PHH Mortgage in Florida vs the state
10.5%Denial rate-10.54 pts vs state
26.5%Decision denial rate-0.76 pts vs state
28.5%Origination rate-24.18 pts vs state
6.13%Median rate-0.50 pts vs state
0.10Rate spread (pts)-0.17 pts vs state
$82kMedian applicant income
485Loans originated
179Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 969 | 354 | 31.0% | 7.00% | #154 |
| 2024 | 1,372 | 382 | 16.1% | 6.62% | #111 |
| 2025 | 1,701 | 485 | 10.5% | 6.13% | #105 |
What PHH Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 206 | 48 | 25 | 12.1% |
| Broward County | 136 | 30 | 19 | 14.0% |
| Palm Beach County | 134 | 29 | 16 | 11.9% |
| Hillsborough County | 96 | 32 | 6 | 6.3% |
| Orange County | 92 | 26 | 7 | 7.6% |
| Polk County | 76 | 19 | 6 | 7.9% |
| Pinellas County | 68 | 15 | 6 | 8.8% |
| Brevard County | 67 | 21 | 6 | 9.0% |
| Duval County | 61 | 19 | 9 | 14.8% |
| Lee County | 60 | 22 | 5 | 8.3% |
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: 1,701 applications in 2025, of which 485 were originated and 179 denied.
10.5% of all applications, or 26.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans PHH Mortgage originated in Florida in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are PHH Mortgage'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