Direct Mortgage Loans in Florida vs the state
1.2%Denial rate-19.90 pts vs state
1.4%Decision denial rate-25.89 pts vs state
75.0%Origination rate+22.31 pts vs state
6.62%Median rate0.00 pts vs state
0.23Rate spread (pts)-0.04 pts vs state
$123kMedian applicant income
129Loans originated
2Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 274 | 208 | 1.8% | 6.75% | #334 |
| 2024 | 208 | 155 | 2.9% | 6.63% | #374 |
| 2025 | 172 | 129 | 1.2% | 6.62% | #394 |
What Direct Mortgage Loans lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Direct Mortgage Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Brevard County | 120 | 93 | 0 | 0.0% |
| Duval County | 9 | 7 | 1 | 11.1% |
| Lee County | 4 | 2 | 0 | 0.0% |
| St. Johns County | 4 | 4 | 0 | 0.0% |
| Hillsborough County | 3 | 1 | 0 | 0.0% |
| Orange County | 3 | 2 | 0 | 0.0% |
| Citrus County | 3 | 1 | 0 | 0.0% |
| Indian River County | 3 | 2 | 0 | 0.0% |
| Marion County | 3 | 3 | 0 | 0.0% |
| Pinellas County | 3 | 2 | 0 | 0.0% |
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: 172 applications in 2025, of which 129 were originated and 2 denied.
1.2% of all applications, or 1.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Direct Mortgage Loans originated in Florida in 2025 was 6.62%, against a statewide median of 6.63%.
About this data. Figures are Direct Mortgage Loans'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