Ixonia Bank · Florida · 2025

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

Ixonia Bank took 1,036 mortgage applications in Florida in 2025, ranking #151 of 1,993 lenders active in the state. It originated 66.9% of them and denied 6.2% (8.4% of the applications it decided), against a statewide denial rate of 21.1%.

1.0kApplicationsin FL
8.4%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$295,000Median loanstate $255,000
$238MVolume50 counties

Ixonia Bank in Florida vs the state

6.2%Denial rate-14.88 pts vs state
8.4%Decision denial rate-18.83 pts vs state
66.9%Origination rate+14.20 pts vs state
6.75%Median rate+0.13 pts vs state
0.51Rate spread (pts)+0.24 pts vs state
$106kMedian applicant income
693Loans originated
64Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,0597384.3%6.88%#142
20249926416.7%6.75%#154
20251,0366936.2%6.75%#151

What Ixonia Bank lends in Florida

By loan purpose

Home purchase 857 83% · 5.8% denied
Refinance 44 4% · 6.8% denied
Cash-out refinance 86 8% · 8.1% denied
Home improvement 12 1% · 8.3% denied
Other / HELOC 37 4% · 8.1% denied

By loan type

Conventional 636 61% · 5.4% denied
FHA 289 28% · 9.7% denied
VA 106 10% · 1.9% denied
USDA / RHS 5 0% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 25 39%
Collateral 13 20%
Credit history 11 17%
Insufficient cash 8 13%
Unverifiable information 3 5%
Other 2 3%
Employment history 1 2%
Incomplete application 1 2%

Where in Florida

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orange County 1147212 10.5%
Manatee County 71545 7.0%
Lake County 71512 2.8%
Volusia County 68492 2.9%
Charlotte County 64500 0.0%
Seminole County 51304 7.8%
Lee County 49266 12.2%
Marion County 45296 13.3%
Hillsborough County 42272 4.8%
Sarasota County 41291 2.4%

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: 1,036 applications in 2025, of which 693 were originated and 64 denied.

6.2% of all applications, or 8.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Ixonia Bank originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Ixonia Bank'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