BankPlus · Florida · 2025

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

BankPlus took 179 mortgage applications in Florida in 2025, ranking #388 of 1,993 lenders active in the state. It originated 60.9% of them and denied 11.2% (14.9% of the applications it decided), against a statewide denial rate of 21.1%.

179Applicationsin FL
14.9%Decision denial ratestate 27.2%
6.50%Median ratestate 6.63%
$405,000Median loanstate $255,000
$59MVolume18 counties

BankPlus in Florida vs the state

11.2%Denial rate-9.89 pts vs state
14.9%Decision denial rate-12.31 pts vs state
60.9%Origination rate+8.20 pts vs state
6.50%Median rate-0.13 pts vs state
-0.02Rate spread (pts)-0.28 pts vs state
$221kMedian applicant income
109Loans originated
20Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333218712.1%6.75%#297
20242421719.1%6.63%#350
202517910911.2%6.50%#388

What BankPlus lends in Florida

By loan purpose

Home purchase 148 83% · 10.8% denied
Refinance 15 8% · 13.3% denied
Cash-out refinance 3 2% · 66.7% denied
Home improvement 5 3% · 0.0% denied
Other / HELOC 8 4% · 0.0% denied

By loan type

Conventional 145 81% · 11.7% denied
FHA 7 4% · 14.3% denied
VA 27 15% · 7.4% denied

Why it denied Florida applicants

Debt-to-income ratio 11 55%
Collateral 6 30%
Credit history 1 5%
Other 1 5%
Insufficient cash 1 5%

Where in Florida

Counties with the most BankPlus applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Walton County 59367 11.9%
Okaloosa County 46275 10.9%
Bay County 30193 10.0%
Escambia County 1362 15.4%
Santa Rosa County 1191 9.1%
Jackson County 430 0.0%
Sarasota County 310 0.0%
Lee County 201 50.0%
Gulf County 220 0.0%
Holmes County 100 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: 179 applications in 2025, of which 109 were originated and 20 denied.

11.2% of all applications, or 14.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans BankPlus originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are BankPlus'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