Philadelphia Federal Credit Union · Florida · 2025

Philadelphia Federal Credit Union in Florida: approval rate, denial rate and rates (2025)

Philadelphia Federal Credit Union took 10 mortgage applications in Florida in 2025, ranking #932 of 1,993 lenders active in the state. It originated 70.0% of them and denied 10.0% (12.5% of the applications it decided), against a statewide denial rate of 21.1%.

10Applicationsin FL
12.5%Decision denial ratestate 27.2%
7.49%Median ratestate 6.63%
$150,000Median loanstate $255,000
$1.9MVolume6 counties

Philadelphia Federal Credit Union in Florida vs the state

10.0%Denial rate-11.06 pts vs state
12.5%Decision denial rate-14.74 pts vs state
70.0%Origination rate+17.31 pts vs state
7.49%Median rate+0.87 pts vs state
1.29Rate spread (pts)+1.02 pts vs state
$59kMedian applicant income
7Loans originated
1Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313546.2%8.00%#923
2024171411.8%6.50%#813
202510710.0%7.49%#932

What Philadelphia Federal Credit Union lends in Florida

By loan purpose

Home purchase 2 20% · 0.0% denied
Home improvement 2 20% · 50.0% denied
Other / HELOC 6 60% · 0.0% denied

By loan type

Conventional 10 100% · 10.0% denied

Why it denied Florida applicants

Debt-to-income ratio 1 100%

Where in Florida

Counties with the most Philadelphia Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 210 0.0%
Sarasota County 210 0.0%
Broward County 220 0.0%
Lee County 211 50.0%
Duval County 110 0.0%
Hillsborough County 110 0.0%

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: 10 applications in 2025, of which 7 were originated and 1 denied.

10.0% of all applications, or 12.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Philadelphia Federal Credit Union originated in Florida in 2025 was 7.49%, against a statewide median of 6.63%.

About this data. Figures are Philadelphia Federal Credit Union'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