1st Source Bank in Florida vs the state
15.6%Denial rate-5.43 pts vs state
16.7%Decision denial rate-10.57 pts vs state
68.8%Origination rate+16.06 pts vs state
7.19%Median rate+0.56 pts vs state
0.20Rate spread (pts)-0.06 pts vs state
$241kMedian applicant income
22Loans originated
5Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 52 | 36 | 9.6% | 7.56% | #620 |
| 2024 | 25 | 14 | 24.0% | 8.50% | #728 |
| 2025 | 32 | 22 | 15.6% | 7.19% | #676 |
What 1st Source Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most 1st Source Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Collier County | 6 | 3 | 2 | 33.3% |
| Lee County | 5 | 4 | 1 | 20.0% |
| Sarasota County | 5 | 3 | 1 | 20.0% |
| Manatee County | 4 | 2 | 0 | 0.0% |
| Charlotte County | 3 | 2 | 0 | 0.0% |
| Broward County | 3 | 3 | 0 | 0.0% |
| Wakulla County | 1 | 1 | 0 | 0.0% |
| Orange County | 1 | 0 | 1 | 100.0% |
| Marion County | 1 | 1 | 0 | 0.0% |
| Highlands County | 1 | 1 | 0 | 0.0% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 32 applications in 2025, of which 22 were originated and 5 denied.
15.6% of all applications, or 16.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans 1st Source Bank originated in Florida in 2025 was 7.19%, against a statewide median of 6.63%.
About this data. Figures are 1st Source Bank'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