Broker Solutions · Florida · 2025

Broker Solutions in Florida: approval rate, denial rate and rates (2025)

Broker Solutions took 10,391 mortgage applications in Florida in 2025, ranking #21 of 1,993 lenders active in the state. It originated 37.4% of them and denied 10.8% (21.8% of the applications it decided), against a statewide denial rate of 21.1%.

10kApplicationsin FL
21.8%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$245,000Median loanstate $255,000
$1.1BVolume66 counties

Broker Solutions in Florida vs the state

10.8%Denial rate-10.30 pts vs state
21.8%Decision denial rate-5.41 pts vs state
37.4%Origination rate-15.34 pts vs state
6.75%Median rate+0.13 pts vs state
0.69Rate spread (pts)+0.42 pts vs state
$89kMedian applicant income
3,881Loans originated
1,118Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,4173,31110.1%6.75%#30
202410,5644,13912.0%6.75%#21
202510,3913,88110.8%6.75%#21

What Broker Solutions lends in Florida

By loan purpose

Home purchase 4,085 39% · 5.8% denied
Refinance 1,301 13% · 8.9% denied
Cash-out refinance 3,264 31% · 11.2% denied
Home improvement 487 5% · 16.4% denied
Other / HELOC 1,254 12% · 25.6% denied

By loan type

Conventional 5,180 50% · 9.5% denied
FHA 4,278 41% · 12.4% denied
VA 927 9% · 10.0% denied
USDA / RHS 6 0% · 0.0% denied

Why it denied Florida applicants

Credit history 576 52%
Debt-to-income ratio 141 13%
Collateral 134 12%
Other 129 12%
Unverifiable information 68 6%
Incomplete application 50 4%
Insufficient cash 14 1%
Employment history 6 1%

Where in Florida

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orange County 71427683 11.6%
Hillsborough County 70432669 9.8%
Broward County 58612976 13.0%
Lee County 58329148 8.2%
Polk County 56722454 9.5%
Miami-Dade County 53113669 13.0%
Palm Beach County 45913462 13.5%
Osceola County 41117153 12.9%
Duval County 40314638 9.4%
Pasco County 39017039 10.0%

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: 10,391 applications in 2025, of which 3,881 were originated and 1,118 denied.

10.8% of all applications, or 21.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Broker Solutions originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Broker Solutions'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