Plains Commerce Bank · Florida · 2025

Plains Commerce Bank in Florida: approval rate, denial rate and rates (2025)

Plains Commerce Bank took 3,124 mortgage applications in Florida in 2025, ranking #65 of 1,993 lenders active in the state. It originated 58.9% of them and denied 10.9% (15.6% of the applications it decided), against a statewide denial rate of 21.1%.

3.1kApplicationsin FL
15.6%Decision denial ratestate 27.2%
6.50%Median ratestate 6.63%
$275,000Median loanstate $255,000
$533MVolume53 counties

Plains Commerce Bank in Florida vs the state

10.9%Denial rate-10.21 pts vs state
15.6%Decision denial rate-11.69 pts vs state
58.9%Origination rate+6.18 pts vs state
6.50%Median rate-0.13 pts vs state
0.28Rate spread (pts)+0.02 pts vs state
$98kMedian applicant income
1,839Loans originated
339Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,3491,9712.4%6.63%#59
20243,9082,1823.9%6.63%#52
20253,1241,83910.9%6.50%#65

What Plains Commerce Bank lends in Florida

By loan purpose

Home purchase 2,946 94% · 10.8% denied
Refinance 72 2% · 9.7% denied
Cash-out refinance 87 3% · 13.8% denied
Home improvement 6 0% · 33.3% denied
Other / HELOC 13 0% · 7.7% denied

By loan type

Conventional 1,978 63% · 11.2% denied
FHA 979 31% · 11.5% denied
VA 152 5% · 2.6% denied
USDA / RHS 15 0% · 6.7% denied

Why it denied Florida applicants

Debt-to-income ratio 165 49%
Collateral 60 18%
Unverifiable information 42 12%
Credit history 33 10%
Other 18 5%
Employment history 10 3%
Insufficient cash 8 2%
Incomplete application 3 1%

Where in Florida

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 33421433 9.9%
Orange County 25716722 8.6%
Broward County 24711739 15.8%
Miami-Dade County 24612338 15.4%
Volusia County 17611513 7.4%
Brevard County 1731104 2.3%
Palm Beach County 1588024 15.2%
Duval County 1539113 8.5%
Hillsborough County 1506725 16.7%
Lee County 1185221 17.8%

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: 3,124 applications in 2025, of which 1,839 were originated and 339 denied.

10.9% of all applications, or 15.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Plains Commerce Bank originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Plains Commerce Bank'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