North Carolina
Mortgage Loan Application
Totals and Details
in 2019

Find mortgage statistics and mortgage data for North Carolina.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2019 in all of North Carolina.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 587,507
Total Mortgage Loan Application Amount $125,846,935,000
Average Mortgage Loan Application Amount $214,000
Highest Mortgage Loan Application Amount $99,915,000
Average Applicant Income $105,000
Highest Applicant Income $9,675,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in North Carolina, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for North Carolina in 2019

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 285,565 $69,054,215,000 $241,000 $74,005,000 $104,000 $9,675,000
Refinancing 131,595 $31,007,075,000 $235,000 $99,915,000 $113,000 $9,524,000
Cash-out Refinancing 81,379 $17,543,095,000 $215,000 $60,995,000 $92,000 $6,116,000
Other Purpose 43,324 $4,059,600,000 $93,000 $33,755,000 $116,000 $7,080,000
Home Improvement 37,900 $3,073,480,000 $81,000 $37,175,000 $108,000 $9,304,000
Not Applicable 7,744 $1,109,470,000 $143,000 $10,235,000 $121,000 $2,295,000

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 352,197 $72,015,995,000 $204,000 $7,505,000 $110,000 $9,675,000
Not Provided 68,541 $14,948,025,000 $218,000 $5,005,000 $115,000 $9,524,000
Black or African American 66,447 $10,833,750,000 $163,000 $18,245,000 $74,000 $7,080,000
Not applicable 50,410 $17,942,710,000 $355,000 $99,915,000 $101,000 $3,840,000
Hispanic 25,215 $4,356,255,000 $172,000 $2,075,000 $78,000 $7,842,000
Asian 16,114 $4,029,690,000 $250,000 $3,755,000 $126,000 $3,551,000
American Indian or Alaskan Native 4,140 $603,095,000 $145,000 $1,705,000 $73,000 $2,931,000
Native Hawaiian or Other Pacific Islander 535 $98,255,000 $183,000 $1,005,000 $95,000 $1,176,000

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) 428,059 $92,987,675,000 $217,000 $99,915,000 $116,000 $9,675,000
VA-guaranteed (Veterans Administration) 79,903 $18,598,165,000 $232,000 $4,825,000 $75,000 $2,697,000
FHA-insured (Federal Housing Administration) 70,735 $12,822,265,000 $181,000 $46,775,000 $61,000 $1,470,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8,810 $1,438,830,000 $163,000 $2,175,000 $53,000 $306,000

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 323,541 $73,818,675,000 $228,000 $99,915,000 $111,000 $9,675,000
Application Denied By Financial Institution 83,404 $12,119,700,000 $145,000 $50,505,000 $84,000 $9,304,000
Application Withdrawn By Applicant 74,021 $17,302,125,000 $233,000 $72,955,000 $105,000 $7,800,000
Loan Purchased By The Institution 68,678 $15,448,710,000 $224,000 $29,395,000 $106,000 $4,578,000
File Closed For Incompleteness 25,389 $4,685,855,000 $184,000 $36,705,000 $94,000 $7,992,000
Application Approved But Not Accepted 12,254 $2,423,830,000 $197,000 $21,005,000 $109,000 $6,000,000
Preapproval Approved but not Accepted 130 $29,940,000 $230,000 $1,385,000 $86,000 $625,000
Preapproval Denied by Financial Institution 90 $18,100,000 $201,000 $545,000 $46,000 $162,000

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 494,325 $111,341,205,000 $225,000 $99,915,000 $109,000 $9,675,000
Debt-To-Income Ratio 32,467 $5,874,145,000 $180,000 $85,005,000 $72,000 $3,840,000
Credit History 26,120 $2,786,770,000 $106,000 $1,905,000 $80,000 $9,304,000
Collateral 12,628 $1,905,240,000 $150,000 $6,325,000 $106,000 $7,080,000
Credit Application Incomplete 7,838 $1,563,960,000 $199,000 $2,105,000 $108,000 $6,750,000
Other 7,527 $1,282,755,000 $170,000 $50,505,000 $100,000 $5,176,000
Unverifiable Information 3,647 $552,365,000 $151,000 $20,505,000 $95,000 $5,720,000
Insufficient Cash (Downpayment, Closing Cost) 2,020 $371,930,000 $184,000 $27,605,000 $107,000 $2,389,000
Employment History 917 $164,165,000 $179,000 $1,745,000 $64,000 $1,763,000
Mortgage Insurance Denied 18 $4,400,000 $244,000 $795,000 $93,000 $464,000
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Mortgage Loan Application Totals in 2019 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 28,138 $ 6,376,610,000 $ 226,000 $ 102,000
BURLINGTON, NC 8,356 $ 1,418,300,000 $ 169,000 $ 80,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 150,335 $ 36,204,030,000 $ 240,000 $ 115,000
DURHAM-CHAPEL HILL, NC 36,367 $ 8,891,860,000 $ 244,000 $ 116,000
FAYETTEVILLE, NC 27,482 $ 4,711,900,000 $ 171,000 $ 77,000
GOLDSBORO, NC 4,154 $ 643,370,000 $ 154,000 $ 74,000
GREENSBORO-HIGH POINT, NC 34,749 $ 5,908,785,000 $ 170,000 $ 90,000
GREENVILLE, NC 6,842 $ 1,204,180,000 $ 175,000 $ 96,000
HICKORY-LENOIR-MORGANTON, NC 16,407 $ 2,643,025,000 $ 161,000 $ 84,000
JACKSONVILLE, NC 12,853 $ 2,295,355,000 $ 178,000 $ 78,000
NEW BERN, NC 6,588 $ 1,072,820,000 $ 162,000 $ 83,000
RALEIGH, NC 97,749 $ 24,723,870,000 $ 252,000 $ 118,000
ROCKY MOUNT, NC 5,093 $ 667,495,000 $ 131,000 $ 76,000
WILMINGTON, NC 20,636 $ 5,153,915,000 $ 249,000 $ 124,000
WINSTON-SALEM, NC 31,626 $ 5,346,440,000 $ 169,000 $ 88,000
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Mortgage Loan Application Totals in 2019 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 8,360 $ 1,418,570,000 $ 169,000 $ 80,000
Alexander 1,352 $ 200,240,000 $ 148,000 $ 76,000
Alleghany 517 $ 79,365,000 $ 153,000 $ 99,000
Anson 635 $ 72,165,000 $ 113,000 $ 67,000
Ashe 1,264 $ 213,820,000 $ 169,000 $ 99,000
Avery 1,247 $ 296,925,000 $ 238,000 $ 184,000
Beaufort 1,741 $ 256,835,000 $ 147,000 $ 90,000
Bertie 399 $ 42,165,000 $ 105,000 $ 73,000
Bladen 903 $ 112,745,000 $ 124,000 $ 78,000
Brunswick 13,064 $ 2,796,920,000 $ 214,000 $ 118,000
Buncombe 16,011 $ 4,035,785,000 $ 252,000 $ 113,000
Burke 3,640 $ 507,980,000 $ 139,000 $ 75,000
Cabarrus 16,188 $ 3,308,270,000 $ 204,000 $ 96,000
Caldwell 3,432 $ 476,500,000 $ 138,000 $ 80,000
Camden 824 $ 183,450,000 $ 222,000 $ 86,000
Carteret 5,243 $ 1,235,565,000 $ 235,000 $ 140,000
Caswell 646 $ 83,290,000 $ 128,000 $ 74,000
Catawba 7,987 $ 1,458,835,000 $ 182,000 $ 91,000
Chatham 4,896 $ 1,294,510,000 $ 264,000 $ 133,000
Cherokee 1,834 $ 253,570,000 $ 138,000 $ 76,000
Chowan 606 $ 95,190,000 $ 157,000 $ 87,000
Clay 692 $ 122,830,000 $ 177,000 $ 101,000
Cleveland 3,943 $ 528,535,000 $ 134,000 $ 73,000
Columbus 1,590 $ 177,270,000 $ 111,000 $ 68,000
Craven 5,667 $ 931,275,000 $ 164,000 $ 81,000
Cumberland 16,386 $ 2,717,500,000 $ 165,000 $ 78,000
Currituck 3,266 $ 965,440,000 $ 295,000 $ 145,000
Dare 4,219 $ 1,247,185,000 $ 295,000 $ 164,000
Davidson 8,028 $ 1,190,370,000 $ 148,000 $ 79,000
Davie 2,295 $ 381,375,000 $ 166,000 $ 93,000
Duplin 1,327 $ 166,085,000 $ 125,000 $ 69,000
Durham 19,644 $ 4,864,065,000 $ 247,000 $ 110,000
Edgecombe 1,255 $ 115,065,000 $ 91,000 $ 68,000
Forsyth 18,122 $ 3,408,810,000 $ 188,000 $ 93,000
Franklin 4,702 $ 880,080,000 $ 187,000 $ 83,000
Gaston 13,649 $ 2,314,915,000 $ 169,000 $ 85,000
Gates 467 $ 72,405,000 $ 155,000 $ 68,000
Graham 331 $ 51,415,000 $ 155,000 $ 106,000
Granville 3,180 $ 585,250,000 $ 184,000 $ 83,000
Greene 421 $ 43,805,000 $ 104,000 $ 68,000
Guilford 25,040 $ 4,648,220,000 $ 185,000 $ 98,000
Halifax 1,233 $ 148,555,000 $ 120,000 $ 78,000
Harnett 7,800 $ 1,412,180,000 $ 181,000 $ 75,000
Haywood 3,759 $ 660,325,000 $ 175,000 $ 86,000
Henderson 7,486 $ 1,556,600,000 $ 207,000 $ 90,000
Hertford 539 $ 53,395,000 $ 99,000 $ 68,000
Hoke 3,356 $ 589,490,000 $ 175,000 $ 73,000
Hyde 157 $ 26,675,000 $ 169,000 $ 133,000
Iredell 12,344 $ 3,036,470,000 $ 245,000 $ 115,000
Jackson 2,039 $ 534,685,000 $ 262,000 $ 161,000
Johnston 15,532 $ 3,064,990,000 $ 197,000 $ 85,000
Jones 379 $ 46,745,000 $ 123,000 $ 69,000
Lee 2,705 $ 477,415,000 $ 176,000 $ 78,000
Lenoir 1,421 $ 163,125,000 $ 114,000 $ 70,000
Lincoln 5,588 $ 1,263,710,000 $ 226,000 $ 101,000
Macon 2,162 $ 452,930,000 $ 209,000 $ 125,000
Madison 967 $ 177,575,000 $ 183,000 $ 87,000
Martin 533 $ 50,965,000 $ 95,000 $ 67,000
McDowell 1,799 $ 284,425,000 $ 158,000 $ 87,000
Mecklenburg 76,342 $ 20,623,545,000 $ 270,000 $ 129,000
Mitchell 656 $ 92,720,000 $ 141,000 $ 76,000
Montgomery 1,035 $ 158,925,000 $ 153,000 $ 105,000
Moore 6,961 $ 1,648,125,000 $ 236,000 $ 107,000
Nash 3,918 $ 556,200,000 $ 141,000 $ 77,000
New Hanover 16,053 $ 4,116,980,000 $ 256,000 $ 128,000
Northampton 507 $ 77,285,000 $ 152,000 $ 98,000
Onslow 12,888 $ 2,298,230,000 $ 178,000 $ 78,000
Orange 7,053 $ 1,933,995,000 $ 274,000 $ 145,000
Pamlico 594 $ 98,460,000 $ 165,000 $ 104,000
Pasquotank 2,102 $ 337,500,000 $ 160,000 $ 74,000
Pender 4,607 $ 1,038,705,000 $ 225,000 $ 108,000
Perquimans 672 $ 117,440,000 $ 174,000 $ 79,000
Person 1,615 $ 271,975,000 $ 168,000 $ 84,000
Pitt 6,862 $ 1,205,470,000 $ 175,000 $ 96,000
Polk 1,201 $ 226,495,000 $ 188,000 $ 96,000
Randolph 6,127 $ 833,245,000 $ 135,000 $ 71,000
Richmond 1,323 $ 133,025,000 $ 100,000 $ 66,000
Robeson 3,701 $ 324,085,000 $ 87,000 $ 59,000
Rockingham 3,632 $ 482,680,000 $ 132,000 $ 70,000
Rowan 6,889 $ 1,027,755,000 $ 149,000 $ 71,000
Rutherford 2,946 $ 427,280,000 $ 145,000 $ 79,000
Sampson 1,706 $ 206,700,000 $ 121,000 $ 71,000
Scotland 902 $ 99,600,000 $ 110,000 $ 73,000
Stanly 2,904 $ 449,300,000 $ 154,000 $ 82,000
Stokes 1,811 $ 231,175,000 $ 127,000 $ 73,000
Surry 2,424 $ 303,460,000 $ 125,000 $ 75,000
Swain 595 $ 93,705,000 $ 157,000 $ 99,000
Transylvania 1,909 $ 406,695,000 $ 213,000 $ 116,000
Tyrrell 107 $ 10,985,000 $ 102,000 $ 66,000
Union 18,772 $ 4,691,100,000 $ 249,000 $ 120,000
Vance 1,069 $ 144,365,000 $ 135,000 $ 85,000
Wake 77,551 $ 20,868,700,000 $ 269,000 $ 126,000
Warren 787 $ 147,445,000 $ 187,000 $ 121,000
Washington 240 $ 23,100,000 $ 96,000 $ 64,000
Watauga 2,746 $ 646,800,000 $ 235,000 $ 149,000
Wayne 4,182 $ 645,400,000 $ 154,000 $ 74,000
Wilkes 2,194 $ 284,630,000 $ 129,000 $ 73,000
Wilson 2,847 $ 410,445,000 $ 144,000 $ 78,000
Yadkin 1,381 $ 172,925,000 $ 125,000 $ 73,000
Yancey 884 $ 145,440,000 $ 164,000 $ 81,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in North Carolina.

If you prefer, you can download a copy of the entire list of mortgage lenders in North Carolina and search similar information back through 2003.

Download the North Carolina Lender List