North Carolina Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 922,456 mortgage applications in North Carolina totaling $227.2 billion, up 8% from 2020. The average application was for $246,000, and applicants reported an average income of $115,000. 59% of applications resulted in an originated loan and 11% were denied. The most active lenders were State Employees' Credit Union (64,365 applications), Wells Fargo Bank NA and Truist Bank.

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 922,456
Total Mortgage Loan Application Amount $227,179,400,000
Average Mortgage Loan Application Amount $246,000
Highest Mortgage Loan Application Amount $86,725,000
Average Applicant Income $115,000
Highest Applicant Income $9,960,000

Top 25 Mortgage Lenders in North Carolina (2021)

Ranked by the number of mortgage applications each lender received for properties in North Carolina in 2021, 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
64,365 $10,153,085,000 $157,742 $93,588
2 Wells Fargo Bank NA
Minneapolis, MN
40,851 $10,775,705,000 $263,780 $122,914
3 Truist Bank
Raleigh, NC
34,895 $8,287,445,000 $237,496 $133,959
4 Freedom Mortgage Corporation
Boca Raton, FL
29,407 $6,380,035,000 $216,956 $93,273
5 Movement Mortgage, LLC
Indian Land, SC
25,658 $6,902,400,000 $269,015 $105,135
6 PennyMac Loan Services LLC
Westlake Village, CA
24,241 $5,831,945,000 $240,581 $103,292
7 Amerisave Mortgage Company
Sandy Springs, GA
20,544 $4,701,140,000 $228,832 $101,417
8 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
17,442 $2,130,550,000 $122,150 $55,654
9 First Ciitizens Bank and Trust
Raleigh, NC
17,156 $3,850,910,000 $224,464 $183,058
10 loanDepot.com LLC
Irvine, CA
16,969 $4,489,515,000 $264,571 $111,481
11 Bank of America NA
Westlake Village, CA
16,394 $3,905,440,000 $238,223 $153,735
12 Newrez LLC
Fort Washington, PA
15,327 $3,493,885,000 $227,956 $103,647
13 United Wholesale Mortgage
Plymouth, MI
14,724 $4,131,380,000 $280,588 $120,639
14 Nationstar Mortgage
Coppell, TX
13,521 $3,025,395,000 $223,755 $90,740
15 Better Mortgage Corporation
New York, NY
13,323 $4,107,605,000 $308,309 $139,485
16 Fairway Independent Mort Corp
Madison, WI
13,227 $3,260,505,000 $246,503 $100,366
17 Atlantic Bay Mortgage Group
Virginia Beach, VA
12,195 $3,374,195,000 $276,686 $114,350
18 Mortgage Research Center
Columbia, MO
12,181 $3,060,395,000 $251,243 $84,948
19 Guaranteed Rate, Inc.
Chicago, IL
11,508 $3,241,670,000 $281,688 $132,416
20 Cardinal Financial Company, Li
Charlotte, NC
11,405 $2,611,975,000 $229,020 $112,317
21 Navy Federal Credit Union
Vienna, VA
11,070 $2,674,370,000 $241,587 $108,843
22 Amerihome Mortgage Company, LLC
Thousand Oaks, CA
9,401 $2,443,755,000 $259,946 $96,659
23 Caliber Home Loans, Inc.
Wilmington, DE
9,289 $2,160,205,000 $232,555 $97,132
24 JPMorgan Chase Bank, NA
Columbus, OH
9,169 $3,139,115,000 $342,361 $155,448
25 Civic FCU
Raleigh, NC
8,289 $1,184,685,000 $142,922 $81,820

The tables below break down 2021 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 2021

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
Refinancing 343,357 $81,584,825,000 $237,000 $72,445,000 $116,000 $9,444,000
Home Purchase 340,026 $98,395,100,000 $289,000 $86,725,000 $114,000 $9,654,000
Cash-out Refinancing 157,086 $38,109,440,000 $242,000 $34,765,000 $104,000 $7,535,000
Home Improvement 39,428 $4,037,990,000 $102,000 $33,035,000 $130,000 $9,960,000
Other Purpose 38,845 $4,610,015,000 $118,000 $10,005,000 $136,000 $9,322,000
Not Applicable 3,714 $442,030,000 $119,000 $6,695,000 $45,000 $700,000

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 524,251 $125,691,555,000 $239,000 $11,625,000 $119,000 $9,960,000
Not Provided 133,430 $32,307,160,000 $242,000 $5,005,000 $122,000 $9,256,000
Black or African American 102,628 $20,068,750,000 $195,000 $5,115,000 $81,000 $8,107,000
Not applicable 70,862 $26,322,970,000 $371,000 $86,725,000 $123,000 $2,008,000
Hispanic 41,201 $8,667,035,000 $210,000 $3,655,000 $85,000 $7,641,000
Asian 34,390 $10,156,390,000 $295,000 $4,685,000 $144,000 $8,387,000
American Indian or Alaskan Native 6,829 $1,259,295,000 $184,000 $2,625,000 $94,000 $9,060,000
Native Hawaiian or Other Pacific Islander 825 $188,745,000 $228,000 $1,285,000 $104,000 $1,711,000

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) 716,175 $179,390,070,000 $250,000 $86,725,000 $123,000 $9,960,000
VA-guaranteed (Veterans Administration) 115,133 $29,456,555,000 $255,000 $3,335,000 $79,000 $8,584,000
FHA-insured (Federal Housing Administration) 80,223 $16,149,960,000 $201,000 $56,045,000 $60,000 $8,530,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10,925 $2,182,815,000 $199,000 $2,505,000 $59,000 $6,312,000

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 544,093 $140,634,535,000 $258,000 $72,445,000 $120,000 $9,648,000
Application Withdrawn By Applicant 112,757 $28,271,140,000 $250,000 $53,415,000 $120,000 $8,953,000
Application Denied By Financial Institution 103,398 $19,168,675,000 $185,000 $86,725,000 $88,000 $9,960,000
Loan Purchased By The Institution 78,791 $21,779,025,000 $276,000 $4,195,000 $131,000 $5,401,000
File Closed For Incompleteness 60,438 $12,256,690,000 $202,000 $5,005,000 $101,000 $9,654,000
Application Approved But Not Accepted 22,043 $4,820,905,000 $218,000 $32,965,000 $107,000 $9,322,000
Preapproval Approved but not Accepted 718 $200,160,000 $278,000 $1,655,000 $94,000 $1,776,000
Preapproval Denied by Financial Institution 218 $48,270,000 $221,000 $1,135,000 $80,000 $1,723,000

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 816,696 $207,174,900,000 $253,000 $72,445,000 $118,000 $9,654,000
Debt-To-Income Ratio 30,580 $6,253,005,000 $204,000 $29,005,000 $63,000 $9,568,000
Credit History 27,847 $4,042,665,000 $145,000 $7,005,000 $87,000 $9,960,000
Credit Application Incomplete 15,834 $3,408,540,000 $215,000 $10,405,000 $112,000 $9,256,000
Collateral 11,538 $2,181,320,000 $189,000 $33,955,000 $116,000 $7,280,000
Other 10,144 $2,287,295,000 $225,000 $86,725,000 $103,000 $3,500,000
Unverifiable Information 6,679 $1,146,645,000 $171,000 $3,005,000 $92,000 $9,277,000
Insufficient Cash (Downpayment, Closing Cost) 1,768 $381,910,000 $216,000 $3,245,000 $107,000 $1,337,000
Employment History 1,338 $295,630,000 $220,000 $13,525,000 $72,000 $4,440,000
Mortgage Insurance Denied 32 $7,490,000 $234,000 $455,000 $76,000 $189,000
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Mortgage Loan Application Totals in 2021 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 42,038 $ 11,088,350,000 $ 263,000 $ 112,000
Burlington, NC 13,053 $ 2,559,015,000 $ 196,000 $ 86,000
Charlotte-Concord-Gastonia, NC-SC 226,161 $ 62,555,800,000 $ 276,000 $ 125,000
Durham-Chapel Hill, NC 55,535 $ 15,516,430,000 $ 279,000 $ 129,000
Fayetteville, NC 46,529 $ 9,160,675,000 $ 196,000 $ 83,000
Goldsboro, NC 6,909 $ 1,160,635,000 $ 167,000 $ 77,000
Greensboro-High Point, NC 52,623 $ 10,223,985,000 $ 194,000 $ 95,000
Greenville, NC 11,514 $ 2,197,550,000 $ 190,000 $ 97,000
Hickory-Lenoir-Morganton, NC 24,856 $ 4,777,710,000 $ 192,000 $ 89,000
Jacksonville, NC 22,131 $ 4,479,765,000 $ 202,000 $ 86,000
New Bern, NC 10,611 $ 2,070,035,000 $ 195,000 $ 94,000
Raleigh, NC 158,998 $ 44,635,465,000 $ 280,000 $ 128,000
Rocky Mount, NC 8,460 $ 1,367,220,000 $ 161,000 $ 77,000
Wilmington, NC 32,932 $ 9,344,080,000 $ 283,000 $ 132,000
Winston-Salem, NC 49,110 $ 9,619,040,000 $ 195,000 $ 93,000
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Mortgage Loan Application Totals in 2021 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 13,053 $ 2,559,015,000 $ 196,000 $ 86,000
Alexander 2,018 $ 356,810,000 $ 176,000 $ 81,000
Alleghany 873 $ 164,265,000 $ 188,000 $ 108,000
Anson 837 $ 124,445,000 $ 148,000 $ 67,000
Ashe 1,863 $ 387,735,000 $ 208,000 $ 106,000
Avery 2,017 $ 604,555,000 $ 299,000 $ 199,000
Beaufort 2,658 $ 468,220,000 $ 176,000 $ 100,000
Bertie 571 $ 78,195,000 $ 136,000 $ 76,000
Bladen 1,319 $ 185,505,000 $ 140,000 $ 77,000
Brunswick 22,488 $ 5,947,030,000 $ 264,000 $ 127,000
Buncombe 23,810 $ 6,777,320,000 $ 284,000 $ 123,000
Burke 5,467 $ 936,325,000 $ 171,000 $ 85,000
Cabarrus 25,229 $ 6,172,585,000 $ 244,000 $ 106,000
Caldwell 5,149 $ 858,015,000 $ 166,000 $ 81,000
Camden 1,309 $ 323,305,000 $ 246,000 $ 92,000
Carteret 9,424 $ 2,620,920,000 $ 278,000 $ 149,000
Caswell 1,098 $ 175,150,000 $ 159,000 $ 79,000
Catawba 12,222 $ 2,626,560,000 $ 214,000 $ 96,000
Chatham 7,833 $ 2,546,755,000 $ 325,000 $ 143,000
Cherokee 2,718 $ 482,510,000 $ 177,000 $ 86,000
Chowan 958 $ 175,900,000 $ 183,000 $ 91,000
Clay 1,141 $ 254,705,000 $ 223,000 $ 111,000
Cleveland 6,831 $ 1,138,445,000 $ 166,000 $ 80,000
Columbus 2,250 $ 325,350,000 $ 144,000 $ 74,000
Craven 9,076 $ 1,770,670,000 $ 195,000 $ 93,000
Cumberland 27,133 $ 5,204,505,000 $ 191,000 $ 84,000
Currituck 6,025 $ 2,178,125,000 $ 361,000 $ 164,000
Dare 8,240 $ 2,893,900,000 $ 351,000 $ 181,000
Davidson 13,306 $ 2,401,350,000 $ 180,000 $ 84,000
Davie 3,450 $ 717,300,000 $ 207,000 $ 97,000
Duplin 2,094 $ 311,940,000 $ 148,000 $ 78,000
Durham 29,094 $ 7,677,050,000 $ 263,000 $ 121,000
Edgecombe 2,002 $ 258,670,000 $ 129,000 $ 67,000
Forsyth 27,473 $ 5,707,095,000 $ 207,000 $ 99,000
Franklin 8,146 $ 1,829,090,000 $ 224,000 $ 89,000
Gaston 20,227 $ 4,194,365,000 $ 207,000 $ 92,000
Gates 643 $ 106,695,000 $ 165,000 $ 94,000
Graham 494 $ 94,220,000 $ 190,000 $ 106,000
Granville 4,727 $ 979,595,000 $ 207,000 $ 91,000
Greene 608 $ 80,750,000 $ 132,000 $ 72,000
Guilford 38,102 $ 7,935,800,000 $ 208,000 $ 102,000
Halifax 1,961 $ 303,155,000 $ 154,000 $ 86,000
Harnett 13,652 $ 2,845,510,000 $ 208,000 $ 83,000
Haywood 5,700 $ 1,256,120,000 $ 220,000 $ 97,000
Henderson 11,005 $ 2,693,135,000 $ 244,000 $ 98,000
Hertford 742 $ 97,740,000 $ 131,000 $ 76,000
Hoke 5,744 $ 1,110,660,000 $ 193,000 $ 76,000
Hyde 259 $ 60,995,000 $ 235,000 $ 164,000
Iredell 19,529 $ 5,408,635,000 $ 276,000 $ 124,000
Jackson 3,288 $ 1,051,600,000 $ 319,000 $ 181,000
Johnston 25,267 $ 5,613,745,000 $ 222,000 $ 93,000
Jones 543 $ 87,565,000 $ 161,000 $ 83,000
Lee 4,528 $ 849,740,000 $ 187,000 $ 87,000
Lenoir 2,192 $ 284,020,000 $ 129,000 $ 75,000
Lincoln 9,307 $ 2,416,485,000 $ 259,000 $ 112,000
Macon 3,468 $ 837,070,000 $ 241,000 $ 127,000
Madison 1,523 $ 361,775,000 $ 237,000 $ 103,000
Martin 812 $ 99,920,000 $ 123,000 $ 70,000
McDowell 2,756 $ 543,260,000 $ 197,000 $ 94,000
Mecklenburg 110,822 $ 33,573,595,000 $ 302,000 $ 139,000
Mitchell 1,006 $ 176,100,000 $ 175,000 $ 91,000
Montgomery 1,627 $ 351,885,000 $ 216,000 $ 117,000
Moore 11,038 $ 2,985,190,000 $ 270,000 $ 122,000
Nash 6,458 $ 1,108,550,000 $ 171,000 $ 81,000
New Hanover 24,980 $ 7,223,540,000 $ 289,000 $ 135,000
Northampton 878 $ 156,630,000 $ 178,000 $ 98,000
Onslow 22,131 $ 4,479,765,000 $ 202,000 $ 86,000
Orange 11,365 $ 3,813,330,000 $ 335,000 $ 161,000
Pamlico 992 $ 211,800,000 $ 213,000 $ 106,000
Pasquotank 3,349 $ 648,425,000 $ 193,000 $ 81,000
Pender 7,952 $ 2,120,540,000 $ 266,000 $ 121,000
Perquimans 1,148 $ 236,850,000 $ 206,000 $ 97,000
Person 2,516 $ 499,700,000 $ 198,000 $ 94,000
Pitt 11,514 $ 2,197,550,000 $ 190,000 $ 97,000
Polk 1,745 $ 435,305,000 $ 249,000 $ 112,000
Randolph 9,122 $ 1,459,760,000 $ 160,000 $ 77,000
Richmond 1,961 $ 256,425,000 $ 130,000 $ 68,000
Robeson 4,385 $ 583,595,000 $ 133,000 $ 87,000
Rockingham 5,399 $ 828,425,000 $ 153,000 $ 73,000
Rowan 10,751 $ 1,959,795,000 $ 182,000 $ 83,000
Rutherford 4,422 $ 835,520,000 $ 188,000 $ 95,000
Sampson 2,619 $ 382,225,000 $ 145,000 $ 77,000
Scotland 1,438 $ 195,920,000 $ 136,000 $ 71,000
Stanly 4,911 $ 919,515,000 $ 187,000 $ 84,000
Stokes 2,894 $ 491,430,000 $ 169,000 $ 78,000
Surry 3,653 $ 572,755,000 $ 156,000 $ 79,000
Swain 1,002 $ 217,150,000 $ 216,000 $ 119,000
Transylvania 2,922 $ 746,320,000 $ 255,000 $ 135,000
Tyrrell 174 $ 24,120,000 $ 138,000 $ 82,000
Union 29,459 $ 8,705,895,000 $ 295,000 $ 131,000
Vance 1,899 $ 309,725,000 $ 163,000 $ 79,000
Wake 125,585 $ 37,192,630,000 $ 296,000 $ 137,000
Warren 1,248 $ 303,830,000 $ 243,000 $ 145,000
Washington 383 $ 44,975,000 $ 117,000 $ 80,000
Watauga 4,412 $ 1,340,745,000 $ 303,000 $ 170,000
Wayne 6,909 $ 1,160,635,000 $ 167,000 $ 77,000
Wilkes 3,246 $ 538,000,000 $ 165,000 $ 83,000
Wilson 4,545 $ 749,395,000 $ 164,000 $ 83,000
Yadkin 1,987 $ 301,865,000 $ 151,000 $ 80,000
Yancey 1,357 $ 288,125,000 $ 212,000 $ 116,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into North Carolina's 2021 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