PNC Bank in Florida vs the state
34.6%Denial rate+13.54 pts vs state
43.9%Decision denial rate+16.64 pts vs state
42.5%Origination rate-10.19 pts vs state
7.50%Median rate+0.88 pts vs state
0.41Rate spread (pts)+0.14 pts vs state
$112kMedian applicant income
3,475Loans originated
2,829Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11,814 | 5,563 | 30.8% | 8.70% | #15 |
| 2024 | 8,780 | 3,699 | 35.5% | 8.99% | #26 |
| 2025 | 8,176 | 3,475 | 34.6% | 7.50% | #27 |
What PNC Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 1,300 | 564 | 428 | 32.9% |
| Broward County | 742 | 229 | 329 | 44.3% |
| Miami-Dade County | 450 | 144 | 187 | 41.6% |
| St. Lucie County | 429 | 186 | 153 | 35.7% |
| Orange County | 373 | 162 | 135 | 36.2% |
| Hillsborough County | 337 | 128 | 127 | 37.7% |
| Duval County | 323 | 137 | 107 | 33.1% |
| Brevard County | 314 | 131 | 117 | 37.3% |
| Pinellas County | 309 | 144 | 102 | 33.0% |
| Volusia County | 288 | 128 | 89 | 30.9% |
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: 8,176 applications in 2025, of which 3,475 were originated and 2,829 denied.
34.6% of all applications, or 43.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans PNC Bank originated in Florida in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are PNC 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