Polk County, North Carolina · 2025

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

166 lenders acted on 916 mortgage applications for properties in Polk County in 2025. 19.1% were denied (North Carolina: 18.1%). Median rate on closed loans 6.75%; median loan $210,000; median property value $465,000.

916Applications
19.1%Denial ratestate 18.1%
6.75%Median ratestate 6.50%
$210,000Median loan
$465,000Median property value

Largest lenders in Polk County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 8440 31.0%6.48%
2 HomeTrust Bank C 8258 18.3%7.25%
3 First-Citizens Bank & Trust B 6344 17.5%6.50%
4 Rocket Mortgage C 5940 18.6%6.81%
5 Vanderbilt Mortgage and Finance F 479 27.7%9.75%
6 Movement Mortgage A 2413 0.0%6.69%
7 United Federal Credit Union D 2317 8.7%7.05%
8 Pennymac Loan Services C 2212 9.1%5.93%
9 Bank of America F 196 21.1%6.06%
10 United Community Bank B 1811 22.2%6.25%
11 United Shore Financial Services B 189 16.7%6.12%
12 Truist Bank C 168 37.5%6.42%
13 Spring Eq D 145 64.3%8.80%
14 Atlantic Bay Mortgage Group A 138 0.0%6.50%
15 Freedom Mortgage B 125 0.0%6.25%
16 Loandepot.Com D 125 41.7%6.99%
17 Navy Federal Credit Union D 126 8.3%6.50%
18 AmeriSave Mortgage D 113 63.6%6.88%
19 Mutual of Omaha Mortgage C 116 0.0%6.63%
20 Fairway Independent Mortgage B 117 0.0%6.99%
21 Highlands Residential Mortgage B 119 0.0%6.62%
22 Mortgage Research Center C 103 20.0%5.63%
23 Broker Solutions D 93 22.2%7.38%
24 Howard Hanna Financial Services A 96 0.0%6.62%
25 Better Mortgage F 83 25.0%7.13%

Best approval odds in Polk County

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

#LenderDecidedDecision denial rate
1First-Citizens Bank & Trust5719.3%
2HomeTrust Bank7320.6%
3Rocket Mortgage5221.2%
4State Employees'6838.2%

What Polk County borrowers applied for

By loan purpose

Home purchase 368 40% · 12.2% denied
Refinance 134 15% · 14.2% denied
Cash-out refinance 165 18% · 23.0% denied
Home improvement 119 13% · 31.9% denied
Other / HELOC 130 14% · 26.9% denied

By loan type

Conventional 771 84% · 20.1% denied
FHA 67 7% · 17.9% denied
VA 73 8% · 11.0% denied
USDA / RHS 5 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 63 36%
Credit history 37 21%
Collateral 29 17%
Incomplete application 26 15%
Unverifiable information 10 6%
Other 7 4%
Insufficient cash 2 1%
Employment history 1 1%

Polk County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202377141722.8%6.88%$195,000
202475540222.4%6.88%$205,000
202591649219.1%6.75%$210,000

Frequently asked questions

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

State Employees', with 84 applications in 2025 and a denial rate of 31.0%.

The median mortgage application in Polk County in 2025 was for $210,000; the median property value on originated loans was $465,000.