First Colony Mortgage · Georgia · 2025

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

First Colony Mortgage took 477 mortgage applications in Georgia in 2025, ranking #157 of 1,201 lenders active in the state. It originated 53.0% of them and denied 5.0% (6.8% of the applications it decided), against a statewide denial rate of 19.2%.

477Applicationsin GA
6.8%Decision denial ratestate 25.1%
6.50%Median ratestate 6.63%
$265,000Median loanstate $235,000
$80MVolume90 counties

First Colony Mortgage in Georgia vs the state

5.0%Denial rate-14.19 pts vs state
6.8%Decision denial rate-18.27 pts vs state
53.0%Origination rate-1.05 pts vs state
6.50%Median rate-0.13 pts vs state
0.24Rate spread (pts)-0.03 pts vs state
$107kMedian applicant income
253Loans originated
24Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372548.3%6.88%#368
20244332657.4%6.63%#152
20254772535.0%6.50%#157

What First Colony Mortgage lends in Georgia

By loan purpose

Home purchase 323 68% · 4.6% denied
Refinance 86 18% · 4.7% denied
Cash-out refinance 68 14% · 7.4% denied

By loan type

Conventional 301 63% · 5.3% denied
FHA 139 29% · 4.3% denied
VA 28 6% · 3.6% denied
USDA / RHS 9 2% · 11.1% denied

Why it denied Georgia applicants

Collateral 6 25%
Credit history 5 21%
Debt-to-income ratio 5 21%
Employment history 4 17%
Other 4 17%

Where in Georgia

Counties with the most First Colony Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gwinnett County 46322 4.3%
Bulloch County 34181 2.9%
Fulton County 32173 9.4%
Houston County 27122 7.4%
Laurens County 2384 17.4%
DeKalb County 21111 4.8%
Jones County 1690 0.0%
Pulaski County 1650 0.0%
Forsyth County 16120 0.0%
Crisp County 1360 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: 477 applications in 2025, of which 253 were originated and 24 denied.

5.0% of all applications, or 6.8% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans First Colony Mortgage originated in Georgia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are First Colony 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