BoxCar Mortgage · Georgia · 2025

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

BoxCar Mortgage took 1,508 mortgage applications in Georgia in 2025, ranking #63 of 1,201 lenders active in the state. It originated 81.8% of them and denied 1.1% (1.3% of the applications it decided), against a statewide denial rate of 19.2%.

1.5kApplicationsin GA
1.3%Decision denial ratestate 25.1%
6.49%Median ratestate 6.63%
$365,000Median loanstate $235,000
$552MVolume88 counties

BoxCar Mortgage in Georgia vs the state

1.1%Denial rate-18.09 pts vs state
1.3%Decision denial rate-23.76 pts vs state
81.8%Origination rate+27.74 pts vs state
6.49%Median rate-0.13 pts vs state
0.18Rate spread (pts)-0.09 pts vs state
$13,304kMedian applicant income
1,234Loans originated
17Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4641,0462.9%6.62%#58
20241,5351,1312.7%6.63%#56
20251,5081,2341.1%6.49%#63

What BoxCar Mortgage lends in Georgia

By loan purpose

Home purchase 1,331 88% · 1.1% denied
Refinance 99 7% · 2.0% denied
Cash-out refinance 78 5% · 1.3% denied

By loan type

Conventional 1,158 77% · 0.5% denied
FHA 250 17% · 3.6% denied
VA 88 6% · 2.3% denied
USDA / RHS 12 1% · 0.0% denied

Why it denied Georgia applicants

Debt-to-income ratio 6 35%
Collateral 4 24%
Credit history 3 18%
Other 2 12%
Employment history 1 6%
Unverifiable information 1 6%

Where in Georgia

Counties with the most BoxCar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 4463623 0.7%
DeKalb County 4443633 0.7%
Cobb County 1191010 0.0%
Lowndes County 87733 3.4%
Gwinnett County 69551 1.4%
Cherokee County 26260 0.0%
Tift County 23190 0.0%
Berrien County 1492 14.3%
Bulloch County 13120 0.0%
Clarke County 1390 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: 1,508 applications in 2025, of which 1,234 were originated and 17 denied.

1.1% of all applications, or 1.3% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans BoxCar Mortgage originated in Georgia in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are BoxCar Mortgage'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