was $295,000.