First National Bank of America · Florida · 2025

First National Bank of America in Florida: approval rate, denial rate and rates (2025)

First National Bank of America took 249 mortgage applications in Florida in 2025, ranking #339 of 1,993 lenders active in the state. It originated 57.0% of them and denied 21.7% (27.3% of the applications it decided), against a statewide denial rate of 21.1%.

249Applicationsin FL
27.3%Decision denial ratestate 27.2%
9.13%Median ratestate 6.63%
$245,000Median loanstate $255,000
$41MVolume42 counties

First National Bank of America in Florida vs the state

21.7%Denial rate+0.63 pts vs state
27.3%Decision denial rate+0.03 pts vs state
57.0%Origination rate+4.34 pts vs state
9.13%Median rate+2.50 pts vs state
2.97Rate spread (pts)+2.70 pts vs state
$119kMedian applicant income
142Loans originated
54Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202332619718.4%10.00%#299
202434619715.9%9.63%#291
202524914221.7%9.13%#339

What First National Bank of America lends in Florida

By loan purpose

Home purchase 172 69% · 16.9% denied
Refinance 17 7% · 23.5% denied
Cash-out refinance 27 11% · 29.6% denied
Home improvement 12 5% · 41.7% denied
Other / HELOC 21 8% · 38.1% denied

By loan type

Conventional 249 100% · 21.7% denied

Why it denied Florida applicants

Collateral 21 39%
Credit history 13 24%
Incomplete application 10 19%
Debt-to-income ratio 5 9%
Other 3 6%
Unverifiable information 1 2%
Insufficient cash 1 2%

Where in Florida

Counties with the most First National Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Broward County 22134 18.2%
Palm Beach County 22164 18.2%
Orange County 16110 0.0%
Pasco County 16114 25.0%
Hillsborough County 1457 50.0%
Miami-Dade County 1445 35.7%
Polk County 1162 18.2%
Marion County 11101 9.1%
Walton County 971 11.1%
St. Lucie County 942 22.2%

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: 249 applications in 2025, of which 142 were originated and 54 denied.

21.7% of all applications, or 27.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans First National Bank of America originated in Florida in 2025 was 9.13%, against a statewide median of 6.63%.

About this data. Figures are First National Bank of America'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