Lower · Georgia · 2025

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

Lower took 1,610 mortgage applications in Georgia in 2025, ranking #60 of 1,201 lenders active in the state. It originated 52.6% of them and denied 13.0% (19.5% of the applications it decided), against a statewide denial rate of 19.2%.

1.6kApplicationsin GA
19.5%Decision denial ratestate 25.1%
6.50%Median ratestate 6.63%
$265,000Median loanstate $235,000
$246MVolume122 counties

Lower in Georgia vs the state

13.0%Denial rate-6.18 pts vs state
19.5%Decision denial rate-5.54 pts vs state
52.6%Origination rate-1.54 pts vs state
6.50%Median rate-0.13 pts vs state
0.31Rate spread (pts)+0.04 pts vs state
$95kMedian applicant income
846Loans originated
210Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202353830017.1%6.75%#122
20241,49385313.1%6.63%#57
20251,61084613.0%6.50%#60

What Lower lends in Georgia

By loan purpose

Home purchase 878 55% · 8.9% denied
Refinance 161 10% · 13.7% denied
Cash-out refinance 570 35% · 19.1% denied
Other / HELOC 1 0% · 100.0% denied

By loan type

Conventional 742 46% · 8.1% denied
FHA 639 40% · 18.0% denied
VA 219 14% · 15.1% denied
USDA / RHS 10 1% · 20.0% denied

Why it denied Georgia applicants

Credit history 83 40%
Debt-to-income ratio 69 33%
Collateral 19 9%
Incomplete application 10 5%
Other 10 5%
Unverifiable information 8 4%
Employment history 7 3%
Insufficient cash 4 2%

Where in Georgia

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 1396727 19.4%
Gwinnett County 1286218 14.1%
DeKalb County 1165517 14.7%
Henry County 91569 9.9%
Cobb County 80409 11.3%
Clayton County 673117 25.4%
Cherokee County 56317 12.5%
Newton County 41178 19.5%
Hall County 37233 8.1%
Chatham County 34153 8.8%

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: 1,610 applications in 2025, of which 846 were originated and 210 denied.

13.0% of all applications, or 19.5% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

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

About this data. Figures are Lower'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