Merchants Mortgage & Trust Corporation in Florida vs the state
2.3%Denial rate-18.81 pts vs state
2.7%Decision denial rate-24.50 pts vs state
79.8%Origination rate+27.09 pts vs state
10.25%Median rate+3.63 pts vs state
—Rate spread (pts)
—Median applicant income
71Loans originated
2Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 39 | 0.0% | 10.50% | #661 |
| 2024 | 59 | 48 | 0.0% | 10.50% | #569 |
| 2025 | 89 | 71 | 2.3% | 10.25% | #504 |
What Merchants Mortgage & Trust Corporation lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Merchants Mortgage & Trust Corporation applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pinellas County | 16 | 13 | 0 | 0.0% |
| Hillsborough County | 12 | 12 | 0 | 0.0% |
| Palm Beach County | 6 | 4 | 0 | 0.0% |
| Broward County | 6 | 5 | 0 | 0.0% |
| Lee County | 5 | 3 | 1 | 20.0% |
| Miami-Dade County | 5 | 5 | 0 | 0.0% |
| Duval County | 4 | 2 | 0 | 0.0% |
| Orange County | 4 | 2 | 0 | 0.0% |
| Escambia County | 3 | 3 | 0 | 0.0% |
| Manatee County | 3 | 3 | 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: 89 applications in 2025, of which 71 were originated and 2 denied.
2.3% of all applications, or 2.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Merchants Mortgage & Trust Corporation originated in Florida in 2025 was 10.25%, against a statewide median of 6.63%.
About this data. Figures are Merchants Mortgage & Trust Corporation'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