Pennymac Loan Services · Georgia · 2025

Pennymac Loan Services in Georgia: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 10,273 mortgage applications in Georgia in 2025, ranking #5 of 1,201 lenders active in the state. It originated 51.3% of them and denied 11.6% (17.8% of the applications it decided), against a statewide denial rate of 19.2%.

10kApplicationsin GA
17.8%Decision denial ratestate 25.1%
6.49%Median ratestate 6.63%
$255,000Median loanstate $235,000
$1.6BVolume149 counties

Pennymac Loan Services in Georgia vs the state

11.6%Denial rate-7.60 pts vs state
17.8%Decision denial rate-7.23 pts vs state
51.3%Origination rate-2.77 pts vs state
6.49%Median rate-0.13 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$110kMedian applicant income
5,272Loans originated
1,194Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,7963,26414.2%6.62%#13
20247,8593,89012.6%6.50%#10
202510,2735,27211.6%6.49%#5

What Pennymac Loan Services lends in Georgia

By loan purpose

Home purchase 2,140 21% · 11.7% denied
Refinance 3,291 32% · 6.7% denied
Cash-out refinance 2,688 26% · 16.3% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 2,152 21% · 13.2% denied

By loan type

Conventional 5,221 51% · 11.9% denied
FHA 3,164 31% · 12.8% denied
VA 1,864 18% · 8.7% denied
USDA / RHS 24 0% · 25.0% denied

Why it denied Georgia applicants

Debt-to-income ratio 392 33%
Collateral 219 18%
Credit history 208 17%
Incomplete application 199 17%
Unverifiable information 70 6%
Insufficient cash 51 4%
Other 44 4%
Employment history 10 1%
Mortgage insurance denied 1 0%

Where in Georgia

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gwinnett County 853430111 13.0%
Fulton County 853444115 13.5%
Cobb County 71936276 10.6%
DeKalb County 53524794 17.6%
Chatham County 41024043 10.5%
Forsyth County 38024131 8.2%
Henry County 35114854 15.4%
Cherokee County 34419145 13.1%
Paulding County 26212937 14.1%
Clayton County 25010044 17.6%

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%
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%
NewrezD 7,88021.5%6.63%

Frequently asked questions

Georgia: 10,273 applications in 2025, of which 5,272 were originated and 1,194 denied.

11.6% of all applications, or 17.8% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Pennymac Loan Services originated in Georgia in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Pennymac Loan Services'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