BNY Mellon in Florida vs the state
10.7%Denial rate-10.35 pts vs state
13.0%Decision denial rate-14.20 pts vs state
70.2%Origination rate+17.55 pts vs state
6.00%Median rate-0.63 pts vs state
-0.11Rate spread (pts)-0.38 pts vs state
$598kMedian applicant income
59Loans originated
9Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 130 | 93 | 8.5% | 5.88% | #442 |
| 2024 | 64 | 48 | 7.8% | 6.19% | #557 |
| 2025 | 84 | 59 | 10.7% | 6.00% | #515 |
What BNY Mellon lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most BNY Mellon applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 17 | 10 | 2 | 11.8% |
| Miami-Dade County | 12 | 6 | 3 | 25.0% |
| Collier County | 7 | 5 | 0 | 0.0% |
| Lee County | 6 | 3 | 1 | 16.7% |
| Pinellas County | 5 | 3 | 0 | 0.0% |
| Walton County | 5 | 4 | 0 | 0.0% |
| Orange County | 4 | 2 | 1 | 25.0% |
| Hillsborough County | 4 | 4 | 0 | 0.0% |
| Monroe County | 4 | 2 | 2 | 50.0% |
| Manatee County | 3 | 3 | 0 | 0.0% |
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: 84 applications in 2025, of which 59 were originated and 9 denied.
10.7% of all applications, or 13.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans BNY Mellon originated in Florida in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are BNY Mellon'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