Fifth Third Bank · Florida · 2025

Fifth Third Bank in Florida: approval rate, denial rate and rates (2025)

Fifth Third Bank took 8,554 mortgage applications in Florida in 2025, ranking #24 of 1,993 lenders active in the state. It originated 41.5% of them and denied 36.2% (45.5% of the applications it decided), against a statewide denial rate of 21.1%.

8.6kApplicationsin FL
45.5%Decision denial ratestate 27.2%
7.65%Median ratestate 6.63%
$125,000Median loanstate $255,000
$953MVolume61 counties

Fifth Third Bank in Florida vs the state

36.2%Denial rate+15.11 pts vs state
45.5%Decision denial rate+18.22 pts vs state
41.5%Origination rate-11.15 pts vs state
7.65%Median rate+1.03 pts vs state
0.56Rate spread (pts)+0.29 pts vs state
$110kMedian applicant income
3,553Loans originated
3,094Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,7682,64733.5%8.40%#40
20246,3052,67036.6%8.65%#33
20258,5543,55336.2%7.65%#24

What Fifth Third Bank lends in Florida

By loan purpose

Home purchase 1,628 19% · 18.5% denied
Refinance 1,392 16% · 31.4% denied
Cash-out refinance 210 2% · 25.2% denied
Home improvement 3,151 37% · 41.2% denied
Other / HELOC 2,173 25% · 46.3% denied

By loan type

Conventional 8,390 98% · 36.4% denied
FHA 110 1% · 27.3% denied
VA 51 1% · 19.6% denied
USDA / RHS 3 0% · 66.7% denied

Why it denied Florida applicants

Credit history 1,094 35%
Debt-to-income ratio 945 31%
Other 366 12%
Collateral 300 10%
Incomplete application 223 7%
Unverifiable information 118 4%
Employment history 39 1%
Insufficient cash 9 0%

Where in Florida

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 862356305 35.4%
Orange County 754327268 35.5%
Hillsborough County 667289246 36.9%
Pinellas County 664277229 34.5%
Palm Beach County 616240231 37.5%
Collier County 570240200 35.1%
Sarasota County 479214142 29.6%
Broward County 446126210 47.1%
Manatee County 365151145 39.7%
Pasco County 29513699 33.6%

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: 8,554 applications in 2025, of which 3,553 were originated and 3,094 denied.

36.2% of all applications, or 45.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Fifth Third Bank originated in Florida in 2025 was 7.65%, against a statewide median of 6.63%.

About this data. Figures are Fifth Third Bank'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