Commercial Lender in Florida vs the state
80.5%Denial rate+59.39 pts vs state
84.0%Decision denial rate+56.79 pts vs state
15.3%Origination rate-37.40 pts vs state
10.74%Median rate+4.12 pts vs state
—Rate spread (pts)
—Median applicant income
61Loans originated
321Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 566 | 95 | 31.3% | 11.49% | #216 |
| 2024 | 370 | 76 | 26.5% | 11.49% | #275 |
| 2025 | 399 | 61 | 80.5% | 10.74% | #270 |
What Commercial Lender lends in Florida
By loan purpose
By loan type
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: 399 applications in 2025, of which 61 were originated and 321 denied.
80.5% of all applications, or 84.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Commercial Lender originated in Florida in 2025 was 10.74%, against a statewide median of 6.63%.
About this data. Figures are Commercial Lender'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