Loan Funder in Florida vs the state
15.4%Denial rate-5.63 pts vs state
31.9%Decision denial rate+4.68 pts vs state
32.9%Origination rate-19.79 pts vs state
10.25%Median rate+3.63 pts vs state
—Rate spread (pts)
—Median applicant income
435Loans originated
204Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 940 | 451 | 6.0% | 10.99% | #158 |
| 2024 | 2,129 | 861 | 11.4% | 10.75% | #88 |
| 2025 | 1,322 | 435 | 15.4% | 10.25% | #124 |
What Loan Funder lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Loan Funder applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Duval County | 139 | 37 | 17 | 12.2% |
| Broward County | 123 | 33 | 22 | 17.9% |
| Pinellas County | 123 | 43 | 21 | 17.1% |
| Miami-Dade County | 110 | 34 | 17 | 15.5% |
| Hillsborough County | 93 | 30 | 17 | 18.3% |
| Lee County | 91 | 44 | 16 | 17.6% |
| Palm Beach County | 84 | 30 | 15 | 17.9% |
| Orange County | 79 | 25 | 13 | 16.5% |
| Polk County | 42 | 13 | 4 | 9.5% |
| Charlotte County | 38 | 4 | 7 | 18.4% |
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: 1,322 applications in 2025, of which 435 were originated and 204 denied.
15.4% of all applications, or 31.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Loan Funder originated in Florida in 2025 was 10.25%, against a statewide median of 6.63%.
About this data. Figures are Loan Funder'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