Mass. Institute of Tech. Federal Credit Union in Florida vs the state
14.3%Denial rate-6.77 pts vs state
25.0%Decision denial rate-2.24 pts vs state
42.9%Origination rate-9.83 pts vs state
6.50%Median rate-0.13 pts vs state
-0.05Rate spread (pts)-0.32 pts vs state
$174kMedian applicant income
3Loans originated
1Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10 | 6 | 20.0% | 6.06% | #977 |
| 2024 | 10 | 6 | 0.0% | 6.69% | #909 |
| 2025 | 7 | 3 | 14.3% | 6.50% | #1,025 |
What Mass. Institute of Tech. Federal Credit Union lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Mass. Institute of Tech. Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pinellas County | 2 | 1 | 0 | 0.0% |
| Duval County | 1 | 0 | 0 | 0.0% |
| Hillsborough County | 1 | 1 | 0 | 0.0% |
| Pasco County | 1 | 0 | 0 | 0.0% |
| Orange County | 1 | 0 | 1 | 100.0% |
| Broward County | 1 | 1 | 0 | 0.0% |
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: 7 applications in 2025, of which 3 were originated and 1 denied.
14.3% of all applications, or 25.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Mass. Institute of Tech. Federal Credit Union originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Mass. Institute of Tech. Federal Credit Union'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