Alkan Mortgage · Florida · 2025

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

Alkan Mortgage took 914 mortgage applications in Florida in 2025, ranking #164 of 1,993 lenders active in the state. It originated 65.8% of them and denied 5.1% (6.7% of the applications it decided), against a statewide denial rate of 21.1%.

914Applicationsin FL
6.7%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$295,000Median loanstate $255,000
$204MVolume39 counties

Alkan Mortgage in Florida vs the state

5.1%Denial rate-15.92 pts vs state
6.7%Decision denial rate-20.51 pts vs state
65.8%Origination rate+13.06 pts vs state
6.75%Median rate+0.13 pts vs state
0.57Rate spread (pts)+0.30 pts vs state
$107kMedian applicant income
601Loans originated
47Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023430517.9%12.99%#252
20249198287.1%6.88%#161
20259146015.1%6.75%#164

What Alkan Mortgage lends in Florida

By loan purpose

Home purchase 750 82% · 4.3% denied
Refinance 51 6% · 5.9% denied
Cash-out refinance 113 12% · 10.6% denied

By loan type

Conventional 584 64% · 4.6% denied
FHA 257 28% · 7.8% denied
VA 72 8% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 13 28%
Collateral 13 28%
Insufficient cash 7 15%
Credit history 7 15%
Other 3 6%
Unverifiable information 2 4%
Employment history 1 2%
Incomplete application 1 2%

Where in Florida

Counties with the most Alkan Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orange County 1751175 2.9%
Volusia County 123826 4.9%
Brevard County 120759 7.5%
Polk County 96668 8.3%
Seminole County 87551 1.1%
Lake County 79496 7.6%
Osceola County 70396 8.6%
Highlands County 26210 0.0%
Marion County 18141 5.6%
Pinellas County 1280 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: 914 applications in 2025, of which 601 were originated and 47 denied.

5.1% of all applications, or 6.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Alkan Mortgage originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Alkan 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