Loandepot.Com · Florida · 2025

Loandepot.Com in Florida: approval rate, denial rate and rates (2025)

Loandepot.Com took 13,189 mortgage applications in Florida in 2025, ranking #13 of 1,993 lenders active in the state. It originated 56.6% of them and denied 25.2% (30.3% of the applications it decided), against a statewide denial rate of 21.1%.

13kApplicationsin FL
30.3%Decision denial ratestate 27.2%
6.50%Median ratestate 6.63%
$235,000Median loanstate $255,000
$1.9BVolume67 counties

Loandepot.Com in Florida vs the state

25.2%Denial rate+4.18 pts vs state
30.3%Decision denial rate+3.09 pts vs state
56.6%Origination rate+3.87 pts vs state
6.50%Median rate-0.13 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$90kMedian applicant income
7,460Loans originated
3,329Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312,6017,00224.8%6.50%#14
202414,0887,43226.4%6.63%#12
202513,1897,46025.2%6.50%#13

What Loandepot.Com lends in Florida

By loan purpose

Home purchase 6,096 46% · 19.2% denied
Refinance 622 5% · 24.9% denied
Cash-out refinance 2,795 21% · 31.2% denied
Home improvement 362 3% · 26.2% denied
Other / HELOC 3,314 25% · 31.3% denied

By loan type

Conventional 7,865 60% · 22.5% denied
FHA 4,055 31% · 31.6% denied
VA 1,226 9% · 20.2% denied
USDA / RHS 43 0% · 65.1% denied

Why it denied Florida applicants

Debt-to-income ratio 1,339 40%
Collateral 659 20%
Unverifiable information 530 16%
Credit history 331 10%
Incomplete application 244 7%
Other 114 3%
Insufficient cash 90 3%
Employment history 22 1%

Where in Florida

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1,100665295 26.8%
Lee County 1,077700214 19.9%
Broward County 756387212 28.0%
Miami-Dade County 721338244 33.8%
Palm Beach County 581296154 26.5%
St. Lucie County 566294201 35.5%
Duval County 543296146 26.9%
Orange County 530297122 23.0%
Hillsborough County 463261102 22.0%
Sarasota County 44728798 21.9%

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%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 13,189 applications in 2025, of which 7,460 were originated and 3,329 denied.

25.2% of all applications, or 30.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Loandepot.Com originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Loandepot.Com'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