Southern First Bank · Georgia · 2025

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

Southern First Bank took 194 mortgage applications in Georgia in 2025, ranking #252 of 1,201 lenders active in the state. It originated 71.1% of them and denied 4.6% (5.8% of the applications it decided), against a statewide denial rate of 19.2%.

194Applicationsin GA
5.8%Decision denial ratestate 25.1%
6.88%Median ratestate 6.63%
$425,000Median loanstate $235,000
$80MVolume34 counties

Southern First Bank in Georgia vs the state

4.6%Denial rate-14.58 pts vs state
5.8%Decision denial rate-19.30 pts vs state
71.1%Origination rate+17.04 pts vs state
6.88%Median rate+0.25 pts vs state
0.22Rate spread (pts)-0.05 pts vs state
$213kMedian applicant income
138Loans originated
9Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231801226.7%6.99%#241
20242271527.1%7.13%#218
20251941384.6%6.88%#252

What Southern First Bank lends in Georgia

By loan purpose

Home purchase 120 62% · 4.2% denied
Refinance 30 15% · 6.7% denied
Cash-out refinance 10 5% · 10.0% denied
Home improvement 22 11% · 0.0% denied
Other / HELOC 12 6% · 8.3% denied

By loan type

Conventional 170 88% · 4.7% denied
FHA 23 12% · 4.4% denied
VA 1 1% · 0.0% denied

Why it denied Georgia applicants

Debt-to-income ratio 5 56%
Other 4 44%

Where in Georgia

Counties with the most Southern First Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 76485 6.6%
Cobb County 32260 0.0%
DeKalb County 30242 6.7%
Gwinnett County 1061 10.0%
Forsyth County 411 25.0%
Greene County 330 0.0%
Cherokee County 320 0.0%
Rabun County 330 0.0%
Henry County 310 0.0%
Carroll County 210 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: 194 applications in 2025, of which 138 were originated and 9 denied.

4.6% of all applications, or 5.8% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Southern First Bank originated in Georgia in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Southern First 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