First Equity Mortgage in Florida vs the state
6.6%Denial rate-14.48 pts vs state
9.6%Decision denial rate-17.62 pts vs state
61.8%Origination rate+9.15 pts vs state
6.13%Median rate-0.50 pts vs state
-0.10Rate spread (pts)-0.37 pts vs state
$168kMedian applicant income
47Loans originated
5Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 115 | 69 | 12.2% | 5.88% | #458 |
| 2024 | 98 | 53 | 11.2% | 6.25% | #480 |
| 2025 | 76 | 47 | 6.6% | 6.13% | #533 |
What First Equity Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most First Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Johns County | 56 | 35 | 2 | 3.6% |
| Duval County | 9 | 7 | 0 | 0.0% |
| Nassau County | 5 | 1 | 3 | 60.0% |
| Clay County | 4 | 3 | 0 | 0.0% |
| Walton County | 1 | 1 | 0 | 0.0% |
| Lake County | 1 | 0 | 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: 76 applications in 2025, of which 47 were originated and 5 denied.
6.6% of all applications, or 9.6% 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 originated in Florida in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are First Equity 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