Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Cleveland County, North Carolina
Every institution that decided a 1–4 unit mortgage application in Cleveland County, home to Shelby, between 2023 and 2025: 8,398 applications, 5,722 loans actually funded, across 8 kinds of borrowing.
Cleveland County at a glance
8,398Applications decided
2023–2025
5,722Loans funded
68% of decisions
24Census tracts
7 ZIP codes
100,170People
ACS 2023
What the data shows
Lenders approved 76.3% of home-purchase applications in Cleveland County, 11.3 points below the North Carolina rate.
The typical purchase mortgage here is $215K.
Lending by loan type in Cleveland County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 76.3% | 4,152 | $215K | 95% | 246 |
| Home improvement loans | 59.8% | 1,152 | $55K | 96% | 62 |
| Cash-out refinance | 64.8% | 1,458 | $155K | 95% | 124 |
| Refinance | 73.9% | 1,028 | $105K | 94% | 108 |
| Investment property purchase | 76.2% | 319 | $135K | 93% | 89 |
| Investment cash-out refinance | 78.0% | 150 | $145K | 95% | 49 |
| Investment refinance | 72.9% | 85 | $135K | 94% | 42 |
| Investment home improvement | 59.3% | 54 | $75K | 94% | 19 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.