NFM · Georgia · 2025

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

NFM took 720 mortgage applications in Georgia in 2025, ranking #118 of 1,201 lenders active in the state. It originated 71.0% of them and denied 3.5% (4.7% of the applications it decided), against a statewide denial rate of 19.2%.

720Applicationsin GA
4.7%Decision denial ratestate 25.1%
6.75%Median ratestate 6.63%
$295,000Median loanstate $235,000
$164MVolume81 counties

NFM in Georgia vs the state

3.5%Denial rate-15.75 pts vs state
4.7%Decision denial rate-20.42 pts vs state
71.0%Origination rate+16.88 pts vs state
6.75%Median rate+0.13 pts vs state
0.47Rate spread (pts)+0.20 pts vs state
$104kMedian applicant income
511Loans originated
25Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238815774.2%6.99%#87
20247895462.9%6.99%#101
20257205113.5%6.75%#118

What NFM lends in Georgia

By loan purpose

Home purchase 610 85% · 3.4% denied
Refinance 51 7% · 2.0% denied
Cash-out refinance 41 6% · 4.9% denied
Other / HELOC 18 3% · 5.6% denied

By loan type

Conventional 369 51% · 2.2% denied
FHA 279 39% · 5.4% denied
VA 68 9% · 2.9% denied
USDA / RHS 4 1% · 0.0% denied

Why it denied Georgia applicants

Debt-to-income ratio 10 40%
Collateral 5 20%
Insufficient cash 4 16%
Credit history 3 12%
Other 2 8%
Unverifiable information 1 4%

Where in Georgia

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Walton County 89722 2.2%
Newton County 57341 1.8%
Coweta County 38291 2.6%
Chatham County 35222 5.7%
Fulton County 30211 3.3%
Gwinnett County 30192 6.7%
Henry County 29203 10.3%
DeKalb County 28211 3.6%
Cobb County 26190 0.0%
Clayton County 25170 0.0%

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: 720 applications in 2025, of which 511 were originated and 25 denied.

3.5% of all applications, or 4.7% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans NFM originated in Georgia in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are NFM'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