Banksouth Mortgage Company · Georgia · 2025

Banksouth Mortgage Company in Georgia: approval rate, denial rate and rates (2025)

Banksouth Mortgage Company took 2,387 mortgage applications in Georgia in 2025, ranking #46 of 1,201 lenders active in the state. It originated 80.9% of them and denied 3.9% (4.6% of the applications it decided), against a statewide denial rate of 19.2%.

2.4kApplicationsin GA
4.6%Decision denial ratestate 25.1%
6.25%Median ratestate 6.63%
$325,000Median loanstate $235,000
$750MVolume96 counties

Banksouth Mortgage Company in Georgia vs the state

3.9%Denial rate-15.28 pts vs state
4.6%Decision denial rate-20.44 pts vs state
80.9%Origination rate+26.85 pts vs state
6.25%Median rate-0.38 pts vs state
0.13Rate spread (pts)-0.14 pts vs state
$119kMedian applicant income
1,932Loans originated
94Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,9672,3564.1%6.50%#35
20242,7402,1823.5%6.63%#38
20252,3871,9323.9%6.25%#46

What Banksouth Mortgage Company lends in Georgia

By loan purpose

Home purchase 2,178 91% · 3.4% denied
Refinance 134 6% · 7.5% denied
Cash-out refinance 60 3% · 13.3% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 12 1% · 8.3% denied

By loan type

Conventional 1,461 61% · 2.7% denied
FHA 700 29% · 6.3% denied
VA 195 8% · 3.6% denied
USDA / RHS 31 1% · 9.7% denied

Why it denied Georgia applicants

Debt-to-income ratio 25 27%
Credit history 17 18%
Collateral 14 15%
Incomplete application 13 14%
Unverifiable information 11 12%
Insufficient cash 6 6%
Employment history 5 5%
Other 3 3%

Where in Georgia

Counties with the most Banksouth Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 31324510 3.2%
Cobb County 2371947 3.0%
DeKalb County 1551225 3.2%
Bartow County 1171041 0.9%
Gwinnett County 114903 2.6%
Chatham County 113829 8.0%
Cherokee County 100806 6.0%
Rockdale County 96835 5.2%
Lowndes County 92820 0.0%
Forsyth County 80681 1.3%

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: 2,387 applications in 2025, of which 1,932 were originated and 94 denied.

3.9% of all applications, or 4.6% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Banksouth Mortgage Company originated in Georgia in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Banksouth Mortgage Company'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