Forsyth County, North Carolina · 2025

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

446 lenders acted on 16,251 mortgage applications for properties in Forsyth County in 2025. 18.0% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $185,000; median property value $315,000.

16kApplications
18.0%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$185,000Median loan
$315,000Median property value

Largest lenders in Forsyth County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 1,422844 23.1%6.25%
2 Truliant Federal Credit Union D 1,110475 47.0%7.25%
3 Allegacy Federal Credit Union B 975617 13.6%5.75%
4 Rocket Mortgage C 878643 16.7%6.63%
5 Truist Bank C 543309 29.3%6.63%
6 Atlantic Bay Mortgage Group A 505397 1.4%6.63%
7 Vanderbilt Mortgage and Finance F 486198 25.7%5.99%
8 First National Bank of Pennsylvania B 396305 15.4%6.25%
9 Fairway Independent Mortgage B 383291 5.5%6.75%
10 United Shore Financial Services B 376251 14.6%6.12%
11 Movement Mortgage A 371289 2.2%6.63%
12 Highlands Residential Mortgage B 312232 2.2%6.63%
13 Mortgage Research Center C 269128 19.0%6.25%
14 Bank of America F 261107 33.7%6.24%
15 First-Citizens Bank & Trust B 251177 18.7%6.25%
16 Freedom Mortgage B 245108 10.2%6.25%
17 Navy Federal Credit Union D 204114 17.7%7.30%
18 Newrez D 18355 19.1%6.63%
19 Lennar Mortgage A 175138 5.7%6.00%
20 Loandepot.Com D 17074 36.5%6.50%
21 Wells Fargo Bank B 16787 19.2%6.38%
22 Guaranteed Rate B 165103 5.5%6.59%
23 Crosscountry Mortgage B 163105 1.8%6.58%
24 AmeriSave Mortgage D 16161 50.3%8.00%
25 Prosperity Home Mortgage A 160129 2.5%6.25%

Best approval odds in Forsyth County

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

What Forsyth County borrowers applied for

By loan purpose

Home purchase 7,168 44% · 9.2% denied
Refinance 2,539 16% · 17.5% denied
Cash-out refinance 2,768 17% · 23.0% denied
Home improvement 1,807 11% · 30.6% denied
Other / HELOC 1,969 12% · 32.6% denied

By loan type

Conventional 12,601 78% · 19.0% denied
FHA 2,247 14% · 16.1% denied
VA 1,387 9% · 12.8% denied
USDA / RHS 16 0% · 25.0% denied

Why applications were denied

Debt-to-income ratio 966 33%
Credit history 860 29%
Collateral 311 11%
Incomplete application 298 10%
Other 248 8%
Unverifiable information 198 7%
Insufficient cash 33 1%
Employment history 16 1%
Mortgage insurance denied 1 0%

Forsyth County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202313,5388,18319.5%6.63%$155,000
202414,5198,65319.5%6.75%$165,000
202516,2519,62318.0%6.50%$185,000

Frequently asked questions

18.0% of applications in Forsyth County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 1,422 applications in 2025 and a denial rate of 23.1%.

The median mortgage application in Forsyth County in 2025 was for $185,000; the median property value on originated loans was $315,000.