New Day Financial in Florida vs the state
23.8%Denial rate+2.75 pts vs state
57.8%Decision denial rate+30.59 pts vs state
15.5%Origination rate-37.16 pts vs state
6.99%Median rate+0.37 pts vs state
0.70Rate spread (pts)+0.43 pts vs state
$80kMedian applicant income
805Loans originated
1,234Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,847 | 564 | 26.3% | 7.49% | #53 |
| 2024 | 5,044 | 674 | 27.3% | 7.50% | #44 |
| 2025 | 5,183 | 805 | 23.8% | 6.99% | #42 |
What New Day Financial lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 327 | 51 | 69 | 21.1% |
| Duval County | 321 | 55 | 89 | 27.7% |
| Brevard County | 265 | 33 | 58 | 21.9% |
| Polk County | 250 | 38 | 61 | 24.4% |
| Volusia County | 231 | 40 | 54 | 23.4% |
| Orange County | 207 | 27 | 53 | 25.6% |
| Palm Beach County | 198 | 19 | 56 | 28.3% |
| Pasco County | 196 | 38 | 54 | 27.6% |
| Pinellas County | 191 | 26 | 50 | 26.2% |
| Marion County | 188 | 41 | 47 | 25.0% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 5,183 applications in 2025, of which 805 were originated and 1,234 denied.
23.8% of all applications, or 57.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans New Day Financial originated in Florida in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are New Day Financial'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