Magnolia Bank in Georgia vs the state
6.1%Denial rate-13.10 pts vs state
6.9%Decision denial rate-18.19 pts vs state
82.4%Origination rate+28.33 pts vs state
6.25%Median rate-0.38 pts vs state
0.18Rate spread (pts)-0.09 pts vs state
$98kMedian applicant income
741Loans originated
55Denied
Trend in Georgia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 545 | 455 | 3.7% | 6.50% | #120 |
| 2024 | 752 | 627 | 6.0% | 6.49% | #104 |
| 2025 | 899 | 741 | 6.1% | 6.25% | #104 |
What Magnolia Bank lends in Georgia
By loan purpose
By loan type
Why it denied Georgia applicants
Where in Georgia
Counties with the most Magnolia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Carroll County | 109 | 92 | 5 | 4.6% |
| Haralson County | 63 | 58 | 1 | 1.6% |
| Troup County | 63 | 55 | 3 | 4.8% |
| Madison County | 54 | 53 | 0 | 0.0% |
| Jackson County | 32 | 30 | 1 | 3.1% |
| Elbert County | 31 | 26 | 1 | 3.2% |
| Paulding County | 28 | 23 | 0 | 0.0% |
| Newton County | 24 | 19 | 2 | 8.3% |
| Hart County | 24 | 18 | 4 | 16.7% |
| Effingham County | 24 | 23 | 1 | 4.2% |
Other large lenders in Georgia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 29,845 | 18.2% | 6.63% |
| United Shore Financial Services | B | 23,784 | 12.6% | 6.25% |
| Navy Federal Credit Union | D | 12,388 | 26.4% | 7.95% |
| Truist Bank | C | 10,563 | 38.7% | 6.49% |
| Pennymac Loan Services | C | 10,273 | 11.6% | 6.49% |
| Broker Solutions | D | 9,709 | 8.6% | 6.63% |
| Mortgage Research Center | C | 9,443 | 19.8% | 6.25% |
| Freedom Mortgage | B | 9,293 | 9.1% | 6.25% |
| Bank of America | F | 9,168 | 36.5% | 6.24% |
| Ameris Bank | B | 8,065 | 10.1% | 6.50% |
Frequently asked questions
Georgia: 899 applications in 2025, of which 741 were originated and 55 denied.
6.1% of all applications, or 6.9% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.
The median rate on loans Magnolia Bank originated in Georgia in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Magnolia 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