First American Bank in Florida vs the state
33.2%Denial rate+12.12 pts vs state
36.8%Decision denial rate+9.60 pts vs state
55.5%Origination rate+2.84 pts vs state
7.00%Median rate+0.38 pts vs state
0.15Rate spread (pts)-0.12 pts vs state
$141kMedian applicant income
246Loans originated
147Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 523 | 247 | 39.0% | 8.24% | #228 |
| 2024 | 502 | 226 | 39.6% | 7.75% | #242 |
| 2025 | 443 | 246 | 33.2% | 7.00% | #256 |
What First American Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most First American Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 211 | 124 | 62 | 29.4% |
| Broward County | 70 | 32 | 34 | 48.6% |
| Palm Beach County | 37 | 18 | 15 | 40.5% |
| Martin County | 20 | 12 | 5 | 25.0% |
| Hillsborough County | 17 | 12 | 5 | 29.4% |
| Collier County | 12 | 4 | 3 | 25.0% |
| Manatee County | 8 | 7 | 0 | 0.0% |
| Lee County | 8 | 7 | 1 | 12.5% |
| Duval County | 7 | 4 | 3 | 42.9% |
| Pinellas County | 6 | 4 | 2 | 33.3% |
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: 443 applications in 2025, of which 246 were originated and 147 denied.
33.2% of all applications, or 36.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans First American Bank originated in Florida in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are First American 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