North Carolina Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 547,254 mortgage applications in North Carolina totaling $158.1 billion, up 11% from 2024. The average application was for $288,000, and applicants reported an average income of $140,000. 51% of applications resulted in an originated loan and 16% were denied. The most active lenders were State Employees' Credit Union (48,312 applications), PennyMac Loan Services LLC and United Wholesale Mortgage.

See the top mortgage lenders in North Carolina, browse lending by metro area and by county, or see the mortgage lenders headquartered in North Carolina and North Carolina lenders by city.

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Download the North Carolina mortgage lender list: a formatted spreadsheet with aggregated HMDA statistics for all North Carolina based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into North Carolina's mortgage market trends.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 547,254
Total Mortgage Loan Application Amount $158,081,785,000
Average Mortgage Loan Application Amount $288,000
Highest Mortgage Loan Application Amount $96,005,000
Average Applicant Income $140,000
Highest Applicant Income $9,992,000

Top 25 Mortgage Lenders in North Carolina (2025)

Ranked by the number of mortgage applications each lender received for properties in North Carolina in 2025, wherever the lender is based. For lenders headquartered in the state, see the full list of North Carolina mortgage companies. For the lenders that made the most loans here in 2025, with the top FHA, VA, purchase and refinance lenders, see top mortgage lenders in North Carolina.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 State Employees' Credit Union
Raleigh, NC
48,312 $8,389,910,000 $173,660 $118,022
2 PennyMac Loan Services LLC
Westlake Village, CA
22,468 $8,151,430,000 $362,801 $151,720
3 United Wholesale Mortgage
Plymouth, MI
18,947 $6,596,865,000 $348,174 $130,430
4 Truist Bank
Raleigh, NC
16,613 $4,158,745,000 $250,330 $156,415
5 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
15,073 $2,385,935,000 $158,291 $76,263
6 Newrez LLC
Fort Washington, PA
12,638 $3,959,760,000 $313,321 $132,987
7 Freedom Mortgage Corporation
Boca Raton, FL
11,880 $3,867,980,000 $325,587 $110,293
8 Bank of America NA
Westlake Village, CA
11,235 $2,952,395,000 $262,785 $168,303
9 Movement Mortgage, LLC
Indian Land, SC
11,091 $3,549,005,000 $319,989 $133,936
10 First Ciitizens Bank and Trust
Raleigh, NC
10,800 $3,012,300,000 $278,916 $209,225
11 Navy Federal Credit Union
Vienna, VA
10,598 $2,231,530,000 $210,561 $129,536
12 JPMorgan Chase Bank, NA
Columbus, OH
10,112 $2,680,715,000 $265,102 $170,245
13 Mortgage Research Center
Columbia, MO
10,030 $3,145,990,000 $313,658 $106,723
14 Truliant Federal Credit Union
Winston Salem, NC
7,961 $902,005,000 $113,302 $103,521
15 Atlantic Bay Mortgage Group
Virginia Beach, VA
7,679 $2,300,755,000 $299,616 $130,788
16 DHI Mortgage Company, Ltd.
Austin, TX
7,556 $2,335,500,000 $309,092 $118,855
17 First National Bank of Pa
Hermitage, PA
7,458 $2,254,410,000 $302,280 $183,622
18 Amerihome Mortgage Company, LLC
Thousand Oaks, CA
6,883 $2,256,255,000 $327,801 $134,979
19 loanDepot.com LLC
Irvine, CA
6,876 $1,629,990,000 $237,054 $103,543
20 Crosscountry Mortgage, LLC
Cleveland, OH
6,793 $2,136,085,000 $314,453 $133,585
21 Nationstar Mortgage
Coppell, TX
5,540 $1,540,470,000 $278,063 $115,759
22 Guaranteed Rate, Inc.
Chicago, IL
5,492 $1,840,480,000 $335,120 $154,782
23 21st Mortgage
Knoxville, TN
5,260 $687,690,000 $130,739 $69,886
24 Coastal Federal Credit Union
Raleigh, NC
5,187 $933,275,000 $179,925 $155,536
25 PNC Bank N.A.
Pittsburgh, PA
4,881 $1,201,505,000 $246,159 $147,629

The tables below break down 2025 mortgage applications in North Carolina by loan purpose, applicant race, loan type, outcome and denial reason, followed by totals for every metro area and county. Click a column heading to sort.

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Mortgage Loan Application Detail Totals for North Carolina in 2025

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 267,870 $93,532,170,000 $349,000 $78,245,000 $147,000 $9,992,000
Cash-out Refinancing 88,057 $21,349,095,000 $242,000 $62,515,000 $110,000 $9,621,000
Refinancing 85,884 $30,095,855,000 $350,000 $96,005,000 $158,000 $9,043,000
Other Purpose 54,448 $6,870,970,000 $126,000 $64,755,000 $137,000 $9,614,000
Home Improvement 49,971 $6,053,435,000 $121,000 $67,005,000 $141,000 $9,194,000
Not Applicable 1,024 $180,260,000 $176,000 $22,305,000 $63,000 $278,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 276,982 $74,842,970,000 $270,000 $10,005,000 $148,000 $9,992,000
Not applicable 68,688 $31,217,955,000 $454,000 $96,005,000 $148,000 $8,120,000
Black or African American 66,663 $14,155,595,000 $212,000 $48,965,000 $99,000 $9,437,000
Not Provided 65,377 $17,986,055,000 $275,000 $8,005,000 $144,000 $9,620,000
Hispanic 38,539 $9,341,115,000 $242,000 $4,795,000 $114,000 $9,715,000
Asian 25,577 $9,425,815,000 $368,000 $4,005,000 $184,000 $5,190,000
American Indian or Alaskan Native 4,809 $964,175,000 $200,000 $2,645,000 $105,000 $5,327,000
Native Hawaiian or Other Pacific Islander 582 $141,150,000 $242,000 $1,405,000 $135,000 $5,850,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 396,396 $111,263,065,000 $280,000 $96,005,000 $152,000 $9,992,000
FHA-insured (Federal Housing Administration) 77,204 $21,389,970,000 $277,000 $67,005,000 $88,000 $9,653,000
VA-guaranteed (Veterans Administration) 70,900 $24,736,550,000 $348,000 $48,965,000 $114,000 $9,715,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2,754 $692,200,000 $251,000 $2,875,000 $86,000 $7,720,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 279,764 $87,946,700,000 $314,000 $90,505,000 $152,000 $9,992,000
Application Denied By Financial Institution 86,932 $16,786,530,000 $193,000 $96,005,000 $104,000 $8,260,000
Application Withdrawn By Applicant 67,396 $20,665,325,000 $306,000 $67,005,000 $143,000 $9,614,000
Loan Purchased By The Institution 62,726 $20,959,730,000 $334,000 $3,625,000 $150,000 $8,120,000
File Closed For Incompleteness 33,648 $7,541,110,000 $224,000 $10,005,000 $122,000 $6,155,000
Application Approved But Not Accepted 15,890 $3,861,160,000 $242,000 $19,645,000 $142,000 $9,715,000
Preapproval Approved but not Accepted 615 $236,745,000 $384,000 $3,935,000 $153,000 $1,201,000
Preapproval Denied by Financial Institution 283 $84,485,000 $298,000 $2,005,000 $96,000 $733,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 458,510 $140,411,255,000 $306,000 $90,505,000 $148,000 $9,992,000
Debt-To-Income Ratio 30,938 $6,562,030,000 $212,000 $57,095,000 $81,000 $7,440,000
Credit History 24,550 $3,606,980,000 $146,000 $9,995,000 $111,000 $7,680,000
Collateral 10,269 $2,265,475,000 $220,000 $96,005,000 $131,000 $5,244,000
Credit Application Incomplete 9,461 $1,875,655,000 $198,000 $3,005,000 $130,000 $8,260,000
Other 6,067 $1,686,625,000 $278,000 $60,005,000 $139,000 $6,120,000
Unverifiable Information 5,222 $1,057,660,000 $202,000 $5,005,000 $105,000 $4,753,000
Insufficient Cash (Downpayment, Closing Cost) 1,544 $440,320,000 $285,000 $3,505,000 $114,000 $3,246,000
Employment History 690 $175,130,000 $253,000 $2,005,000 $93,000 $2,016,000
Mortgage Insurance Denied 3 $655,000 $218,000 $295,000 $64,000 $64,000
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Mortgage Loan Application Totals in 2025 by North Carolina Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Asheville, NC 17,629 $ 5,732,770,000 $ 325,000 $ 149,000
Burlington, NC 9,160 $ 2,099,420,000 $ 229,000 $ 107,000
Charlotte-Concord-Gastonia, NC-SC 125,543 $ 42,174,190,000 $ 335,000 $ 160,000
Durham-Chapel Hill, NC 25,627 $ 8,773,660,000 $ 342,000 $ 164,000
Fayetteville, NC 22,916 $ 5,558,470,000 $ 242,000 $ 109,000
Goldsboro, NC 5,568 $ 1,146,200,000 $ 205,000 $ 95,000
Greensboro-High Point, NC 33,678 $ 7,438,640,000 $ 220,000 $ 112,000
Greenville, NC 7,681 $ 1,678,665,000 $ 218,000 $ 115,000
Hickory-Lenoir-Morganton, NC 17,720 $ 3,990,060,000 $ 225,000 $ 113,000
Jacksonville, NC 14,134 $ 3,703,040,000 $ 261,000 $ 112,000
Pinehurst-Southern Pines, NC 6,754 $ 2,318,450,000 $ 343,000 $ 158,000
Raleigh, NC 80,138 $ 27,906,450,000 $ 348,000 $ 164,000
Rocky Mount, NC 6,759 $ 1,305,965,000 $ 193,000 $ 90,000
Wilmington, NC 33,188 $ 11,026,420,000 $ 332,000 $ 169,000
Winston-Salem, NC 33,477 $ 7,167,775,000 $ 214,000 $ 109,000
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Mortgage Loan Application Totals in 2025 by North Carolina County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Alamance 9,160 $ 2,099,420,000 $ 229,000 $ 107,000
Alexander 1,357 $ 286,405,000 $ 211,000 $ 102,000
Alleghany 500 $ 107,570,000 $ 215,000 $ 127,000
Anson 730 $ 131,140,000 $ 179,000 $ 87,000
Ashe 1,162 $ 272,160,000 $ 234,000 $ 125,000
Avery 999 $ 378,625,000 $ 379,000 $ 256,000
Beaufort 1,819 $ 362,495,000 $ 199,000 $ 117,000
Bertie 438 $ 66,260,000 $ 151,000 $ 83,000
Bladen 1,065 $ 190,435,000 $ 178,000 $ 91,000
Brunswick 15,699 $ 4,915,395,000 $ 313,000 $ 156,000
Buncombe 10,827 $ 3,730,140,000 $ 344,000 $ 158,000
Burke 3,682 $ 743,990,000 $ 202,000 $ 102,000
Cabarrus 13,557 $ 4,032,015,000 $ 297,000 $ 143,000
Caldwell 3,604 $ 718,980,000 $ 199,000 $ 104,000
Camden 840 $ 254,190,000 $ 302,000 $ 123,000
Carteret 4,537 $ 1,499,415,000 $ 330,000 $ 189,000
Caswell 833 $ 156,665,000 $ 188,000 $ 97,000
Catawba 9,077 $ 2,240,685,000 $ 246,000 $ 122,000
Chatham 3,977 $ 1,505,385,000 $ 378,000 $ 185,000
Cherokee 1,668 $ 345,550,000 $ 207,000 $ 107,000
Chowan 669 $ 148,705,000 $ 222,000 $ 114,000
Clay 584 $ 139,230,000 $ 238,000 $ 113,000
Cleveland 5,011 $ 949,395,000 $ 189,000 $ 95,000
Columbus 2,075 $ 346,295,000 $ 166,000 $ 87,000
Craven 5,914 $ 1,428,700,000 $ 241,000 $ 114,000
Cumberland 18,372 $ 4,338,840,000 $ 236,000 $ 107,000
Currituck 3,000 $ 1,239,190,000 $ 413,000 $ 191,000
Dare 3,365 $ 1,381,785,000 $ 410,000 $ 219,000
Davidson 9,214 $ 1,893,290,000 $ 205,000 $ 98,000
Davie 2,417 $ 534,215,000 $ 221,000 $ 119,000
Duplin 1,647 $ 292,965,000 $ 177,000 $ 100,000
Durham 14,614 $ 4,790,970,000 $ 327,000 $ 157,000
Edgecombe 1,661 $ 229,435,000 $ 138,000 $ 74,000
Forsyth 18,078 $ 4,028,890,000 $ 222,000 $ 116,000
Franklin 4,902 $ 1,323,900,000 $ 270,000 $ 130,000
Gaston 13,970 $ 3,612,730,000 $ 258,000 $ 117,000
Gates 424 $ 86,390,000 $ 203,000 $ 93,000
Graham 308 $ 64,540,000 $ 209,000 $ 137,000
Granville 2,916 $ 709,130,000 $ 243,000 $ 114,000
Greene 471 $ 72,875,000 $ 154,000 $ 87,000
Guilford 22,764 $ 5,416,670,000 $ 237,000 $ 121,000
Halifax 1,410 $ 219,790,000 $ 155,000 $ 100,000
Harnett 10,928 $ 2,935,520,000 $ 268,000 $ 115,000
Haywood 3,283 $ 887,045,000 $ 270,000 $ 126,000
Henderson 5,902 $ 1,767,430,000 $ 299,000 $ 132,000
Hertford 512 $ 75,460,000 $ 147,000 $ 102,000
Hoke 4,544 $ 1,219,630,000 $ 268,000 $ 117,000
Hyde 166 $ 34,120,000 $ 205,000 $ 141,000
Iredell 12,041 $ 3,735,655,000 $ 310,000 $ 150,000
Jackson 1,680 $ 693,660,000 $ 412,000 $ 255,000
Johnston 15,379 $ 4,191,875,000 $ 272,000 $ 120,000
Jones 440 $ 86,340,000 $ 196,000 $ 89,000
Lee 3,472 $ 905,730,000 $ 260,000 $ 119,000
Lenoir 2,072 $ 340,520,000 $ 164,000 $ 87,000
Lincoln 5,554 $ 1,589,110,000 $ 286,000 $ 149,000
Macon 1,880 $ 532,860,000 $ 283,000 $ 156,000
Madison 900 $ 235,200,000 $ 261,000 $ 150,000
Martin 737 $ 99,995,000 $ 135,000 $ 79,000
McDowell 1,873 $ 441,035,000 $ 235,000 $ 109,000
Mecklenburg 56,200 $ 21,888,175,000 $ 389,000 $ 183,000
Mitchell 585 $ 122,465,000 $ 209,000 $ 113,000
Montgomery 1,100 $ 265,180,000 $ 241,000 $ 130,000
Moore 6,754 $ 2,318,450,000 $ 343,000 $ 158,000
Nash 5,098 $ 1,076,530,000 $ 211,000 $ 95,000
New Hanover 12,349 $ 4,468,265,000 $ 361,000 $ 190,000
Northampton 581 $ 106,365,000 $ 183,000 $ 111,000
Onslow 14,134 $ 3,703,040,000 $ 261,000 $ 112,000
Orange 5,142 $ 2,083,605,000 $ 405,000 $ 188,000
Pamlico 684 $ 184,820,000 $ 270,000 $ 129,000
Pasquotank 2,652 $ 626,150,000 $ 236,000 $ 108,000
Pender 5,140 $ 1,642,760,000 $ 319,000 $ 156,000
Perquimans 828 $ 188,520,000 $ 227,000 $ 111,000
Person 1,894 $ 393,700,000 $ 207,000 $ 105,000
Pitt 7,681 $ 1,678,665,000 $ 218,000 $ 115,000
Polk 1,020 $ 282,040,000 $ 276,000 $ 141,000
Randolph 6,220 $ 1,162,950,000 $ 186,000 $ 99,000
Richmond 1,434 $ 218,350,000 $ 152,000 $ 88,000
Robeson 3,857 $ 629,165,000 $ 163,000 $ 80,000
Rockingham 4,694 $ 859,020,000 $ 183,000 $ 88,000
Rowan 7,826 $ 1,718,780,000 $ 219,000 $ 109,000
Rutherford 2,921 $ 582,215,000 $ 199,000 $ 101,000
Sampson 2,172 $ 396,330,000 $ 182,000 $ 90,000
Scotland 1,222 $ 194,690,000 $ 159,000 $ 82,000
Stanly 3,602 $ 795,480,000 $ 220,000 $ 108,000
Stokes 2,334 $ 456,450,000 $ 195,000 $ 92,000
Surry 2,737 $ 488,925,000 $ 178,000 $ 94,000
Swain 583 $ 154,465,000 $ 264,000 $ 147,000
Transylvania 1,409 $ 464,015,000 $ 329,000 $ 189,000
Tyrrell 109 $ 15,845,000 $ 145,000 $ 255,000
Union 15,665 $ 5,466,585,000 $ 348,000 $ 170,000
Vance 1,386 $ 251,280,000 $ 181,000 $ 99,000
Wake 59,857 $ 22,390,675,000 $ 374,000 $ 177,000
Warren 881 $ 232,135,000 $ 263,000 $ 154,000
Washington 334 $ 46,180,000 $ 138,000 $ 73,000
Watauga 2,094 $ 840,290,000 $ 401,000 $ 235,000
Wayne 5,568 $ 1,146,200,000 $ 205,000 $ 95,000
Wilkes 2,296 $ 414,570,000 $ 180,000 $ 96,000
Wilson 3,366 $ 654,490,000 $ 194,000 $ 99,000
Yadkin 1,434 $ 254,930,000 $ 177,000 $ 92,000
Yancey 731 $ 163,005,000 $ 222,000 $ 126,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into North Carolina's 2025 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of North Carolina's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the North Carolina Lender List