M/i Financial in Florida vs the state
3.2%Denial rate-17.90 pts vs state
3.3%Decision denial rate-23.95 pts vs state
80.6%Origination rate+27.88 pts vs state
5.50%Median rate-1.13 pts vs state
-0.81Rate spread (pts)-1.07 pts vs state
$148kMedian applicant income
1,223Loans originated
48Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,593 | 1,097 | 3.1% | 6.25% | #101 |
| 2024 | 1,670 | 1,261 | 2.9% | 6.13% | #100 |
| 2025 | 1,518 | 1,223 | 3.2% | 5.50% | #111 |
What M/i Financial lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most M/i Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pasco County | 376 | 310 | 9 | 2.4% |
| Orange County | 260 | 210 | 11 | 4.2% |
| Manatee County | 192 | 154 | 0 | 0.0% |
| Osceola County | 184 | 150 | 15 | 8.2% |
| Sarasota County | 127 | 92 | 1 | 0.8% |
| Seminole County | 97 | 84 | 0 | 0.0% |
| Hernando County | 89 | 74 | 1 | 1.1% |
| Polk County | 77 | 64 | 1 | 1.3% |
| Hillsborough County | 50 | 36 | 5 | 10.0% |
| Charlotte County | 47 | 35 | 1 | 2.1% |
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: 1,518 applications in 2025, of which 1,223 were originated and 48 denied.
3.2% of all applications, or 3.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans M/i Financial originated in Florida in 2025 was 5.50%, against a statewide median of 6.63%.
About this data. Figures are M/i 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