Lender profile · HMDA 2023–2025
First Bank (North Carolina) mortgage approval rates & lending data
First Bank (North Carolina) decided 3,306 mortgage applications and funded 2,682 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Minnesota | 100% | $955K | 1 | 1 |
| Virginia | 100% | $175K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.