Swain County, North Carolina · 2025

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

146 lenders acted on 548 mortgage applications for properties in Swain County in 2025. 22.6% were denied (North Carolina: 18.1%). Median rate on closed loans 6.50%; median loan $210,000; median property value $385,000.

548Applications
22.6%Denial ratestate 18.1%
6.50%Median ratestate 6.50%
$210,000Median loan
$385,000Median property value

Largest lenders in Swain County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 7344 28.8%5.76%
2 United Community Bank B 6741 20.9%6.50%
3 Vanderbilt Mortgage and Finance F 352 42.9%11.25%
4 Rocket Mortgage C 2816 21.4%6.50%
5 United Shore Financial Services B 169 18.8%6.88%
6 First-Citizens Bank & Trust B 146 42.9%6.55%
7 Union Home Mortgage B 1311 7.7%6.75%
8 Plaza Home Mortgage C 97 11.1%6.50%
9 Mortgage Research Center C 93 22.2%6.13%
10 Wells Fargo Bank B 75 28.6%6.50%
11 Truist Bank C 72 28.6%6.66%
12 First Community Mortgage A 74 0.0%6.50%
13 Newrez D 73 28.6%6.88%
14 AmeriSave Mortgage D 61 66.7%9.38%
15 Credit Human Federal Credit Union D 60 83.3%
16 Click n' Close C 64 0.0%5.88%
17 The Loan Store B 66 0.0%7.00%
18 Pennymac Loan Services C 52 20.0%5.31%
19 Alliant Credit Union D 54 20.0%7.19%
20 Freedom Mortgage B 53 0.0%7.63%
21 Triad Financial Services D 51 40.0%8.85%
22 Navy Federal Credit Union D 53 20.0%7.95%

Best approval odds in Swain County

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

#LenderDecidedDecision denial rate
1United Community Bank5525.5%
2State Employees'6532.3%

What Swain County borrowers applied for

By loan purpose

Home purchase 296 54% · 18.2% denied
Refinance 77 14% · 22.1% denied
Cash-out refinance 80 15% · 25.0% denied
Home improvement 45 8% · 35.6% denied
Other / HELOC 50 9% · 34.0% denied

By loan type

Conventional 455 83% · 23.1% denied
FHA 50 9% · 22.0% denied
VA 42 8% · 19.1% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 39 31%
Credit history 24 19%
Collateral 21 17%
Other 14 11%
Unverifiable information 13 10%
Incomplete application 8 6%
Employment history 3 2%
Insufficient cash 2 2%

Swain County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202352727521.1%7.00%$195,000
202448926324.1%7.00%$205,000
202554827822.6%6.50%$210,000

Frequently asked questions

22.6% of applications in Swain County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 73 applications in 2025 and a denial rate of 28.8%.

The median mortgage application in Swain County in 2025 was for $210,000; the median property value on originated loans was $385,000.