North Carolina Mortgage Lenders & HMDA Data, 2016
In 2016, lenders reported 519,897 mortgage applications in North Carolina totaling $104.5 billion, up 14% from 2015. The average application was for $201,000, and applicants reported an average income of $81,000. 51% of applications resulted in an originated loan and 18% were denied. The most active lenders were Wells Fargo Bank NA (47,379 applications), loanDepot.com LLC and State Employees' Credit Union.
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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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 | 519,897 |
| Total Mortgage Loan Application Amount | $104,546,363,000 |
| Average Mortgage Loan Application Amount | $201,000 |
| Highest Mortgage Loan Application Amount | $99,999,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $9,999,000 |
Top 25 Mortgage Lenders in North Carolina (2016)
Ranked by the number of mortgage applications each lender received for properties in North Carolina in 2016, 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 | Wells Fargo Bank NA Minneapolis, MN |
47,379 | $10,345,156,000 | $218,348 | $89,398 |
| 2 | loanDepot.com LLC Irvine, CA |
29,959 | $5,293,094,000 | $176,677 | $75,210 |
| 3 | State Employees' Credit Union Raleigh, NC |
27,722 | $4,246,515,000 | $153,182 | $76,190 |
| 4 | Truist Bank Raleigh, NC |
22,143 | $4,401,805,000 | $198,789 | $91,357 |
| 5 | Movement Mortgage, LLC Indian Land, SC |
15,367 | $2,965,126,000 | $192,954 | $86,935 |
| 6 | Freedom Mortgage Corporation Fishers, IN |
14,850 | $2,613,925,000 | $176,021 | $21,838 |
| 7 | Vanderbilt Mortgage and Finance, Inc Maryville, TN |
12,639 | $1,021,455,000 | $80,817 | $40,170 |
| 8 | Bank of America NA Westlake Village, CA |
11,822 | $2,766,527,000 | $234,015 | $98,135 |
| 9 | Suntrust Mortgage, Inc. Richmond, VA |
10,741 | $2,628,537,000 | $244,719 | $124,794 |
| 10 | Nationstar Mortgage Coppell, TX |
9,427 | $1,500,765,000 | $159,198 | $40,557 |
| 11 | JPMorgan Chase Bank, NA Columbus, OH |
9,114 | $2,093,990,000 | $229,755 | $103,548 |
| 12 | PennyMac Loan Services LLC Westlake Village, CA |
6,511 | $1,237,615,000 | $190,080 | $3,718 |
| 13 | USAA Federal Savings Bank San Antonio, TX |
6,398 | $1,299,282,000 | $203,076 | $79,627 |
| 14 | Fairway Independent Mort Corp Madison, WI |
6,301 | $1,217,719,000 | $193,258 | $80,243 |
| 15 | Navy Federal Credit Union Vienna, VA |
5,856 | $904,087,000 | $154,386 | $87,057 |
| 16 | Suntrust Bank Atlanta, GA |
5,618 | $591,179,000 | $105,229 | $116,366 |
| 17 | Reliance First Capital, LLC Melville, NY |
5,518 | $1,107,163,000 | $200,645 | $90,197 |
| 18 | PNC Bank N.A. Pittsburgh, PA |
5,449 | $917,314,000 | $168,345 | $95,251 |
| 19 | Ditech Financial LLC Fort Washington, PA |
5,425 | $820,764,000 | $151,292 | $72,941 |
| 20 | First Ciitizens Bank and Trust Raleigh, NC |
5,189 | $1,114,088,000 | $214,701 | $126,912 |
| 21 | US Bank, N.A. Cincinnati, OH |
4,567 | $1,063,875,000 | $232,948 | $55,320 |
| 22 | North State Bank Raleigh, NC |
4,174 | $947,225,000 | $226,934 | $116,454 |
| 23 | Newrez LLC Fort Washington, PA |
3,983 | $745,873,000 | $187,264 | $63,276 |
| 24 | Civic FCU Raleigh, NC |
3,474 | $464,554,000 | $133,723 | $66,734 |
| 25 | New Day Financial, Llc. West Palm Beach, FL |
3,465 | $703,108,000 | $202,917 | $69,702 |
The tables below break down 2016 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.
Mortgage Loan Application Detail Totals for North Carolina in 2016
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 | 255,333 | $54,305,106,000 | $212,000 | $99,999,000 | $83,000 | $9,999,000 |
| Refinancing | 238,471 | $47,616,113,000 | $199,000 | $99,999,000 | $78,000 | $9,999,000 |
| Home Improvement | 26,093 | $2,625,144,000 | $100,000 | $60,600,000 | $80,000 | $9,999,000 |
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 | 319,237 | $63,288,518,000 | $198,000 | $99,999,000 | $93,000 | $9,999,000 |
| Black or African American | 62,793 | $9,238,350,000 | $147,000 | $10,001,000 | $57,000 | $6,166,000 |
| Not Provided | 48,071 | $9,840,953,000 | $204,000 | $98,188,000 | $91,000 | $9,999,000 |
| Not applicable | 47,558 | $14,310,533,000 | $300,000 | $99,999,000 | $21,000 | $6,549,000 |
| Hispanic | 21,475 | $3,375,326,000 | $157,000 | $99,999,000 | $62,000 | $6,005,000 |
| Asian | 15,837 | $3,746,993,000 | $236,000 | $1,792,000 | $109,000 | $2,521,000 |
| American Indian or Alaskan Native | 3,980 | $571,384,000 | $143,000 | $10,001,000 | $63,000 | $2,392,000 |
| Native Hawaiin or Other Pacific Islander | 946 | $174,306,000 | $184,000 | $1,037,000 | $80,000 | $1,692,000 |
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) | 350,246 | $73,876,733,000 | $210,000 | $99,999,000 | $99,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) | 81,617 | $13,336,086,000 | $163,000 | $98,188,000 | $40,000 | $7,500,000 |
| VA-guaranteed (Veterans Administration) | 74,878 | $15,258,739,000 | $203,000 | $10,001,000 | $47,000 | $6,299,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 13,156 | $2,074,805,000 | $157,000 | $99,999,000 | $36,000 | $392,000 |
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 | 262,765 | $56,463,585,000 | $214,000 | $99,000,000 | $92,000 | $9,999,000 |
| Application Denied By Financial Institution | 91,135 | $15,125,927,000 | $165,000 | $99,999,000 | $70,000 | $9,999,000 |
| Loan Purchased By The Institution | 65,947 | $13,343,065,000 | $202,000 | $76,100,000 | $46,000 | $6,549,000 |
| Application Withdrawn By Applicant | 56,830 | $12,012,344,000 | $211,000 | $99,999,000 | $89,000 | $8,000,000 |
| File Closed For Incompleteness | 27,206 | $4,280,600,000 | $157,000 | $10,000,000 | $69,000 | $9,999,000 |
| Application Approved But Not Accepted | 16,004 | $3,318,579,000 | $207,000 | $85,900,000 | $87,000 | $3,572,000 |
| Preapproval Approved but not Accepted | 8 | $1,779,000 | $222,000 | $395,000 | $80,000 | $172,000 |
| Preapproval Denied by Financial Institution | 2 | $484,000 | $242,000 | $350,000 | $91,000 | $152,000 |
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 |
|---|---|---|---|---|---|---|
| Credit History | 14,592 | $2,255,110,000 | $154,000 | $98,188,000 | $67,000 | $9,999,000 |
| Debt-To-Income Ratio | 11,216 | $1,834,037,000 | $163,000 | $10,001,000 | $55,000 | $1,760,000 |
| Collateral | 8,918 | $1,624,450,000 | $182,000 | $10,001,000 | $94,000 | $4,769,000 |
| Credit Application Incomplete | 5,781 | $1,064,815,000 | $184,000 | $3,767,000 | $89,000 | $9,999,000 |
| Other | 4,403 | $995,558,000 | $226,000 | $99,999,000 | $79,000 | $6,005,000 |
| Unverifiable Information | 1,786 | $299,985,000 | $167,000 | $1,440,000 | $81,000 | $2,149,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1,341 | $260,306,000 | $194,000 | $19,000,000 | $80,000 | $1,981,000 |
| Employment History | 684 | $120,358,000 | $175,000 | $2,292,000 | $61,000 | $1,317,000 |
| Mortgage Insurance Denied | 9 | $1,535,000 | $170,000 | $399,000 | $59,000 | $149,000 |
Mortgage Loan Application Totals in 2016 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 | 25,390 | $ 5,236,737,000 | $ 206,000 | $ 83,000 |
| Burlington, NC | 7,641 | $ 1,198,734,000 | $ 156,000 | $ 61,000 |
| Charlotte-Concord-Gastonia, NC-SC | 127,836 | $ 29,117,073,000 | $ 227,000 | $ 89,000 |
| Durham-Chapel Hill, NC | 28,389 | $ 6,559,411,000 | $ 231,000 | $ 96,000 |
| Fayetteville, NC | 19,934 | $ 3,194,281,000 | $ 160,000 | $ 49,000 |
| Goldsboro, NC | 3,824 | $ 507,190,000 | $ 132,000 | $ 52,000 |
| Greensboro-High Point, NC | 31,042 | $ 5,531,829,000 | $ 178,000 | $ 69,000 |
| Greenville, NC | 6,432 | $ 1,099,646,000 | $ 170,000 | $ 74,000 |
| Hickory-Lenoir-Morganton, NC | 13,789 | $ 2,027,084,000 | $ 147,000 | $ 64,000 |
| Jacksonville, NC | 11,839 | $ 1,927,038,000 | $ 162,000 | $ 53,000 |
| New Bern, NC | 5,737 | $ 977,107,000 | $ 170,000 | $ 65,000 |
| Raleigh, NC | 85,590 | $ 20,157,344,000 | $ 235,000 | $ 92,000 |
| Rocky Mount, NC | 4,787 | $ 572,191,000 | $ 119,000 | $ 57,000 |
| Wilmington, NC | 19,054 | $ 4,384,659,000 | $ 230,000 | $ 97,000 |
| Winston-Salem, NC | 28,007 | $ 4,632,055,000 | $ 165,000 | $ 67,000 |
Mortgage Loan Application Totals in 2016 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 | 7,645 | $ 1,198,876,000 | $ 156,000 | $ 61,000 |
| Alexander | 1,177 | $ 174,315,000 | $ 148,000 | $ 62,000 |
| Alleghany | 442 | $ 64,261,000 | $ 145,000 | $ 90,000 |
| Anson | 575 | $ 56,278,000 | $ 97,000 | $ 51,000 |
| Ashe | 1,157 | $ 197,748,000 | $ 170,000 | $ 87,000 |
| Avery | 928 | $ 198,423,000 | $ 213,000 | $ 141,000 |
| Beaufort | 1,601 | $ 220,563,000 | $ 137,000 | $ 67,000 |
| Bertie | 460 | $ 43,980,000 | $ 95,000 | $ 52,000 |
| Bladen | 1,000 | $ 109,064,000 | $ 109,000 | $ 57,000 |
| Brunswick | 10,639 | $ 2,120,738,000 | $ 199,000 | $ 97,000 |
| Buncombe | 14,646 | $ 3,286,254,000 | $ 224,000 | $ 90,000 |
| Burke | 2,918 | $ 385,791,000 | $ 132,000 | $ 63,000 |
| Cabarrus | 13,329 | $ 2,631,929,000 | $ 197,000 | $ 76,000 |
| Caldwell | 2,934 | $ 375,713,000 | $ 128,000 | $ 56,000 |
| Camden | 656 | $ 133,690,000 | $ 203,000 | $ 58,000 |
| Carteret | 4,761 | $ 1,043,763,000 | $ 219,000 | $ 105,000 |
| Caswell | 666 | $ 85,426,000 | $ 128,000 | $ 64,000 |
| Catawba | 6,772 | $ 1,092,231,000 | $ 161,000 | $ 68,000 |
| Chatham | 3,989 | $ 1,054,819,000 | $ 264,000 | $ 107,000 |
| Cherokee | 1,528 | $ 217,313,000 | $ 142,000 | $ 66,000 |
| Chowan | 525 | $ 83,396,000 | $ 158,000 | $ 74,000 |
| Clay | 596 | $ 107,484,000 | $ 180,000 | $ 88,000 |
| Cleveland | 3,743 | $ 478,001,000 | $ 127,000 | $ 55,000 |
| Columbus | 1,603 | $ 163,184,000 | $ 101,000 | $ 53,000 |
| Craven | 4,899 | $ 851,163,000 | $ 173,000 | $ 64,000 |
| Cumberland | 16,483 | $ 2,653,019,000 | $ 160,000 | $ 51,000 |
| Currituck | 2,796 | $ 794,018,000 | $ 283,000 | $ 121,000 |
| Dare | 4,003 | $ 1,087,854,000 | $ 271,000 | $ 140,000 |
| Davidson | 6,840 | $ 1,047,582,000 | $ 153,000 | $ 60,000 |
| Davie | 2,046 | $ 355,299,000 | $ 173,000 | $ 71,000 |
| Duplin | 1,330 | $ 155,023,000 | $ 116,000 | $ 56,000 |
| Durham | 16,476 | $ 3,462,972,000 | $ 210,000 | $ 85,000 |
| Edgecombe | 1,177 | $ 102,925,000 | $ 87,000 | $ 50,000 |
| Forsyth | 16,225 | $ 2,828,448,000 | $ 174,000 | $ 72,000 |
| Franklin | 3,703 | $ 595,451,000 | $ 160,000 | $ 62,000 |
| Gaston | 11,230 | $ 1,766,716,000 | $ 157,000 | $ 61,000 |
| Gates | 487 | $ 64,647,000 | $ 132,000 | $ 50,000 |
| Graham | 325 | $ 44,159,000 | $ 135,000 | $ 72,000 |
| Granville | 2,807 | $ 459,691,000 | $ 163,000 | $ 64,000 |
| Greene | 455 | $ 41,737,000 | $ 91,000 | $ 52,000 |
| Guilford | 22,665 | $ 4,338,861,000 | $ 191,000 | $ 74,000 |
| Halifax | 1,423 | $ 158,509,000 | $ 111,000 | $ 63,000 |
| Harnett | 7,146 | $ 1,187,137,000 | $ 166,000 | $ 50,000 |
| Haywood | 3,219 | $ 514,689,000 | $ 159,000 | $ 72,000 |
| Henderson | 6,645 | $ 1,278,388,000 | $ 192,000 | $ 71,000 |
| Hertford | 549 | $ 57,401,000 | $ 104,000 | $ 54,000 |
| Hoke | 3,514 | $ 547,339,000 | $ 155,000 | $ 41,000 |
| Hyde | 171 | $ 29,559,000 | $ 172,000 | $ 82,000 |
| Iredell | 10,583 | $ 2,457,387,000 | $ 232,000 | $ 90,000 |
| Jackson | 1,798 | $ 417,530,000 | $ 232,000 | $ 135,000 |
| Johnston | 11,842 | $ 2,028,207,000 | $ 171,000 | $ 63,000 |
| Jones | 349 | $ 41,199,000 | $ 118,000 | $ 59,000 |
| Lee | 2,355 | $ 363,065,000 | $ 154,000 | $ 60,000 |
| Lenoir | 1,322 | $ 133,709,000 | $ 101,000 | $ 56,000 |
| Lincoln | 4,768 | $ 1,107,168,000 | $ 232,000 | $ 84,000 |
| Macon | 1,927 | $ 360,969,000 | $ 187,000 | $ 104,000 |
| Madison | 908 | $ 159,545,000 | $ 175,000 | $ 77,000 |
| Martin | 589 | $ 56,487,000 | $ 95,000 | $ 51,000 |
| McDowell | 1,701 | $ 245,279,000 | $ 144,000 | $ 65,000 |
| Mecklenburg | 66,005 | $ 16,385,718,000 | $ 248,000 | $ 97,000 |
| Mitchell | 542 | $ 74,863,000 | $ 138,000 | $ 66,000 |
| Montgomery | 855 | $ 134,399,000 | $ 157,000 | $ 89,000 |
| Moore | 5,814 | $ 1,283,809,000 | $ 220,000 | $ 81,000 |
| Nash | 3,627 | $ 470,383,000 | $ 129,000 | $ 60,000 |
| New Hanover | 14,650 | $ 3,481,037,000 | $ 237,000 | $ 102,000 |
| Northampton | 617 | $ 80,633,000 | $ 130,000 | $ 76,000 |
| Onslow | 11,852 | $ 1,928,714,000 | $ 162,000 | $ 53,000 |
| Orange | 6,339 | $ 1,822,296,000 | $ 287,000 | $ 127,000 |
| Pamlico | 495 | $ 84,997,000 | $ 171,000 | $ 77,000 |
| Pasquotank | 1,895 | $ 295,339,000 | $ 155,000 | $ 56,000 |
| Pender | 4,437 | $ 910,206,000 | $ 205,000 | $ 81,000 |
| Perquimans | 708 | $ 125,483,000 | $ 177,000 | $ 62,000 |
| Person | 1,603 | $ 222,685,000 | $ 138,000 | $ 62,000 |
| Pitt | 6,449 | $ 1,100,451,000 | $ 170,000 | $ 74,000 |
| Polk | 971 | $ 184,550,000 | $ 190,000 | $ 79,000 |
| Randolph | 5,337 | $ 808,704,000 | $ 151,000 | $ 56,000 |
| Richmond | 1,238 | $ 118,737,000 | $ 95,000 | $ 49,000 |
| Robeson | 2,984 | $ 315,247,000 | $ 105,000 | $ 49,000 |
| Rockingham | 3,071 | $ 388,049,000 | $ 126,000 | $ 56,000 |
| Rowan | 5,937 | $ 837,941,000 | $ 141,000 | $ 59,000 |
| Rutherford | 2,425 | $ 345,577,000 | $ 142,000 | $ 73,000 |
| Sampson | 1,694 | $ 188,295,000 | $ 111,000 | $ 53,000 |
| Scotland | 918 | $ 89,346,000 | $ 97,000 | $ 58,000 |
| Stanly | 2,568 | $ 345,299,000 | $ 134,000 | $ 62,000 |
| Stokes | 1,707 | $ 227,910,000 | $ 133,000 | $ 52,000 |
| Surry | 2,340 | $ 305,169,000 | $ 130,000 | $ 57,000 |
| Swain | 518 | $ 82,365,000 | $ 159,000 | $ 79,000 |
| Transylvania | 1,681 | $ 318,786,000 | $ 189,000 | $ 88,000 |
| Tyrrell | 104 | $ 10,566,000 | $ 101,000 | $ 58,000 |
| Union | 16,061 | $ 3,941,366,000 | $ 245,000 | $ 96,000 |
| Vance | 1,073 | $ 132,002,000 | $ 123,000 | $ 57,000 |
| Wake | 70,103 | $ 17,542,015,000 | $ 250,000 | $ 98,000 |
| Warren | 728 | $ 133,315,000 | $ 183,000 | $ 106,000 |
| Washington | 310 | $ 29,398,000 | $ 94,000 | $ 53,000 |
| Watauga | 2,270 | $ 590,540,000 | $ 260,000 | $ 125,000 |
| Wayne | 3,846 | $ 508,691,000 | $ 132,000 | $ 52,000 |
| Wilkes | 1,999 | $ 256,828,000 | $ 128,000 | $ 63,000 |
| Wilson | 2,549 | $ 343,423,000 | $ 134,000 | $ 59,000 |
| Yadkin | 1,217 | $ 175,383,000 | $ 144,000 | $ 55,000 |
| Yancey | 705 | $ 107,156,000 | $ 151,000 | $ 69,000 |
Our comprehensive HMDA mortgage statistics offer invaluable insights into North Carolina's 2016 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.
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