Citadel Servicing · Florida · 2025

Citadel Servicing in Florida: approval rate, denial rate and rates (2025)

Citadel Servicing took 2,110 mortgage applications in Florida in 2025, ranking #90 of 1,993 lenders active in the state. It originated 57.9% of them and denied 4.0% (4.3% of the applications it decided), against a statewide denial rate of 21.1%.

2.1kApplicationsin FL
4.3%Decision denial ratestate 27.2%
7.38%Median ratestate 6.63%
$315,000Median loanstate $255,000
$597MVolume52 counties

Citadel Servicing in Florida vs the state

4.0%Denial rate-17.03 pts vs state
4.3%Decision denial rate-22.95 pts vs state
57.9%Origination rate+5.22 pts vs state
7.38%Median rate+0.75 pts vs state
1.01Rate spread (pts)+0.74 pts vs state
$235kMedian applicant income
1,222Loans originated
85Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,1221,1414.1%8.87%#81
20242,4351,3464.1%8.25%#76
20252,1101,2224.0%7.38%#90

What Citadel Servicing lends in Florida

By loan purpose

Home purchase 1,105 52% · 2.5% denied
Refinance 201 10% · 7.0% denied
Cash-out refinance 804 38% · 5.4% denied

By loan type

Conventional 2,109 100% · 4.0% denied
FHA 1 0% · 0.0% denied

Why it denied Florida applicants

Other 34 40%
Collateral 28 33%
Credit history 10 12%
Debt-to-income ratio 6 7%
Unverifiable information 4 5%
Insufficient cash 3 4%

Where in Florida

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 49127216 3.3%
Broward County 29316219 6.5%
Palm Beach County 1941343 1.5%
Orange County 138828 5.8%
Lee County 110653 2.7%
Pinellas County 77410 0.0%
Hillsborough County 76424 5.3%
Osceola County 64412 3.1%
Polk County 56354 7.1%
Duval County 44281 2.3%

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: 2,110 applications in 2025, of which 1,222 were originated and 85 denied.

4.0% of all applications, or 4.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Citadel Servicing originated in Florida in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Citadel Servicing'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