Flagstar Bank · Georgia · 2025

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

Flagstar Bank took 643 mortgage applications in Georgia in 2025, ranking #129 of 1,201 lenders active in the state. It originated 54.6% of them and denied 30.0% (35.0% of the applications it decided), against a statewide denial rate of 19.2%.

643Applicationsin GA
35.0%Decision denial ratestate 25.1%
6.38%Median ratestate 6.63%
$275,000Median loanstate $235,000
$121MVolume93 counties

Flagstar Bank in Georgia vs the state

30.0%Denial rate+10.80 pts vs state
35.0%Decision denial rate+9.89 pts vs state
54.6%Origination rate+0.50 pts vs state
6.38%Median rate-0.25 pts vs state
0.13Rate spread (pts)-0.14 pts vs state
$108kMedian applicant income
351Loans originated
193Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,6801,61821.5%6.97%#39
20242,3371,43023.9%6.63%#44
202564335130.0%6.38%#129

What Flagstar Bank lends in Georgia

By loan purpose

Home purchase 376 58% · 31.1% denied
Refinance 70 11% · 27.1% denied
Cash-out refinance 179 28% · 28.5% denied
Home improvement 1 0% · 100.0% denied
Other / HELOC 17 3% · 29.4% denied

By loan type

Conventional 381 59% · 29.7% denied
FHA 204 32% · 29.9% denied
VA 46 7% · 23.9% denied
USDA / RHS 12 2% · 66.7% denied

Why it denied Georgia applicants

Incomplete application 102 53%
Debt-to-income ratio 52 27%
Collateral 13 7%
Credit history 12 6%
Other 11 6%
Insufficient cash 2 1%
Unverifiable information 1 1%

Where in Georgia

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 773724 31.2%
Cobb County 694115 21.7%
DeKalb County 402313 32.5%
Gwinnett County 341213 38.2%
Cherokee County 27149 33.3%
Chatham County 21136 28.6%
Bartow County 21710 47.6%
Lee County 19163 15.8%
Forsyth County 1995 26.3%
Richmond County 14103 21.4%

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: 643 applications in 2025, of which 351 were originated and 193 denied.

30.0% of all applications, or 35.0% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Flagstar Bank originated in Georgia in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Flagstar 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