Armed Forces Bank in Florida vs the state
18.3%Denial rate-2.81 pts vs state
27.1%Decision denial rate-0.18 pts vs state
48.4%Origination rate-4.28 pts vs state
5.75%Median rate-0.88 pts vs state
-0.61Rate spread (pts)-0.88 pts vs state
$131kMedian applicant income
61Loans originated
23Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 119 | 59 | 12.6% | 6.25% | #451 |
| 2024 | 129 | 69 | 14.7% | 6.13% | #445 |
| 2025 | 126 | 61 | 18.3% | 5.75% | #445 |
What Armed Forces Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bay County | 13 | 10 | 0 | 0.0% |
| Orange County | 12 | 4 | 1 | 8.3% |
| Brevard County | 10 | 7 | 0 | 0.0% |
| Hillsborough County | 8 | 3 | 1 | 12.5% |
| Charlotte County | 7 | 2 | 2 | 28.6% |
| Palm Beach County | 7 | 2 | 3 | 42.9% |
| Pasco County | 6 | 1 | 3 | 50.0% |
| Pinellas County | 6 | 3 | 1 | 16.7% |
| Miami-Dade County | 5 | 1 | 1 | 20.0% |
| Lake County | 5 | 2 | 2 | 40.0% |
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: 126 applications in 2025, of which 61 were originated and 23 denied.
18.3% of all applications, or 27.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Armed Forces Bank originated in Florida in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are Armed Forces Bank'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