Bank of Madison · Georgia · 2025

Bank of Madison in Georgia: approval rate, denial rate and rates (2025)

Bank of Madison took 69 mortgage applications in Georgia in 2025, ranking #395 of 1,201 lenders active in the state. It originated 79.7% of them and denied 10.1% (11.3% of the applications it decided), against a statewide denial rate of 19.2%.

69Applicationsin GA
11.3%Decision denial ratestate 25.1%
Median ratestate 6.63%
$215,000Median loanstate $235,000
$19MVolume14 counties

Bank of Madison in Georgia vs the state

10.1%Denial rate-9.08 pts vs state
11.3%Decision denial rate-13.78 pts vs state
79.7%Origination rate+25.62 pts vs state
Median rate
Rate spread (pts)
$124kMedian applicant income
55Loans originated
7Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202365524.6%#383
202453471.9%#426
2025695510.1%#395

What Bank of Madison lends in Georgia

By loan purpose

Home purchase 33 48% · 12.1% denied
Refinance 33 48% · 6.1% denied
Cash-out refinance 2 3% · 50.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 68 99% · 8.8% denied
FHA 1 1% · 100.0% denied

Where in Georgia

Counties with the most Bank of Madison applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Morgan County 33235 15.2%
Putnam County 1090 0.0%
Walton County 651 16.7%
Newton County 541 20.0%
Greene County 330 0.0%
Oconee County 320 0.0%
Madison County 220 0.0%
Burke County 110 0.0%
Spalding County 110 0.0%
Cobb County 110 0.0%

Other large lenders in Georgia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 29,84518.2%6.63%
United Shore Financial ServicesB 23,78412.6%6.25%
Navy Federal Credit UnionD 12,38826.4%7.95%
Truist BankC 10,56338.7%6.49%
Pennymac Loan ServicesC 10,27311.6%6.49%
Broker SolutionsD 9,7098.6%6.63%
Mortgage Research CenterC 9,44319.8%6.25%
Freedom MortgageB 9,2939.1%6.25%
Bank of AmericaF 9,16836.5%6.24%
Ameris BankB 8,06510.1%6.50%

Frequently asked questions

Georgia: 69 applications in 2025, of which 55 were originated and 7 denied.

10.1% of all applications, or 11.3% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bank of Madison's own HMDA filing for properties located in Georgia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology