Largest lenders in Madison County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 90 | 66 | 20.0% | 6.69% |
| 2 | United Shore Financial Services | B | 86 | 62 | 10.5% | 6.31% |
| 3 | 21st Mortgage | F | 82 | 17 | 42.7% | 8.81% |
| 4 | Magnolia Bank | C | 54 | 53 | 0.0% | 6.38% |
| 5 | First-Citizens Bank & Trust | B | 45 | 30 | 31.1% | 6.15% |
| 6 | Vanderbilt Mortgage and Finance | F | 44 | 4 | 43.2% | 10.75% |
| 7 | United Community Bank | B | 37 | 27 | 13.5% | 6.50% |
| 8 | Pennymac Loan Services | C | 30 | 16 | 6.7% | 6.25% |
| 9 | Crosscountry Mortgage | B | 30 | 18 | 6.7% | 6.69% |
| 10 | Regions Bank | C | 28 | 14 | 28.6% | 6.13% |
| 11 | Freedom Mortgage | B | 27 | 9 | 18.5% | 6.25% |
| 12 | Georgia United | D | 24 | 15 | 25.0% | 7.50% |
| 13 | American Pacific Mortgage | C | 24 | 18 | 20.8% | 6.81% |
| 14 | Robins Financial | B | 23 | 11 | 47.8% | 6.00% |
| 15 | Newrez | D | 21 | 3 | 28.6% | 6.13% |
| 16 | Mortgage Research Center | C | 20 | 9 | 10.0% | 5.99% |
| 17 | Navy Federal Credit Union | D | 19 | 9 | 26.3% | 7.25% |
| 18 | Truist Bank | C | 18 | 5 | 61.1% | 7.24% |
| 19 | Bank of America | F | 17 | 2 | 76.5% | 6.62% |
| 20 | Fairway Independent Mortgage | B | 17 | 15 | 0.0% | 6.75% |
| 21 | Broker Solutions | D | 17 | 8 | 11.8% | 6.69% |
| 22 | City National Bank of Florida | B | 16 | 11 | 0.0% | 6.25% |
| 23 | The Commercial Bank | B | 16 | 14 | 6.3% | — |
| 24 | Loandepot.Com | D | 16 | 11 | 12.5% | 6.99% |
| 25 | Pinnacle Bank | C | 16 | 9 | 18.8% | — |
Best approval odds in Madison County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Magnolia Bank | 53 | 0.0% |
| 2 | United Shore Financial Services | 73 | 12.3% |
| 3 | Rocket Mortgage | 85 | 21.2% |
| 4 | 21st Mortgage | 55 | 63.6% |
What Madison County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Madison County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,122 | 603 | 22.9% | 6.88% | $185,000 |
| 2024 | 1,124 | 620 | 21.6% | 6.63% | $205,000 |
| 2025 | 1,319 | 714 | 21.8% | 6.58% | $185,000 |
Frequently asked questions
21.8% of applications in Madison County were denied in 2025, against 19.2% statewide in Georgia.
Rocket Mortgage, with 90 applications in 2025 and a denial rate of 20.0%.
The median mortgage application in Madison County in 2025 was for $185,000; the median property value on originated loans was $325,000.