Bank of Springfield · Florida · 2025

Bank of Springfield in Florida: approval rate, denial rate and rates (2025)

Bank of Springfield took 21 mortgage applications in Florida in 2025, ranking #752 of 1,993 lenders active in the state. It originated 85.7% of them and denied 9.5% (10.0% of the applications it decided), against a statewide denial rate of 21.1%.

21Applicationsin FL
10.0%Decision denial ratestate 27.2%
6.83%Median ratestate 6.63%
$335,000Median loanstate $255,000
$12MVolume9 counties

Bank of Springfield in Florida vs the state

9.5%Denial rate-11.54 pts vs state
10.0%Decision denial rate-17.24 pts vs state
85.7%Origination rate+33.02 pts vs state
6.83%Median rate+0.21 pts vs state
0.56Rate spread (pts)+0.29 pts vs state
$224kMedian applicant income
18Loans originated
2Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321179.5%6.90%#820
202420165.0%7.10%#775
202521189.5%6.83%#752

What Bank of Springfield lends in Florida

By loan purpose

Home purchase 17 81% · 11.8% denied
Refinance 3 14% · 0.0% denied
Cash-out refinance 1 5% · 0.0% denied

By loan type

Conventional 21 100% · 9.5% denied

Why it denied Florida applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in Florida

Counties with the most Bank of Springfield applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sumter County 440 0.0%
Collier County 440 0.0%
Lee County 421 25.0%
Sarasota County 220 0.0%
Broward County 220 0.0%
Pinellas County 211 50.0%
Orange County 110 0.0%
Santa Rosa County 110 0.0%
Duval County 110 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: 21 applications in 2025, of which 18 were originated and 2 denied.

9.5% of all applications, or 10.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Bank of Springfield originated in Florida in 2025 was 6.83%, against a statewide median of 6.63%.

About this data. Figures are Bank of Springfield'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