Credit Union Mortgage Association · Florida · 2025

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

Credit Union Mortgage Association took 127 mortgage applications in Florida in 2025, ranking #443 of 1,993 lenders active in the state. It originated 44.9% of them and denied 7.9% (14.5% of the applications it decided), against a statewide denial rate of 21.1%.

127Applicationsin FL
14.5%Decision denial ratestate 27.2%
5.88%Median ratestate 6.63%
$305,000Median loanstate $255,000
$19MVolume33 counties

Credit Union Mortgage Association in Florida vs the state

7.9%Denial rate-13.19 pts vs state
14.5%Decision denial rate-12.75 pts vs state
44.9%Origination rate-7.81 pts vs state
5.88%Median rate-0.75 pts vs state
-0.48Rate spread (pts)-0.75 pts vs state
$121kMedian applicant income
57Loans originated
10Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231667815.7%5.69%#414
20241596113.2%6.25%#414
2025127577.9%5.88%#443

What Credit Union Mortgage Association lends in Florida

By loan purpose

Home purchase 73 57% · 6.9% denied
Refinance 20 16% · 5.0% denied
Cash-out refinance 31 24% · 12.9% denied
Home improvement 3 2% · 0.0% denied

By loan type

Conventional 110 87% · 8.2% denied
FHA 14 11% · 7.1% denied
VA 3 2% · 0.0% denied

Why it denied Florida applicants

Credit history 4 40%
Debt-to-income ratio 4 40%
Collateral 1 10%
Other 1 10%

Where in Florida

Counties with the most Credit Union Mortgage Association applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Broward County 33132 6.1%
Palm Beach County 29114 13.8%
Leon County 640 0.0%
Miami-Dade County 501 20.0%
St. Lucie County 521 20.0%
Santa Rosa County 320 0.0%
Orange County 320 0.0%
Lee County 311 33.3%
Sarasota County 320 0.0%
Escambia County 320 0.0%

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: 127 applications in 2025, of which 57 were originated and 10 denied.

7.9% of all applications, or 14.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Credit Union Mortgage Association originated in Florida in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are Credit Union Mortgage Association'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