Comerica Bank · Florida · 2025

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

Comerica Bank took 151 mortgage applications in Florida in 2025, ranking #418 of 1,993 lenders active in the state. It originated 45.0% of them and denied 35.8% (42.9% of the applications it decided), against a statewide denial rate of 21.1%.

151Applicationsin FL
42.9%Decision denial ratestate 27.2%
6.24%Median ratestate 6.63%
$255,000Median loanstate $255,000
$61MVolume21 counties

Comerica Bank in Florida vs the state

35.8%Denial rate+14.70 pts vs state
42.9%Decision denial rate+15.62 pts vs state
45.0%Origination rate-7.66 pts vs state
6.24%Median rate-0.38 pts vs state
-1.08Rate spread (pts)-1.35 pts vs state
$171kMedian applicant income
68Loans originated
54Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231828339.0%5.74%#402
20241506239.3%6.49%#423
20251516835.8%6.24%#418

What Comerica Bank lends in Florida

By loan purpose

Home purchase 20 13% · 0.0% denied
Refinance 31 21% · 38.7% denied
Cash-out refinance 4 3% · 0.0% denied
Home improvement 61 40% · 42.6% denied
Other / HELOC 35 23% · 45.7% denied

By loan type

Conventional 151 100% · 35.8% denied

Why it denied Florida applicants

Debt-to-income ratio 34 63%
Credit history 9 17%
Other 5 9%
Collateral 4 7%
Incomplete application 2 4%

Where in Florida

Counties with the most Comerica Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 663023 34.8%
Miami-Dade County 1656 37.5%
Broward County 1265 41.7%
Collier County 1155 45.5%
St. Lucie County 743 42.9%
Brevard County 521 20.0%
Lee County 541 20.0%
Pinellas County 421 25.0%
Orange County 421 25.0%
Hillsborough County 311 33.3%

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: 151 applications in 2025, of which 68 were originated and 54 denied.

35.8% of all applications, or 42.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Comerica Bank originated in Florida in 2025 was 6.24%, against a statewide median of 6.63%.

About this data. Figures are Comerica 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