Connexus Credit Union · Florida · 2025

Connexus Credit Union in Florida: approval rate, denial rate and rates (2025)

Connexus Credit Union took 141 mortgage applications in Florida in 2025, ranking #430 of 1,993 lenders active in the state. It originated 17.7% of them and denied 61.0% (72.9% of the applications it decided), against a statewide denial rate of 21.1%.

141Applicationsin FL
72.9%Decision denial ratestate 27.2%
6.49%Median ratestate 6.63%
$105,000Median loanstate $255,000
$3.5MVolume36 counties

Connexus Credit Union in Florida vs the state

61.0%Denial rate+39.93 pts vs state
72.9%Decision denial rate+45.64 pts vs state
17.7%Origination rate-34.96 pts vs state
6.49%Median rate-0.13 pts vs state
-0.29Rate spread (pts)-0.56 pts vs state
$141kMedian applicant income
25Loans originated
86Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233215467.6%4.99%#302
20241572368.2%6.49%#417
20251412561.0%6.49%#430

What Connexus Credit Union lends in Florida

By loan purpose

Home purchase 10 7% · 10.0% denied
Refinance 22 16% · 59.1% denied
Cash-out refinance 4 3% · 0.0% denied
Home improvement 48 34% · 64.6% denied
Other / HELOC 57 40% · 71.9% denied

By loan type

Conventional 141 100% · 61.0% denied

Why it denied Florida applicants

Debt-to-income ratio 35 41%
Credit history 19 22%
Other 17 20%
Incomplete application 15 17%

Where in Florida

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 16112 75.0%
Orange County 1235 41.7%
Miami-Dade County 1007 70.0%
Hillsborough County 10010 100.0%
Broward County 925 55.6%
Pasco County 843 37.5%
Pinellas County 614 66.7%
Brevard County 612 33.3%
Seminole County 514 80.0%
Manatee County 514 80.0%

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: 141 applications in 2025, of which 25 were originated and 86 denied.

61.0% of all applications, or 72.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Connexus Credit Union originated in Florida in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Connexus Credit Union'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