Equity Resources · Florida · 2025

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

Equity Resources took 142 mortgage applications in Florida in 2025, ranking #429 of 1,993 lenders active in the state. It originated 69.0% of them and denied 7.8% (10.1% of the applications it decided), against a statewide denial rate of 21.1%.

142Applicationsin FL
10.1%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$265,000Median loanstate $255,000
$28MVolume28 counties

Equity Resources in Florida vs the state

7.8%Denial rate-13.31 pts vs state
10.1%Decision denial rate-17.15 pts vs state
69.0%Origination rate+16.32 pts vs state
6.75%Median rate+0.13 pts vs state
0.44Rate spread (pts)+0.17 pts vs state
$99kMedian applicant income
98Loans originated
11Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317510110.9%6.99%#407
2024137798.0%6.88%#432
2025142987.8%6.75%#429

What Equity Resources lends in Florida

By loan purpose

Home purchase 98 69% · 0.0% denied
Refinance 25 18% · 36.0% denied
Cash-out refinance 19 13% · 10.5% denied

By loan type

Conventional 107 75% · 5.6% denied
FHA 29 20% · 17.2% denied
VA 6 4% · 0.0% denied

Why it denied Florida applicants

Credit history 7 64%
Other 1 9%
Collateral 1 9%
Employment history 1 9%
Unverifiable information 1 9%

Where in Florida

Counties with the most Equity Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 38254 10.5%
Pasco County 23172 8.7%
Sarasota County 1080 0.0%
Polk County 1080 0.0%
Pinellas County 970 0.0%
Manatee County 841 12.5%
Charlotte County 530 0.0%
Hernando County 440 0.0%
Volusia County 420 0.0%
Orange County 330 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: 142 applications in 2025, of which 98 were originated and 11 denied.

7.8% of all applications, or 10.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Equity Resources originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Equity Resources'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