Wayne County, North Carolina · 2025

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

270 lenders acted on 4,918 mortgage applications for properties in Wayne County in 2025. 21.3% were denied (North Carolina: 18.1%). Median rate on closed loans 6.49%; median loan $185,000; median property value $265,000.

4.9kApplications
21.3%Denial ratestate 18.1%
6.49%Median ratestate 6.50%
$185,000Median loan
$265,000Median property value

Largest lenders in Wayne County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 709349 34.1%6.25%
2 Rocket Mortgage C 223152 21.1%6.50%
3 Mortgage Research Center C 223109 18.8%6.25%
4 United Shore Financial Services B 220150 8.2%6.00%
5 Vanderbilt Mortgage and Finance F 18718 39.6%9.63%
6 21st Mortgage F 16225 61.1%10.51%
7 Atlantic Bay Mortgage Group A 161134 2.5%6.49%
8 Truist Bank C 15887 32.9%7.00%
9 Freedom Mortgage B 13868 7.3%5.81%
10 Navy Federal Credit Union D 11956 25.2%6.31%
11 Movement Mortgage A 11286 4.5%6.50%
12 Lower C 10186 1.0%6.50%
13 Pennymac Loan Services C 9042 7.8%5.99%
14 American Security Mortgage A 8171 1.2%6.25%
15 Dhi Mortgage Company B 8050 30.0%4.99%
16 Newrez D 7827 23.1%6.25%
17 Loandepot.Com D 7446 25.7%5.81%
18 First-Citizens Bank & Trust B 6745 25.4%6.50%
19 Crosscountry Mortgage B 6442 3.1%6.47%
20 Broker Solutions D 6329 12.7%6.75%
21 Southern Bank and Trust A 6249 16.1%7.50%
22 New Day Financial F 609 18.3%7.25%
23 Cornerstone Capital Bank A 5751 1.8%5.75%
24 PNC Bank D 5319 47.2%7.35%
25 AmeriSave Mortgage D 4914 63.3%6.63%

Best approval odds in Wayne County

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

What Wayne County borrowers applied for

By loan purpose

Home purchase 2,338 48% · 14.4% denied
Refinance 852 17% · 19.6% denied
Cash-out refinance 869 18% · 26.4% denied
Home improvement 408 8% · 39.7% denied
Other / HELOC 451 9% · 33.9% denied

By loan type

Conventional 2,798 57% · 28.1% denied
FHA 792 16% · 17.2% denied
VA 1,291 26% · 9.4% denied
USDA / RHS 37 1% · 10.8% denied

Why applications were denied

Credit history 383 37%
Debt-to-income ratio 319 31%
Collateral 105 10%
Incomplete application 97 9%
Other 65 6%
Unverifiable information 44 4%
Insufficient cash 23 2%
Employment history 9 1%

Wayne County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,7842,09021.7%6.63%$145,000
20244,4992,46821.5%6.63%$165,000
20254,9182,63621.3%6.49%$185,000

Frequently asked questions

21.3% of applications in Wayne County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 709 applications in 2025 and a denial rate of 34.1%.

The median mortgage application in Wayne County in 2025 was for $185,000; the median property value on originated loans was $265,000.