Montgomery County, North Carolina · 2025

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

151 lenders acted on 1,024 mortgage applications for properties in Montgomery County in 2025. 21.6% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $175,000; median property value $325,000.

1.0kApplications
21.6%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$175,000Median loan
$325,000Median property value

Largest lenders in Montgomery County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 234141 21.4%6.15%
2 Vanderbilt Mortgage and Finance F 7610 38.2%9.50%
3 Truliant Federal Credit Union D 4315 46.5%7.25%
4 United Shore Financial Services B 4123 17.1%6.12%
5 Rocket Mortgage C 4125 26.8%6.88%
6 The Fidelity Bank B 4024 22.5%7.50%
7 Movement Mortgage A 3529 0.0%6.19%
8 Uwharrie Bank B 3430 0.0%7.00%
9 First Bank C 3016 26.7%6.88%
10 Truist Bank C 2413 29.2%6.38%
11 21st Mortgage F 226 45.5%10.00%
12 Atlantic Bay Mortgage Group A 1810 5.6%6.38%
13 Freedom Mortgage B 1511 6.7%6.25%
14 Pinnacle Bank B 1510 13.3%6.69%
15 AmeriSave Mortgage D 132 69.2%7.25%
16 Crosscountry Mortgage B 124 0.0%6.78%
17 Mortgage Research Center C 125 8.3%6.13%
18 First-Citizens Bank & Trust B 1110 9.1%6.68%
19 Navy Federal Credit Union D 103 10.0%7.75%
20 Bank of America F 94 22.2%6.12%
21 U.S. Bank D 96 11.1%5.93%
22 Wells Fargo Bank B 73 28.6%6.38%
23 Triad Financial Services D 70 71.4%
24 Guaranteed Rate B 65 0.0%6.88%
25 Ixonia Bank C 63 0.0%7.63%

Best approval odds in Montgomery County

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

#LenderDecidedDecision denial rate
1State Employees'19425.8%

What Montgomery County borrowers applied for

By loan purpose

Home purchase 511 50% · 16.2% denied
Refinance 135 13% · 24.4% denied
Cash-out refinance 157 15% · 28.7% denied
Home improvement 119 12% · 32.8% denied
Other / HELOC 102 10% · 20.6% denied

By loan type

Conventional 821 80% · 23.1% denied
FHA 112 11% · 14.3% denied
VA 87 8% · 17.2% denied
USDA / RHS 4 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 71 32%
Credit history 55 25%
Collateral 31 14%
Incomplete application 22 10%
Other 20 9%
Unverifiable information 19 9%
Insufficient cash 2 1%
Employment history 1 0%

Montgomery County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202387846523.4%6.78%$125,000
202496450323.2%6.88%$165,000
20251,02453821.6%6.50%$175,000

Frequently asked questions

21.6% of applications in Montgomery County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 234 applications in 2025 and a denial rate of 21.4%.

The median mortgage application in Montgomery County in 2025 was for $175,000; the median property value on originated loans was $325,000.