New Day Financial · Georgia · 2025

New Day Financial in Georgia: approval rate, denial rate and rates (2025)

New Day Financial took 3,040 mortgage applications in Georgia in 2025, ranking #37 of 1,201 lenders active in the state. It originated 17.8% of them and denied 23.1% (54.1% of the applications it decided), against a statewide denial rate of 19.2%.

3.0kApplicationsin GA
54.1%Decision denial ratestate 25.1%
6.99%Median ratestate 6.63%
$275,000Median loanstate $235,000
$153MVolume153 counties

New Day Financial in Georgia vs the state

23.1%Denial rate+3.87 pts vs state
54.1%Decision denial rate+29.01 pts vs state
17.8%Origination rate-36.26 pts vs state
6.99%Median rate+0.37 pts vs state
0.78Rate spread (pts)+0.51 pts vs state
$78kMedian applicant income
542Loans originated
702Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,23944023.5%7.50%#43
20242,88747825.3%7.75%#35
20253,04054223.1%6.99%#37

What New Day Financial lends in Georgia

By loan purpose

Home purchase 31 1% · 3.2% denied
Refinance 354 12% · 2.5% denied
Cash-out refinance 2,580 85% · 25.6% denied
Other / HELOC 75 2% · 41.3% denied

By loan type

Conventional 3 0% · 0.0% denied
FHA 102 3% · 44.1% denied
VA 2,935 97% · 22.4% denied

Why it denied Georgia applicants

Credit history 419 60%
Debt-to-income ratio 210 30%
Other 45 6%
Collateral 24 3%
Unverifiable information 3 0%
Employment history 1 0%

Where in Georgia

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeKalb County 1471842 28.6%
Muscogee County 1473331 21.1%
Henry County 1302041 31.5%
Gwinnett County 1202035 29.2%
Cobb County 1142327 23.7%
Houston County 1122330 26.8%
Fulton County 1111831 27.9%
Richmond County 1052622 21.0%
Clayton County 962032 33.3%
Chatham County 861617 19.8%

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: 3,040 applications in 2025, of which 542 were originated and 702 denied.

23.1% of all applications, or 54.1% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans New Day Financial originated in Georgia in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are New Day Financial'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