Developer'S Mortgage in Florida vs the state
3.7%Denial rate-17.36 pts vs state
6.9%Decision denial rate-20.34 pts vs state
50.0%Origination rate-2.69 pts vs state
7.13%Median rate+0.50 pts vs state
0.61Rate spread (pts)+0.35 pts vs state
$218kMedian applicant income
27Loans originated
2Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 35 | 4.7% | 7.38% | #662 |
| 2024 | 68 | 40 | 2.9% | 7.50% | #547 |
| 2025 | 54 | 27 | 3.7% | 7.13% | #589 |
What Developer'S Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Developer'S Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orange County | 20 | 12 | 0 | 0.0% |
| Osceola County | 5 | 5 | 0 | 0.0% |
| Manatee County | 4 | 3 | 0 | 0.0% |
| Charlotte County | 4 | 2 | 0 | 0.0% |
| Pasco County | 4 | 0 | 0 | 0.0% |
| Hillsborough County | 3 | 0 | 0 | 0.0% |
| Seminole County | 3 | 0 | 0 | 0.0% |
| Lee County | 2 | 1 | 0 | 0.0% |
| Polk County | 2 | 0 | 0 | 0.0% |
| Lake County | 1 | 0 | 1 | 100.0% |
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: 54 applications in 2025, of which 27 were originated and 2 denied.
3.7% of all applications, or 6.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Developer'S Mortgage originated in Florida in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are Developer'S Mortgage'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