First Bank (North Carolina) mortgage approval rate & lending review
First Bank (North Carolina) decided 3,306 mortgage applications and funded 2,682 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Bank (North Carolina) reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Bank (North Carolina) at a glance
Approval is 3.6 points above the 78.9% 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 | 92% | 1,297 / 1,417 | 99% | $335K | 1,286 |
| Home improvement loans | 65% | 468 / 719 | 98% | $105K | 461 |
| Cash-out refinance | 70% | 78 / 111 | 100% | $235K | 78 |
| Refinance | 78% | 448 / 574 | 98% | $155K | 438 |
| Investment property purchase | 95% | 341 / 360 | 96% | $275K | 327 |
| Investment refinance | 93% | 68 / 73 | 96% | $265K | 65 |
| Investment home improvement | 65% | 22 / 34 | 91% | $145K | 20 |
First Bank (North Carolina) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 83% | $275K | 3,008 | 2,457 |
| South Carolina | 78% | $255K | 296 | 223 |
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 First Bank (North Carolina) lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Brunswick County, NC | Mortgage lenders | 95% | 166 | 157 |
| Moore County, NC | Mortgage lenders | 90% | 139 | 123 |
| New Hanover County, NC | Mortgage lenders | 95% | 118 | 110 |
| Buncombe County, NC | Mortgage lenders | 88% | 123 | 106 |
| Moore County, NC | Home improvement loans | 75% | 133 | 98 |
| Moore County, NC | Refinance | 85% | 113 | 93 |
| Brunswick County, NC | Investment property purchase | 97% | 69 | 66 |
| Henderson County, NC | Mortgage lenders | 89% | 71 | 62 |
| Guilford County, NC | Mortgage lenders | 92% | 65 | 60 |
| Buncombe County, NC | Home improvement loans | 65% | 83 | 53 |
| New Hanover County, NC | Investment property purchase | 94% | 51 | 46 |
| Randolph County, NC | Mortgage lenders | 84% | 51 | 43 |
The county markets where First Bank (North Carolina) made the most loans. Each link opens that market with every lender ranked.
Questions about First Bank (North Carolina)
What is First Bank (North Carolina)'s mortgage approval rate?
First Bank (North Carolina) approved 82.5% of the 3,306 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.6 points above the 78.9% national rate for the same mix of loan types.
How often do borrowers take the loan First Bank (North Carolina) offers?
Borrowers accepted 98% of the loans First Bank (North Carolina) approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does First Bank (North Carolina) make?
The typical home purchase mortgage loan First Bank (North Carolina) made was $335K; across all loan types its typical loan ran from $105K to $335K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Bank (North Carolina) lend?
First Bank (North Carolina) decided applications in 4 of the states Fat Boy Data covers, most of them in North Carolina, South Carolina and Minnesota.
Can I apply to First Bank (North Carolina) directly?
Yes. First Bank (North Carolina) is a bank or credit union with 303 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Bank (North Carolina)'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 First Bank (North Carolina) treats applications, then get a rate quote from the lender.