My Mortgage · Florida · 2025

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

My Mortgage took 980 mortgage applications in Florida in 2025, ranking #156 of 1,993 lenders active in the state. It originated 75.7% of them and denied 1.6% (2.0% of the applications it decided), against a statewide denial rate of 21.1%.

980Applicationsin FL
2.0%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$375,000Median loanstate $255,000
$299MVolume31 counties

My Mortgage in Florida vs the state

1.6%Denial rate-19.43 pts vs state
2.0%Decision denial rate-25.23 pts vs state
75.7%Origination rate+23.02 pts vs state
6.75%Median rate+0.13 pts vs state
0.89Rate spread (pts)+0.62 pts vs state
$110kMedian applicant income
742Loans originated
16Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1937852.9%7.00%#129
20241,1347922.9%6.99%#135
20259807421.6%6.75%#156

What My Mortgage lends in Florida

By loan purpose

Home purchase 900 92% · 1.7% denied
Refinance 80 8% · 1.3% denied

By loan type

Conventional 446 46% · 2.0% denied
FHA 526 54% · 1.3% denied
VA 8 1% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 7 44%
Insufficient cash 6 38%
Collateral 3 19%

Where in Florida

Counties with the most My Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 2792153 1.1%
Hillsborough County 2421894 1.7%
Broward County 109782 1.8%
Pasco County 67521 1.5%
Hernando County 45400 0.0%
Lee County 42320 0.0%
Osceola County 25181 4.0%
Orange County 22181 4.5%
Polk County 19123 15.8%
Pinellas County 15100 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: 980 applications in 2025, of which 742 were originated and 16 denied.

1.6% of all applications, or 2.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans My Mortgage originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are My Mortgage'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