Equity Prime Mortgage · Florida · 2025

Equity Prime Mortgage in Florida: approval rate, denial rate and rates (2025)

Equity Prime Mortgage took 3,088 mortgage applications in Florida in 2025, ranking #67 of 1,993 lenders active in the state. It originated 43.3% of them and denied 10.8% (19.9% of the applications it decided), against a statewide denial rate of 21.1%.

3.1kApplicationsin FL
19.9%Decision denial ratestate 27.2%
6.50%Median ratestate 6.63%
$275,000Median loanstate $255,000
$408MVolume65 counties

Equity Prime Mortgage in Florida vs the state

10.8%Denial rate-10.24 pts vs state
19.9%Decision denial rate-7.34 pts vs state
43.3%Origination rate-9.39 pts vs state
6.50%Median rate-0.13 pts vs state
0.45Rate spread (pts)+0.18 pts vs state
$88kMedian applicant income
1,337Loans originated
334Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,7551,0044.3%6.75%#92
20242,7161,5394.0%6.63%#70
20253,0881,33710.8%6.50%#67

What Equity Prime Mortgage lends in Florida

By loan purpose

Home purchase 1,604 52% · 10.4% denied
Refinance 277 9% · 6.5% denied
Cash-out refinance 1,207 39% · 12.4% denied

By loan type

Conventional 212 7% · 16.5% denied
FHA 1,906 62% · 11.2% denied
VA 904 29% · 9.3% denied
USDA / RHS 66 2% · 3.0% denied

Why it denied Florida applicants

Debt-to-income ratio 108 32%
Credit history 92 28%
Other 75 22%
Employment history 20 6%
Unverifiable information 16 5%
Insufficient cash 9 3%
Incomplete application 7 2%
Collateral 6 2%
Mortgage insurance denied 1 0%

Where in Florida

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 25612620 7.8%
Hillsborough County 21210026 12.3%
Broward County 2117134 16.1%
Miami-Dade County 1755726 14.9%
Lee County 1455620 13.8%
Pasco County 1416314 9.9%
Marion County 130736 4.6%
Duval County 1294716 12.4%
Orange County 1083912 11.1%
Brevard County 1074211 10.3%

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: 3,088 applications in 2025, of which 1,337 were originated and 334 denied.

10.8% of all applications, or 19.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Equity Prime Mortgage originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Equity Prime 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