Richmond County, North Carolina · 2025

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

138 lenders acted on 1,335 mortgage applications for properties in Richmond County in 2025. 28.9% were denied (North Carolina: 18.1%). Median rate on closed loans 6.62%; median loan $125,000; median property value $205,000.

1.3kApplications
28.9%Denial ratestate 18.1%
6.62%Median ratestate 6.50%
$125,000Median loan
$205,000Median property value

Largest lenders in Richmond County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 276128 35.1%6.15%
2 21st Mortgage F 10617 54.7%9.19%
3 Vanderbilt Mortgage and Finance F 10410 45.2%9.38%
4 Rocket Mortgage C 7554 20.0%7.06%
5 Truist Bank C 4721 34.0%7.79%
6 Movement Mortgage A 4233 7.1%6.63%
7 PNC Bank D 3311 39.4%7.14%
8 United Shore Financial Services B 3322 12.1%6.13%
9 Mortgage Research Center C 3318 24.2%6.50%
10 AmeriSave Mortgage D 275 66.7%6.63%
11 The Fidelity Bank B 2720 18.5%7.75%
12 Loandepot.Com D 2414 29.2%7.06%
13 First Bank C 2317 26.1%6.50%
14 Union Home Mortgage B 2115 9.5%6.50%
15 Freedom Mortgage B 2112 4.8%6.00%
16 Crosscountry Mortgage B 1911 5.3%6.25%
17 NFM A 1917 5.3%6.63%
18 Pennymac Loan Services C 187 27.8%6.13%
19 Broker Solutions D 187 0.0%7.06%
20 Newrez D 164 37.5%7.18%
21 Triad Financial Services D 156 53.3%8.27%
22 Navy Federal Credit Union D 145 42.9%7.59%
23 New Day Financial F 136 7.7%7.18%
24 Southwest Stage Funding F 135 7.7%10.15%
25 Figure Lending C 115 9.1%10.20%

Best approval odds in Richmond County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage7021.4%
2State Employees'22942.4%
321st Mortgage7775.3%
4Vanderbilt Mortgage and Finance5881.0%

What Richmond County borrowers applied for

By loan purpose

Home purchase 636 48% · 25.9% denied
Refinance 214 16% · 19.2% denied
Cash-out refinance 230 17% · 30.9% denied
Home improvement 115 9% · 48.7% denied
Other / HELOC 140 10% · 37.9% denied

By loan type

Conventional 949 71% · 33.8% denied
FHA 242 18% · 18.2% denied
VA 136 10% · 15.4% denied
USDA / RHS 8 1% · 0.0% denied

Why applications were denied

Credit history 157 41%
Debt-to-income ratio 114 30%
Collateral 38 10%
Incomplete application 28 7%
Unverifiable information 26 7%
Insufficient cash 11 3%
Other 10 3%
Employment history 2 1%

Richmond County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,35355732.5%6.88%$115,000
20241,29357829.4%6.98%$125,000
20251,33559728.9%6.62%$125,000

Frequently asked questions

28.9% of applications in Richmond County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 276 applications in 2025 and a denial rate of 35.1%.

The median mortgage application in Richmond County in 2025 was for $125,000; the median property value on originated loans was $205,000.