First Option Mortgage · Georgia · 2025

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

First Option Mortgage took 1,202 mortgage applications in Georgia in 2025, ranking #79 of 1,201 lenders active in the state. It originated 69.6% of them and denied 2.7% (3.3% of the applications it decided), against a statewide denial rate of 19.2%.

1.2kApplicationsin GA
3.3%Decision denial ratestate 25.1%
7.00%Median ratestate 6.63%
$285,000Median loanstate $235,000
$238MVolume60 counties

First Option Mortgage in Georgia vs the state

2.7%Denial rate-16.56 pts vs state
3.3%Decision denial rate-21.77 pts vs state
69.6%Origination rate+15.46 pts vs state
7.00%Median rate+0.38 pts vs state
0.77Rate spread (pts)+0.50 pts vs state
$96kMedian applicant income
836Loans originated
32Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8451,2713.0%7.13%#49
20242,0381,4043.2%7.13%#46
20251,2028362.7%7.00%#79

What First Option Mortgage lends in Georgia

By loan purpose

Home purchase 1,051 87% · 2.8% denied
Refinance 63 5% · 3.2% denied
Cash-out refinance 88 7% · 1.1% denied

By loan type

Conventional 820 68% · 2.3% denied
FHA 366 30% · 3.3% denied
VA 11 1% · 9.1% denied
USDA / RHS 5 0% · 0.0% denied

Why it denied Georgia applicants

Collateral 11 34%
Debt-to-income ratio 9 28%
Unverifiable information 6 19%
Credit history 3 9%
Employment history 3 9%

Where in Georgia

Counties with the most First Option Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gwinnett County 38227610 2.6%
DeKalb County 1571134 2.5%
Cobb County 138895 3.6%
Fulton County 54360 0.0%
Clayton County 52312 3.8%
Hall County 48380 0.0%
Barrow County 42241 2.4%
Douglas County 35253 8.6%
Cherokee County 32260 0.0%
Paulding County 28160 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: 1,202 applications in 2025, of which 836 were originated and 32 denied.

2.7% of all applications, or 3.3% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans First Option Mortgage originated in Georgia in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are First Option 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