Loan Simple in Florida vs the state
10.5%Denial rate-10.53 pts vs state
15.3%Decision denial rate-11.99 pts vs state
58.5%Origination rate+5.79 pts vs state
6.99%Median rate+0.37 pts vs state
1.10Rate spread (pts)+0.84 pts vs state
$88kMedian applicant income
100Loans originated
18Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 239 | 128 | 9.2% | 7.19% | #352 |
| 2024 | 135 | 76 | 3.0% | 6.75% | #435 |
| 2025 | 171 | 100 | 10.5% | 6.99% | #398 |
What Loan Simple lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Loan Simple applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 18 | 7 | 2 | 11.1% |
| Lee County | 16 | 12 | 2 | 12.5% |
| Broward County | 12 | 9 | 0 | 0.0% |
| Brevard County | 9 | 5 | 0 | 0.0% |
| St. Lucie County | 9 | 4 | 1 | 11.1% |
| Pasco County | 8 | 4 | 2 | 25.0% |
| Manatee County | 6 | 2 | 2 | 33.3% |
| Escambia County | 5 | 3 | 0 | 0.0% |
| Okaloosa County | 5 | 3 | 1 | 20.0% |
| Charlotte County | 5 | 4 | 0 | 0.0% |
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: 171 applications in 2025, of which 100 were originated and 18 denied.
10.5% of all applications, or 15.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Loan Simple originated in Florida in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are Loan Simple'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