Better
Minimum credit score | Conventional: 620 Refinance: 620 FHA, VA: 580 |
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Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
We selected these North Carolina mortgage lenders based on several factors, such as their fees, rates, website features and minimum requirements. Customer reviews from sites such as Zillow, Trustpilot and the Better Business Bureau (BBB) also played a role. Learn more about Finder’s rating methodology.
Better
Minimum credit score | Conventional: 620 Refinance: 620 FHA, VA: 580 |
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LendingTree
Unlike the other companies on this list, which are direct lenders, LendingTree is a mortgage marketplace that lets you compare rates from hundreds of home loan providers across the country. Simply answer a few questions on LendingTree’s site, then you’ll see a list of North Carolina lenders and their respective rates.
Using this site can save you a substantial amount of time while shopping for a mortgage, but LendingTree will share your contact information with third parties — so be prepared for an influx of unsolicited calls and emails.
Minimum credit score | Conventional: 620 FHA: 500 VA: 620 USDA: 640 Jumbo: 800 |
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Rocket Mortgage
Minimum credit score | Conventional: 620 FHA: 580 VA: 620 Jumbo: 700 |
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BNC National Bank
Minimum credit score | Conventional: 620 |
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Freedom Mortgage
Some of the lenders on this list exclusively help aspiring homeowners buy places to live, but others, like Freedom Mortgage, allow current homeowners to refinance their mortgages and reduce their monthly payments.
Freedom Mortgage offers a variety of refinancing options for homeowners with conventional or government-backed home loans. And if you choose to refinance through this lender, you can look forward to a lower interest rate and more flexibility with your loan terms.
Minimum credit score | Conventional: 620 FHA: 540 VA: 580 USDA: 640 |
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Veterans United
Minimum credit score | Conventional: 620 FHA: 620 VA: 620 |
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Fairway Independent
The average credit score in North Carolina is 686, but many hopeful homeowners have scores well below that number. If your credit score isn’t anything to brag about, Fairway Independent Mortgage Corporation may still approve you for a home loan.
This Wisconsin-based lender provides various mortgage options, including some specialty programs most other lenders don’t offer. And unlike some companies on this list, Fairway will approve applicants with credit scores as low as 580 for VA and FHA loans.
Minimum credit score | Conventional: 620 VA: 580 FHA: 580 |
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State Employees’ Credit Union
Minimum credit score | 620 |
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Truist
Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.
As of November 23, 2020, the average 30-year fixed-mortgage rate in the US is 2.95%, but it’s currently slightly lower in North Carolina. According to the Consumer Financial Protection Bureau (CFPB), the mortgage rate on 30-year fixed-rate mortgages in North Carolina average 2.875%. And according to 2019 data from ClosingCorp, North Carolina closing costs averaged 1.19% of the sales price, which is much lower than the 2% to 5% it costs in several other states.
Choosing the right lender can take a serious amount of time, which is why many hopeful homebuyers choose to work with mortgage brokers. Mortgage brokers can do the legwork for you and figure out which lender is best equipped to meet your needs.
However, not all brokers can or should be trusted. Unfortunately, some brokers may attempt to charge you unnecessary fees you could have otherwise avoided. To identify a trustworthy broker, be sure to read as many recent customer reviews as you can.
The best mortgage lenders in North Carolina each have something unique to offer, but it’s unlikely that all of them will be a good match for you. Carefully compare each of their strengths and weaknesses, and apply for a mortgage with the lender that best matches your needs. Start the application process now, or compare other popular mortgage lenders in North Carolina.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top home loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, product selection and borrower experience.
Read the full methodology of how we rate home loan providers.
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