Launch Credit Union in Florida vs the state
38.7%Denial rate+17.62 pts vs state
43.7%Decision denial rate+16.41 pts vs state
41.1%Origination rate-11.61 pts vs state
6.75%Median rate+0.13 pts vs state
0.60Rate spread (pts)+0.33 pts vs state
$90kMedian applicant income
599Loans originated
564Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,621 | 607 | 44.7% | 7.00% | #100 |
| 2024 | 1,330 | 494 | 46.3% | 7.00% | #118 |
| 2025 | 1,458 | 599 | 38.7% | 6.75% | #114 |
What Launch Credit Union lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Launch Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Brevard County | 931 | 375 | 357 | 38.3% |
| Volusia County | 339 | 150 | 137 | 40.4% |
| Orange County | 42 | 19 | 13 | 31.0% |
| Osceola County | 20 | 7 | 9 | 45.0% |
| Flagler County | 18 | 10 | 4 | 22.2% |
| Seminole County | 17 | 9 | 5 | 29.4% |
| Lake County | 14 | 6 | 6 | 42.9% |
| Indian River County | 7 | 3 | 2 | 28.6% |
| Marion County | 7 | 2 | 4 | 57.1% |
| Polk County | 7 | 0 | 3 | 42.9% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 1,458 applications in 2025, of which 599 were originated and 564 denied.
38.7% of all applications, or 43.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Launch Credit Union originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Launch 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