BayFirst National Bank in Florida vs the state
28.7%Denial rate+7.59 pts vs state
30.6%Decision denial rate+3.36 pts vs state
60.3%Origination rate+7.60 pts vs state
7.50%Median rate+0.88 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$136kMedian applicant income
463Loans originated
220Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,009 | 715 | 21.2% | 8.50% | #148 |
| 2024 | 1,108 | 707 | 22.6% | 8.50% | #140 |
| 2025 | 768 | 463 | 28.7% | 7.50% | #186 |
What BayFirst National Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most BayFirst National Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sarasota County | 205 | 143 | 40 | 19.5% |
| Pinellas County | 177 | 100 | 58 | 32.8% |
| Manatee County | 132 | 81 | 30 | 22.7% |
| Hillsborough County | 124 | 61 | 48 | 38.7% |
| Pasco County | 51 | 30 | 18 | 35.3% |
| Charlotte County | 23 | 11 | 9 | 39.1% |
| Polk County | 12 | 8 | 4 | 33.3% |
| Hernando County | 11 | 7 | 4 | 36.4% |
| Lee County | 10 | 9 | 1 | 10.0% |
| Orange County | 7 | 3 | 3 | 42.9% |
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: 768 applications in 2025, of which 463 were originated and 220 denied.
28.7% of all applications, or 30.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans BayFirst National Bank originated in Florida in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are BayFirst National Bank'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