# Towne Mortgage of the Carolinas, LLC

> **Canonical URL:** https://saferate.com/lenders/towne-mortgage-of-the-carolinas


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Towne Mortgage of the Carolinas, LLC is a independent mortgage company, headquartered in Raleigh, NC, serving borrowers across 2 states, with 369 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 67% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 32% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 5493005NE66BD75BDB43
- **Headquarters:** Raleigh, NC
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NC, VA
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 33/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.237%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,073
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 369
- **Dollar Volume:** $128 million
- **Applications Received:** 424
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $346,897
- **Average Borrower Income:** $128,000
- **Average Property Value:** $433,401

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 52/100 | 283 | +0.239% | $3,008 | Sound ☺️ |
| FHA | 61/100 | 58 | +0.439% | $3,136 | Strong 😀 |
| VA | 62/100 | 24 | -0.464% | $3,572 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 279 loans, Score: 54/100 (Sound)

**FHA:**
- Purchase: 57 loans, Score: 61/100 (Strong)

**VA:**
- Purchase: 23 loans, Score: 62/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 57/100 | 363 | $126M | +0.238% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 368 | 0.25% | 77/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Raleigh | NC | 224 | 85/100 |
| Durham | NC | 44 | 68/100 |
| Non |  | 40 | 41/100 |
| Rocky Mount, NC | NC | 15 | 59/100 |
| Greensboro | NC | 11 | 45/100 |

## Where This Lender Ranks

Towne Mortgage of the Carolinas, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#13** in Durham for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#14** in Rocky Mount, NC for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/rocky-mount-nc/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#14** in Rocky Mount, NC for FHA Loans
  - [View Full Rankings](https://saferate.com/rocky-mount-nc/best-mortgage-lenders/fha-loans)
- 🏆 **#14** in Rocky Mount, NC for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/rocky-mount-nc/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#15** in Durham for FHA Loans
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/fha-loans)
- 🏆 **#16** in Raleigh for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#20** in Raleigh for FHA Loans
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does Towne Mortgage of the Carolinas, LLC offer?

Towne Mortgage of the Carolinas, LLC offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Towne Mortgage of the Carolinas, LLC offer mortgages?

Towne Mortgage of the Carolinas, LLC offers mortgages in 2 states: NC, VA.

### How competitive are Towne Mortgage of the Carolinas, LLC's mortgage rates?

Towne Mortgage of the Carolinas, LLC has a pricing score of 33/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.237% above market average.

### What type of lender is Towne Mortgage of the Carolinas, LLC?

Towne Mortgage of the Carolinas, LLC is a non-depository lender that specializes in mortgage origination, headquartered in Raleigh, NC.

### What is Towne Mortgage of the Carolinas, LLC's loan approval success rate?

Towne Mortgage of the Carolinas, LLC has a pull-through score of 68/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/towne-mortgage-of-the-carolinas

### How to Cite

> "Towne Mortgage of the Carolinas, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/towne-mortgage-of-the-carolinas

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