Cogent Bank in Florida vs the state
5.7%Denial rate-15.39 pts vs state
6.4%Decision denial rate-20.81 pts vs state
78.9%Origination rate+26.18 pts vs state
—Median rate
—Rate spread (pts)
$202kMedian applicant income
153Loans originated
11Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 33 | 7.0% | — | #660 |
| 2024 | 156 | 117 | 6.4% | — | #418 |
| 2025 | 194 | 153 | 5.7% | — | #375 |
What Cogent Bank lends in Florida
By loan purpose
By loan type
Where in Florida
Counties with the most Cogent Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sarasota County | 61 | 45 | 3 | 4.9% |
| Manatee County | 18 | 12 | 2 | 11.1% |
| Orange County | 14 | 9 | 1 | 7.1% |
| Duval County | 14 | 11 | 0 | 0.0% |
| Marion County | 11 | 10 | 0 | 0.0% |
| Collier County | 10 | 8 | 0 | 0.0% |
| Pinellas County | 9 | 8 | 0 | 0.0% |
| Seminole County | 9 | 8 | 1 | 11.1% |
| Hillsborough County | 7 | 6 | 1 | 14.3% |
| Volusia County | 5 | 4 | 0 | 0.0% |
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: 194 applications in 2025, of which 153 were originated and 11 denied.
5.7% of all applications, or 6.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Cogent Bank'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