Lenoir County, North Carolina · 2025

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

186 lenders acted on 1,905 mortgage applications for properties in Lenoir County in 2025. 24.7% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $135,000; median property value $225,000.

1.9kApplications
24.7%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$135,000Median loan
$225,000Median property value

Largest lenders in Lenoir County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 316169 32.0%6.25%
2 21st Mortgage F 1219 60.3%10.72%
3 Vanderbilt Mortgage and Finance F 11520 42.6%10.12%
4 Truist Bank C 8550 32.9%6.50%
5 Mortgage Research Center C 7640 22.4%6.25%
6 Rocket Mortgage C 7242 26.4%6.38%
7 First-Citizens Bank & Trust B 6133 31.2%6.55%
8 United Shore Financial Services B 5836 8.6%5.81%
9 Movement Mortgage A 5036 0.0%6.63%
10 Dhi Mortgage Company B 4327 37.2%3.99%
11 Navy Federal Credit Union D 3716 24.3%7.00%
12 AmeriSave Mortgage D 366 63.9%6.25%
13 Southern Bank and Trust A 3531 2.9%7.50%
14 First National Bank of Pennsylvania B 3117 38.7%6.25%
15 Atlantic Bay Mortgage Group A 3119 3.2%6.63%
16 Lower C 3125 0.0%6.56%
17 Loandepot.Com D 3018 23.3%6.37%
18 Crosscountry Mortgage B 2913 3.5%6.50%
19 Broker Solutions D 2815 0.0%6.50%
20 New Day Financial F 234 21.7%6.74%
21 PNC Bank D 2211 36.4%7.14%
22 Newrez D 226 13.6%6.69%
23 Pennymac Loan Services C 2112 0.0%6.25%
24 American Security Mortgage A 1914 0.0%6.38%
25 Freedom Mortgage B 186 16.7%6.25%

Best approval odds in Lenoir County

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

#LenderDecidedDecision denial rate
1Mortgage Research Center5729.8%
2Rocket Mortgage6330.2%
3Truist Bank7935.4%
4First-Citizens Bank & Trust5335.9%
5State Employees'27137.3%
6Vanderbilt Mortgage and Finance7466.2%
721st Mortgage8289.0%

What Lenoir County borrowers applied for

By loan purpose

Home purchase 947 50% · 20.5% denied
Refinance 300 16% · 15.7% denied
Cash-out refinance 295 15% · 27.5% denied
Home improvement 166 9% · 41.6% denied
Other / HELOC 197 10% · 40.6% denied

By loan type

Conventional 1,259 66% · 30.7% denied
FHA 326 17% · 16.0% denied
VA 313 16% · 9.9% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Credit history 193 41%
Debt-to-income ratio 116 25%
Collateral 53 11%
Incomplete application 43 9%
Unverifiable information 29 6%
Other 27 6%
Insufficient cash 8 2%
Employment history 2 0%

Lenoir County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,71386226.2%6.63%$125,000
20241,68584725.7%6.75%$135,000
20251,90595424.7%6.50%$135,000

Frequently asked questions

24.7% of applications in Lenoir County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 316 applications in 2025 and a denial rate of 32.0%.

The median mortgage application in Lenoir County in 2025 was for $135,000; the median property value on originated loans was $225,000.