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Iredell County, North Carolina · 2025

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

435 lenders acted on 10,560 mortgage applications for properties in Iredell County in 2025. 16.9% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $245,000; median property value $405,000.

11kApplications
16.9%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$245,000Median loan
$405,000Median property value

Largest lenders in Iredell County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 781477 23.2%6.25%
2 Rocket Mortgage C 604451 17.2%6.63%
3 Movement Mortgage A 454341 1.3%6.63%
4 United Shore Financial Services B 447321 14.8%6.13%
5 Dhi Mortgage Company B 351261 10.5%5.50%
6 Bank of America F 330185 23.6%6.24%
7 Truist Bank C 277144 32.5%6.49%
8 Loandepot.Com D 248151 18.2%5.75%
9 Vanderbilt Mortgage and Finance F 19813 37.4%8.99%
10 Fifth Third Bank D 197121 17.8%7.25%
11 Atlantic Bay Mortgage Group A 195137 1.0%6.75%
12 Freedom Mortgage B 17476 10.3%6.25%
13 Crosscountry Mortgage B 165105 6.1%6.58%
14 Lennar Mortgage A 162122 8.0%6.25%
15 First National Bank of Pennsylvania B 15384 32.7%6.49%
16 First-Citizens Bank & Trust B 149100 22.2%6.49%
17 Newrez D 14954 16.8%6.44%
18 Mortgage Research Center C 13354 24.1%6.25%
19 Coastal Community Bank C 13330 0.8%10.49%
20 Pennymac Loan Services C 13267 12.1%6.13%
21 Fairway Independent Mortgage B 12291 2.5%6.75%
22 Navy Federal Credit Union D 12066 15.0%7.58%
23 Spring Eq D 11340 48.7%8.88%
24 Taylor Morrison Home Funding A 11293 2.7%5.88%
25 AmeriSave Mortgage D 11137 55.9%8.13%

Best approval odds in Iredell County

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

#LenderDecidedDecision denial rate
1American Security Mortgage680.0%
2Coastal Community Bank981.0%
3Atlantic Bay Mortgage Group1401.4%
4Movement Mortgage3841.6%
5Taylor Morrison Home Funding963.1%
6Fairway Independent Mortgage963.1%
7Guild Mortgage603.3%
8JPMorgan Chase Bank573.5%
9Crosscountry Mortgage1178.6%
10Lennar Mortgage1359.6%

What Iredell County borrowers applied for

By loan purpose

Home purchase 4,931 47% · 8.8% denied
Refinance 1,753 17% · 17.7% denied
Cash-out refinance 1,612 15% · 22.1% denied
Home improvement 1,026 10% · 30.4% denied
Other / HELOC 1,238 12% · 30.1% denied

By loan type

Conventional 8,045 76% · 17.5% denied
FHA 1,655 16% · 16.4% denied
VA 830 8% · 12.1% denied
USDA / RHS 30 0% · 10.0% denied

Why applications were denied

Debt-to-income ratio 613 34%
Credit history 439 25%
Collateral 221 12%
Incomplete application 213 12%
Other 142 8%
Unverifiable information 91 5%
Insufficient cash 50 3%
Employment history 13 1%

Iredell County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20239,3275,57518.4%6.75%$215,000
202410,0286,08217.2%6.75%$245,000
202510,5606,30516.9%6.50%$245,000

Frequently asked questions

16.9% of applications in Iredell County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 781 applications in 2025 and a denial rate of 23.2%.

The median mortgage application in Iredell County in 2025 was for $245,000; the median property value on originated loans was $405,000.