Neighborhood Loans · Florida · 2025

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

Neighborhood Loans took 360 mortgage applications in Florida in 2025, ranking #283 of 1,993 lenders active in the state. It originated 20.3% of them and denied 56.1% (72.7% of the applications it decided), against a statewide denial rate of 21.1%.

360Applicationsin FL
72.7%Decision denial ratestate 27.2%
7.88%Median ratestate 6.63%
$215,000Median loanstate $255,000
$1.1MVolume32 counties

Neighborhood Loans in Florida vs the state

56.1%Denial rate+35.05 pts vs state
72.7%Decision denial rate+45.42 pts vs state
20.3%Origination rate-32.41 pts vs state
7.88%Median rate+1.25 pts vs state
-6.65Rate spread (pts)-6.92 pts vs state
$82kMedian applicant income
73Loans originated
202Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231337237.6%6.63%#440
20241307330.0%6.99%#443
20253607356.1%7.88%#283

What Neighborhood Loans lends in Florida

By loan purpose

Home purchase 300 83% · 50.3% denied
Refinance 21 6% · 81.0% denied
Cash-out refinance 39 11% · 87.2% denied

By loan type

Conventional 255 71% · 51.0% denied
FHA 88 24% · 70.5% denied
VA 15 4% · 53.3% denied
USDA / RHS 2 1% · 100.0% denied

Why it denied Florida applicants

Incomplete application 152 75%
Collateral 20 10%
Insufficient cash 8 4%
Credit history 7 3%
Debt-to-income ratio 7 3%
Unverifiable information 6 3%
Other 2 1%

Where in Florida

Counties with the most Neighborhood Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1834495 51.9%
Hillsborough County 2169 42.9%
Pasco County 1457 50.0%
Lee County 13010 76.9%
Marion County 1245 41.7%
Manatee County 1206 50.0%
Orange County 1017 70.0%
Citrus County 1035 50.0%
Highlands County 925 55.6%
Hernando County 815 62.5%

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: 360 applications in 2025, of which 73 were originated and 202 denied.

56.1% of all applications, or 72.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Neighborhood Loans originated in Florida in 2025 was 7.88%, against a statewide median of 6.63%.

About this data. Figures are Neighborhood Loans'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