Scotland County, North Carolina · 2025

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

152 lenders acted on 1,127 mortgage applications for properties in Scotland County in 2025. 27.3% were denied (North Carolina: 18.1%). Median rate on closed loans 6.61%; median loan $135,000; median property value $215,000.

1.1kApplications
27.3%Denial ratestate 18.1%
6.61%Median ratestate 6.50%
$135,000Median loan
$215,000Median property value

Largest lenders in Scotland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 15920 43.4%10.38%
2 State Employees' C 14773 32.0%6.50%
3 21st Mortgage F 7920 49.4%11.33%
4 Rocket Mortgage C 6237 22.6%6.38%
5 United Shore Financial Services B 4335 4.7%5.88%
6 PNC Bank D 2811 35.7%7.39%
7 Crosscountry Mortgage B 2719 3.7%6.38%
8 Freedom Mortgage B 259 12.0%5.88%
9 Mortgage Research Center C 258 28.0%6.50%
10 Navy Federal Credit Union D 2510 28.0%6.75%
11 C & F Mortgage A 2310 21.7%6.37%
12 Union Home Mortgage B 2115 4.8%6.56%
13 Broker Solutions D 206 25.0%6.99%
14 Truist Bank C 1910 42.1%7.10%
15 AmeriSave Mortgage D 173 52.9%8.50%
16 Loandepot.Com D 178 23.5%6.63%
17 First Bank C 1712 11.8%7.25%
18 Newrez D 156 6.7%7.38%
19 Triad Financial Services D 144 50.0%9.39%
20 Pennymac Loan Services C 135 30.8%6.13%
21 Alcova Mortgage A 119 0.0%6.62%
22 Southwest Stage Funding F 112 0.0%8.43%
23 Wells Fargo Bank B 107 10.0%6.50%
24 Movement Mortgage A 105 0.0%6.75%
25 NFM A 98 11.1%6.75%

Best approval odds in Scotland County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage5326.4%
2State Employees'12039.2%
321st Mortgage6065.0%
4Vanderbilt Mortgage and Finance9275.0%

What Scotland County borrowers applied for

By loan purpose

Home purchase 615 55% · 26.7% denied
Refinance 136 12% · 11.0% denied
Cash-out refinance 193 17% · 25.9% denied
Home improvement 91 8% · 50.6% denied
Other / HELOC 92 8% · 35.9% denied

By loan type

Conventional 775 69% · 32.7% denied
FHA 195 17% · 18.5% denied
VA 149 13% · 11.4% denied
USDA / RHS 8 1% · 25.0% denied

Why applications were denied

Credit history 123 40%
Debt-to-income ratio 85 28%
Collateral 36 12%
Incomplete application 25 8%
Unverifiable information 22 7%
Other 12 4%
Insufficient cash 4 1%
Employment history 1 0%

Scotland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,00640532.9%6.88%$115,000
20241,02440133.2%6.99%$115,000
20251,12748627.3%6.61%$135,000

Frequently asked questions

27.3% of applications in Scotland County were denied in 2025, against 18.1% statewide in North Carolina.

Vanderbilt Mortgage and Finance, with 159 applications in 2025 and a denial rate of 43.4%.

The median mortgage application in Scotland County in 2025 was for $135,000; the median property value on originated loans was $215,000.