Newrez in Florida vs the state
22.4%Denial rate+1.29 pts vs state
40.5%Decision denial rate+13.29 pts vs state
32.2%Origination rate-20.48 pts vs state
6.75%Median rate+0.13 pts vs state
0.42Rate spread (pts)+0.15 pts vs state
$99kMedian applicant income
5,643Loans originated
3,916Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10,914 | 3,509 | 22.7% | 6.75% | #19 |
| 2024 | 15,327 | 5,081 | 23.9% | 6.75% | #8 |
| 2025 | 17,519 | 5,643 | 22.4% | 6.75% | #7 |
What Newrez lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 1,993 | 446 | 601 | 30.2% |
| Broward County | 1,656 | 422 | 482 | 29.1% |
| Hillsborough County | 1,141 | 369 | 244 | 21.4% |
| Palm Beach County | 1,041 | 323 | 262 | 25.2% |
| Orange County | 907 | 245 | 208 | 22.9% |
| Pinellas County | 841 | 346 | 138 | 16.4% |
| Polk County | 701 | 205 | 163 | 23.3% |
| Duval County | 664 | 212 | 146 | 22.0% |
| Lee County | 650 | 198 | 148 | 22.8% |
| Brevard County | 636 | 258 | 96 | 15.1% |
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% |
| 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% |
| Regions Bank | C | 14,062 | 39.5% | 5.38% |
Frequently asked questions
Florida: 17,519 applications in 2025, of which 5,643 were originated and 3,916 denied.
22.4% of all applications, or 40.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Newrez originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Newrez'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