First-Citizens Bank & Trust · Florida · 2025

First-Citizens Bank & Trust in Florida: approval rate, denial rate and rates (2025)

First-Citizens Bank & Trust took 454 mortgage applications in Florida in 2025, ranking #252 of 1,993 lenders active in the state. It originated 58.6% of them and denied 23.8% (28.2% of the applications it decided), against a statewide denial rate of 21.1%.

454Applicationsin FL
28.2%Decision denial ratestate 27.2%
6.00%Median ratestate 6.63%
$355,000Median loanstate $255,000
$153MVolume37 counties

First-Citizens Bank & Trust in Florida vs the state

23.8%Denial rate+2.73 pts vs state
28.2%Decision denial rate+0.96 pts vs state
58.6%Origination rate+5.90 pts vs state
6.00%Median rate-0.63 pts vs state
-0.22Rate spread (pts)-0.49 pts vs state
$236kMedian applicant income
266Loans originated
108Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356833923.2%6.13%#215
202455029725.1%5.99%#232
202545426623.8%6.00%#252

What First-Citizens Bank & Trust lends in Florida

By loan purpose

Home purchase 184 41% · 9.2% denied
Refinance 60 13% · 26.7% denied
Cash-out refinance 13 3% · 38.5% denied
Home improvement 87 19% · 40.2% denied
Other / HELOC 110 24% · 31.8% denied

By loan type

Conventional 445 98% · 23.6% denied
FHA 4 1% · 75.0% denied
VA 5 1% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 61 56%
Credit history 21 19%
Other 15 14%
Unverifiable information 5 5%
Insufficient cash 3 3%
Collateral 3 3%

Where in Florida

Counties with the most First-Citizens Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 663317 25.8%
Palm Beach County 643914 21.9%
Broward County 542916 29.6%
Hillsborough County 31149 29.0%
Collier County 25184 16.0%
Duval County 25176 24.0%
Orange County 22135 22.7%
Pinellas County 1995 26.3%
Lee County 1595 33.3%
Seminole County 15113 20.0%

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: 454 applications in 2025, of which 266 were originated and 108 denied.

23.8% of all applications, or 28.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans First-Citizens Bank & Trust originated in Florida in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are First-Citizens Bank & Trust'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