New Hanover County
North Carolina · FIPS 37129
According to CFPB HMDA 2024 application volume among U.S. counties, New Hanover County ranks #273 of 3,223, and #14 of 100 in North Carolina.
Mortgage lending activity in New Hanover 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. New Hanover County, North Carolina lenders denied 1,620 of the applications reported here, financing the rest at an average note rate of 7.11%, with applicants self-reporting average annual income of $37K. 367 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 9.4x, meaning typical borrowers took on mortgages of about 9.4 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 New Hanover County
In New Hanover County, lead originator State Employees' Credit Union funded only 9.3% of 6,001 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 22.2% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to New Hanover County's 11,024 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to New Hanover County's $346,238 average loan (deduped against volume peers).
Lenders active in New Hanover County
State Employees' Credit Union funded 559 of the 6,001 loans originated in New Hanover County, 9.3% of the county. 367 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | State Employees' Credit Union | 559 | 9.3% |
| 2 | First Ciitizens Bank and Trust | 406 | 6.8% |
| 3 | Corning Credit Union | 365 | 6.1% |
| 4 | Rocket Mortgage | 332 | 5.5% |
| 5 | Guaranteed Rate, INC. | 262 | 4.4% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For New Hanover 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 New Hanover 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.