Mortgage Refinancing in Georgia
Real refinance data for Georgia from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
14,581
2023 HMDA data
Avg Loan Amount
$389,775
National: $410,429
Denial Rate
29.89%
▼ Above national avg
Median Home Value
$272,900
U.S. Census Bureau
Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Georgia
Originations by Year
Refinance originations in Georgia by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Georgia
Source: FHFA House Price Index
Top Lenders in Georgia
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Rocket Mortgage LLC | 33,899 | - |
| 2 | Rocket Mortgage LLC | 22,286 | - |
| 3 | Pennymac Loan Services LLC | 20,646 | - |
| 4 | Truist Bank | 19,769 | - |
| 5 | Wells Fargo Bank National Association | 16,603 | - |
| 6 | United Shore Financial Services LLC | 16,566 | - |
| 7 | Pennymac Loan Services LLC | 16,542 | - |
| 8 | United Wholesale Mortgage LLC | 15,914 | - |
| 9 | Bank Of America National Association | 14,643 | - |
| 10 | Truist Bank | 14,157 | - |
Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.
Compare all lenders →How Georgia Compares
| Metric | Georgia | National Avg |
|---|---|---|
| Refinance Originations | 14,581 | 435,709 |
| Avg Loan Amount | $389,775 | $410,429 |
| Denial Rate | 29.89% | 27.87% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.38%
▲ 6.22% prev
15-Year Fixed
5.75%
▲ 5.54% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Georgia in 2023?
In 2023, there were 14,581 refinance originations in Georgia, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Georgia?
The average refinance loan amount in Georgia was $389,775 in 2023. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Georgia?
The refinance denial rate in Georgia was 29.89% in 2023. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Georgia?
The most active lenders in Georgia by HMDA filing volume include Rocket Mortgage LLC, Rocket Mortgage LLC, Pennymac Loan Services LLC. See the full list above for details.
Is it a good time to refinance in Georgia?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Georgia, including tips, regulations, and state programs.
Read the Georgia Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.