Gulf Coast Bank and Trust · Florida · 2025

Gulf Coast Bank and Trust in Florida: approval rate, denial rate and rates (2025)

Gulf Coast Bank and Trust took 73 mortgage applications in Florida in 2025, ranking #543 of 1,993 lenders active in the state. It originated 65.8% of them and denied 11.0% (14.3% of the applications it decided), against a statewide denial rate of 21.1%.

73Applicationsin FL
14.3%Decision denial ratestate 27.2%
7.11%Median ratestate 6.63%
$385,000Median loanstate $255,000
$38MVolume26 counties

Gulf Coast Bank and Trust in Florida vs the state

11.0%Denial rate-10.10 pts vs state
14.3%Decision denial rate-12.95 pts vs state
65.8%Origination rate+13.06 pts vs state
7.11%Median rate+0.48 pts vs state
0.25Rate spread (pts)-0.02 pts vs state
$159kMedian applicant income
48Loans originated
8Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202361409.8%7.44%#582
2024633622.2%7.69%#559
2025734811.0%7.11%#543

What Gulf Coast Bank and Trust lends in Florida

By loan purpose

Home purchase 54 74% · 13.0% denied
Refinance 14 19% · 7.1% denied
Cash-out refinance 1 1% · 0.0% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 3 4% · 0.0% denied

By loan type

Conventional 61 84% · 11.5% denied
FHA 6 8% · 0.0% denied
VA 5 7% · 0.0% denied
USDA / RHS 1 1% · 100.0% denied

Why it denied Florida applicants

Debt-to-income ratio 6 75%
Collateral 1 13%
Credit history 1 13%

Where in Florida

Counties with the most Gulf Coast Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Manatee County 951 11.1%
Walton County 971 11.1%
St. Johns County 730 0.0%
Okaloosa County 511 20.0%
Pinellas County 440 0.0%
Sarasota County 430 0.0%
Santa Rosa County 421 25.0%
Bay County 431 25.0%
Holmes County 330 0.0%
Escambia County 311 33.3%

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: 73 applications in 2025, of which 48 were originated and 8 denied.

11.0% of all applications, or 14.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Gulf Coast Bank and Trust originated in Florida in 2025 was 7.11%, against a statewide median of 6.63%.

About this data. Figures are Gulf Coast Bank and Trust'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