Luminate Bank in Florida vs the state
5.0%Denial rate-16.06 pts vs state
7.2%Decision denial rate-20.05 pts vs state
63.6%Origination rate+10.89 pts vs state
6.63%Median rate0.00 pts vs state
0.50Rate spread (pts)+0.23 pts vs state
$104kMedian applicant income
686Loans originated
54Denied
What Luminate Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 181 | 115 | 14 | 7.7% |
| Lee County | 127 | 84 | 9 | 7.1% |
| Orange County | 77 | 48 | 2 | 2.6% |
| Sarasota County | 76 | 49 | 4 | 5.3% |
| Manatee County | 63 | 41 | 3 | 4.8% |
| Hillsborough County | 56 | 36 | 0 | 0.0% |
| Lake County | 35 | 21 | 3 | 8.6% |
| Seminole County | 32 | 26 | 1 | 3.1% |
| Palm Beach County | 31 | 22 | 0 | 0.0% |
| Broward County | 31 | 15 | 2 | 6.5% |
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: 1,079 applications in 2025, of which 686 were originated and 54 denied.
5.0% of all applications, or 7.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Luminate Bank originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Luminate Bank'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