Hometown Equity Mortgage · Florida · 2025

Hometown Equity Mortgage in Florida: approval rate, denial rate and rates (2025)

Hometown Equity Mortgage took 2,912 mortgage applications in Florida in 2025, ranking #72 of 1,993 lenders active in the state. It originated 50.0% of them and denied 46.0% (47.6% of the applications it decided), against a statewide denial rate of 21.1%.

2.9kApplicationsin FL
47.6%Decision denial ratestate 27.2%
7.25%Median ratestate 6.63%
$325,000Median loanstate $255,000
$620MVolume53 counties

Hometown Equity Mortgage in Florida vs the state

46.0%Denial rate+24.89 pts vs state
47.6%Decision denial rate+20.36 pts vs state
50.0%Origination rate-2.66 pts vs state
7.25%Median rate+0.63 pts vs state
1.05Rate spread (pts)+0.78 pts vs state
$168kMedian applicant income
1,457Loans originated
1,338Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,68973743.3%8.63%#95
20241,95896848.2%7.75%#93
20252,9121,45746.0%7.25%#72

What Hometown Equity Mortgage lends in Florida

By loan purpose

Home purchase 1,493 51% · 41.1% denied
Refinance 315 11% · 61.3% denied
Cash-out refinance 1,104 38% · 48.2% denied

By loan type

Conventional 2,723 94% · 45.1% denied
FHA 179 6% · 59.2% denied
VA 5 0% · 40.0% denied
USDA / RHS 5 0% · 60.0% denied

Why it denied Florida applicants

Incomplete application 936 70%
Collateral 178 13%
Credit history 99 7%
Debt-to-income ratio 65 5%
Unverifiable information 28 2%
Insufficient cash 22 2%
Other 7 1%
Employment history 3 0%

Where in Florida

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 547237281 51.4%
Broward County 374173182 48.7%
Palm Beach County 227104114 50.2%
Hillsborough County 16210156 34.6%
Orange County 1628872 44.4%
Lee County 1597977 48.4%
Osceola County 1478458 39.5%
Polk County 955737 38.9%
Pinellas County 865133 38.4%
Lake County 673630 44.8%

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: 2,912 applications in 2025, of which 1,457 were originated and 1,338 denied.

46.0% of all applications, or 47.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Hometown Equity Mortgage originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Hometown Equity Mortgage'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