Farmers & Merchants Bank · Georgia · 2025

Farmers & Merchants Bank in Georgia: approval rate, denial rate and rates (2025)

Farmers & Merchants Bank took 339 mortgage applications in Georgia in 2025, ranking #191 of 1,201 lenders active in the state. It originated 86.7% of them and denied 6.2% (6.4% of the applications it decided), against a statewide denial rate of 19.2%.

339Applicationsin GA
6.4%Decision denial ratestate 25.1%
Median ratestate 6.63%
$65,000Median loanstate $235,000
$40MVolume24 counties

Farmers & Merchants Bank in Georgia vs the state

6.2%Denial rate-13.03 pts vs state
6.4%Decision denial rate-18.67 pts vs state
86.7%Origination rate+32.64 pts vs state
Median rate
Rate spread (pts)
$74kMedian applicant income
294Loans originated
21Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233042693.6%#173
20243322974.8%#178
20253392946.2%#191

What Farmers & Merchants Bank lends in Georgia

By loan purpose

Home purchase 107 32% · 11.2% denied
Refinance 197 58% · 1.0% denied
Home improvement 27 8% · 14.8% denied
Other / HELOC 8 2% · 37.5% denied

By loan type

Conventional 339 100% · 6.2% denied

Where in Georgia

Counties with the most Farmers & Merchants Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lowndes County 86772 2.3%
Lanier County 78628 10.3%
Berrien County 75599 12.0%
Clinch County 50490 0.0%
Cook County 17160 0.0%
Brooks County 550 0.0%
Ware County 550 0.0%
Thomas County 330 0.0%
Atkinson County 321 33.3%
Pierce County 220 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: 339 applications in 2025, of which 294 were originated and 21 denied.

6.2% of all applications, or 6.4% 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 Farmers & Merchants 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