NexBank · Georgia · 2025

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

NexBank took 635 mortgage applications in Georgia in 2025, ranking #130 of 1,201 lenders active in the state. It originated 76.9% of them and denied 8.5% (9.9% of the applications it decided), against a statewide denial rate of 19.2%.

635Applicationsin GA
9.9%Decision denial ratestate 25.1%
6.50%Median ratestate 6.63%
$345,000Median loanstate $235,000
$206MVolume67 counties

NexBank in Georgia vs the state

8.5%Denial rate-10.72 pts vs state
9.9%Decision denial rate-15.20 pts vs state
76.9%Origination rate+22.76 pts vs state
6.50%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.14 pts vs state
$145kMedian applicant income
488Loans originated
54Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235624484.1%6.75%#114
20247615857.0%6.63%#103
20256354888.5%6.50%#130

What NexBank lends in Georgia

By loan purpose

Home purchase 511 80% · 7.4% denied
Refinance 71 11% · 16.9% denied
Cash-out refinance 33 5% · 9.1% denied
Other / HELOC 20 3% · 5.0% denied

By loan type

Conventional 598 94% · 8.7% denied
FHA 21 3% · 4.8% denied
VA 16 3% · 6.3% denied

Why it denied Georgia applicants

Collateral 18 33%
Debt-to-income ratio 15 28%
Unverifiable information 11 20%
Other 7 13%
Insufficient cash 3 6%

Where in Georgia

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 926313 14.1%
Chatham County 76626 7.9%
Gwinnett County 71606 8.5%
Cobb County 66506 9.1%
DeKalb County 53397 13.2%
Forsyth County 38273 7.9%
Cherokee County 34283 8.8%
Hall County 13101 7.7%
Glynn County 1281 8.3%
Barrow County 1091 10.0%

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: 635 applications in 2025, of which 488 were originated and 54 denied.

8.5% of all applications, or 9.9% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

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

About this data. Figures are NexBank'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