Investor Mortgage Finance · Florida · 2025

Investor Mortgage Finance in Florida: approval rate, denial rate and rates (2025)

Investor Mortgage Finance took 587 mortgage applications in Florida in 2025, ranking #224 of 1,993 lenders active in the state. It originated 46.7% of them and denied 21.1% (31.2% of the applications it decided), against a statewide denial rate of 21.1%.

587Applicationsin FL
31.2%Decision denial ratestate 27.2%
7.23%Median ratestate 6.63%
$305,000Median loanstate $255,000
$109MVolume0 counties

Investor Mortgage Finance in Florida vs the state

21.1%Denial rate+0.06 pts vs state
31.2%Decision denial rate+3.92 pts vs state
46.7%Origination rate-6.01 pts vs state
7.23%Median rate+0.60 pts vs state
Rate spread (pts)
Median applicant income
274Loans originated
124Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202472435821.0%7.70%#191
202558727421.1%7.23%#224

What Investor Mortgage Finance lends in Florida

By loan purpose

Home purchase 184 31% · 22.3% denied
Refinance 123 21% · 22.8% denied
Cash-out refinance 280 48% · 19.6% denied

By loan type

Conventional 587 100% · 21.1% denied

Why it denied Florida applicants

Credit history 44 35%
Collateral 43 35%
Unverifiable information 24 19%
Incomplete application 10 8%
Insufficient cash 2 2%
Other 1 1%

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: 587 applications in 2025, of which 274 were originated and 124 denied.

21.1% of all applications, or 31.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Investor Mortgage Finance originated in Florida in 2025 was 7.23%, against a statewide median of 6.63%.

About this data. Figures are Investor Mortgage Finance'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