Macon County, North Carolina · 2025

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

235 lenders acted on 1,744 mortgage applications for properties in Macon County in 2025. 18.1% were denied (North Carolina: 18.1%). Median rate on closed loans 6.63%; median loan $205,000; median property value $375,000.

1.7kApplications
18.1%Denial ratestate 18.1%
6.63%Median ratestate 6.50%
$205,000Median loan
$375,000Median property value

Largest lenders in Macon County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 202115 22.3%6.15%
2 Rocket Mortgage C 155119 14.2%6.63%
3 Union Home Mortgage B 153124 2.0%6.88%
4 First-Citizens Bank & Trust B 7148 15.5%6.60%
5 United Community Bank B 6539 35.4%6.75%
6 United Shore Financial Services B 5939 18.6%6.13%
7 Vanderbilt Mortgage and Finance F 427 33.3%8.99%
8 Mortgage Research Center C 3715 18.9%6.25%
9 PNC Bank D 3514 31.4%7.00%
10 Freedom Mortgage B 2911 17.2%5.75%
11 Newrez D 2612 15.4%6.50%
12 Pennymac Loan Services C 2516 12.0%6.37%
13 Wells Fargo Bank B 2513 12.0%6.63%
14 Navy Federal Credit Union D 2410 25.0%7.70%
15 Regions Bank C 237 26.1%6.75%
16 Bank of America F 2210 22.7%5.99%
17 Plaza Home Mortgage C 2014 15.0%7.06%
18 AmeriSave Mortgage D 195 68.4%6.63%
19 Mountain Credit Union 1710 17.7%
20 Truist Bank C 168 31.3%6.01%
21 21st Mortgage F 162 37.5%9.40%
22 First Reliance Bank A 1613 6.3%6.63%
23 First Community Mortgage A 1613 0.0%6.63%
24 Coastal Community Bank C 168 0.0%10.62%
25 New Day Financial F 152 20.0%6.81%

Best approval odds in Macon County

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

#LenderDecidedDecision denial rate
1Union Home Mortgage1322.3%
2Rocket Mortgage14415.3%
3First-Citizens Bank & Trust6118.0%
4United Shore Financial Services5121.6%
5State Employees'16227.8%
6United Community Bank6435.9%

What Macon County borrowers applied for

By loan purpose

Home purchase 742 43% · 9.8% denied
Refinance 239 14% · 15.1% denied
Cash-out refinance 373 21% · 25.2% denied
Home improvement 196 11% · 33.7% denied
Other / HELOC 194 11% · 23.7% denied

By loan type

Conventional 1,407 81% · 19.0% denied
FHA 180 10% · 15.6% denied
VA 148 8% · 12.8% denied
USDA / RHS 9 1% · 11.1% denied

Why applications were denied

Debt-to-income ratio 103 33%
Credit history 68 22%
Collateral 43 14%
Incomplete application 33 11%
Other 31 10%
Unverifiable information 22 7%
Insufficient cash 10 3%
Employment history 1 0%

Macon County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,49083320.3%6.88%$175,000
20241,46483218.9%6.88%$205,000
20251,74499818.1%6.63%$205,000

Frequently asked questions

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

State Employees', with 202 applications in 2025 and a denial rate of 22.3%.

The median mortgage application in Macon County in 2025 was for $205,000; the median property value on originated loans was $375,000.