First Commonwealth Bank · Florida · 2025

First Commonwealth Bank in Florida: approval rate, denial rate and rates (2025)

First Commonwealth Bank took 19 mortgage applications in Florida in 2025, ranking #771 of 1,993 lenders active in the state. It originated 63.2% of them and denied 21.1% (25.0% of the applications it decided), against a statewide denial rate of 21.1%.

19Applicationsin FL
25.0%Decision denial ratestate 27.2%
7.06%Median ratestate 6.63%
$425,000Median loanstate $255,000
$5.2MVolume9 counties

First Commonwealth Bank in Florida vs the state

21.1%Denial rate-0.01 pts vs state
25.0%Decision denial rate-2.24 pts vs state
63.2%Origination rate+10.47 pts vs state
7.06%Median rate+0.44 pts vs state
0.65Rate spread (pts)+0.38 pts vs state
$269kMedian applicant income
12Loans originated
4Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321180.0%6.25%#827
2024830.0%6.63%#984
2025191221.1%7.06%#771

What First Commonwealth Bank lends in Florida

By loan purpose

Home purchase 17 89% · 17.7% denied
Home improvement 1 5% · 100.0% denied
Other / HELOC 1 5% · 0.0% denied

By loan type

Conventional 17 89% · 23.5% denied
VA 2 11% · 0.0% denied

Why it denied Florida applicants

Other 2 50%
Collateral 1 25%
Credit history 1 25%

Where in Florida

Counties with the most First Commonwealth Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sarasota County 541 20.0%
Palm Beach County 311 33.3%
Charlotte County 220 0.0%
Bay County 211 50.0%
Collier County 210 0.0%
Broward County 210 0.0%
Indian River County 110 0.0%
Manatee County 101 100.0%
Osceola County 110 0.0%

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: 19 applications in 2025, of which 12 were originated and 4 denied.

21.1% of all applications, or 25.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans First Commonwealth Bank originated in Florida in 2025 was 7.06%, against a statewide median of 6.63%.

About this data. Figures are First Commonwealth 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