ITHINK FINANCIAL Credit Union · Florida · 2025

ITHINK FINANCIAL Credit Union in Florida: approval rate, denial rate and rates (2025)

ITHINK FINANCIAL Credit Union took 693 mortgage applications in Florida in 2025, ranking #197 of 1,993 lenders active in the state. It originated 54.1% of them and denied 30.5% (35.8% of the applications it decided), against a statewide denial rate of 21.1%.

693Applicationsin FL
35.8%Decision denial ratestate 27.2%
8.00%Median ratestate 6.63%
$105,000Median loanstate $255,000
$130MVolume33 counties

ITHINK FINANCIAL Credit Union in Florida vs the state

30.5%Denial rate+9.39 pts vs state
35.8%Decision denial rate+8.58 pts vs state
54.1%Origination rate+1.42 pts vs state
8.00%Median rate+1.38 pts vs state
0.71Rate spread (pts)+0.44 pts vs state
$130kMedian applicant income
375Loans originated
211Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202385755620.8%8.25%#168
202487751025.4%8.75%#167
202569337530.5%8.00%#197

What ITHINK FINANCIAL Credit Union lends in Florida

By loan purpose

Home purchase 176 25% · 2.8% denied
Refinance 138 20% · 34.8% denied
Cash-out refinance 239 34% · 32.6% denied
Home improvement 12 2% · 50.0% denied
Other / HELOC 128 18% · 57.8% denied

By loan type

Conventional 691 100% · 30.5% denied
FHA 1 0% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 86 41%
Incomplete application 68 32%
Credit history 31 15%
Collateral 15 7%
Unverifiable information 6 3%
Other 5 2%

Where in Florida

Counties with the most ITHINK FINANCIAL Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 32818693 28.4%
Broward County 954034 35.8%
St. Lucie County 733037 50.7%
Indian River County 382113 34.2%
Martin County 31228 25.8%
Pinellas County 24231 4.2%
Miami-Dade County 22115 22.7%
Brevard County 1192 18.2%
Orange County 1026 60.0%
Duval County 521 20.0%

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: 693 applications in 2025, of which 375 were originated and 211 denied.

30.5% of all applications, or 35.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans ITHINK FINANCIAL Credit Union originated in Florida in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are ITHINK FINANCIAL Credit Union'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