RCN Capital in Georgia vs the state
55.3%Denial rate+36.08 pts vs state
56.6%Decision denial rate+31.54 pts vs state
42.4%Origination rate-11.70 pts vs state
7.92%Median rate+1.29 pts vs state
—Rate spread (pts)
—Median applicant income
220Loans originated
287Denied
Trend in Georgia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 613 | 282 | 16.8% | 7.90% | #110 |
| 2024 | 541 | 278 | 19.0% | 8.38% | #137 |
| 2025 | 519 | 220 | 55.3% | 7.92% | #149 |
What RCN Capital lends in Georgia
By loan purpose
By loan type
Why it denied Georgia applicants
Other large lenders in Georgia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 29,845 | 18.2% | 6.63% |
| United Shore Financial Services | B | 23,784 | 12.6% | 6.25% |
| Navy Federal Credit Union | D | 12,388 | 26.4% | 7.95% |
| Truist Bank | C | 10,563 | 38.7% | 6.49% |
| Pennymac Loan Services | C | 10,273 | 11.6% | 6.49% |
| Broker Solutions | D | 9,709 | 8.6% | 6.63% |
| Mortgage Research Center | C | 9,443 | 19.8% | 6.25% |
| Freedom Mortgage | B | 9,293 | 9.1% | 6.25% |
| Bank of America | F | 9,168 | 36.5% | 6.24% |
| Ameris Bank | B | 8,065 | 10.1% | 6.50% |
Frequently asked questions
Georgia: 519 applications in 2025, of which 220 were originated and 287 denied.
55.3% of all applications, or 56.6% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.
The median rate on loans RCN Capital originated in Georgia in 2025 was 7.92%, against a statewide median of 6.63%.
About this data. Figures are RCN Capital'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