JPMorgan Chase Bank · Florida · 2025

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

JPMorgan Chase Bank took 11,222 mortgage applications in Florida in 2025, ranking #19 of 1,993 lenders active in the state. It originated 54.6% of them and denied 14.3% (20.2% of the applications it decided), against a statewide denial rate of 21.1%.

11kApplicationsin FL
20.2%Decision denial ratestate 27.2%
6.49%Median ratestate 6.63%
$305,000Median loanstate $255,000
$4.4BVolume62 counties

JPMorgan Chase Bank in Florida vs the state

14.3%Denial rate-6.78 pts vs state
20.2%Decision denial rate-7.02 pts vs state
54.6%Origination rate+1.94 pts vs state
6.49%Median rate-0.13 pts vs state
0.03Rate spread (pts)-0.23 pts vs state
$130kMedian applicant income
6,131Loans originated
1,602Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239,1875,42613.0%6.49%#23
202410,1175,74713.4%6.63%#22
202511,2226,13114.3%6.49%#19

What JPMorgan Chase Bank lends in Florida

By loan purpose

Home purchase 6,634 59% · 11.3% denied
Refinance 1,063 9% · 13.6% denied
Cash-out refinance 1,636 15% · 19.9% denied
Home improvement 659 6% · 23.4% denied
Other / HELOC 1,230 11% · 18.8% denied

By loan type

Conventional 10,630 95% · 13.8% denied
FHA 433 4% · 26.8% denied
VA 158 1% · 9.5% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Florida applicants

Debt-to-income ratio 594 37%
Collateral 468 29%
Other 218 14%
Credit history 125 8%
Unverifiable information 101 6%
Employment history 49 3%
Insufficient cash 46 3%
Mortgage insurance denied 1 0%

Where in Florida

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 1,637835278 17.0%
Palm Beach County 1,354719209 15.4%
Broward County 1,349675241 17.9%
Orange County 71841283 11.6%
Hillsborough County 70541868 9.6%
Pinellas County 50225475 14.9%
Lee County 40024247 11.8%
Sarasota County 33019846 13.9%
Collier County 29617942 14.2%
Osceola County 28517336 12.6%

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: 11,222 applications in 2025, of which 6,131 were originated and 1,602 denied.

14.3% of all applications, or 20.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans JPMorgan Chase Bank originated in Florida in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are JPMorgan Chase 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