Alcova Mortgage · Florida · 2025

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

Alcova Mortgage took 210 mortgage applications in Florida in 2025, ranking #358 of 1,993 lenders active in the state. It originated 75.2% of them and denied 4.3% (4.8% of the applications it decided), against a statewide denial rate of 21.1%.

210Applicationsin FL
4.8%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$275,000Median loanstate $255,000
$54MVolume42 counties

Alcova Mortgage in Florida vs the state

4.3%Denial rate-16.77 pts vs state
4.8%Decision denial rate-22.40 pts vs state
75.2%Origination rate+22.55 pts vs state
6.63%Median rate0.00 pts vs state
0.26Rate spread (pts)-0.01 pts vs state
$95kMedian applicant income
158Loans originated
9Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202316711112.0%6.88%#410
20241771237.9%6.75%#392
20252101584.3%6.63%#358

What Alcova Mortgage lends in Florida

By loan purpose

Home purchase 183 87% · 4.9% denied
Refinance 27 13% · 0.0% denied

By loan type

Conventional 115 55% · 2.6% denied
FHA 64 30% · 6.3% denied
VA 27 13% · 7.4% denied
USDA / RHS 4 2% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 4 44%
Other 2 22%
Credit history 1 11%
Insufficient cash 1 11%
Collateral 1 11%

Where in Florida

Counties with the most Alcova Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Duval County 33215 15.2%
Citrus County 23192 8.7%
Marion County 13120 0.0%
Clay County 1361 7.7%
Lake County 1090 0.0%
Volusia County 980 0.0%
Orange County 870 0.0%
Pasco County 841 12.5%
Hernando County 880 0.0%
Polk County 740 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: 210 applications in 2025, of which 158 were originated and 9 denied.

4.3% of all applications, or 4.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are Alcova 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