First Option Mortgage in Florida vs the state
5.5%Denial rate-15.57 pts vs state
7.4%Decision denial rate-19.80 pts vs state
57.9%Origination rate+5.24 pts vs state
6.88%Median rate+0.25 pts vs state
0.66Rate spread (pts)+0.39 pts vs state
$112kMedian applicant income
95Loans originated
9Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 231 | 150 | 10.4% | 7.13% | #356 |
| 2024 | 217 | 138 | 4.2% | 7.13% | #363 |
| 2025 | 164 | 95 | 5.5% | 6.88% | #407 |
What First Option Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most First Option Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 33 | 19 | 3 | 9.1% |
| Walton County | 11 | 5 | 2 | 18.2% |
| Broward County | 10 | 6 | 0 | 0.0% |
| Pasco County | 10 | 4 | 0 | 0.0% |
| Miami-Dade County | 9 | 5 | 0 | 0.0% |
| Duval County | 9 | 7 | 1 | 11.1% |
| Bay County | 9 | 1 | 1 | 11.1% |
| Polk County | 8 | 5 | 0 | 0.0% |
| Pinellas County | 8 | 7 | 1 | 12.5% |
| Palm Beach County | 7 | 5 | 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: 164 applications in 2025, of which 95 were originated and 9 denied.
5.5% of all applications, or 7.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans First Option Mortgage originated in Florida in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are First Option 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