Lenders › Truist Bank › North Carolina
Truist Bank in North Carolina
HMDA record for properties in North Carolina, calendar year 2024. National record · North Carolina overview
HMDA data alone cannot be used 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. Cells under 25 applications are withheld.
In North Carolina, Truist Bank reported 13,731 applications and 7,011 originations for 2024, $1.8bn in all.
Its denial rate in the state was 39.8%, above the North Carolina rate of 24.0% across all lenders and compared with the lender's national rate of 46.3%.
The median rate spread on its North Carolina originations was 0.3 percentage points (state median 0.2).
Applications in the state were down 12% on 2023.
Compared with the state and the lender's national record
| Measure | In North Carolina | North Carolina, all lenders | Truist Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 39.8% | 24.0% | 46.3% | 24.3% |
| Median rate spread, pp | 0.3 | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 27.8% | 11.8% | 24.6% | 15.6% |
| Average originated loan | $258k | $299k | $273k | $329k |
| Home purchase share | 40.0% | 56.3% | 36.3% | 57.0% |
| FHA-insured share | 3.2% | 11.8% | 2.5% | 13.4% |
| VA-guaranteed share | 1.7% | 11.8% | 1.5% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNorth Carolina, all lenders
Loan purpose and loan type in North Carolina
By purpose
Home purchase 40% (2,802)Home improvement 14% (955)Refinancing 18% (1,255)Cash-out refinancing 5% (343)Other purpose 24% (1,656)
By type
Conventional 95% (6,651)FHA 3% (225)VA 2% (120)USDA 0% (15)
Denial reasons as coded
Share of 4,843 denials in North Carolina by first denial reason coded (outlined bar: all lenders in the state).
Counties in North Carolina
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Wake County | 1,506 | 820 | $272m | 35.7% |
| Mecklenburg County | 1,304 | 685 | $281m | 39.5% |
| Guilford County | 845 | 423 | $99m | 39.2% |
| Forsyth County | 534 | 269 | $111m | 39.7% |
| Union County | 468 | 242 | $69m | 41.3% |
| Pitt County | 404 | 236 | $52m | 31.9% |
| Brunswick County | 435 | 225 | $56m | 38.1% |
| Gaston County | 437 | 215 | $44m | 42.2% |
| Catawba County | 386 | 215 | $39m | 33.2% |
| Durham County | 380 | 209 | $56m | 36.0% |
| Johnston County | 339 | 201 | $49m | 31.8% |
| New Hanover County | 321 | 161 | $56m | 39.4% |
| Iredell County | 299 | 147 | $45m | 41.7% |
| Davidson County | 245 | 147 | $24m | 32.3% |
| Cumberland County | 315 | 134 | $20m | 45.5% |
| Cabarrus County | 225 | 106 | $19m | 43.0% |
| Buncombe County | 219 | 105 | $27m | 44.9% |
| Harnett County | 197 | 102 | $18m | 36.0% |
| Wilson County | 175 | 93 | $13m | 35.8% |
| Carteret County | 159 | 89 | $26m | 31.2% |
| Alamance County | 184 | 86 | $14m | 48.0% |
| Rockingham County | 165 | 85 | $15m | 39.9% |
| Randolph County | 144 | 82 | $13m | 35.3% |
| Franklin County | 133 | 82 | $19m | 32.8% |
| Wayne County | 178 | 80 | $8.7m | 40.0% |
| Orange County | 180 | 79 | $20m | 46.1% |
| Craven County | 162 | 76 | $13m | 45.2% |
| Chatham County | 139 | 70 | $25m | 36.0% |
| Moore County | 150 | 66 | $13m | 45.3% |
| Burke County | 142 | 63 | $13m | 46.4% |
| Lincoln County | 123 | 63 | $18m | 35.8% |
| Dare County | 90 | 56 | $16m | 28.7% |
| Rowan County | 113 | 53 | $7.8m | 45.4% |
| Caldwell County | 103 | 50 | $8.0m | 40.9% |
| Onslow County | 101 | 47 | $11m | 46.7% |
| Davie County | 82 | 47 | $9.9m | 30.6% |
| Sampson County | 97 | 45 | $6.8m | 48.9% |
| Nash County | 92 | 44 | $7.5m | 44.4% |
| Rutherford County | 67 | 43 | $6.6m | 18.5% |
| Cleveland County | 91 | 42 | $11m | 51.2% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Truist Bank originate in North Carolina in 2024?
7,011 loans totalling $1.8bn, from 13,731 applications reported for properties in North Carolina.
What is Truist Bank's denial rate in North Carolina?
39.8% of decided applications in North Carolina were denied, against 24.0% for all lenders in the state and 46.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which North Carolina counties does Truist Bank lend in most?
By originations: Wake County (820), Mecklenburg County (685), Guilford County (423), Forsyth County (269), Union County (242).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in North Carolina. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.