Educational Federal Credit Union in Florida vs the state
35.9%Denial rate+14.83 pts vs state
41.6%Decision denial rate+14.32 pts vs state
49.8%Origination rate-2.85 pts vs state
7.09%Median rate+0.46 pts vs state
1.10Rate spread (pts)+0.83 pts vs state
$98kMedian applicant income
318Loans originated
229Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 763 | 379 | 39.3% | 6.50% | #180 |
| 2024 | 726 | 395 | 30.9% | 6.99% | #190 |
| 2025 | 638 | 318 | 35.9% | 7.09% | #208 |
What Educational Federal Credit Union lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Educational Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 473 | 225 | 182 | 38.5% |
| Broward County | 114 | 71 | 30 | 26.3% |
| Palm Beach County | 9 | 4 | 4 | 44.4% |
| Hillsborough County | 6 | 3 | 0 | 0.0% |
| Polk County | 5 | 2 | 2 | 40.0% |
| Marion County | 5 | 2 | 2 | 40.0% |
| Highlands County | 4 | 2 | 2 | 50.0% |
| Volusia County | 3 | 1 | 1 | 33.3% |
| St. Johns County | 3 | 1 | 2 | 66.7% |
| Charlotte County | 2 | 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: 638 applications in 2025, of which 318 were originated and 229 denied.
35.9% of all applications, or 41.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Educational Federal Credit Union originated in Florida in 2025 was 7.09%, against a statewide median of 6.63%.
About this data. Figures are Educational 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