First Heritage Mortgage · Florida · 2025

First Heritage Mortgage in Florida: approval rate, denial rate and rates (2025)

First Heritage Mortgage took 742 mortgage applications in Florida in 2025, ranking #190 of 1,993 lenders active in the state. It originated 81.3% of them and denied 6.1% (6.9% of the applications it decided), against a statewide denial rate of 21.1%.

742Applicationsin FL
6.9%Decision denial ratestate 27.2%
4.99%Median ratestate 6.63%
$335,000Median loanstate $255,000
$204MVolume30 counties

First Heritage Mortgage in Florida vs the state

6.1%Denial rate-15.00 pts vs state
6.9%Decision denial rate-20.36 pts vs state
81.3%Origination rate+28.58 pts vs state
4.99%Median rate-1.63 pts vs state
-0.78Rate spread (pts)-1.05 pts vs state
$98kMedian applicant income
603Loans originated
45Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233382711.8%6.50%#291
20245274363.8%5.50%#236
20257426036.1%4.99%#190

What First Heritage Mortgage lends in Florida

By loan purpose

Home purchase 719 97% · 6.3% denied
Refinance 16 2% · 0.0% denied
Cash-out refinance 7 1% · 0.0% denied

By loan type

Conventional 215 29% · 7.9% denied
FHA 423 57% · 5.9% denied
VA 101 14% · 2.0% denied
USDA / RHS 3 0% · 33.3% denied

Why it denied Florida applicants

Debt-to-income ratio 18 40%
Other 6 13%
Employment history 5 11%
Insufficient cash 4 9%
Credit history 4 9%
Unverifiable information 4 9%
Collateral 4 9%

Where in Florida

Counties with the most First Heritage Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 2171838 3.7%
Polk County 16312922 13.5%
Brevard County 1351113 2.2%
Volusia County 74650 0.0%
Osceola County 64544 6.3%
Sarasota County 14130 0.0%
Pinellas County 1292 16.7%
Hillsborough County 1162 18.2%
Marion County 640 0.0%
Citrus County 540 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: 742 applications in 2025, of which 603 were originated and 45 denied.

6.1% of all applications, or 6.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans First Heritage Mortgage originated in Florida in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are First Heritage 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