Yancey County, North Carolina · 2025

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

139 lenders acted on 680 mortgage applications for properties in Yancey County in 2025. 21.5% were denied (North Carolina: 18.1%). Median rate on closed loans 6.54%; median loan $185,000; median property value $355,000.

680Applications
21.5%Denial ratestate 18.1%
6.54%Median ratestate 6.50%
$185,000Median loan
$355,000Median property value

Largest lenders in Yancey County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Employees' C 10853 33.3%6.20%
2 United Community Bank B 7144 19.7%6.50%
3 Rocket Mortgage C 4328 27.9%6.56%
4 Vanderbilt Mortgage and Finance F 312 38.7%10.50%
5 United Shore Financial Services B 2917 17.2%6.87%
6 Loandepot.Com D 177 41.2%7.13%
7 First-Citizens Bank & Trust B 168 50.0%7.06%
8 Atlantic Bay Mortgage Group A 169 6.3%6.75%
9 Movement Mortgage A 1412 0.0%6.63%
10 Coastal Community Bank C 142 0.0%10.87%
11 TD Bank D 134 23.1%7.19%
12 Bank of America F 95 11.1%6.38%
13 PNC Bank D 95 22.2%7.64%
14 Spring Eq D 92 44.4%7.84%
15 Navy Federal Credit Union D 83 0.0%6.00%
16 Truist Bank C 73 28.6%6.15%
17 AmeriSave Mortgage D 71 71.4%6.88%
18 Broker Solutions D 71 0.0%6.63%
19 Mortgage Research Center C 73 28.6%7.13%
20 USAA Federal Savings Bank C 62 0.0%5.69%
21 21st Mortgage F 63 0.0%8.99%
22 United Federal Credit Union D 65 0.0%6.00%
23 Newrez D 62 33.3%6.12%
24 Reliance First Capital C 55 0.0%6.99%
25 Crosscountry Mortgage B 52 0.0%7.25%

Best approval odds in Yancey County

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

#LenderDecidedDecision denial rate
1United Community Bank5923.7%
2State Employees'9040.0%

What Yancey County borrowers applied for

By loan purpose

Home purchase 311 46% · 12.2% denied
Refinance 88 13% · 11.4% denied
Cash-out refinance 115 17% · 30.4% denied
Home improvement 85 13% · 47.1% denied
Other / HELOC 81 12% · 28.4% denied

By loan type

Conventional 569 84% · 21.6% denied
FHA 58 9% · 24.1% denied
VA 43 6% · 18.6% denied
USDA / RHS 10 1% · 10.0% denied

Why applications were denied

Credit history 43 29%
Debt-to-income ratio 42 29%
Collateral 29 20%
Unverifiable information 14 10%
Incomplete application 13 9%
Other 4 3%
Insufficient cash 1 1%

Yancey County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202361429923.3%7.00%$195,000
202456127422.8%6.99%$185,000
202568034721.5%6.54%$185,000

Frequently asked questions

21.5% of applications in Yancey County were denied in 2025, against 18.1% statewide in North Carolina.

State Employees', with 108 applications in 2025 and a denial rate of 33.3%.

The median mortgage application in Yancey County in 2025 was for $185,000; the median property value on originated loans was $355,000.