Lennar Mortgage · Florida · 2025

Lennar Mortgage in Florida: approval rate, denial rate and rates (2025)

Lennar Mortgage took 14,984 mortgage applications in Florida in 2025, ranking #9 of 1,993 lenders active in the state. It originated 71.4% of them and denied 21.0% (22.7% of the applications it decided), against a statewide denial rate of 21.1%.

15kApplicationsin FL
22.7%Decision denial ratestate 27.2%
4.75%Median ratestate 6.63%
$325,000Median loanstate $255,000
$3.6BVolume35 counties

Lennar Mortgage in Florida vs the state

21.0%Denial rate-0.05 pts vs state
22.7%Decision denial rate-4.56 pts vs state
71.4%Origination rate+18.67 pts vs state
4.75%Median rate-1.88 pts vs state
-1.29Rate spread (pts)-1.56 pts vs state
$105kMedian applicant income
10,692Loans originated
3,148Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313,5529,48316.0%5.75%#12
202415,26210,90817.9%5.13%#9
202514,98410,69221.0%4.75%#9

What Lennar Mortgage lends in Florida

By loan purpose

Home purchase 14,978 100% · 21.0% denied
Refinance 3 0% · 0.0% denied
Cash-out refinance 3 0% · 33.3% denied

By loan type

Conventional 7,069 47% · 16.1% denied
FHA 6,201 41% · 27.7% denied
VA 1,674 11% · 16.9% denied
USDA / RHS 40 0% · 27.5% denied

Why it denied Florida applicants

Debt-to-income ratio 1,763 56%
Credit history 683 22%
Unverifiable information 329 10%
Insufficient cash 133 4%
Other 128 4%
Employment history 83 3%
Incomplete application 21 1%
Collateral 8 0%

Where in Florida

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pasco County 1,6921,298298 17.6%
Lee County 1,403870415 29.6%
Polk County 1,326857398 30.0%
Manatee County 1,270908240 18.9%
Miami-Dade County 1,134790267 23.5%
Hillsborough County 1,017771184 18.1%
Charlotte County 970616206 21.2%
St. Johns County 64153459 9.2%
Osceola County 569369178 31.3%
Lake County 510381103 20.2%

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%
Truist BankC 14,14041.5%6.60%
Regions BankC 14,06239.5%5.38%

Frequently asked questions

Florida: 14,984 applications in 2025, of which 10,692 were originated and 3,148 denied.

21.0% of all applications, or 22.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Lennar Mortgage originated in Florida in 2025 was 4.75%, against a statewide median of 6.63%.

About this data. Figures are Lennar Mortgage'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