Charlotte-Concord-Gastonia
Metropolitan Statistical Area · MSA Code 16740
According to CFPB HMDA 2024 application volume among tracked metros, Charlotte-Concord-Gastonia ranks #10 of 418.
Mortgage lending activity in the Charlotte-Concord-Gastonia metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The Charlotte-Concord-Gastonia Metropolitan Statistical Area (MSA code 16740) financed its book at an average note rate of 7.09%. 20 major lenders are tracked for this metro - Rocket Mortgage, State Employees' Credit Union, United Wholesale Mortgage lead by origination volume. Among the 418 metros tracked, Charlotte-Concord-Gastonia sits in the 53rd percentile for approval-friendliness by denial rate, and shares its 5-point denial-rate band with 241 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Charlotte-Concord-Gastonia denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 16.4% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $329,999 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Charlotte-Concord-Gastonia
In Charlotte-Concord-Gastonia, lead originator Rocket Mortgage funded only 7.5% of 72,034 originated loans, below the fleet's lower tercile (~8.7% top-1 share). The top three reporters together hold 18.7% of the book, so shopping across channels still meets many active filers.
Metros With a Similar Denial Rate
The metro areas closest to Charlotte-Concord-Gastonia's 16.4% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Charlotte-Concord-Gastonia's 137,001 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Charlotte-Concord-Gastonia's $329,999 average loan (deduped against denial and volume peers).
Lenders active in the Charlotte-Concord-Gastonia metro
Rocket Mortgage funded 5,422 of the 72,034 loans originated here, 7.5% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 5,422 | 7,221 | $275,665 | 7.5% |
| 2 | State Employees' Credit Union | 4,044 | 6,670 | $157,001 | 5.6% |
| 3 | United Wholesale Mortgage | 4,006 | 5,318 | $357,587 | 5.6% |
| 4 | Movement Mortgage, LLC | 3,127 | 4,285 | $343,635 | 4.3% |
| 5 | Bank of America NA | 2,713 | 5,546 | $222,330 | 3.8% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For the Charlotte-Concord-Gastonia metropolitan area, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- Metropolitan Statistical Areas are defined by the U.S. Office of Management and Budget (OMB). Not financial advice for Charlotte-Concord-Gastonia 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.