Luxury Mortgage in Florida vs the state
13.9%Denial rate-7.17 pts vs state
18.5%Decision denial rate-8.79 pts vs state
60.3%Origination rate+7.59 pts vs state
7.38%Median rate+0.75 pts vs state
0.96Rate spread (pts)+0.69 pts vs state
$289kMedian applicant income
217Loans originated
50Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 77 | 42 | 18.2% | 8.25% | #535 |
| 2024 | 234 | 125 | 15.4% | 7.50% | #356 |
| 2025 | 360 | 217 | 13.9% | 7.38% | #282 |
What Luxury Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Luxury Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 138 | 86 | 22 | 15.9% |
| Broward County | 40 | 25 | 7 | 17.5% |
| Orange County | 26 | 20 | 1 | 3.8% |
| Palm Beach County | 23 | 13 | 1 | 4.3% |
| Hillsborough County | 11 | 5 | 0 | 0.0% |
| Brevard County | 11 | 5 | 2 | 18.2% |
| Osceola County | 10 | 7 | 2 | 20.0% |
| Escambia County | 9 | 1 | 0 | 0.0% |
| Pinellas County | 8 | 7 | 1 | 12.5% |
| Volusia County | 8 | 6 | 1 | 12.5% |
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: 360 applications in 2025, of which 217 were originated and 50 denied.
13.9% 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 Luxury Mortgage originated in Florida in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Luxury Mortgage'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