Better Mortgage in Florida vs the state
31.8%Denial rate+10.70 pts vs state
54.0%Decision denial rate+26.79 pts vs state
26.2%Origination rate-26.53 pts vs state
7.38%Median rate+0.75 pts vs state
0.68Rate spread (pts)+0.41 pts vs state
$150kMedian applicant income
1,004Loans originated
1,219Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,437 | 581 | 8.9% | 6.25% | #112 |
| 2024 | 1,459 | 481 | 16.9% | 6.50% | #106 |
| 2025 | 3,838 | 1,004 | 31.8% | 7.38% | #55 |
What Better Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 415 | 91 | 166 | 40.0% |
| Broward County | 403 | 108 | 142 | 35.2% |
| Palm Beach County | 323 | 77 | 100 | 31.0% |
| Orange County | 272 | 81 | 71 | 26.1% |
| Hillsborough County | 248 | 63 | 69 | 27.8% |
| Lee County | 169 | 57 | 57 | 33.7% |
| Pinellas County | 164 | 48 | 49 | 29.9% |
| Duval County | 160 | 57 | 44 | 27.5% |
| Pasco County | 135 | 38 | 39 | 28.9% |
| Seminole County | 109 | 29 | 25 | 22.9% |
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: 3,838 applications in 2025, of which 1,004 were originated and 1,219 denied.
31.8% of all applications, or 54.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Better Mortgage originated in Florida in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Better Mortgage'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