Gateway First Bank in Florida vs the state
7.1%Denial rate-14.00 pts vs state
9.3%Decision denial rate-17.97 pts vs state
68.4%Origination rate+15.71 pts vs state
6.63%Median rate0.00 pts vs state
0.36Rate spread (pts)+0.09 pts vs state
$86kMedian applicant income
223Loans originated
23Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 492 | 339 | 6.3% | 6.63% | #232 |
| 2024 | 299 | 212 | 4.4% | 6.75% | #317 |
| 2025 | 326 | 223 | 7.1% | 6.63% | #292 |
What Gateway First Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Gateway First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Duval County | 131 | 101 | 6 | 4.6% |
| Clay County | 48 | 32 | 2 | 4.2% |
| Nassau County | 29 | 24 | 1 | 3.4% |
| Volusia County | 11 | 4 | 0 | 0.0% |
| Orange County | 10 | 5 | 0 | 0.0% |
| Broward County | 10 | 6 | 0 | 0.0% |
| Miami-Dade County | 10 | 2 | 7 | 70.0% |
| Pinellas County | 6 | 3 | 3 | 50.0% |
| St. Johns County | 6 | 6 | 0 | 0.0% |
| Bradford County | 6 | 5 | 0 | 0.0% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 326 applications in 2025, of which 223 were originated and 23 denied.
7.1% of all applications, or 9.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Gateway First Bank originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Gateway First 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