First-Citizens Bank & Trust Company mortgage approval rate & lending review
First-Citizens Bank & Trust Company decided 35,939 mortgage applications and funded 27,062 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First-Citizens Bank & Trust Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First-Citizens Bank & Trust Company at a glance
Approval is 2.8 points above the 76.1% 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 | 87% | 10,619 / 12,152 | 98% | $445K | 10,393 |
| Home improvement loans | 74% | 8,284 / 11,230 | 94% | $105K | 7,805 |
| Cash-out refinance | 63% | 465 / 736 | 98% | $285K | 454 |
| Refinance | 75% | 6,652 / 8,854 | 94% | $185K | 6,269 |
| Investment property purchase | 86% | 1,660 / 1,929 | 93% | $305K | 1,541 |
| Investment cash-out refinance | 60% | 77 / 129 | 99% | $295K | 76 |
| Investment refinance | 71% | 399 / 559 | 86% | $205K | 345 |
| Investment home improvement | 57% | 201 / 350 | 89% | $155K | 179 |
First-Citizens Bank & Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 80% | $185K | 16,511 | 12,490 |
| South Carolina | 77% | $115K | 9,486 | 7,010 |
| California | 80% | $495K | 4,461 | 3,472 |
| Florida | 74% | $615K | 924 | 646 |
| Georgia | 75% | $245K | 900 | 638 |
| Virginia | 77% | $265K | 643 | 471 |
| Massachusetts | 90% | $475K | 520 | 449 |
| Texas | 78% | $615K | 317 | 233 |
| Arizona | 79% | $755K | 280 | 215 |
| Tennessee | 80% | $365K | 262 | 202 |
| Washington | 80% | $675K | 239 | 184 |
| Wisconsin | 70% | $175K | 235 | 145 |
| New York | 88% | $1.54M | 181 | 138 |
| Colorado | 82% | $725K | 176 | 137 |
| Maryland | 82% | $255K | 105 | 84 |
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-Citizens Bank & Trust Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Wake County, NC | Home improvement loans | 76% | 1,433 | 1,019 |
| Wake County, NC | Refinance | 79% | 1,172 | 872 |
| Wake County, NC | Mortgage lenders | 91% | 943 | 845 |
| Los Angeles County, CA | Mortgage lenders | 80% | 1,056 | 832 |
| Mecklenburg County, NC | Refinance | 77% | 758 | 552 |
| Mecklenburg County, NC | Home improvement loans | 78% | 726 | 532 |
| Charleston County, SC | Home improvement loans | 77% | 678 | 500 |
| San Francisco County, CA | Mortgage lenders | 99% | 415 | 402 |
| Charleston County, SC | Mortgage lenders | 88% | 456 | 396 |
| Richland County, SC | Mortgage lenders | 82% | 472 | 378 |
| Mecklenburg County, NC | Mortgage lenders | 87% | 436 | 363 |
| Richland County, SC | Home improvement loans | 71% | 446 | 301 |
The county markets where First-Citizens Bank & Trust Company made the most loans. Each link opens that market with every lender ranked.
Questions about First-Citizens Bank & Trust Company
What is First-Citizens Bank & Trust Company's mortgage approval rate?
First-Citizens Bank & Trust Company approved 78.9% of the 35,939 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 2.8 points above the 76.1% national rate for the same mix of loan types.
How often do borrowers take the loan First-Citizens Bank & Trust Company offers?
Borrowers accepted 95% of the loans First-Citizens Bank & Trust Company 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-Citizens Bank & Trust Company make?
The typical home purchase mortgage loan First-Citizens Bank & Trust Company made was $445K; across all loan types its typical loan ran from $105K to $445K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First-Citizens Bank & Trust Company lend?
First-Citizens Bank & Trust Company decided applications in 45 of the states Fat Boy Data covers, most of them in North Carolina, South Carolina and California.
Can I apply to First-Citizens Bank & Trust Company directly?
Yes. First-Citizens Bank & Trust Company is a bank or credit union with 518 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First-Citizens Bank & Trust Company'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-Citizens Bank & Trust Company treats applications, then get a rate quote from the lender.