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Georgia Heritage FCU

Savannah, GA

Georgia Heritage FCU processed 71 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 46 loans with a 15.5% denial rate. Home Improvement was the primary loan purpose. Based in Savannah, GA. The approval rate of 64.8% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Georgia Heritage FCU's 64.8% origination rate tells you how often an application turned into funded money; the 15.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (71 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

71
Applications
46
Originated
15.5%
Denial Rate
$60,352
Avg Loan Amount
Avg Interest Rate: 8.712% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 71 46 11 $60,352

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Georgia Heritage FCU (LEI: 54930058TT77ICBGRI91) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
8
Debt-to-income ratio
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 44 33 $60,227
Other 23 12 $61,522
Refinancing 3 1 $65,000
Home Purchase 1 0 $25,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White * 49 65.3% 12.2%
Black or African American * 17 58.8% 23.5%
Asian * 1 100.0% 0.0%
Joint * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 66 65.2% 13.6%
Hispanic or Latino * 2 50.0% 50.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in GA

Other HMDA-reporting lenders in GA with similar activity. Compare any two side-by-side.

Amerisave Mortgage Company

SANDY SPRINGS, GA

107,775 apps 16,102 originated 69.0% denied

Ameris Bank

Atlanta, GA

20,452 apps 14,604 originated 7.8% denied

Equity Prime Mortgage LLC

Atlanta, GA

18,565 apps 10,954 originated 3.6% denied

Renasant Bank

JOHNS CREEK, GA

10,267 apps 7,420 originated 9.3% denied

Synovus Bank

COLUMBUS, GA

8,388 apps 5,114 originated 21.6% denied
Compare Georgia Heritage FCU vs Amerisave Mortgage Company →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Georgia Heritage FCU process?
Georgia Heritage FCU processed 71 mortgage applications in the 2024 HMDA reporting year. Of these, 46 were originated (approved and funded), 14 were withdrawn by the applicant, and 11 were denied.
What is Georgia Heritage FCU's mortgage approval rate?
Georgia Heritage FCU has an approval (origination) rate of 64.8%, meaning 64.8% of all applications resulted in a funded mortgage. The denial rate is 15.5%.
What is the average loan amount at Georgia Heritage FCU?
The average mortgage loan amount at Georgia Heritage FCU is $60,352. The average interest rate is 8.712%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at Georgia Heritage FCU?
The most common reasons for mortgage denial at Georgia Heritage FCU are: Credit history, Debt-to-income ratio. In total, 11 applications were denied out of 71 total applications.
What types of mortgage loans does Georgia Heritage FCU offer?
Georgia Heritage FCU processes Conventional loans. The most common type is Conventional with 71 applications and an average loan amount of $60,352.
What loan purposes does Georgia Heritage FCU serve?
Georgia Heritage FCU serves the following loan purposes: Home Improvement (44 applications), Other (23 applications), Refinancing (3 applications), Home Purchase (1 applications). Home Improvement is the most common purpose.
Where is Georgia Heritage FCU located?
Georgia Heritage FCU is headquartered in Savannah, GA. The lender is identified by LEI 54930058TT77ICBGRI91 in HMDA data.
How does Georgia Heritage FCU compare in lending across racial demographics?
Georgia Heritage FCU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 65.3% and denial rate of 12.2%; Black or African American applicants have an approval rate of 58.8% and denial rate of 23.5%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.