Citibank · Florida · 2025

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

Citibank took 1,766 mortgage applications in Florida in 2025, ranking #103 of 1,993 lenders active in the state. It originated 32.0% of them and denied 21.0% (38.2% of the applications it decided), against a statewide denial rate of 21.1%.

1.8kApplicationsin FL
38.2%Decision denial ratestate 27.2%
6.25%Median ratestate 6.63%
$255,000Median loanstate $255,000
$565MVolume46 counties

Citibank in Florida vs the state

21.0%Denial rate-0.11 pts vs state
38.2%Decision denial rate+10.94 pts vs state
32.0%Origination rate-20.70 pts vs state
6.25%Median rate-0.38 pts vs state
-0.12Rate spread (pts)-0.39 pts vs state
$154kMedian applicant income
565Loans originated
370Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4247009.3%5.50%#116
20242,00561523.8%6.38%#90
20251,76656521.0%6.25%#103

What Citibank lends in Florida

By loan purpose

Home purchase 734 42% · 11.3% denied
Refinance 86 5% · 5.8% denied
Cash-out refinance 126 7% · 23.8% denied
Home improvement 393 22% · 32.6% denied
Other / HELOC 427 24% · 29.0% denied

By loan type

Conventional 1,716 97% · 21.2% denied
FHA 43 2% · 11.6% denied
VA 7 0% · 14.3% denied

Why it denied Florida applicants

Debt-to-income ratio 175 47%
Credit history 86 23%
Collateral 61 16%
Other 32 9%
Unverifiable information 11 3%
Insufficient cash 2 1%
Mortgage insurance denied 1 0%
Incomplete application 1 0%
Employment history 1 0%

Where in Florida

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 500152111 22.2%
Broward County 3309584 25.5%
Palm Beach County 30110568 22.6%
Hillsborough County 943811 11.7%
Orange County 501711 22.0%
Collier County 41187 17.1%
Duval County 36131 2.8%
Lee County 3173 9.7%
Pasco County 2845 17.9%
Pinellas County 28161 3.6%

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: 1,766 applications in 2025, of which 565 were originated and 370 denied.

21.0% of all applications, or 38.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Citibank originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Citibank'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