SRP Federal Credit Union · Georgia · 2025

SRP Federal Credit Union in Georgia: approval rate, denial rate and rates (2025)

SRP Federal Credit Union took 501 mortgage applications in Georgia in 2025, ranking #152 of 1,201 lenders active in the state. It originated 60.5% of them and denied 18.2% (22.4% of the applications it decided), against a statewide denial rate of 19.2%.

501Applicationsin GA
22.4%Decision denial ratestate 25.1%
6.25%Median ratestate 6.63%
$105,000Median loanstate $235,000
$69MVolume24 counties

SRP Federal Credit Union in Georgia vs the state

18.2%Denial rate-1.06 pts vs state
22.4%Decision denial rate-2.66 pts vs state
60.5%Origination rate+6.39 pts vs state
6.25%Median rate-0.38 pts vs state
0.05Rate spread (pts)-0.22 pts vs state
$86kMedian applicant income
303Loans originated
91Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338725116.8%6.38%#154
202441328119.1%6.50%#156
202550130318.2%6.25%#152

What SRP Federal Credit Union lends in Georgia

By loan purpose

Home purchase 131 26% · 22.1% denied
Refinance 17 3% · 17.7% denied
Cash-out refinance 85 17% · 14.1% denied
Home improvement 114 23% · 6.1% denied
Other / HELOC 154 31% · 26.0% denied

By loan type

Conventional 477 95% · 17.8% denied
FHA 13 3% · 38.5% denied
VA 11 2% · 9.1% denied

Why it denied Georgia applicants

Credit history 33 61%
Debt-to-income ratio 11 20%
Collateral 8 15%
Other 1 2%
Insufficient cash 1 2%

Where in Georgia

Counties with the most SRP Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Columbia County 19612834 17.3%
Richmond County 18910135 18.5%
McDuffie County 26158 30.8%
Burke County 25172 8.0%
Lincoln County 18123 16.7%
Warren County 1073 30.0%
Jefferson County 971 11.1%
Fulton County 531 20.0%
Chatham County 330 0.0%
Newton 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: 501 applications in 2025, of which 303 were originated and 91 denied.

18.2% of all applications, or 22.4% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans SRP Federal Credit Union originated in Georgia in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are SRP Federal Credit Union'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