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Navy Federal Credit Union in Georgia

HMDA record for properties in Georgia, calendar year 2024. National record · Georgia overview

LEI 5493003GQDUH26DNNH17
Reporting agency Consumer Financial Protection Bureau
State Georgia

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Georgia, Navy Federal Credit Union reported 13,303 applications and 5,575 originations for 2024, $973m in all.

Its denial rate in the state was 39.1%, above the Georgia rate of 26.9% across all lenders and compared with the lender's national rate of 34.3%.

The median rate spread on its Georgia originations was 1.4 percentage points (state median 0.4).

Applications in the state were about level with 2023.

13,303applications in GA, 20247.3% of the lender's total
5,575loans originated$973m
39.1%denial rateGA all lenders 26.9%
1.4 ppmedian rate spreadGA 0.4 pp

Compared with the state and the lender's national record

MeasureIn GeorgiaGeorgia, all lendersNavy Federal Credit Union, all statesUnited States
Denial rate39.1%26.9%34.3%24.3%
Median rate spread, pp1.40.40.90.3
Originations with spread of 1.5 pp or more47.5%17.5%39.5%15.6%
Average originated loan$174k$313k$216k$329k
Home purchase share29.5%57.0%37.2%57.0%
FHA-insured share0.0%18.3%0.0%13.4%
VA-guaranteed share17.6%11.6%20.8%7.9%

Trend by year

ApplicationsOriginations

06651.513,3032022: 12,661 Applications2023: 13,242 Applications2024: 13,303 Applications2022: 5,333 Originations2023: 5,058 Originations2024: 5,575 Originations202220232024
Navy Federal Credit Union in Georgia: applications and originations, 2022–2024

This lender in stateGeorgia, all lenders

0%23.4%46.8%2022: 42.6% This lender in state2023: 46.8% This lender in state2024: 39.1% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Georgia

By purpose

Home purchase 30% (1,645)Home improvement 29% (1,603)Refinancing 2% (134)Cash-out refinancing 10% (555)Other purpose 29% (1,638)

By type

Conventional 82% (4,595)VA 18% (980)

Denial reasons as coded

Debt-to-income ratio43.4%
Credit history22%
Other20.5%
Collateral4.9%
Unverifiable information4.5%
Credit application incomplete3%
Employment history1.2%
Insufficient cash (downpayment, closing costs)0.5%
Mortgage insurance denied0%

Share of 3,658 denials in Georgia by first denial reason coded (outlined bar: all lenders in the state).

Counties in Georgia

CountyApplicationsOriginationsAmountDenial rate
Gwinnett County1,275537$86m38.0%
Fulton County1,257466$90m44.3%
Cobb County976423$82m35.6%
DeKalb County965348$56m44.8%
Columbia County493255$44m27.5%
Henry County729248$39m50.9%
Chatham County539229$37m38.5%
Camden County435229$37m24.5%
Cherokee County317153$32m32.6%
Clayton County492148$16m53.2%
Houston County278144$29m27.0%
Richmond County296125$19m36.1%
Paulding County260120$18m35.3%
Forsyth County235119$28m28.1%
Liberty County261117$20m34.8%
Douglas County311116$18m45.1%
Fayette County224104$25m36.7%
Muscogee County286100$14m46.8%
Rockdale County26098$14m45.2%
Bryan County14779$15m27.5%
Newton County22376$12m52.7%
Coweta County17971$13m40.0%
Walton County13064$10m36.0%
Effingham County11856$9.0m37.8%
Hall County11556$12m34.8%
Lowndes County10555$10m31.7%
Glynn County9444$8.3m40.0%
Jackson County9244$7.8m33.8%
Carroll County10438$6.0m49.4%
Long County7438$9.6m35.6%
Lee County6938$6.2m27.8%
Bibb County11037$5.6m44.9%
Bartow County8037$6.3m34.5%
Barrow County8736$8.8m38.3%
Dougherty County8834$4.4m46.2%
Spalding County7532$4.5m31.3%
Harris County7429$4.1m40.8%
Bulloch County6328$6.5m37.8%
Floyd County4022$4.7m29.0%
Troup County4320$1.9m39.4%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Navy Federal Credit Union originate in Georgia in 2024?

5,575 loans totalling $973m, from 13,303 applications reported for properties in Georgia.

What is Navy Federal Credit Union's denial rate in Georgia?

39.1% of decided applications in Georgia were denied, against 26.9% for all lenders in the state and 34.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Georgia counties does Navy Federal Credit Union lend in most?

By originations: Gwinnett County (537), Fulton County (466), Cobb County (423), DeKalb County (348), Columbia County (255).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Georgia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.