21st Mortgage · Florida · 2025

21st Mortgage in Florida: approval rate, denial rate and rates (2025)

21st Mortgage took 11,601 mortgage applications in Florida in 2025, ranking #18 of 1,993 lenders active in the state. It originated 18.1% of them and denied 49.0% (71.8% of the applications it decided), against a statewide denial rate of 21.1%.

12kApplicationsin FL
71.8%Decision denial ratestate 27.2%
9.61%Median ratestate 6.63%
$135,000Median loanstate $255,000
$289MVolume67 counties

21st Mortgage in Florida vs the state

49.0%Denial rate+27.95 pts vs state
71.8%Decision denial rate+44.52 pts vs state
18.1%Origination rate-34.61 pts vs state
9.61%Median rate+2.98 pts vs state
3.77Rate spread (pts)+3.50 pts vs state
$69kMedian applicant income
2,098Loans originated
5,686Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313,7482,44149.7%9.05%#11
202413,0832,31247.1%9.50%#14
202511,6012,09849.0%9.61%#18

What 21st Mortgage lends in Florida

By loan purpose

Home purchase 11,230 97% · 48.5% denied
Refinance 103 1% · 60.2% denied
Cash-out refinance 108 1% · 75.0% denied
Home improvement 85 1% · 69.4% denied
Other / HELOC 75 1% · 53.3% denied

By loan type

Conventional 11,601 100% · 49.0% denied

Why it denied Florida applicants

Credit history 2,786 49%
Debt-to-income ratio 2,199 39%
Incomplete application 283 5%
Insufficient cash 171 3%
Collateral 122 2%
Unverifiable information 77 1%
Other 38 1%
Employment history 10 0%

Where in Florida

Counties with the most 21st Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Duval County 862141497 57.7%
Marion County 594123288 48.5%
Polk County 59198278 47.0%
Hillsborough County 44468263 59.2%
Pasco County 35947174 48.5%
Orange County 33652194 57.7%
Suwannee County 33479148 44.3%
Alachua County 33155181 54.7%
Jackson County 32961153 46.5%
Bay County 31451137 43.6%

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: 11,601 applications in 2025, of which 2,098 were originated and 5,686 denied.

49.0% of all applications, or 71.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans 21st Mortgage originated in Florida in 2025 was 9.61%, against a statewide median of 6.63%.

About this data. Figures are 21st Mortgage'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