Cadence Bank in Florida vs the state
15.0%Denial rate-6.07 pts vs state
17.8%Decision denial rate-9.47 pts vs state
66.5%Origination rate+13.82 pts vs state
6.75%Median rate+0.13 pts vs state
0.17Rate spread (pts)-0.10 pts vs state
$168kMedian applicant income
417Loans originated
94Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 594 | 387 | 15.8% | 7.00% | #209 |
| 2024 | 603 | 398 | 16.4% | 7.00% | #214 |
| 2025 | 627 | 417 | 15.0% | 6.75% | #212 |
What Cadence Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Cadence Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bay County | 108 | 77 | 15 | 13.9% |
| Walton County | 87 | 67 | 11 | 12.6% |
| Okaloosa County | 58 | 46 | 8 | 13.8% |
| Escambia County | 49 | 34 | 5 | 10.2% |
| Brevard County | 42 | 28 | 2 | 4.8% |
| Sarasota County | 35 | 15 | 8 | 22.9% |
| Santa Rosa County | 31 | 19 | 5 | 16.1% |
| Citrus County | 28 | 12 | 11 | 39.3% |
| Hillsborough County | 23 | 12 | 5 | 21.7% |
| Pinellas County | 22 | 16 | 1 | 4.5% |
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: 627 applications in 2025, of which 417 were originated and 94 denied.
15.0% of all applications, or 17.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Cadence Bank originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Cadence 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