Name of the lender

New American Funding, LLC. in North CarolinaMortgage rates, total loan costs and denial rate for homes in North Carolina, 2025

HMDA year2025

StateNorth Carolina

Head office: Tustin, CA
Reporting agency: Department of Housing and Urban Development (HUD)
Legal Entity Identifier (LEI)

All states of this lender

New American Funding, LLC. reported 4,708 applications for homes in North Carolina in the HMDA data of 2025.

It originated 1,619 loans in the state in 2025, for $398 million in total.

The median interest rate of these loans in 2025 was 6.625%, and the median of all lenders in North Carolina was 6.250%.

The median total loan costs in 2025 were $8,917, and the state median was $5,696.

It denied 20.6% of the applications that it decided in the state in 2025, and the state denial rate was 22.8%.

Filed figures of New American Funding, LLC. in North Carolina, 2025
Figure	In NC	Lender, all states	NC, all lenders
Applications	4,708	140,813	486,376
Loans originated	1,619	57,460	281,159
Median interest rate	6.625%	6.750%	6.250%
Median total loan costs	$8,917	$8,674	$5,696
Denial rate	20.6%	17.9%	22.8%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

PricingMedians of 2025 loans in NC

Pricing medians of New American Funding, LLC. in North Carolina, 2025Each value has the median of all lenders in North Carolina under it.
Loans	Loans in the medians	Interest rate	Total loan costs	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits	Rate spread, points
All loans in NC	1,378	6.625%NC 6.250%	$8,917NC $5,696	$3,908NC $2,293	$3,275NC $2,929	$1,000NC $616	0.663NC 0.065

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.

The median rate spread was 0.663 percentage points above the average prime offer rate. On a loan of $300,000, that is about $1,989 more a year, or $166 more a month.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different.

Action taken and loan types

Records in North Carolina by the action taken
Action taken	Records	Share
1Loan originated	1,619	34.4%
2Application approved but not accepted	27	0.6%
3Application denied	427	9.1%
4Application withdrawn by applicant	1,363	29.0%
5File closed for incompleteness	1,272	27.0%
6Purchased loan	0	0.0%
7Preapproval request denied	0	0.0%
8Preapproval request approved but not accepted	0	0.0%

Applications in North Carolina by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	2,000	786	13.0%
FHA-insured	2,269	665	29.3%
VA-guaranteed	417	155	15.8%
USDA Rural Housing Service or Farm Service Agency guaranteed	22	13	n/a

Counties in North Carolina

Counties of New American Funding, LLC. in North Carolina with 25 applications or more, 2025In order of the names.
County	Applications	Loans originated	Amount	Denial rate
Alamance County	74	25	$5.9 million	21.9%
Brunswick County	99	39	$8.4 million	14.9%
Buncombe County	69	28	$7.2 million	12.5%
Cabarrus County	138	55	$13.9 million	14.1%
Caldwell County	41	13	$1.5 million	n/a
Catawba County	75	31	$8.2 million	13.9%
Cleveland County	55	25	$4.8 million	10.7%
Cumberland County	215	82	$16.2 million	18.8%
Davidson County	97	27	$5.1 million	20.0%
Durham County	121	41	$11.3 million	27.1%
Edgecombe County	26	12	$1.5 million	n/a
Forsyth County	146	49	$10.3 million	17.7%
Franklin County	55	22	$6.9 million	n/a
Gaston County	156	56	$12.4 million	20.0%
Granville County	35	16	$3.7 million	n/a
Guilford County	216	73	$16.7 million	24.2%
Harnett County	98	42	$9.7 million	10.6%
Henderson County	42	17	$3.6 million	n/a
Hoke County	36	12	$3.0 million	n/a
Iredell County	109	39	$11.4 million	22.0%
Johnston County	145	38	$9.6 million	33.9%
Lee County	33	13	$3.7 million	n/a
Lenoir County	28	15	$2.5 million	n/a
Lincoln County	56	21	$5.6 million	n/a
Mecklenburg County	469	168	$47.5 million	19.2%
Nash County	67	21	$4.1 million	27.6%
New Hanover County	59	16	$5.3 million	n/a
Onslow County	71	22	$4.6 million	18.5%
Orange County	32	13	$6.0 million	n/a
Person County	29	18	$3.1 million	n/a
Pitt County	96	41	$6.4 million	28.1%
Randolph County	58	18	$3.4 million	28.0%
Robeson County	49	14	$2.4 million	n/a
Rockingham County	48	15	$2.5 million	n/a
Rowan County	82	26	$5.8 million	16.1%
Rutherford County	38	12	$2.6 million	n/a
Stanly County	42	20	$4.3 million	n/a
Union County	144	59	$21.5 million	14.1%
Wake County	342	103	$36.1 million	21.9%
Wayne County	63	29	$5.6 million	21.1%

Figures by year

New American Funding, LLC. in North Carolina by HMDA year"n/a" shows a year with fewer than 25 applications in the state.
Year	Applications	Loans originated	Amount	Median interest rate	Median total loan costs	Denial rate
2025	4,708	1,619	$398 million	6.625%	$8,917	20.6%
2024	3,717	1,276	$316 million	n/a	n/a	25.0%
2023	2,459	977	$241 million	n/a	n/a	18.1%
2022	4,081	1,596	$415 million	n/a	n/a	15.4%

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender in this state, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "New American Funding, LLC. in North Carolina, 2025", https://lenderregister.com/lender/549300e2ux99hkdbr481-new-american-funding-llc/nc/
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in North Carolina. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.

Questions

What share of the loans of New American Funding, LLC. were in North Carolina in 2025?: 1,619 of its loans originated, out of 57,460 in all states. That is 2.8%.
In which counties of North Carolina did New American Funding, LLC. originate the most loans in 2025?: The three with the most loans were Mecklenburg County (168), Wake County (103) and Cumberland County (82).
Which loan types did New American Funding, LLC. originate in North Carolina in 2025?: 786 conventional, 665 FHA, 155 VA and 13 USDA.
How did the applications of New American Funding, LLC. in North Carolina change from 2022 to 2025?: It reported 4,081 applications in 2022 and 4,708 in 2025.