Filo Mortgage · Florida · 2025

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

Filo Mortgage took 904 mortgage applications in Florida in 2025, ranking #165 of 1,993 lenders active in the state. It originated 48.1% of them and denied 6.3% (10.6% of the applications it decided), against a statewide denial rate of 21.1%.

904Applicationsin FL
10.6%Decision denial ratestate 27.2%
6.38%Median ratestate 6.63%
$385,000Median loanstate $255,000
$181MVolume46 counties

Filo Mortgage in Florida vs the state

6.3%Denial rate-14.75 pts vs state
10.6%Decision denial rate-16.63 pts vs state
48.1%Origination rate-4.57 pts vs state
6.38%Median rate-0.25 pts vs state
0.13Rate spread (pts)-0.14 pts vs state
$145kMedian applicant income
435Loans originated
57Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234491267.1%6.25%#243
20246583514.3%6.50%#201
20259044356.3%6.38%#165

What Filo Mortgage lends in Florida

By loan purpose

Home purchase 650 72% · 5.9% denied
Refinance 137 15% · 7.3% denied
Cash-out refinance 115 13% · 7.0% denied
Home improvement 2 0% · 50.0% denied

By loan type

Conventional 655 72% · 5.8% denied
FHA 169 19% · 8.3% denied
VA 80 9% · 6.3% denied

Why it denied Florida applicants

Debt-to-income ratio 23 40%
Collateral 13 23%
Other 10 18%
Credit history 7 12%
Unverifiable information 2 4%
Employment history 1 2%
Insufficient cash 1 2%

Where in Florida

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 91518 8.8%
Broward County 76333 3.9%
Hillsborough County 69443 4.3%
Miami-Dade County 67193 4.5%
Pinellas County 59324 6.8%
Duval County 47226 12.8%
Orange County 43261 2.3%
Manatee County 40202 5.0%
Sarasota County 38193 7.9%
Lee County 37202 5.4%

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: 904 applications in 2025, of which 435 were originated and 57 denied.

6.3% of all applications, or 10.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Filo Mortgage originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Filo 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