OCMBC · Florida · 2025

OCMBC in Florida: approval rate, denial rate and rates (2025)

OCMBC took 3,226 mortgage applications in Florida in 2025, ranking #62 of 1,993 lenders active in the state. It originated 49.0% of them and denied 14.8% (19.8% of the applications it decided), against a statewide denial rate of 21.1%.

3.2kApplicationsin FL
19.8%Decision denial ratestate 27.2%
7.13%Median ratestate 6.63%
$325,000Median loanstate $255,000
$599MVolume57 counties

OCMBC in Florida vs the state

14.8%Denial rate-6.30 pts vs state
19.8%Decision denial rate-7.43 pts vs state
49.0%Origination rate-3.71 pts vs state
7.13%Median rate+0.50 pts vs state
1.17Rate spread (pts)+0.91 pts vs state
$138kMedian applicant income
1,580Loans originated
476Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,94688926.6%8.13%#89
20242,5811,22420.4%7.63%#73
20253,2261,58014.8%7.13%#62

What OCMBC lends in Florida

By loan purpose

Home purchase 1,854 57% · 14.6% denied
Refinance 319 10% · 15.1% denied
Cash-out refinance 1,053 33% · 15.0% denied

By loan type

Conventional 2,774 86% · 14.0% denied
FHA 400 12% · 19.0% denied
VA 47 1% · 14.9% denied
USDA / RHS 5 0% · 80.0% denied

Why it denied Florida applicants

Incomplete application 163 34%
Debt-to-income ratio 82 17%
Collateral 66 14%
Other 63 13%
Credit history 49 10%
Unverifiable information 30 6%
Employment history 12 3%
Insufficient cash 9 2%
Mortgage insurance denied 2 0%

Where in Florida

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 601300100 16.6%
Broward County 41117165 15.8%
Palm Beach County 2189831 14.2%
Orange County 21310829 13.6%
Lee County 19811425 12.6%
Hillsborough County 1688820 11.9%
Polk County 1588029 18.4%
Osceola County 1186111 9.3%
Duval County 117588 6.8%
Pinellas County 1044317 16.3%

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: 3,226 applications in 2025, of which 1,580 were originated and 476 denied.

14.8% of all applications, or 19.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans OCMBC originated in Florida in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are OCMBC'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