First Equity Mortgage Bankers in Florida vs the state
4.5%Denial rate-16.58 pts vs state
5.9%Decision denial rate-21.31 pts vs state
71.0%Origination rate+18.35 pts vs state
6.75%Median rate+0.13 pts vs state
0.51Rate spread (pts)+0.25 pts vs state
$183kMedian applicant income
238Loans originated
15Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 357 | 233 | 5.6% | 6.75% | #287 |
| 2024 | 383 | 254 | 6.0% | 7.00% | #268 |
| 2025 | 335 | 238 | 4.5% | 6.75% | #290 |
What First Equity Mortgage Bankers lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most First Equity Mortgage Bankers applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 134 | 92 | 7 | 5.2% |
| Broward County | 48 | 40 | 3 | 6.3% |
| Palm Beach County | 37 | 28 | 0 | 0.0% |
| Hillsborough County | 33 | 23 | 1 | 3.0% |
| Pasco County | 10 | 7 | 0 | 0.0% |
| St. Lucie County | 7 | 3 | 1 | 14.3% |
| Orange County | 7 | 4 | 1 | 14.3% |
| Lee County | 6 | 4 | 1 | 16.7% |
| Pinellas County | 5 | 3 | 0 | 0.0% |
| Seminole County | 4 | 3 | 0 | 0.0% |
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: 335 applications in 2025, of which 238 were originated and 15 denied.
4.5% of all applications, or 5.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans First Equity Mortgage Bankers originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are First Equity Mortgage Bankers'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