Synovus Bank · Georgia · 2025

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

Synovus Bank took 3,969 mortgage applications in Georgia in 2025, ranking #24 of 1,201 lenders active in the state. It originated 64.9% of them and denied 19.8% (22.8% of the applications it decided), against a statewide denial rate of 19.2%.

4.0kApplicationsin GA
22.8%Decision denial ratestate 25.1%
7.50%Median ratestate 6.63%
$205,000Median loanstate $235,000
$970MVolume126 counties

Synovus Bank in Georgia vs the state

19.8%Denial rate+0.56 pts vs state
22.8%Decision denial rate-2.23 pts vs state
64.9%Origination rate+10.81 pts vs state
7.50%Median rate+0.88 pts vs state
0.59Rate spread (pts)+0.32 pts vs state
$125kMedian applicant income
2,576Loans originated
785Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,4123,50620.3%8.05%#18
20244,2082,64120.6%8.55%#25
20253,9692,57619.8%7.50%#24

What Synovus Bank lends in Georgia

By loan purpose

Home purchase 1,535 39% · 6.5% denied
Refinance 794 20% · 20.4% denied
Cash-out refinance 125 3% · 16.8% denied
Home improvement 639 16% · 31.5% denied
Other / HELOC 876 22% · 34.5% denied

By loan type

Conventional 3,535 89% · 21.4% denied
FHA 258 7% · 8.1% denied
VA 155 4% · 3.2% denied
USDA / RHS 21 1% · 4.8% denied

Why it denied Georgia applicants

Debt-to-income ratio 441 56%
Other 126 16%
Credit history 119 15%
Collateral 50 6%
Unverifiable information 48 6%
Incomplete application 1 0%

Where in Georgia

Counties with the most Synovus Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Muscogee County 43030347 10.9%
Fulton County 37522195 25.3%
Houston County 22916919 8.3%
Cobb County 18212937 20.3%
Clarke County 14910221 14.1%
Harris County 1379321 15.3%
Troup County 1329719 14.4%
DeKalb County 1318822 16.8%
Chatham County 1217923 19.0%
Gwinnett County 1157033 28.7%

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: 3,969 applications in 2025, of which 2,576 were originated and 785 denied.

19.8% of all applications, or 22.8% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Synovus Bank originated in Georgia in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Synovus 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