NextMortgage in Florida vs the state
3.5%Denial rate-17.61 pts vs state
4.4%Decision denial rate-22.85 pts vs state
67.9%Origination rate+15.24 pts vs state
6.88%Median rate+0.25 pts vs state
0.52Rate spread (pts)+0.25 pts vs state
$102kMedian applicant income
197Loans originated
10Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 255 | 180 | 3.1% | 7.13% | #344 |
| 2024 | 288 | 193 | 1.7% | 6.99% | #322 |
| 2025 | 290 | 197 | 3.5% | 6.88% | #310 |
What NextMortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most NextMortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Volusia County | 119 | 86 | 2 | 1.7% |
| Seminole County | 30 | 18 | 4 | 13.3% |
| Duval County | 24 | 17 | 1 | 4.2% |
| Marion County | 22 | 15 | 1 | 4.5% |
| Lake County | 19 | 13 | 0 | 0.0% |
| Orange County | 17 | 11 | 0 | 0.0% |
| Polk County | 9 | 6 | 0 | 0.0% |
| Pinellas County | 7 | 3 | 1 | 14.3% |
| Broward County | 6 | 3 | 0 | 0.0% |
| Brevard County | 6 | 4 | 0 | 0.0% |
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: 290 applications in 2025, of which 197 were originated and 10 denied.
3.5% of all applications, or 4.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans NextMortgage originated in Florida in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are NextMortgage'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