Baxter Credit Union · Florida · 2025

Baxter Credit Union in Florida: approval rate, denial rate and rates (2025)

Baxter Credit Union took 320 mortgage applications in Florida in 2025, ranking #295 of 1,993 lenders active in the state. It originated 46.9% of them and denied 26.3% (27.2% of the applications it decided), against a statewide denial rate of 21.1%.

320Applicationsin FL
27.2%Decision denial ratestate 27.2%
7.25%Median ratestate 6.63%
$125,000Median loanstate $255,000
$48MVolume40 counties

Baxter Credit Union in Florida vs the state

26.3%Denial rate+5.19 pts vs state
27.2%Decision denial rate-0.06 pts vs state
46.9%Origination rate-5.81 pts vs state
7.25%Median rate+0.63 pts vs state
0.15Rate spread (pts)-0.12 pts vs state
$144kMedian applicant income
150Loans originated
84Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338819628.1%8.13%#272
202432315926.0%8.13%#304
202532015026.3%7.25%#295

What Baxter Credit Union lends in Florida

By loan purpose

Home purchase 59 18% · 3.4% denied
Refinance 23 7% · 21.7% denied
Cash-out refinance 56 18% · 28.6% denied
Home improvement 98 31% · 25.5% denied
Other / HELOC 84 26% · 42.9% denied

By loan type

Conventional 320 100% · 26.3% denied

Why it denied Florida applicants

Debt-to-income ratio 49 58%
Credit history 23 27%
Collateral 8 10%
Incomplete application 2 2%
Insufficient cash 1 1%
Other 1 1%

Where in Florida

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 461613 28.3%
Broward County 35145 14.3%
Palm Beach County 27154 14.8%
Polk County 1997 36.8%
Orange County 17121 5.9%
Hillsborough County 1695 31.3%
Pinellas County 15101 6.7%
Volusia County 1365 38.5%
Osceola County 1235 41.7%
Marion County 1053 30.0%

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: 320 applications in 2025, of which 150 were originated and 84 denied.

26.3% of all applications, or 27.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Baxter Credit Union originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Baxter Credit Union'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