1st Signature Lending · Florida · 2025

1st Signature Lending in Florida: approval rate, denial rate and rates (2025)

1st Signature Lending took 220 mortgage applications in Florida in 2025, ranking #353 of 1,993 lenders active in the state. It originated 60.5% of them and denied 3.2% (5.0% of the applications it decided), against a statewide denial rate of 21.1%.

220Applicationsin FL
5.0%Decision denial ratestate 27.2%
5.88%Median ratestate 6.63%
$265,000Median loanstate $255,000
$36MVolume1 counties

1st Signature Lending in Florida vs the state

3.2%Denial rate-17.88 pts vs state
5.0%Decision denial rate-22.24 pts vs state
60.5%Origination rate+7.76 pts vs state
5.88%Median rate-0.75 pts vs state
0.28Rate spread (pts)+0.01 pts vs state
$84kMedian applicant income
133Loans originated
7Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319611315.3%6.88%#385
20241921188.9%6.50%#385
20252201333.2%5.88%#353

What 1st Signature Lending lends in Florida

By loan purpose

Home purchase 208 95% · 3.4% denied
Refinance 10 5% · 0.0% denied
Cash-out refinance 2 1% · 0.0% denied

By loan type

Conventional 4 2% · 0.0% denied
FHA 152 69% · 2.6% denied
VA 52 24% · 3.9% denied
USDA / RHS 12 5% · 8.3% denied

Why it denied Florida applicants

Debt-to-income ratio 4 57%
Credit history 2 29%
Employment history 1 14%

Where in Florida

Counties with the most 1st Signature Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 100 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 220 applications in 2025, of which 133 were originated and 7 denied.

3.2% of all applications, or 5.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans 1st Signature Lending originated in Florida in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are 1st Signature Lending's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology