Lenders › Fifth Third Bank, National Association › North Carolina
Fifth Third Bank, National Association 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, Fifth Third Bank, National Association reported 2,995 applications and 1,646 originations for 2024, $469m in all.
Its denial rate in the state was 31.7%, above the North Carolina rate of 24.0% across all lenders and compared with the lender's national rate of 32.7%.
The median rate spread on its North Carolina originations was 0.6 percentage points (state median 0.2).
Applications in the state were up 12% on 2023.
Compared with the state and the lender's national record
| Measure | In North Carolina | North Carolina, all lenders | Fifth Third Bank, National Association, all states | United States |
|---|---|---|---|---|
| Denial rate | 31.7% | 24.0% | 32.7% | 24.3% |
| Median rate spread, pp | 0.6 | 0.2 | 0.8 | 0.3 |
| Originations with spread of 1.5 pp or more | 26.2% | 11.8% | 30.8% | 15.6% |
| Average originated loan | $285k | $299k | $204k | $329k |
| Home purchase share | 36.1% | 56.3% | 30.6% | 57.0% |
| FHA-insured share | 1.6% | 11.8% | 3.2% | 13.4% |
| VA-guaranteed share | 0.9% | 11.8% | 0.8% | 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 36% (594)Home improvement 28% (460)Refinancing 15% (247)Cash-out refinancing 1% (24)Other purpose 20% (321)
By type
Conventional 97% (1,603)FHA 2% (27)VA 1% (15)USDA 0% (1)
Denial reasons as coded
Share of 794 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 |
|---|---|---|---|---|
| Mecklenburg County | 656 | 314 | $79m | 36.3% |
| Wake County | 507 | 282 | $109m | 31.0% |
| Union County | 289 | 173 | $46m | 29.8% |
| Cabarrus County | 227 | 126 | $19m | 30.5% |
| Iredell County | 148 | 93 | $29m | 28.0% |
| Durham County | 97 | 60 | $20m | 21.5% |
| Lincoln County | 104 | 58 | $9.5m | 33.0% |
| Rowan County | 76 | 43 | $6.3m | 39.4% |
| Brunswick County | 51 | 38 | $20m | 13.6% |
| Catawba County | 59 | 34 | $9.7m | 30.8% |
| Cleveland County | 59 | 29 | $2.9m | 45.3% |
| Gaston County | 56 | 29 | $7.8m | 39.2% |
| Buncombe County | 56 | 26 | $7.7m | 43.8% |
| Orange County | 36 | 22 | $11m | 11.1% |
| Guilford County | 33 | 20 | $7.5m | 19.2% |
| Transylvania County | 31 | 20 | $5.0m | — |
| Johnston County | 29 | 19 | $4.3m | 32.1% |
| Rutherford County | 31 | 16 | $1.6m | 33.3% |
| New Hanover County | 28 | 15 | $6.5m | — |
| Forsyth County | 27 | 14 | $4.4m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Fifth Third Bank, National Association originate in North Carolina in 2024?
1,646 loans totalling $469m, from 2,995 applications reported for properties in North Carolina.
What is Fifth Third Bank, National Association's denial rate in North Carolina?
31.7% of decided applications in North Carolina were denied, against 24.0% for all lenders in the state and 32.7% 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 Fifth Third Bank, National Association lend in most?
By originations: Mecklenburg County (314), Wake County (282), Union County (173), Cabarrus County (126), Iredell County (93).
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 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.