Midflorida at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
2nd51.3% deniedPricingmedian rate spread over APOR, weight 30%
84th-0.06 ptsProcesswithdrawn + incomplete share, weight 15%
60th14.8%Closing coststotal loan costs ÷ loan amount, weight 10%
100th0.21% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 8,190 | 3,083 | 47.2% | 55.0% | 6.25% | $545M |
| 2024 | 8,874 | 3,350 | 47.7% | 55.1% | 6.49% | $615M |
| 2025 | 9,215 | 3,729 | 43.7% | 51.3% | 6.38% | $767M |
What Midflorida 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
By loan type
Also: 2,958 home-equity lines, 0 reverse mortgages, 212 manufactured homes, 208 investment properties.
Why Midflorida denies applications
Primary reason reported for each of the 4,026 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Midflorida
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 1,481 | 224 | 83.3% |
| $50k – $100k | 2,880 | 1,069 | 56.3% |
| $100k – $150k | 2,062 | 987 | 41.4% |
| $150k – $250k | 1,669 | 868 | 35.4% |
| Over $250k | 987 | 505 | 30.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 363 | 30 | 91.1% |
| 25–34 | 1,135 | 342 | 63.0% |
| 35–44 | 1,839 | 730 | 52.0% |
| 45–54 | 1,910 | 832 | 47.7% |
| 55–64 | 1,924 | 860 | 46.4% |
| 65–74 | 1,396 | 632 | 45.6% |
| Over 74 | 578 | 260 | 46.4% |
Where Midflorida lends
29 states and 129 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Midflorida denied 51.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 2nd percentile of mid-size mortgage lenders.
The most common reason Midflorida gave in 2025 was "credit history", cited on 35.2% 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 Midflorida originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was -0.06 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 25% of its applications were for home purchases, 18% for refinancing (including cash-out), and 57% for home improvement or other purposes. By loan type: 99% conventional, 1% FHA, 0% 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.