Loansteady · Florida · 2025

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

Loansteady took 80 mortgage applications in Florida in 2025, ranking #522 of 1,993 lenders active in the state. It originated 58.8% of them and denied 3.8% (5.2% of the applications it decided), against a statewide denial rate of 21.1%.

80Applicationsin FL
5.2%Decision denial ratestate 27.2%
6.13%Median ratestate 6.63%
$340,000Median loanstate $255,000
$18MVolume31 counties

Loansteady in Florida vs the state

3.8%Denial rate-17.31 pts vs state
5.2%Decision denial rate-22.07 pts vs state
58.8%Origination rate+6.06 pts vs state
6.13%Median rate-0.50 pts vs state
-0.02Rate spread (pts)-0.29 pts vs state
$137kMedian applicant income
47Loans originated
3Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202420155.0%6.25%#778
202580473.8%6.13%#522

What Loansteady lends in Florida

By loan purpose

Home purchase 73 91% · 4.1% denied
Refinance 4 5% · 0.0% denied
Cash-out refinance 3 4% · 0.0% denied

By loan type

Conventional 56 70% · 3.6% denied
FHA 12 15% · 8.3% denied
VA 12 15% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 2 67%
Credit history 1 33%

Where in Florida

Counties with the most Loansteady applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pasco County 631 16.7%
Hillsborough County 640 0.0%
Brevard County 630 0.0%
Orange County 530 0.0%
Martin County 510 0.0%
Duval County 520 0.0%
Pinellas County 530 0.0%
Lee County 421 25.0%
Seminole County 420 0.0%
Miami-Dade County 310 0.0%

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: 80 applications in 2025, of which 47 were originated and 3 denied.

3.8% of all applications, or 5.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Loansteady originated in Florida in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Loansteady'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