Addition Financial in Florida vs the state
31.6%Denial rate+10.57 pts vs state
39.1%Decision denial rate+11.82 pts vs state
44.4%Origination rate-8.30 pts vs state
6.50%Median rate-0.13 pts vs state
0.03Rate spread (pts)-0.24 pts vs state
$89kMedian applicant income
574Loans originated
409Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,535 | 511 | 46.1% | 7.75% | #105 |
| 2024 | 1,230 | 478 | 39.5% | 7.50% | #126 |
| 2025 | 1,293 | 574 | 31.6% | 6.50% | #127 |
What Addition Financial lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Addition Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orange County | 459 | 245 | 111 | 24.2% |
| Osceola County | 216 | 88 | 68 | 31.5% |
| Seminole County | 191 | 100 | 45 | 23.6% |
| Lake County | 126 | 58 | 36 | 28.6% |
| Volusia County | 62 | 27 | 18 | 29.0% |
| Leon County | 42 | 17 | 8 | 19.0% |
| Polk County | 36 | 8 | 18 | 50.0% |
| Brevard County | 13 | 6 | 6 | 46.2% |
| Gadsden County | 12 | 2 | 6 | 50.0% |
| Jackson County | 7 | 4 | 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: 1,293 applications in 2025, of which 574 were originated and 409 denied.
31.6% of all applications, or 39.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Addition Financial originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Addition Financial'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