Martin County, North Carolina · 2025

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

98 lenders acted on 687 mortgage applications for properties in Martin County in 2025. 28.8% were denied (North Carolina: 18.1%). Median rate on closed loans 6.62%; median loan $115,000; median property value $185,000.

687Applications
28.8%Denial ratestate 18.1%
6.62%Median ratestate 6.50%
$115,000Median loan
$185,000Median property value

Largest lenders in Martin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 11748 39.3%6.15%
2 Vanderbilt Mortgage and Finance F 7814 34.6%10.12%
3 Truist Bank C 5023 38.0%7.50%
4 Rocket Mortgage C 3720 29.7%6.93%
5 21st Mortgage F 192 52.6%9.48%
6 United Shore Financial Services B 1812 16.7%6.75%
7 Southern Bank and Trust A 1815 16.7%7.00%
8 Mortgage Research Center C 168 31.3%6.18%
9 First National Bank of Pennsylvania B 157 46.7%6.99%
10 AmeriSave Mortgage D 152 80.0%7.18%
11 Pennymac Loan Services C 142 35.7%6.56%
12 Weyco Community Credit Union 1310 23.1%5.13%
13 PNC Bank D 123 66.7%7.13%
14 Broker Solutions D 123 0.0%7.25%
15 Neighborhood Mortgage Solutions C 1212 0.0%5.13%
16 Loandepot.Com D 117 36.4%7.50%
17 Navy Federal Credit Union D 116 9.1%7.45%
18 Atlantic Bay Mortgage Group A 108 0.0%6.56%
19 First-Citizens Bank & Trust B 95 22.2%6.49%
20 Crosscountry Mortgage B 94 11.1%6.49%
21 Freedom Mortgage B 93 11.1%5.75%
22 Coastal Community Bank C 93 0.0%9.74%
23 Wells Fargo Bank B 86 12.5%7.13%
24 Newrez D 70 0.0%
25 JPMorgan Chase Bank B 63 0.0%6.38%

Best approval odds in Martin County

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

#LenderDecidedDecision denial rate
1State Employees'9747.4%

What Martin County borrowers applied for

By loan purpose

Home purchase 334 49% · 20.4% denied
Refinance 73 11% · 20.6% denied
Cash-out refinance 124 18% · 37.1% denied
Home improvement 79 11% · 55.7% denied
Other / HELOC 77 11% · 32.5% denied

By loan type

Conventional 502 73% · 31.1% denied
FHA 118 17% · 22.9% denied
VA 60 9% · 21.7% denied
USDA / RHS 7 1% · 28.6% denied

Why applications were denied

Credit history 81 41%
Debt-to-income ratio 45 23%
Collateral 26 13%
Incomplete application 18 9%
Unverifiable information 15 8%
Other 8 4%
Insufficient cash 3 2%
Employment history 2 1%

Martin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202356323732.9%6.99%$105,000
202461226227.0%7.00%$125,000
202568729528.8%6.62%$115,000

Frequently asked questions

28.8% of applications in Martin County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 117 applications in 2025 and a denial rate of 39.3%.

The median mortgage application in Martin County in 2025 was for $115,000; the median property value on originated loans was $185,000.