Milend · Florida · 2025

Milend in Florida: approval rate, denial rate and rates (2025)

Milend took 490 mortgage applications in Florida in 2025, ranking #242 of 1,993 lenders active in the state. It originated 16.1% of them and denied 19.8% (52.2% of the applications it decided), against a statewide denial rate of 21.1%.

490Applicationsin FL
52.2%Decision denial ratestate 27.2%
6.25%Median ratestate 6.63%
$285,000Median loanstate $255,000
$23MVolume55 counties

Milend in Florida vs the state

19.8%Denial rate-1.26 pts vs state
52.2%Decision denial rate+24.91 pts vs state
16.1%Origination rate-36.57 pts vs state
6.25%Median rate-0.38 pts vs state
0.27Rate spread (pts)0.00 pts vs state
$80kMedian applicant income
79Loans originated
97Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369114713.0%6.63%#193
20245851279.9%6.49%#218
20254907919.8%6.25%#242

What Milend lends in Florida

By loan purpose

Home purchase 8 2% · 0.0% denied
Refinance 482 98% · 20.1% denied

By loan type

Conventional 104 21% · 23.1% denied
FHA 303 62% · 20.1% denied
VA 83 17% · 14.5% denied

Why it denied Florida applicants

Debt-to-income ratio 49 51%
Collateral 19 20%
Credit history 19 20%
Other 8 8%
Employment history 2 2%

Where in Florida

Counties with the most Milend applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 3957 17.9%
Broward County 3017 23.3%
Palm Beach County 2922 6.9%
Pasco County 2735 18.5%
Duval County 2554 16.0%
Orange County 2345 21.7%
Pinellas County 2263 13.6%
Volusia County 2135 23.8%
Lee County 2006 30.0%
Brevard County 2014 20.0%

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: 490 applications in 2025, of which 79 were originated and 97 denied.

19.8% of all applications, or 52.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Milend originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Milend'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