CIBC Bank USA · Florida · 2025

CIBC Bank USA in Florida: approval rate, denial rate and rates (2025)

CIBC Bank USA took 69 mortgage applications in Florida in 2025, ranking #551 of 1,993 lenders active in the state. It originated 71.0% of them and denied 4.4% (5.8% of the applications it decided), against a statewide denial rate of 21.1%.

69Applicationsin FL
5.8%Decision denial ratestate 27.2%
5.75%Median ratestate 6.63%
$375,000Median loanstate $255,000
$69MVolume15 counties

CIBC Bank USA in Florida vs the state

4.4%Denial rate-16.71 pts vs state
5.8%Decision denial rate-21.47 pts vs state
71.0%Origination rate+18.32 pts vs state
5.75%Median rate-0.88 pts vs state
-0.16Rate spread (pts)-0.42 pts vs state
$246kMedian applicant income
49Loans originated
3Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023422914.3%5.63%#665
2024563121.4%6.25%#578
202569494.4%5.75%#551

What CIBC Bank USA lends in Florida

By loan purpose

Home purchase 53 77% · 5.7% denied
Refinance 6 9% · 0.0% denied
Cash-out refinance 3 4% · 0.0% denied
Home improvement 2 3% · 0.0% denied
Other / HELOC 5 7% · 0.0% denied

By loan type

Conventional 68 99% · 2.9% denied
FHA 1 1% · 100.0% denied

Why it denied Florida applicants

Collateral 1 33%
Unverifiable information 1 33%
Other 1 33%

Where in Florida

Counties with the most CIBC Bank USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 36232 5.6%
Miami-Dade County 840 0.0%
Sarasota County 440 0.0%
Lee County 440 0.0%
Collier County 430 0.0%
Pinellas County 201 50.0%
Broward County 220 0.0%
Hillsborough County 220 0.0%
Sumter County 110 0.0%
Orange County 110 0.0%

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: 69 applications in 2025, of which 49 were originated and 3 denied.

4.4% of all applications, or 5.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans CIBC Bank USA originated in Florida in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are CIBC Bank USA'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