Keystone Funding · Florida · 2025

Keystone Funding in Florida: approval rate, denial rate and rates (2025)

Keystone Funding took 215 mortgage applications in Florida in 2025, ranking #356 of 1,993 lenders active in the state. It originated 69.8% of them and denied 9.8% (9.8% of the applications it decided), against a statewide denial rate of 21.1%.

215Applicationsin FL
9.8%Decision denial ratestate 27.2%
6.38%Median ratestate 6.63%
$315,000Median loanstate $255,000
$53MVolume33 counties

Keystone Funding in Florida vs the state

9.8%Denial rate-11.29 pts vs state
9.8%Decision denial rate-17.47 pts vs state
69.8%Origination rate+17.08 pts vs state
6.38%Median rate-0.25 pts vs state
0.25Rate spread (pts)-0.02 pts vs state
$111kMedian applicant income
150Loans originated
21Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234042706.9%6.63%#264
20243442599.0%6.63%#292
20252151509.8%6.38%#356

What Keystone Funding lends in Florida

By loan purpose

Home purchase 190 88% · 11.1% denied
Refinance 15 7% · 0.0% denied
Cash-out refinance 10 5% · 0.0% denied

By loan type

Conventional 109 51% · 9.2% denied
FHA 61 28% · 11.5% denied
VA 43 20% · 9.3% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 10 48%
Collateral 5 24%
Unverifiable information 3 14%
Employment history 1 5%
Other 1 5%
Insufficient cash 1 5%

Where in Florida

Counties with the most Keystone Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 23161 4.3%
Pasco County 21144 19.0%
Pinellas County 14120 0.0%
Palm Beach County 12110 0.0%
Hernando County 1191 9.1%
Polk County 1161 9.1%
Orange County 1053 30.0%
Duval County 980 0.0%
Volusia County 971 11.1%
Manatee County 831 12.5%

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: 215 applications in 2025, of which 150 were originated and 21 denied.

9.8% of all applications, or 9.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Keystone Funding originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Keystone Funding'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