TOWER Federal Credit Union · Georgia · 2025

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

TOWER Federal Credit Union took 108 mortgage applications in Georgia in 2025, ranking #326 of 1,201 lenders active in the state. It originated 55.6% of them and denied 30.6% (35.5% of the applications it decided), against a statewide denial rate of 19.2%.

108Applicationsin GA
35.5%Decision denial ratestate 25.1%
7.00%Median ratestate 6.63%
$145,000Median loanstate $235,000
$9.9MVolume28 counties

TOWER Federal Credit Union in Georgia vs the state

30.6%Denial rate+11.34 pts vs state
35.5%Decision denial rate+10.41 pts vs state
55.6%Origination rate+1.47 pts vs state
7.00%Median rate+0.38 pts vs state
-0.17Rate spread (pts)-0.44 pts vs state
$165kMedian applicant income
60Loans originated
33Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023995136.4%7.00%#319
20241418031.2%7.87%#276
20251086030.6%7.00%#326

What TOWER Federal Credit Union lends in Georgia

By loan purpose

Home purchase 15 14% · 33.3% denied
Refinance 3 3% · 0.0% denied
Cash-out refinance 10 9% · 30.0% denied
Home improvement 51 47% · 29.4% denied
Other / HELOC 29 27% · 34.5% denied

By loan type

Conventional 108 100% · 30.6% denied

Why it denied Georgia applicants

Debt-to-income ratio 19 58%
Credit history 8 24%
Other 6 18%

Where in Georgia

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

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 24109 37.5%
DeKalb County 1584 26.7%
Cobb County 13103 23.1%
Gwinnett County 935 55.6%
Cherokee County 871 12.5%
Forsyth County 540 0.0%
Paulding County 532 40.0%
Columbia County 330 0.0%
Chatham County 330 0.0%
Henry County 202 100.0%

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: 108 applications in 2025, of which 60 were originated and 33 denied.

30.6% of all applications, or 35.5% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans TOWER Federal Credit Union originated in Georgia in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are TOWER 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