First Savings Bank · Florida · 2025

First Savings Bank in Florida: approval rate, denial rate and rates (2025)

First Savings Bank took 90 mortgage applications in Florida in 2025, ranking #501 of 1,993 lenders active in the state. It originated 37.8% of them and denied 40.0% (50.0% of the applications it decided), against a statewide denial rate of 21.1%.

90Applicationsin FL
50.0%Decision denial ratestate 27.2%
7.63%Median ratestate 6.63%
$360,000Median loanstate $255,000
$14MVolume26 counties

First Savings Bank in Florida vs the state

40.0%Denial rate+18.94 pts vs state
50.0%Decision denial rate+22.76 pts vs state
37.8%Origination rate-14.91 pts vs state
7.63%Median rate+1.00 pts vs state
0.28Rate spread (pts)+0.01 pts vs state
$160kMedian applicant income
34Loans originated
36Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202348527310.3%6.75%#234
20241155037.4%7.38%#461
2025903440.0%7.63%#501

What First Savings Bank lends in Florida

By loan purpose

Home purchase 3 3% · 0.0% denied
Refinance 30 33% · 30.0% denied
Cash-out refinance 56 62% · 46.4% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

Conventional 90 100% · 40.0% denied

Why it denied Florida applicants

Debt-to-income ratio 15 42%
Credit history 14 39%
Collateral 5 14%
Incomplete application 2 6%

Where in Florida

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 1025 50.0%
Orange County 833 37.5%
Duval County 826 75.0%
Broward County 734 57.1%
Pinellas County 531 20.0%
Pasco County 511 20.0%
Manatee County 520 0.0%
Seminole County 421 25.0%
Hillsborough County 403 75.0%
Miami-Dade County 413 75.0%

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: 90 applications in 2025, of which 34 were originated and 36 denied.

40.0% of all applications, or 50.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans First Savings Bank originated in Florida in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are First Savings 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