Midland States Bank · Florida · 2025

Midland States Bank in Florida: approval rate, denial rate and rates (2025)

Midland States Bank took 11 mortgage applications in Florida in 2025, ranking #896 of 1,993 lenders active in the state. It originated 63.6% of them and denied 27.3% (30.0% of the applications it decided), against a statewide denial rate of 21.1%.

11Applicationsin FL
30.0%Decision denial ratestate 27.2%
7.00%Median ratestate 6.63%
$465,000Median loanstate $255,000
$29MVolume10 counties

Midland States Bank in Florida vs the state

27.3%Denial rate+6.21 pts vs state
30.0%Decision denial rate+2.76 pts vs state
63.6%Origination rate+10.95 pts vs state
7.00%Median rate+0.38 pts vs state
0.75Rate spread (pts)+0.48 pts vs state
$165kMedian applicant income
7Loans originated
3Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231030.0%7.38%#1,006
20246333.3%7.25%#1,041
202511727.3%7.00%#896

What Midland States Bank lends in Florida

By loan purpose

Home purchase 7 64% · 14.3% denied
Refinance 2 18% · 50.0% denied
Cash-out refinance 2 18% · 50.0% denied

By loan type

Conventional 10 91% · 20.0% denied
FHA 1 9% · 100.0% denied

Why it denied Florida applicants

Collateral 1 33%
Employment history 1 33%
Debt-to-income ratio 1 33%

Where in Florida

Counties with the most Midland States Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bay County 211 50.0%
Hillsborough County 110 0.0%
Lee County 110 0.0%
Pinellas County 101 100.0%
Indian River County 101 100.0%
Manatee County 110 0.0%
Marion County 110 0.0%
Broward County 110 0.0%
Charlotte County 100 0.0%
Collier County 110 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 11 applications in 2025, of which 7 were originated and 3 denied.

27.3% of all applications, or 30.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Midland States Bank originated in Florida in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Midland States Bank'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