PeoplesSouth Bank · Georgia · 2025

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

PeoplesSouth Bank took 74 mortgage applications in Georgia in 2025, ranking #385 of 1,201 lenders active in the state. It originated 82.4% of them and denied 10.8% (11.6% of the applications it decided), against a statewide denial rate of 19.2%.

74Applicationsin GA
11.6%Decision denial ratestate 25.1%
7.25%Median ratestate 6.63%
$85,000Median loanstate $235,000
$8.7MVolume22 counties

PeoplesSouth Bank in Georgia vs the state

10.8%Denial rate-8.41 pts vs state
11.6%Decision denial rate-13.48 pts vs state
82.4%Origination rate+28.34 pts vs state
7.25%Median rate+0.63 pts vs state
Rate spread (pts)
$90kMedian applicant income
61Loans originated
8Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202392864.4%8.25%#332
202495914.2%8.50%#340
2025746110.8%7.25%#385

What PeoplesSouth Bank lends in Georgia

By loan purpose

Home purchase 27 36% · 7.4% denied
Refinance 10 14% · 20.0% denied
Cash-out refinance 11 15% · 9.1% denied
Home improvement 2 3% · 50.0% denied
Other / HELOC 24 32% · 8.3% denied

By loan type

Conventional 74 100% · 10.8% denied

Why it denied Georgia applicants

Credit history 7 88%
Debt-to-income ratio 1 13%

Where in Georgia

Counties with the most PeoplesSouth Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dougherty County 13130 0.0%
Sumter County 990 0.0%
Decatur County 981 11.1%
Lee County 770 0.0%
Early County 651 16.7%
Miller County 640 0.0%
Seminole County 523 60.0%
Mitchell County 320 0.0%
Clay County 210 0.0%
Terrell County 211 50.0%

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: 74 applications in 2025, of which 61 were originated and 8 denied.

10.8% of all applications, or 11.6% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans PeoplesSouth Bank originated in Georgia in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are PeoplesSouth 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