First Security Bank · Florida · 2025

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

First Security Bank took 18 mortgage applications in Florida in 2025, ranking #778 of 1,993 lenders active in the state. It originated 66.7% of them and denied 22.2% (22.2% of the applications it decided), against a statewide denial rate of 21.1%.

18Applicationsin FL
22.2%Decision denial ratestate 27.2%
7.75%Median ratestate 6.63%
$460,000Median loanstate $255,000
$17MVolume3 counties

First Security Bank in Florida vs the state

22.2%Denial rate+1.16 pts vs state
22.2%Decision denial rate-5.02 pts vs state
66.7%Origination rate+13.98 pts vs state
7.75%Median rate+1.13 pts vs state
1.18Rate spread (pts)+0.91 pts vs state
$299kMedian applicant income
12Loans originated
4Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317160.0%8.50%#858
20249711.1%8.50%#943
2025181222.2%7.75%#778

What First Security Bank lends in Florida

By loan purpose

Home purchase 9 50% · 0.0% denied
Refinance 5 28% · 20.0% denied
Other / HELOC 4 22% · 75.0% denied

By loan type

Conventional 18 100% · 22.2% denied

Why it denied Florida applicants

Debt-to-income ratio 2 50%
Credit history 1 25%
Collateral 1 25%

Where in Florida

Counties with the most First Security Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Walton County 1063 30.0%
Okaloosa County 751 14.3%
Bay County 110 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: 18 applications in 2025, of which 12 were originated and 4 denied.

22.2% of all applications, or 22.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans First Security Bank originated in Florida in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are First Security 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