First Federal Bank in Florida vs the state
11.3%Denial rate-9.80 pts vs state
15.1%Decision denial rate-12.16 pts vs state
63.3%Origination rate+10.58 pts vs state
6.38%Median rate-0.25 pts vs state
0.06Rate spread (pts)-0.20 pts vs state
$106kMedian applicant income
899Loans originated
160Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,099 | 747 | 11.1% | 6.50% | #139 |
| 2024 | 1,356 | 833 | 12.2% | 6.50% | #114 |
| 2025 | 1,421 | 899 | 11.3% | 6.38% | #118 |
What First Federal Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most First Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Duval County | 296 | 198 | 34 | 11.5% |
| Marion County | 86 | 60 | 11 | 12.8% |
| Columbia County | 81 | 52 | 15 | 18.5% |
| Clay County | 71 | 55 | 5 | 7.0% |
| Suwannee County | 69 | 43 | 12 | 17.4% |
| Nassau County | 59 | 38 | 7 | 11.9% |
| Baker County | 52 | 42 | 4 | 7.7% |
| St. Johns County | 49 | 34 | 3 | 6.1% |
| Jackson County | 35 | 21 | 4 | 11.4% |
| Lake County | 34 | 19 | 3 | 8.8% |
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: 1,421 applications in 2025, of which 899 were originated and 160 denied.
11.3% of all applications, or 15.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans First Federal Bank originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are First Federal 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