Security Federal Bank · Georgia · 2025

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

Security Federal Bank took 79 mortgage applications in Georgia in 2025, ranking #373 of 1,201 lenders active in the state. It originated 77.2% of them and denied 7.6% (8.7% of the applications it decided), against a statewide denial rate of 19.2%.

79Applicationsin GA
8.7%Decision denial ratestate 25.1%
6.50%Median ratestate 6.63%
$225,000Median loanstate $235,000
$18MVolume10 counties

Security Federal Bank in Georgia vs the state

7.6%Denial rate-11.63 pts vs state
8.7%Decision denial rate-16.37 pts vs state
77.2%Origination rate+23.13 pts vs state
6.50%Median rate-0.13 pts vs state
-0.05Rate spread (pts)-0.32 pts vs state
$108kMedian applicant income
61Loans originated
6Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231499713.4%5.63%#258
202495457.4%6.49%#341
202579617.6%6.50%#373

What Security Federal Bank lends in Georgia

By loan purpose

Home purchase 59 75% · 8.5% denied
Refinance 10 13% · 0.0% denied
Cash-out refinance 6 8% · 16.7% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 3 4% · 0.0% denied

By loan type

Conventional 71 90% · 5.6% denied
FHA 3 4% · 33.3% denied
VA 4 5% · 25.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Georgia applicants

Debt-to-income ratio 3 50%
Credit history 2 33%
Employment history 1 17%

Where in Georgia

Counties with the most Security Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richmond County 36283 8.3%
Columbia County 32242 6.3%
Jefferson County 311 33.3%
Wilkes County 220 0.0%
McDuffie County 110 0.0%
Lincoln County 110 0.0%
Rabun County 110 0.0%
Liberty County 110 0.0%
Glynn County 110 0.0%
Forsyth County 110 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: 79 applications in 2025, of which 61 were originated and 6 denied.

7.6% of all applications, or 8.7% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

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

About this data. Figures are Security Federal 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