HSBC Bank USA · Florida · 2025

HSBC Bank USA in Florida: approval rate, denial rate and rates (2025)

HSBC Bank USA took 264 mortgage applications in Florida in 2025, ranking #330 of 1,993 lenders active in the state. It originated 50.8% of them and denied 14.4% (22.1% of the applications it decided), against a statewide denial rate of 21.1%.

264Applicationsin FL
22.1%Decision denial ratestate 27.2%
6.03%Median ratestate 6.63%
$530,000Median loanstate $255,000
$194MVolume25 counties

HSBC Bank USA in Florida vs the state

14.4%Denial rate-6.67 pts vs state
22.1%Decision denial rate-5.15 pts vs state
50.8%Origination rate-1.93 pts vs state
6.03%Median rate-0.60 pts vs state
-0.04Rate spread (pts)-0.31 pts vs state
$435kMedian applicant income
134Loans originated
38Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202330015316.3%6.30%#309
20242781369.4%6.39%#331
202526413414.4%6.03%#330

What HSBC Bank USA lends in Florida

By loan purpose

Home purchase 166 63% · 11.5% denied
Refinance 24 9% · 4.2% denied
Cash-out refinance 26 10% · 7.7% denied
Home improvement 22 8% · 40.9% denied
Other / HELOC 26 10% · 26.9% denied

By loan type

Conventional 264 100% · 14.4% denied

Why it denied Florida applicants

Debt-to-income ratio 22 58%
Collateral 6 16%
Incomplete application 5 13%
Unverifiable information 2 5%
Other 2 5%
Credit history 1 3%

Where in Florida

Counties with the most HSBC Bank USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 1457722 15.2%
Broward County 28125 17.9%
Palm Beach County 26145 19.2%
Orange County 1473 21.4%
Pinellas County 620 0.0%
Osceola County 620 0.0%
Lake County 512 40.0%
Lee County 540 0.0%
Collier County 430 0.0%
Manatee County 320 0.0%

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: 264 applications in 2025, of which 134 were originated and 38 denied.

14.4% of all applications, or 22.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans HSBC Bank USA originated in Florida in 2025 was 6.03%, against a statewide median of 6.63%.

About this data. Figures are HSBC Bank USA'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