Pennymac Loan Services in Florida vs the state
14.1%Denial rate-7.00 pts vs state
21.5%Decision denial rate-5.74 pts vs state
49.7%Origination rate-2.97 pts vs state
6.50%Median rate-0.13 pts vs state
0.33Rate spread (pts)+0.07 pts vs state
$122kMedian applicant income
9,704Loans originated
2,744Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11,418 | 4,951 | 18.2% | 6.63% | #16 |
| 2024 | 13,702 | 6,064 | 16.1% | 6.63% | #13 |
| 2025 | 19,516 | 9,704 | 14.1% | 6.50% | #4 |
What Pennymac Loan Services lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 1,805 | 843 | 334 | 18.5% |
| Broward County | 1,633 | 784 | 298 | 18.2% |
| Hillsborough County | 1,275 | 654 | 166 | 13.0% |
| Palm Beach County | 1,201 | 608 | 182 | 15.2% |
| Orange County | 1,077 | 523 | 144 | 13.4% |
| Lee County | 952 | 467 | 147 | 15.4% |
| Polk County | 782 | 340 | 99 | 12.7% |
| Pasco County | 756 | 401 | 87 | 11.5% |
| Pinellas County | 738 | 399 | 95 | 12.9% |
| Duval County | 719 | 372 | 87 | 12.1% |
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% |
| 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% |
| Regions Bank | C | 14,062 | 39.5% | 5.38% |
Frequently asked questions
Florida: 19,516 applications in 2025, of which 9,704 were originated and 2,744 denied.
14.1% of all applications, or 21.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Pennymac Loan Services originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Pennymac Loan Services'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