First Colony Mortgage in Florida vs the state
8.2%Denial rate-12.82 pts vs state
10.5%Decision denial rate-16.76 pts vs state
57.7%Origination rate+5.01 pts vs state
6.63%Median rate0.00 pts vs state
0.25Rate spread (pts)-0.02 pts vs state
$130kMedian applicant income
427Loans originated
61Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 112 | 104 | 0.9% | 6.13% | #465 |
| 2024 | 527 | 350 | 9.5% | 6.50% | #237 |
| 2025 | 740 | 427 | 8.2% | 6.63% | #191 |
What First Colony Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 102 | 54 | 15 | 14.7% |
| Broward County | 69 | 36 | 5 | 7.2% |
| Duval County | 46 | 24 | 4 | 8.7% |
| Palm Beach County | 40 | 16 | 8 | 20.0% |
| Hillsborough County | 39 | 27 | 4 | 10.3% |
| Marion County | 39 | 30 | 2 | 5.1% |
| Escambia County | 34 | 22 | 1 | 2.9% |
| Pinellas County | 30 | 17 | 3 | 10.0% |
| Sarasota County | 30 | 13 | 4 | 13.3% |
| Santa Rosa County | 25 | 20 | 1 | 4.0% |
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: 740 applications in 2025, of which 427 were originated and 61 denied.
8.2% of all applications, or 10.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans First Colony Mortgage originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are First Colony 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