Cleveland County
North Carolina · FIPS 37045
According to CFPB HMDA 2024 application volume among U.S. counties, Cleveland County ranks #566 of 3,223, and #32 of 100 in North Carolina.
Mortgage lending activity in Cleveland County, North Carolina based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Cleveland County, North Carolina lenders denied 960 of the applications reported here, financing the rest at an average note rate of 7.11%, with applicants self-reporting average annual income of $38K. 208 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.8x, meaning typical borrowers took on mortgages of about 4.8 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Cleveland County
In Cleveland County, lead originator State Employees' Credit Union funded 16.0% of 2,107 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 29.1% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Cleveland County's 4,369 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Cleveland County's $182,393 average loan (deduped against volume peers).
Lenders active in Cleveland County
State Employees' Credit Union funded 338 of the 2,107 loans originated in Cleveland County, 16.0% of the county. 208 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | State Employees' Credit Union | 338 | 16.0% |
| 2 | Rocket Mortgage | 158 | 7.5% |
| 3 | Truliant Federal Credit Union | 117 | 5.6% |
| 4 | United Wholesale Mortgage | 91 | 4.3% |
| 5 | Movement Mortgage, LLC | 69 | 3.3% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Cleveland County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Cleveland County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.