Longbridge Financial · Florida · 2025

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

Longbridge Financial took 739 mortgage applications in Florida in 2025, ranking #192 of 1,993 lenders active in the state. It originated 53.6% of them and denied 16.0% (20.7% of the applications it decided), against a statewide denial rate of 21.1%.

739Applicationsin FL
20.7%Decision denial ratestate 27.2%
6.25%Median ratestate 6.63%
$195,000Median loanstate $255,000
$111MVolume48 counties

Longbridge Financial in Florida vs the state

16.0%Denial rate-5.09 pts vs state
20.7%Decision denial rate-6.50 pts vs state
53.6%Origination rate+0.90 pts vs state
6.25%Median rate-0.38 pts vs state
Rate spread (pts)
$33kMedian applicant income
396Loans originated
118Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202355033316.7%7.51%#220
202462838015.5%7.06%#206
202573939616.0%6.25%#192

What Longbridge Financial lends in Florida

By loan purpose

Home purchase 24 3% · 4.2% denied
Refinance 441 60% · 13.4% denied
Cash-out refinance 28 4% · 14.3% denied
Home improvement 26 4% · 19.2% denied
Other / HELOC 220 30% · 22.3% denied

By loan type

Conventional 203 27% · 24.6% denied
FHA 536 73% · 12.7% denied

Why it denied Florida applicants

Other 36 31%
Debt-to-income ratio 24 20%
Insufficient cash 24 20%
Collateral 19 16%
Incomplete application 14 12%
Credit history 1 1%

Where in Florida

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 934019 20.4%
Palm Beach County 883514 15.9%
Broward County 693712 17.4%
Pinellas County 33196 18.2%
Marion County 32166 18.8%
Brevard County 27124 14.8%
Orange County 26146 23.1%
Duval County 25190 0.0%
St. Lucie County 24143 12.5%
Sarasota County 23117 30.4%

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: 739 applications in 2025, of which 396 were originated and 118 denied.

16.0% of all applications, or 20.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Longbridge Financial originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Longbridge Financial'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