Mortgage by CountyWhat home buyers actually paid, county by county

Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

North Carolina · Charlotte-Concord-Gastonia, NC-SC

Gaston County, NC: mortgages, home buyers & loan limits

What buyers in Gaston County actually borrowed, earned and paid in 2025, from the official Home Mortgage Disclosure Act records — plus the 2026 conforming and FHA loan limits.

HMDA 2025 data released June 23, 2026 · Loan limits for calendar year 2026

In 2025, lenders reported 3,229 home-purchase mortgages for owner-occupied, single-family homes in Gaston County, NC. The median buyer borrowed $305,000 on a home valued at $345,000 and reported a household income of $100,000.

Buyers financed a median 95% of the home's value (roughly 5% down), paid a median 6.575% on 30-year fixed conventional loans and faced median conventional loan costs of $4,830.

Lenders denied 9.4% of completed home-purchase applications.

Conforming limit 2026
$832,750
1-unit home · FHFA
FHA limit 2026
$541,287
1-unit home · HUD
Buyer income
$100,000
U.S. $116,000
30-yr fixed rate
6.575%
U.S. 6.625%
Loan costs
$4,830
Conventional · U.S. $5,570
Denial rate
9.4%
Purchase · U.S. 8.5%

Key facts about Gaston County mortgages

  • Home buyers' median income ($100,000) is 14% lower than the U.S. median ($116,000).
  • The median 30-year fixed conventional rate here was 5 basis points below the U.S. median (6.625%).
  • Median conventional loan costs ($4,830) were 13% lower than the U.S. median ($5,570).
  • FHA loans made up 27.4% of purchase mortgages, versus 21.1% nationally.
  • 28.2% of buyers put at least 20% down (financed 80% or less), compared with 38.5% nationally.
  • The most common age bracket among borrowers was 25–34 (31.8% of purchase loans).
  • 55.9% of purchase mortgages had a single borrower with no co-applicant.
  • The most-cited reason for denial was debt-to-income ratio (51.0% of denials with a stated reason).

National rank among 1,994 counties with at least 100 purchase loans: median income of home buyers 789th · median home-purchase loan 608th · median conventional loan costs 927th · purchase application denial rate 648th. See rankings.

2026 loan limits in Gaston County

PropertyConforming 2026vs 2025FHA 2026vs 2025
1 unit $832,750 +$26,250 $541,287 +$17,062
2 units $1,066,250 +$33,600 $693,050 +$21,850
3 units $1,288,800 +$40,650 $837,700 +$26,425
4 units $1,601,750 +$50,500 $1,041,125 +$32,825

2026 limits for Gaston County, NC: conforming (Fannie Mae / Freddie Mac) from FHFA; FHA forward-mortgage limits from HUD. FHA limit is at the national floor for low-cost areas. Loans above the conforming limit are "jumbo" loans.

All North Carolina counties: North Carolina 2026 loan limits. FHFA and HUD normally announce the next year's limits in late November.

Who bought homes in Gaston County

Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.

Purchase loans
3,229
of 3,680 applications
Buyer income
$100,000
Middle half $71,000–$147,000
Home value
$345,000
Middle half $275,000–$445,000
Loan amount
$305,000
Middle half $245,000–$395,000
Down payment
5%
28.2% put 20%+ down
Single borrower
55.9%
No co-applicant

Values are medians; "middle half" is the 25th to 75th percentile.

Loan type

Conventional 61.9% 1,999
FHA 27.4% 885
VA 9.4% 305
USDA 1.2% 40

What the homes were for

Primary residence 96.8% 3,334
Second home 0.9% 30
Investment property 2.4% 81

All first-lien, closed-end purchase mortgages, including second homes and investors.

Borrower age

Under 25 6.8%
25–34 31.8%
35–44 23.7%
45–54 17.9%
55–64 12.6%
65–74 5.6%
75 and over 1.6%

Debt-to-income ratio

Under 20% 3.0%
20–29% 11.4%
30–35% 15.9%
36–42% 26.3%
43–49% 31.1%
50–60% 11.5%
Over 60% 0.7%

Monthly debts (including the new payment) as a share of income, as used in underwriting.

What borrowing cost in Gaston County

Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.

MeasureGaston CountyNorth CarolinaU.S.
30-year fixed rate · conventional6.575%6.500%6.625%
30-year fixed rate · FHA6.125%6.250%6.250%
30-year fixed rate · VA6.125%6.125%6.125%
15-year fixed rate · conventional5.750%5.750%5.875%
Rate spread vs. APOR · conventional+0.12 pts+0.04 pts+0.13 pts
Total loan costs · conventional$4,830$4,840$5,570
Total loan costs · FHA$10,210$10,360$11,310
Total loan costs · VA$5,480$6,600$6,490
Origination charges (all loan types)$1,900$1,890$1,860
Borrowers paying discount points57.9%49.4%51.3%
Points paid, when paid (% of loan)0.99%0.93%0.87%
Borrowers receiving lender credits31.8%30.0%33.1%
Adjustable-rate mortgages10.6%13.3%7.4%
Jumbo loans (above conforming limit)1.6%3.4%3.8%

Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.

Approvals and denials

Gaston County: 345 of 3,680 completed home-purchase applications were denied (9.4%).

Denial rate

ApplicationGaston CountyNorth CarolinaU.S.
Home purchase9.4%7.6%8.5%
Conventional6.6%6.6%7.1%
FHA15.4%12.3%12.5%
VA9.2%6.1%8.0%
USDA4.7%11.8%12.5%
Refinance19.7%15.9%17.9%
Cash-out refinance35.8%34.1%33.6%

Main reason for purchase denials

Debt-to-income ratio 51.0%
Credit history 16.8%
Other 8.7%
Unverifiable information 6.1%
Collateral (appraisal/property) 5.5%
Credit application incomplete 5.5%
Insufficient cash (down payment/closing costs) 3.8%
Employment history 2.6%

First reason the lender reported.

Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.

Refinancing in Gaston County

Refinances
573
Median loan $315,000
Refi rate
6.125%
30-yr fixed, conv.
Refi loan costs
$4,740
Conventional
Cash-out refis
646
Median loan $215,000
Cash-out rate
6.75%
30-yr fixed, conv.
Cash-out income
$76,000
Median borrower

Top mortgage lenders in Gaston County

287 lenders originated at least one home-purchase or refinance loan here in 2025. The table ranks them by loan count; pricing columns compare conventional purchase loans only.

#LenderLoansShareDenial rate30-yr rate*Spread*Costs*
1 Rocket Mortgage, LLC 404 9.1% 7.9% 6.750% +0.31 $5,190
2 United Wholesale Mortgage (UWM) 335 7.5% 4.0% 6.624% +0.24 $6,150
3 Movement Mortgage, LLC 209 4.7% 1.6% 6.750% +0.26 $5,240
4 State Employees' 188 4.2% 18.0% 6.500% −0.48 $4,900
5 DHI Mortgage Company, Ltd. 176 4.0% 6.3% 5.500% −0.99 $350
6 loanDepot.com, LLC 173 3.9% 37.0% 5.875% −0.73 $4,180
7 American Security Mortgage Corp. 134 3.0% 0.0% 6.625% +0.14 $4,480
8 Lennar Mortgage, LLC 107 2.4% 16.4% 6.000% −0.46 $1,230
9 Atlantic Bay Mortgage Group, L.L.C. 92 2.1% 2.5% 6.625% +0.19 $5,220
10 Freedom Mortgage Corporation 80 1.8% — — — —
11 Pulte Mortgage LLC 78 1.8% 0.0% 6.625% +0.12 $830
12 CrossCountry Mortgage, Inc. 78 1.8% 1.6% 6.990% +0.56 $7,240
13 Veterans United Home Loans 76 1.7% 7.9% — — —
14 First National Bank of Pennsylvania 76 1.7% 20.2% 6.500% +0.14 $6,250
15 Pennymac Loan Services, LLC 74 1.7% — — — —
16 Guild Mortgage Company 71 1.6% 2.8% 6.750% +0.30 $4,920
17 Bank of America, N.A. 66 1.5% 9.2% 6.000% −0.41 $3,050
18 Truist Bank 63 1.4% 2.1% 6.490% +0.08 $4,080
19 Union Home Mortgage Corp. 58 1.3% 2.1% 6.625% +0.19 $5,100
20 Wells Fargo Bank, N.A. 58 1.3% 17.2% 6.250% −0.11 $3,970
21 Rate 53 1.2% 8.3% — +0.27 —
22 Zillow Home Loans, LLC 51 1.1% 3.8% 6.625% +0.28 $5,710
23 Fairway Independent Mortgage Corporation 50 1.1% 4.0% 6.750% +0.42 $5,480
24 Newrez LLC 49 1.1% — — — —
25 254900yz174h294jw398 45 1.0% 0.0% 6.625% +0.04 $6,730

Lenders in Gaston County, NC. Loans = home-purchase, refinance and cash-out originations (2025); share = share of those loans here; denial rate = home-purchase applications. *Medians for conventional home-purchase loans, shown with at least 20 loans; spread = APR minus the average prime offer rate at rate lock (percentage points); costs = total loan costs (section D).

Check a quote for Gaston County

Typical effective property-tax rate 0.75% = median real estate taxes ÷ median home value, U.S. Census Bureau ACS 2020–2024 5-year estimates.

Nearby counties

CountyDistancePurchase loansMedian loanBuyer incomeConforming limitFHA limit
Lincoln County, NC14 mi1,191$355,000$121,000$832,750$541,287
Mecklenburg County, NC20 mi12,771$395,000$140,000$832,750$541,287
Cleveland County, NC22 mi816$255,000$83,000$832,750$541,287
York County, SC22 mi4,114$355,000$121,000$832,750$541,287
Catawba County, NC26 mi2,092$285,000$96,000$832,750$541,287
Cherokee County, SC30 mi381$235,000$77,000$832,750$541,287

Frequently asked questions

What is the 2026 conforming loan limit in Gaston County?

$832,750 for a one-unit home (FHFA). Two- to four-unit limits are $1,066,250, $1,288,800, $1,601,750. Loans above the limit are jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac.

What is the 2026 FHA loan limit in Gaston County?

$541,287 for a one-unit home (HUD). This is the national floor for low-cost areas.

How much do home buyers in Gaston County earn?

The median household income reported on 2025 home-purchase mortgages was $100,000; the middle half of buyers reported $71,000 to $147,000.

What mortgage rate did buyers in Gaston County get in 2025?

The median rate on 30-year fixed conventional purchase loans was 6.575%; FHA borrowers paid a median 6.125%. These are rates locked during 2025; check today's rates with several lenders.

How often are mortgage applications denied in Gaston County?

9.4% of completed home-purchase applications were denied in 2025; the most common stated reason was debt-to-income ratio.

Sources: FFIEC/CFPB HMDA 2025 public loan/application register (Snapshot as of June 1, 2026); FHFA 2026 conforming loan limits; HUD 2026 FHA forward-mortgage limits; U.S. Census Bureau. Figures describe typical 2025 loans, not your offer. Methodology