Carter Bank & Trust mortgage approval rate & lending review
Carter Bank & Trust decided 278 mortgage applications and funded 198 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Carter Bank & Trust reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Carter Bank & Trust at a glance
Approval is 0.6 points below the 75.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 48 / 53 | 98% | $555K | 47 |
| Home improvement loans | 55% | 50 / 91 | 98% | $65K | 49 |
| Refinance | 79% | 56 / 71 | 93% | $205K | 52 |
| Investment property purchase | 87% | 39 / 45 | 97% | $255K | 38 |
Carter Bank & Trust lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 84% | $255K | 167 | 132 |
| Virginia | 59% | $65K | 102 | 58 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Carter Bank & Trust lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Spotsylvania County, VA | Home improvement loans | 62% | 21 | 13 |
The county markets where Carter Bank & Trust made the most loans. Each link opens that market with every lender ranked.
Questions about Carter Bank & Trust
What is Carter Bank & Trust's mortgage approval rate?
Carter Bank & Trust approved 75.2% of the 278 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 0.6 points below the 75.8% national rate for the same mix of loan types.
How often do borrowers take the loan Carter Bank & Trust offers?
Borrowers accepted 95% of the loans Carter Bank & Trust approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Carter Bank & Trust make?
The typical home improvement loan loan Carter Bank & Trust made was $65K; across all loan types its typical loan ran from $65K to $555K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Carter Bank & Trust lend?
Carter Bank & Trust decided applications in 4 of the states Fat Boy Data covers, most of them in North Carolina, Virginia and South Carolina.
Can I apply to Carter Bank & Trust directly?
Yes. Carter Bank & Trust is a bank or credit union with 66 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Carter Bank & Trust's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Carter Bank & Trust treats applications, then get a rate quote from the lender.