FlexPoint · Florida · 2025

FlexPoint in Florida: approval rate, denial rate and rates (2025)

FlexPoint took 638 mortgage applications in Florida in 2025, ranking #207 of 1,993 lenders active in the state. It originated 44.5% of them and denied 4.6% (6.8% of the applications it decided), against a statewide denial rate of 21.1%.

638Applicationsin FL
6.8%Decision denial ratestate 27.2%
7.25%Median ratestate 6.63%
$325,000Median loanstate $255,000
$145MVolume39 counties

FlexPoint in Florida vs the state

4.6%Denial rate-16.51 pts vs state
6.8%Decision denial rate-20.45 pts vs state
44.5%Origination rate-8.18 pts vs state
7.25%Median rate+0.63 pts vs state
0.97Rate spread (pts)+0.70 pts vs state
$181kMedian applicant income
284Loans originated
29Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232505916.8%7.88%#347
202435213810.2%7.63%#284
20256382844.6%7.25%#207

What FlexPoint lends in Florida

By loan purpose

Home purchase 315 49% · 5.1% denied
Refinance 59 9% · 1.7% denied
Cash-out refinance 260 41% · 4.6% denied
Other / HELOC 4 1% · 0.0% denied

By loan type

Conventional 572 90% · 4.0% denied
FHA 56 9% · 10.7% denied
VA 10 2% · 0.0% denied

Why it denied Florida applicants

Other 11 38%
Collateral 10 34%
Credit history 5 17%
Debt-to-income ratio 1 3%
Incomplete application 1 3%
Employment history 1 3%

Where in Florida

Counties with the most FlexPoint applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 133585 3.8%
Broward County 98439 9.2%
Palm Beach County 52294 7.7%
Lee County 45211 2.2%
Orange County 35120 0.0%
Hillsborough County 24102 8.3%
Sarasota County 21101 4.8%
Pinellas County 2072 10.0%
Manatee County 1550 0.0%
Collier County 1470 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: 638 applications in 2025, of which 284 were originated and 29 denied.

4.6% of all applications, or 6.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans FlexPoint originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are FlexPoint'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