Homestead Funding in Florida vs the state
6.9%Denial rate-14.13 pts vs state
8.9%Decision denial rate-18.38 pts vs state
71.3%Origination rate+18.60 pts vs state
6.38%Median rate-0.25 pts vs state
-0.05Rate spread (pts)-0.32 pts vs state
$152kMedian applicant income
72Loans originated
7Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 154 | 116 | 3.9% | 6.38% | #423 |
| 2024 | 133 | 96 | 6.0% | 6.50% | #439 |
| 2025 | 101 | 72 | 6.9% | 6.38% | #483 |
What Homestead Funding lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Homestead Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 11 | 8 | 0 | 0.0% |
| Pinellas County | 9 | 7 | 1 | 11.1% |
| Volusia County | 7 | 6 | 1 | 14.3% |
| Marion County | 6 | 3 | 0 | 0.0% |
| Sarasota County | 6 | 4 | 1 | 16.7% |
| Miami-Dade County | 5 | 2 | 0 | 0.0% |
| Manatee County | 5 | 4 | 0 | 0.0% |
| Hillsborough County | 5 | 1 | 3 | 60.0% |
| St. Lucie County | 4 | 2 | 1 | 25.0% |
| Collier County | 4 | 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: 101 applications in 2025, of which 72 were originated and 7 denied.
6.9% of all applications, or 8.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Homestead Funding originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Homestead Funding'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