NJ Lenders in Florida vs the state
5.6%Denial rate-15.45 pts vs state
6.9%Decision denial rate-20.34 pts vs state
74.8%Origination rate+22.08 pts vs state
6.50%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.13 pts vs state
$117kMedian applicant income
80Loans originated
6Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 337 | 234 | 7.4% | 6.50% | #293 |
| 2024 | 261 | 177 | 6.1% | 6.50% | #337 |
| 2025 | 107 | 80 | 5.6% | 6.50% | #472 |
What NJ Lenders lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most NJ Lenders applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 32 | 25 | 2 | 6.3% |
| Palm Beach County | 17 | 14 | 0 | 0.0% |
| Pasco County | 9 | 9 | 0 | 0.0% |
| Polk County | 8 | 6 | 0 | 0.0% |
| Pinellas County | 8 | 7 | 0 | 0.0% |
| Brevard County | 4 | 3 | 0 | 0.0% |
| Collier County | 4 | 3 | 0 | 0.0% |
| Broward County | 4 | 1 | 2 | 50.0% |
| Sarasota County | 4 | 3 | 0 | 0.0% |
| Alachua County | 3 | 2 | 1 | 33.3% |
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: 107 applications in 2025, of which 80 were originated and 6 denied.
5.6% of all applications, or 6.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans NJ Lenders originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are NJ Lenders'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