Freedom Mortgage · Florida · 2025

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

Freedom Mortgage took 13,067 mortgage applications in Florida in 2025, ranking #14 of 1,993 lenders active in the state. It originated 41.1% of them and denied 10.6% (18.2% of the applications it decided), against a statewide denial rate of 21.1%.

13kApplicationsin FL
18.2%Decision denial ratestate 27.2%
6.25%Median ratestate 6.63%
$325,000Median loanstate $255,000
$1.9BVolume67 counties

Freedom Mortgage in Florida vs the state

10.6%Denial rate-10.50 pts vs state
18.2%Decision denial rate-9.03 pts vs state
41.1%Origination rate-11.56 pts vs state
6.25%Median rate-0.38 pts vs state
0.09Rate spread (pts)-0.18 pts vs state
$101kMedian applicant income
5,374Loans originated
1,380Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,0612,75715.3%6.75%#36
202412,7545,98811.1%6.25%#15
202513,0675,37410.6%6.25%#14

What Freedom Mortgage lends in Florida

By loan purpose

Home purchase 2,337 18% · 15.2% denied
Refinance 5,363 41% · 4.3% denied
Cash-out refinance 5,317 41% · 14.9% denied
Other / HELOC 50 0% · 6.0% denied

By loan type

Conventional 1,374 11% · 11.9% denied
FHA 5,897 45% · 13.8% denied
VA 5,795 44% · 6.9% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Florida applicants

Collateral 452 33%
Debt-to-income ratio 349 25%
Credit history 238 17%
Other 142 10%
Insufficient cash 76 6%
Unverifiable information 57 4%
Employment history 36 3%
Incomplete application 30 2%

Where in Florida

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 993436122 12.3%
Broward County 782271103 13.2%
Duval County 72633659 8.1%
Polk County 72230583 11.5%
Miami-Dade County 68620593 13.6%
Brevard County 62827653 8.4%
Orange County 61824062 10.0%
Palm Beach County 59621370 11.7%
Lee County 56023871 12.7%
Pasco County 53024657 10.8%

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: 13,067 applications in 2025, of which 5,374 were originated and 1,380 denied.

10.6% of all applications, or 18.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Freedom Mortgage originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Freedom 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