Lendage in Florida vs the state
16.3%Denial rate-4.81 pts vs state
18.6%Decision denial rate-8.66 pts vs state
64.5%Origination rate+11.81 pts vs state
10.75%Median rate+4.13 pts vs state
4.64Rate spread (pts)+4.37 pts vs state
$116kMedian applicant income
885Loans originated
223Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 859 | 490 | 22.7% | 13.75% | #167 |
| 2024 | 1,069 | 703 | 17.8% | 13.25% | #148 |
| 2025 | 1,372 | 885 | 16.3% | 10.75% | #121 |
What Lendage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 114 | 69 | 20 | 17.5% |
| Broward County | 112 | 55 | 28 | 25.0% |
| Orange County | 104 | 69 | 15 | 14.4% |
| Miami-Dade County | 97 | 53 | 25 | 25.8% |
| Palm Beach County | 71 | 45 | 12 | 16.9% |
| Pasco County | 60 | 38 | 11 | 18.3% |
| Seminole County | 57 | 39 | 7 | 12.3% |
| Lee County | 50 | 35 | 9 | 18.0% |
| Brevard County | 50 | 33 | 3 | 6.0% |
| St. Lucie County | 46 | 33 | 8 | 17.4% |
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: 1,372 applications in 2025, of which 885 were originated and 223 denied.
16.3% of all applications, or 18.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Lendage originated in Florida in 2025 was 10.75%, against a statewide median of 6.63%.
About this data. Figures are Lendage'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