Baycoast Mortgage Company · Florida · 2025

Baycoast Mortgage Company in Florida: approval rate, denial rate and rates (2025)

Baycoast Mortgage Company took 23 mortgage applications in Florida in 2025, ranking #738 of 1,993 lenders active in the state. It originated 56.5% of them and denied 8.7% (13.3% of the applications it decided), against a statewide denial rate of 21.1%.

23Applicationsin FL
13.3%Decision denial ratestate 27.2%
6.38%Median ratestate 6.63%
$435,000Median loanstate $255,000
$6.9MVolume9 counties

Baycoast Mortgage Company in Florida vs the state

8.7%Denial rate-12.36 pts vs state
13.3%Decision denial rate-13.91 pts vs state
56.5%Origination rate+3.83 pts vs state
6.38%Median rate-0.25 pts vs state
-0.07Rate spread (pts)-0.34 pts vs state
$171kMedian applicant income
13Loans originated
2Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322159.1%6.50%#813
202420170.0%6.63%#773
202523138.7%6.38%#738

What Baycoast Mortgage Company lends in Florida

By loan purpose

Home purchase 17 74% · 11.8% denied
Refinance 4 17% · 0.0% denied
Other / HELOC 2 9% · 0.0% denied

By loan type

Conventional 20 87% · 10.0% denied
VA 3 13% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 1 50%
Insufficient cash 1 50%

Where in Florida

Counties with the most Baycoast Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 740 0.0%
Hillsborough County 530 0.0%
Lee County 312 66.7%
Broward County 210 0.0%
Charlotte County 210 0.0%
Manatee County 110 0.0%
St. Lucie County 110 0.0%
Duval County 110 0.0%
Brevard 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: 23 applications in 2025, of which 13 were originated and 2 denied.

8.7% of all applications, or 13.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Baycoast Mortgage Company originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Baycoast Mortgage Company'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