Guaranteed Rate in Florida vs the state
9.4%Denial rate-11.66 pts vs state
16.6%Decision denial rate-10.66 pts vs state
45.6%Origination rate-7.05 pts vs state
6.63%Median rate0.00 pts vs state
0.29Rate spread (pts)+0.03 pts vs state
$114kMedian applicant income
3,204Loans originated
660Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7,969 | 3,816 | 6.7% | 6.63% | #28 |
| 2024 | 6,277 | 3,350 | 10.8% | 6.65% | #34 |
| 2025 | 7,020 | 3,204 | 9.4% | 6.63% | #31 |
What Guaranteed Rate lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 482 | 207 | 56 | 11.6% |
| Broward County | 458 | 156 | 54 | 11.8% |
| Hillsborough County | 441 | 221 | 41 | 9.3% |
| Pinellas County | 440 | 216 | 35 | 8.0% |
| Orange County | 421 | 174 | 36 | 8.6% |
| Pasco County | 396 | 230 | 31 | 7.8% |
| Polk County | 387 | 211 | 39 | 10.1% |
| Duval County | 347 | 169 | 31 | 8.9% |
| Miami-Dade County | 325 | 102 | 50 | 15.4% |
| Lee County | 317 | 168 | 29 | 9.1% |
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: 7,020 applications in 2025, of which 3,204 were originated and 660 denied.
9.4% of all applications, or 16.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Guaranteed Rate originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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