Gershman Investment in Florida vs the state
5.1%Denial rate-15.94 pts vs state
6.6%Decision denial rate-20.63 pts vs state
71.6%Origination rate+18.93 pts vs state
6.63%Median rate0.00 pts vs state
0.31Rate spread (pts)+0.04 pts vs state
$118kMedian applicant income
434Loans originated
31Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 503 | 330 | 2.6% | 6.88% | #230 |
| 2024 | 669 | 464 | 3.6% | 6.75% | #199 |
| 2025 | 606 | 434 | 5.1% | 6.63% | #217 |
What Gershman Investment lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Gershman Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 179 | 129 | 9 | 5.0% |
| Pinellas County | 119 | 83 | 7 | 5.9% |
| Pasco County | 65 | 47 | 1 | 1.5% |
| Charlotte County | 40 | 32 | 0 | 0.0% |
| Sarasota County | 35 | 25 | 3 | 8.6% |
| Lee County | 29 | 20 | 4 | 13.8% |
| Polk County | 26 | 19 | 1 | 3.8% |
| Hernando County | 25 | 19 | 2 | 8.0% |
| Manatee County | 16 | 10 | 0 | 0.0% |
| Marion County | 8 | 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: 606 applications in 2025, of which 434 were originated and 31 denied.
5.1% of all applications, or 6.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Gershman Investment originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Gershman Investment'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