American Financial Network · Florida · 2025

American Financial Network in Florida: approval rate, denial rate and rates (2025)

American Financial Network took 3,215 mortgage applications in Florida in 2025, ranking #64 of 1,993 lenders active in the state. It originated 53.6% of them and denied 12.8% (18.9% of the applications it decided), against a statewide denial rate of 21.1%.

3.2kApplicationsin FL
18.9%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$295,000Median loanstate $255,000
$574MVolume62 counties

American Financial Network in Florida vs the state

12.8%Denial rate-8.31 pts vs state
18.9%Decision denial rate-8.32 pts vs state
53.6%Origination rate+0.93 pts vs state
6.75%Median rate+0.13 pts vs state
0.60Rate spread (pts)+0.33 pts vs state
$97kMedian applicant income
1,724Loans originated
410Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,6401,9549.5%6.88%#56
20243,2311,84610.1%7.00%#59
20253,2151,72412.8%6.75%#64

What American Financial Network lends in Florida

By loan purpose

Home purchase 2,462 77% · 12.4% denied
Refinance 205 6% · 14.2% denied
Cash-out refinance 548 17% · 13.9% denied

By loan type

Conventional 1,802 56% · 13.8% denied
FHA 1,171 36% · 13.0% denied
VA 228 7% · 3.1% denied
USDA / RHS 14 0% · 14.3% denied

Why it denied Florida applicants

Debt-to-income ratio 151 37%
Credit history 79 19%
Other 70 17%
Collateral 52 13%
Unverifiable information 27 7%
Incomplete application 23 6%
Employment history 8 2%

Where in Florida

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 32220823 7.1%
Hillsborough County 23211639 16.8%
Lee County 21811121 9.6%
Broward County 2107948 22.9%
Miami-Dade County 2028147 23.3%
Alachua County 1811274 2.2%
Pinellas County 17110216 9.4%
Pasco County 1487016 10.8%
Orange County 1467130 20.5%
Palm Beach County 1336516 12.0%

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: 3,215 applications in 2025, of which 1,724 were originated and 410 denied.

12.8% of all applications, or 18.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans American Financial Network originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are American Financial Network'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