Mortgage lender · Tampa, FL · LEI 549300TVLFC2SSLVOP06

Metroplex Mortgage Services review: approval odds, rates and grade (2025)

Metroplex Mortgage Services earns a B, better than most small mortgage lenders. It turned down 4.5% of the applications it decided on in 2025, which ranks in the 76th percentile for approval odds. Its median loan was priced 0.36 points above the average prime offer rate, ranking in the 39th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

261Applications2025
81.6%Originatedof applications
4.5%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$52MLoan volume4 states

Metroplex Mortgage Services at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

3.8%Denial rate (all applications)-14.15 pts vs national
4.5%Denial rate (decided applications)-18.11 pts vs national
81.6%Origination rate+23.58 pts vs national
14.2%Withdrawn by applicant
0.4%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.36Median rate spread (pts over APOR)+0.11 pts vs national
$225,000Median loan amount
$8,161Median total loan costs
$78kMedian applicant income
85%Median loan-to-value
6High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

76th4.5% denied

Pricingmedian rate spread over APOR, weight 30%

39th0.36 pts

Processwithdrawn + incomplete share, weight 15%

37th14.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

11th3.63% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232321843.9%4.7%6.75%$43M
20242702024.8%6.1%6.63%$49M
20252612133.8%4.5%6.63%$52M

What Metroplex Mortgage Services lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 195 75% · 1.0% denied
Refinance 30 11% · 20.0% denied
Cash-out refinance 36 14% · 5.6% denied

By loan type

Conventional 84 32% · 4.8% denied
FHA 34 13% · 2.9% denied
VA 55 21% · 3.6% denied
USDA / RHS 88 34% · 3.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 37 manufactured homes, 9 investment properties.

Why Metroplex Mortgage Services denies applications

Primary reason reported for each of the 10 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 4 40%
Debt-to-income ratio 2 20%
Incomplete application 2 20%
Unverifiable information 1 10%
Collateral 1 10%

How these reasons compare nationally →

Who gets approved at Metroplex Mortgage Services

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k23190.0%
$50k – $100k1601304.4%
$100k – $150k52424.6%
Applicant ageApplicationsOriginatedDecision denial rate
25–3458492.0%
35–4452422.3%
45–5440332.9%
55–64433310.8%
65–7436289.7%

Where Metroplex Mortgage Services lends

4 states and 39 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Florida2542073.9%6.63%#337

Frequently asked questions

Metroplex Mortgage Services denied 4.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 76th percentile of small mortgage lenders.

The most common reason Metroplex Mortgage Services gave in 2025 was "other", cited on 40.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Metroplex Mortgage Services originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.36 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 75% of its applications were for home purchases, 25% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 32% conventional, 13% FHA, 21% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Metroplex Mortgage Services. Data sources · Methodology