City Lending · Florida · 2025

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

City Lending took 221 mortgage applications in Florida in 2025, ranking #352 of 1,993 lenders active in the state. It originated 67.0% of them and denied 17.2% (20.4% of the applications it decided), against a statewide denial rate of 21.1%.

221Applicationsin FL
20.4%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$285,000Median loanstate $255,000
$39MVolume30 counties

City Lending in Florida vs the state

17.2%Denial rate-3.87 pts vs state
20.4%Decision denial rate-6.81 pts vs state
67.0%Origination rate+14.28 pts vs state
6.75%Median rate+0.13 pts vs state
0.68Rate spread (pts)+0.41 pts vs state
$88kMedian applicant income
148Loans originated
38Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372424.2%7.25%#550
202418412213.6%6.75%#389
202522114817.2%6.75%#352

What City Lending lends in Florida

By loan purpose

Home purchase 207 94% · 16.4% denied
Refinance 6 3% · 16.7% denied
Cash-out refinance 8 4% · 37.5% denied

By loan type

Conventional 89 40% · 19.1% denied
FHA 129 58% · 16.3% denied
VA 3 1% · 0.0% denied

Why it denied Florida applicants

Other 17 45%
Credit history 6 16%
Collateral 5 13%
Incomplete application 4 11%
Unverifiable information 3 8%
Employment history 2 5%
Debt-to-income ratio 1 3%

Where in Florida

Counties with the most City Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orange County 34212 5.9%
Polk County 31243 9.7%
Hillsborough County 26193 11.5%
Osceola County 22137 31.8%
Duval County 972 22.2%
Lee County 860 0.0%
Palm Beach County 851 12.5%
Miami-Dade County 862 25.0%
Marion County 871 12.5%
Brevard County 760 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: 221 applications in 2025, of which 148 were originated and 38 denied.

17.2% of all applications, or 20.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are City Lending'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