Norwich Commercial Group · Florida · 2025

Norwich Commercial Group in Florida: approval rate, denial rate and rates (2025)

Norwich Commercial Group took 254 mortgage applications in Florida in 2025, ranking #336 of 1,993 lenders active in the state. It originated 44.1% of them and denied 15.0% (25.3% of the applications it decided), against a statewide denial rate of 21.1%.

254Applicationsin FL
25.3%Decision denial ratestate 27.2%
6.50%Median ratestate 6.63%
$285,000Median loanstate $255,000
$32MVolume40 counties

Norwich Commercial Group in Florida vs the state

15.0%Denial rate-6.10 pts vs state
25.3%Decision denial rate-1.91 pts vs state
44.1%Origination rate-8.60 pts vs state
6.50%Median rate-0.13 pts vs state
0.10Rate spread (pts)-0.17 pts vs state
$90kMedian applicant income
112Loans originated
38Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232119222.8%6.75%#374
202426914215.2%6.50%#334
202525411215.0%6.50%#336

What Norwich Commercial Group lends in Florida

By loan purpose

Home purchase 206 81% · 16.0% denied
Refinance 48 19% · 10.4% denied

By loan type

Conventional 117 46% · 17.1% denied
FHA 81 32% · 17.3% denied
VA 54 21% · 7.4% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Florida applicants

Incomplete application 21 55%
Debt-to-income ratio 5 13%
Collateral 4 11%
Other 4 11%
Credit history 2 5%
Unverifiable information 2 5%

Where in Florida

Counties with the most Norwich Commercial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 19104 21.1%
Pinellas County 1884 22.2%
Lee County 1637 43.8%
Broward County 1544 26.7%
Brevard County 1541 6.7%
Duval County 1480 0.0%
Polk County 1371 7.7%
Palm Beach County 1351 7.7%
Pasco County 1291 8.3%
Orange County 1151 9.1%

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: 254 applications in 2025, of which 112 were originated and 38 denied.

15.0% of all applications, or 25.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Norwich Commercial Group originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Norwich Commercial Group'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