Dade County Federal Credit Union · Florida · 2025

Dade County Federal Credit Union in Florida: approval rate, denial rate and rates (2025)

Dade County Federal Credit Union took 735 mortgage applications in Florida in 2025, ranking #193 of 1,993 lenders active in the state. It originated 40.3% of them and denied 34.0% (45.8% of the applications it decided), against a statewide denial rate of 21.1%.

735Applicationsin FL
45.8%Decision denial ratestate 27.2%
5.75%Median ratestate 6.63%
$105,000Median loanstate $255,000
$58MVolume13 counties

Dade County Federal Credit Union in Florida vs the state

34.0%Denial rate+12.95 pts vs state
45.8%Decision denial rate+18.55 pts vs state
40.3%Origination rate-12.42 pts vs state
5.75%Median rate-0.88 pts vs state
-2.43Rate spread (pts)-2.70 pts vs state
$113kMedian applicant income
296Loans originated
250Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023171317.7%7.50%#860
202448225124.1%7.50%#245
202573529634.0%5.75%#193

What Dade County Federal Credit Union lends in Florida

By loan purpose

Home purchase 65 9% · 3.1% denied
Refinance 3 0% · 66.7% denied
Cash-out refinance 169 23% · 20.1% denied
Home improvement 229 31% · 34.5% denied
Other / HELOC 269 37% · 49.4% denied

By loan type

Conventional 735 100% · 34.0% denied

Why it denied Florida applicants

Other 121 48%
Debt-to-income ratio 73 29%
Credit history 54 22%
Collateral 2 1%

Where in Florida

Counties with the most Dade County Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 590231205 34.7%
Broward County 1215635 28.9%
Palm Beach County 614 66.7%
Monroe County 522 40.0%
Collier County 330 0.0%
Pasco County 202 100.0%
Orange County 210 0.0%
Brevard County 100 0.0%
Lee County 100 0.0%
Marion County 110 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: 735 applications in 2025, of which 296 were originated and 250 denied.

34.0% of all applications, or 45.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Dade County Federal Credit Union originated in Florida in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are Dade County Federal 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