Grow Financial Federal Credit Union in Florida vs the state
17.8%Denial rate-3.24 pts vs state
19.7%Decision denial rate-7.59 pts vs state
71.3%Origination rate+18.60 pts vs state
7.75%Median rate+1.13 pts vs state
0.39Rate spread (pts)+0.13 pts vs state
$109kMedian applicant income
360Loans originated
90Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 692 | 480 | 22.3% | 8.50% | #192 |
| 2024 | 558 | 424 | 18.8% | 8.34% | #226 |
| 2025 | 505 | 360 | 17.8% | 7.75% | #239 |
What Grow Financial Federal Credit Union lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Grow Financial Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 201 | 139 | 37 | 18.4% |
| Pinellas County | 125 | 88 | 21 | 16.8% |
| Pasco County | 72 | 56 | 9 | 12.5% |
| Manatee County | 36 | 25 | 8 | 22.2% |
| Hernando County | 16 | 11 | 4 | 25.0% |
| Sarasota County | 10 | 8 | 2 | 20.0% |
| Polk County | 6 | 5 | 1 | 16.7% |
| Broward County | 4 | 3 | 0 | 0.0% |
| Palm Beach County | 4 | 2 | 1 | 25.0% |
| Seminole County | 3 | 3 | 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: 505 applications in 2025, of which 360 were originated and 90 denied.
17.8% of all applications, or 19.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Grow Financial Federal Credit Union originated in Florida in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Grow Financial Federal 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