Morgan Stanley Private Bank · Florida · 2025

Morgan Stanley Private Bank in Florida: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 1,430 mortgage applications in Florida in 2025, ranking #115 of 1,993 lenders active in the state. It originated 69.2% of them and denied 5.9% (7.4% of the applications it decided), against a statewide denial rate of 21.1%.

1.4kApplicationsin FL
7.4%Decision denial ratestate 27.2%
5.93%Median ratestate 6.63%
$755,000Median loanstate $255,000
$1.2BVolume41 counties

Morgan Stanley Private Bank in Florida vs the state

5.9%Denial rate-15.19 pts vs state
7.4%Decision denial rate-19.86 pts vs state
69.2%Origination rate+16.54 pts vs state
5.93%Median rate-0.70 pts vs state
-0.16Rate spread (pts)-0.43 pts vs state
$382kMedian applicant income
990Loans originated
84Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6561,1706.6%5.75%#96
20241,5341,0996.3%6.10%#104
20251,4309905.9%5.93%#115

What Morgan Stanley Private Bank lends in Florida

By loan purpose

Home purchase 961 67% · 3.9% denied
Refinance 50 3% · 6.0% denied
Cash-out refinance 45 3% · 6.7% denied
Home improvement 32 2% · 18.8% denied
Other / HELOC 342 24% · 10.2% denied

By loan type

Conventional 1,430 100% · 5.9% denied

Why it denied Florida applicants

Debt-to-income ratio 60 71%
Collateral 10 12%
Unverifiable information 7 8%
Other 5 6%
Credit history 2 2%

Where in Florida

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 26819015 5.6%
Miami-Dade County 22912728 12.2%
Broward County 112795 4.5%
Collier County 95694 4.2%
Pinellas County 72494 5.6%
Lee County 66473 4.5%
Hillsborough County 64495 7.8%
Sarasota County 61471 1.6%
Orange County 43283 7.0%
Duval County 41302 4.9%

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: 1,430 applications in 2025, of which 990 were originated and 84 denied.

5.9% of all applications, or 7.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Morgan Stanley Private Bank originated in Florida in 2025 was 5.93%, against a statewide median of 6.63%.

About this data. Figures are Morgan Stanley Private 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