Fay Servicing in Florida vs the state
31.1%Denial rate+10.05 pts vs state
77.8%Decision denial rate+50.54 pts vs state
7.8%Origination rate-44.91 pts vs state
6.50%Median rate-0.13 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$138kMedian applicant income
7Loans originated
28Denied
What Fay Servicing lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Fay Servicing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 15 | 2 | 5 | 33.3% |
| Orange County | 9 | 0 | 1 | 11.1% |
| Hillsborough County | 8 | 0 | 3 | 37.5% |
| Palm Beach County | 8 | 0 | 4 | 50.0% |
| Broward County | 6 | 0 | 2 | 33.3% |
| Manatee County | 4 | 0 | 2 | 50.0% |
| Duval County | 4 | 2 | 1 | 25.0% |
| Nassau County | 4 | 0 | 1 | 25.0% |
| Polk County | 3 | 1 | 1 | 33.3% |
| Seminole County | 2 | 0 | 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: 90 applications in 2025, of which 7 were originated and 28 denied.
31.1% of all applications, or 77.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Fay Servicing originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Fay Servicing'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