Towne Mortgage of the Carolinas, LLC mortgage approval rate & lending review
Towne Mortgage of the Carolinas, LLC decided 900 mortgage applications and funded 853 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Towne Mortgage of the Carolinas, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to townemortgage.com.
This lender is broker only. It does not take applications from borrowers directly; you would reach it through a mortgage broker.
Towne Mortgage of the Carolinas, LLC at a glance
Approval is 8.0 points above the 87.3% 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 | 96% | 808 / 845 | 99% | $315K | 803 |
| Investment property purchase | 92% | 34 / 37 | 100% | $285K | 34 |
Towne Mortgage of the Carolinas, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 95% | $315K | 897 | 850 |
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 Towne Mortgage of the Carolinas, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Wake County, NC | Mortgage lenders | 97% | 407 | 394 |
| Johnston County, NC | Mortgage lenders | 95% | 128 | 121 |
| Durham County, NC | Mortgage lenders | 97% | 76 | 72 |
| Harnett County, NC | Mortgage lenders | 94% | 63 | 58 |
| Alamance County, NC | Mortgage lenders | 97% | 31 | 30 |
| Wayne County, NC | Mortgage lenders | 84% | 31 | 26 |
| Orange County, NC | Mortgage lenders | 92% | 25 | 23 |
The county markets where Towne Mortgage of the Carolinas, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Towne Mortgage of the Carolinas, LLC
What is Towne Mortgage of the Carolinas, LLC's mortgage approval rate?
Towne Mortgage of the Carolinas, LLC approved 95.3% of the 900 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.0 points above the 87.3% national rate for the same mix of loan types.
How often do borrowers take the loan Towne Mortgage of the Carolinas, LLC offers?
Borrowers accepted 99% of the loans Towne Mortgage of the Carolinas, LLC 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 Towne Mortgage of the Carolinas, LLC make?
The typical home purchase mortgage loan Towne Mortgage of the Carolinas, LLC made was $315K; across all loan types its typical loan ran from $285K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Towne Mortgage of the Carolinas, LLC lend?
Towne Mortgage of the Carolinas, LLC decided applications in 3 of the states Fat Boy Data covers, most of them in North Carolina, Virginia and Florida.
Can I apply to Towne Mortgage of the Carolinas, LLC directly?
No. Towne Mortgage of the Carolinas, LLC is a wholesale lender: it funds loans that mortgage brokers bring to it and does not take applications from borrowers directly. Its website is townemortgage.com.
Does this page show Towne Mortgage of the Carolinas, LLC'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 Towne Mortgage of the Carolinas, LLC treats applications, then get a rate quote from the lender.