Clearedge Lending in Florida vs the state
24.0%Denial rate+2.94 pts vs state
28.3%Decision denial rate+1.01 pts vs state
59.9%Origination rate+7.18 pts vs state
7.25%Median rate+0.63 pts vs state
0.95Rate spread (pts)+0.68 pts vs state
$246kMedian applicant income
661Loans originated
265Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 946 | 509 | 26.0% | 8.25% | #157 |
| 2024 | 1,139 | 692 | 22.0% | 7.63% | #133 |
| 2025 | 1,104 | 661 | 24.0% | 7.25% | #142 |
What Clearedge Lending lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Clearedge Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 205 | 120 | 51 | 24.9% |
| Broward County | 150 | 86 | 48 | 32.0% |
| Palm Beach County | 124 | 82 | 19 | 15.3% |
| Orange County | 84 | 52 | 13 | 15.5% |
| Hillsborough County | 60 | 37 | 11 | 18.3% |
| Lee County | 54 | 39 | 11 | 20.4% |
| Pinellas County | 45 | 32 | 8 | 17.8% |
| Osceola County | 30 | 18 | 9 | 30.0% |
| Manatee County | 28 | 18 | 5 | 17.9% |
| Monroe County | 25 | 18 | 4 | 16.0% |
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: 1,104 applications in 2025, of which 661 were originated and 265 denied.
24.0% of all applications, or 28.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Clearedge Lending originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Clearedge 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