Bank of England in Florida vs the state
5.4%Denial rate-15.70 pts vs state
7.0%Decision denial rate-20.26 pts vs state
70.5%Origination rate+17.85 pts vs state
6.75%Median rate+0.13 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$118kMedian applicant income
79Loans originated
6Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,265 | 1,601 | 7.7% | 6.63% | #77 |
| 2024 | 1,224 | 821 | 4.6% | 6.63% | #127 |
| 2025 | 112 | 79 | 5.4% | 6.75% | #463 |
What Bank of England lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Bank of England applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Okaloosa County | 38 | 30 | 1 | 2.6% |
| Bay County | 28 | 15 | 2 | 7.1% |
| Walton County | 10 | 8 | 0 | 0.0% |
| Santa Rosa County | 9 | 7 | 0 | 0.0% |
| Escambia County | 5 | 2 | 1 | 20.0% |
| Gulf County | 3 | 3 | 0 | 0.0% |
| Duval County | 2 | 2 | 0 | 0.0% |
| Washington County | 2 | 2 | 0 | 0.0% |
| Palm Beach County | 2 | 1 | 0 | 0.0% |
| Jackson County | 1 | 1 | 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: 112 applications in 2025, of which 79 were originated and 6 denied.
5.4% of all applications, or 7.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Bank of England originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Bank of England'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