Find a better mortgage lender

Pasquotank County, North Carolina · 2025

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

192 lenders acted on 2,303 mortgage applications for properties in Pasquotank County in 2025. 19.1% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $225,000; median property value $315,000.

2.3kApplications
19.1%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$225,000Median loan
$315,000Median property value

Largest lenders in Pasquotank County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 NVR Mortgage Finance B 191114 27.2%6.13%
2 Navy Federal Credit Union D 13872 18.8%7.75%
3 Mortgage Research Center C 13268 9.9%6.25%
4 State Employees' C 12666 29.4%6.48%
5 Rocket Mortgage C 11079 15.5%6.63%
6 Vanderbilt Mortgage and Finance F 1046 47.1%10.99%
7 Freedom Mortgage B 8240 2.4%5.88%
8 United Shore Financial Services B 8057 11.3%5.63%
9 Truist Bank C 5635 25.0%6.86%
10 Newrez D 5423 14.8%6.25%
11 American Neighborhood Mortgage Acceptance Company B 5234 1.9%6.63%
12 Pennymac Loan Services C 4923 10.2%5.75%
13 Atlantic Coast Mortgage A 4432 0.0%6.75%
14 Southern Bank and Trust A 4034 10.0%7.50%
15 Movement Mortgage A 3622 2.8%6.56%
16 AmeriSave Mortgage D 3214 56.3%7.56%
17 Southern Trust Mortgage B 3220 6.3%6.63%
18 Cornerstone Capital Bank A 2723 0.0%6.25%
19 LANGLEY Federal Credit Union C 2618 26.9%6.99%
20 New Day Financial F 255 32.0%6.99%
21 Coastal Community Bank C 246 0.0%11.74%
22 Atlantic Bay Mortgage Group A 2320 0.0%6.69%
23 ABNB Federal Credit Union D 237 39.1%7.25%
24 Lendingone F 2210 18.2%9.37%
25 PNC Bank D 216 33.3%7.39%

Best approval odds in Pasquotank County

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

#LenderDecidedDecision denial rate
1Freedom Mortgage504.0%
2United Shore Financial Services6813.2%
3Mortgage Research Center8215.9%
4Rocket Mortgage10416.4%
5Navy Federal Credit Union9826.5%
6Truist Bank5028.0%
7NVR Mortgage Finance16631.3%
8State Employees'10435.6%
9Vanderbilt Mortgage and Finance5589.1%

What Pasquotank County borrowers applied for

By loan purpose

Home purchase 1,103 48% · 13.5% denied
Refinance 378 16% · 13.5% denied
Cash-out refinance 434 19% · 26.7% denied
Home improvement 196 9% · 27.6% denied
Other / HELOC 192 8% · 35.9% denied

By loan type

Conventional 1,215 53% · 24.0% denied
FHA 430 19% · 19.8% denied
VA 640 28% · 9.7% denied
USDA / RHS 18 1% · 0.0% denied

Why applications were denied

Credit history 142 32%
Debt-to-income ratio 114 26%
Incomplete application 45 10%
Other 45 10%
Collateral 41 9%
Unverifiable information 37 8%
Insufficient cash 12 3%
Employment history 3 1%

Pasquotank County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,73790324.4%6.63%$185,000
20242,0961,15219.9%6.63%$205,000
20252,3031,25719.1%6.50%$225,000

Frequently asked questions

19.1% of applications in Pasquotank County were denied in 2025, against 18.1% statewide in North Carolina.

NVR Mortgage Finance, with 191 applications in 2025 and a denial rate of 27.2%.

The median mortgage application in Pasquotank County in 2025 was for $225,000; the median property value on originated loans was $315,000.