Discover Bank · Georgia · 2025

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

Discover Bank took 3,087 mortgage applications in Georgia in 2025, ranking #35 of 1,201 lenders active in the state. It originated 15.1% of them and denied 55.6% (78.0% of the applications it decided), against a statewide denial rate of 19.2%.

3.1kApplicationsin GA
78.0%Decision denial ratestate 25.1%
8.75%Median ratestate 6.63%
$75,000Median loanstate $235,000
$42MVolume132 counties

Discover Bank in Georgia vs the state

55.6%Denial rate+36.37 pts vs state
78.0%Decision denial rate+52.97 pts vs state
15.1%Origination rate-38.99 pts vs state
8.75%Median rate+2.13 pts vs state
2.12Rate spread (pts)+1.85 pts vs state
$105kMedian applicant income
466Loans originated
1,716Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310,4401,75846.0%9.24%#6
20249,7021,77950.7%8.86%#6
20253,08746655.6%8.75%#35

What Discover Bank lends in Georgia

By loan purpose

Home purchase 168 5% · 54.2% denied
Refinance 502 16% · 54.6% denied
Home improvement 876 28% · 45.9% denied
Other / HELOC 1,541 50% · 61.6% denied

By loan type

Conventional 3,087 100% · 55.6% denied

Why it denied Georgia applicants

Credit history 826 48%
Debt-to-income ratio 289 17%
Incomplete application 268 16%
Collateral 162 9%
Other 145 8%
Unverifiable information 20 1%
Employment history 6 0%

Where in Georgia

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gwinnett County 41460233 56.3%
Fulton County 29746172 57.9%
Cobb County 26539141 53.2%
DeKalb County 21127134 63.5%
Forsyth County 1632974 45.4%
Cherokee County 1302263 48.5%
Chatham County 87951 58.6%
Henry County 74952 70.3%
Clayton County 72546 63.9%
Coweta County 561030 53.6%

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: 3,087 applications in 2025, of which 466 were originated and 1,716 denied.

55.6% of all applications, or 78.0% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Discover Bank originated in Georgia in 2025 was 8.75%, against a statewide median of 6.63%.

About this data. Figures are Discover Bank'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