Logan Finance · Florida · 2025

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

Logan Finance took 763 mortgage applications in Florida in 2025, ranking #187 of 1,993 lenders active in the state. It originated 50.9% of them and denied 11.8% (18.5% of the applications it decided), against a statewide denial rate of 21.1%.

763Applicationsin FL
18.5%Decision denial ratestate 27.2%
7.25%Median ratestate 6.63%
$375,000Median loanstate $255,000
$200MVolume42 counties

Logan Finance in Florida vs the state

11.8%Denial rate-9.26 pts vs state
18.5%Decision denial rate-8.76 pts vs state
50.9%Origination rate-1.84 pts vs state
7.25%Median rate+0.62 pts vs state
0.94Rate spread (pts)+0.67 pts vs state
$302kMedian applicant income
388Loans originated
90Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234772698.4%8.25%#238
20248785056.6%7.75%#166
202576338811.8%7.25%#187

What Logan Finance lends in Florida

By loan purpose

Home purchase 412 54% · 9.7% denied
Refinance 65 9% · 12.3% denied
Cash-out refinance 286 37% · 14.7% denied

By loan type

Conventional 763 100% · 11.8% denied

Why it denied Florida applicants

Collateral 33 37%
Other 18 20%
Credit history 13 14%
Debt-to-income ratio 10 11%
Insufficient cash 8 9%
Unverifiable information 4 4%
Incomplete application 3 3%
Employment history 1 1%

Where in Florida

Counties with the most Logan Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 2109229 13.8%
Broward County 994711 11.1%
Palm Beach County 60385 8.3%
Orange County 42184 9.5%
Lee County 40285 12.5%
Marion County 26143 11.5%
Pinellas County 26124 15.4%
Hillsborough County 25141 4.0%
St. Lucie County 23123 13.0%
Polk County 22131 4.5%

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: 763 applications in 2025, of which 388 were originated and 90 denied.

11.8% of all applications, or 18.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Logan Finance originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Logan Finance'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