Florida Credit Union · Florida · 2025

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

Florida Credit Union took 4,262 mortgage applications in Florida in 2025, ranking #49 of 1,993 lenders active in the state. It originated 19.7% of them and denied 46.9% (69.7% of the applications it decided), against a statewide denial rate of 21.1%.

4.3kApplicationsin FL
69.7%Decision denial ratestate 27.2%
6.38%Median ratestate 6.63%
$75,000Median loanstate $255,000
$98MVolume61 counties

Florida Credit Union in Florida vs the state

46.9%Denial rate+25.80 pts vs state
69.7%Decision denial rate+42.41 pts vs state
19.7%Origination rate-32.98 pts vs state
6.38%Median rate-0.25 pts vs state
-0.19Rate spread (pts)-0.46 pts vs state
$84kMedian applicant income
840Loans originated
1,997Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,85587743.5%7.38%#52
20243,82595436.0%6.75%#54
20254,26284046.9%6.38%#49

What Florida Credit Union lends in Florida

By loan purpose

Home purchase 1,181 28% · 25.7% denied
Refinance 117 3% · 30.8% denied
Cash-out refinance 377 9% · 35.3% denied
Home improvement 1,178 28% · 57.3% denied
Other / HELOC 1,409 33% · 60.3% denied

By loan type

Conventional 4,151 97% · 48.0% denied
FHA 101 2% · 3.0% denied
VA 4 0% · 0.0% denied
USDA / RHS 6 0% · 0.0% denied

Why it denied Florida applicants

Other 791 40%
Debt-to-income ratio 706 35%
Credit history 254 13%
Collateral 145 7%
Incomplete application 62 3%
Unverifiable information 28 1%
Insufficient cash 10 1%
Employment history 1 0%

Where in Florida

Counties with the most Florida Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 1,081280524 48.5%
Alachua County 581179208 35.8%
Volusia County 18339112 61.2%
Columbia County 1785669 38.8%
Palm Beach County 119981 68.1%
Citrus County 1152157 49.6%
Levy County 1131959 52.2%
Orange County 1001861 61.0%
Lake County 942051 54.3%
Hillsborough County 93961 65.6%

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: 4,262 applications in 2025, of which 840 were originated and 1,997 denied.

46.9% of all applications, or 69.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Florida Credit Union originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Florida Credit Union'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