Member First Mortgage in Florida vs the state
22.7%Denial rate+1.60 pts vs state
37.2%Decision denial rate+9.94 pts vs state
34.4%Origination rate-18.31 pts vs state
6.25%Median rate-0.38 pts vs state
0.22Rate spread (pts)-0.05 pts vs state
$99kMedian applicant income
44Loans originated
29Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 45 | 16 | 4.4% | 6.69% | #648 |
| 2024 | 62 | 25 | 19.4% | 6.38% | #562 |
| 2025 | 128 | 44 | 22.7% | 6.25% | #442 |
What Member First Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Member First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 23 | 9 | 6 | 26.1% |
| Pasco County | 14 | 7 | 3 | 21.4% |
| Miami-Dade County | 12 | 2 | 2 | 16.7% |
| Pinellas County | 12 | 4 | 5 | 41.7% |
| Polk County | 8 | 4 | 2 | 25.0% |
| Lee County | 6 | 1 | 1 | 16.7% |
| Leon County | 6 | 3 | 1 | 16.7% |
| St. Johns County | 5 | 3 | 1 | 20.0% |
| Broward County | 4 | 1 | 2 | 50.0% |
| Marion County | 4 | 2 | 1 | 25.0% |
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: 128 applications in 2025, of which 44 were originated and 29 denied.
22.7% of all applications, or 37.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Member First Mortgage originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Member First 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