Popular Bank · Florida · 2025

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

Popular Bank took 140 mortgage applications in Florida in 2025, ranking #431 of 1,993 lenders active in the state. It originated 53.6% of them and denied 25.0% (31.8% of the applications it decided), against a statewide denial rate of 21.1%.

140Applicationsin FL
31.8%Decision denial ratestate 27.2%
Median ratestate 6.63%
$740,000Median loanstate $255,000
$119MVolume14 counties

Popular Bank in Florida vs the state

25.0%Denial rate+3.94 pts vs state
31.8%Decision denial rate+4.58 pts vs state
53.6%Origination rate+0.88 pts vs state
Median rate
Rate spread (pts)
$245kMedian applicant income
75Loans originated
35Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023935236.6%6.31%#501
20241125137.5%6.38%#464
20251407525.0%#431

What Popular Bank lends in Florida

By loan purpose

Home purchase 83 59% · 16.9% denied
Refinance 22 16% · 22.7% denied
Cash-out refinance 11 8% · 45.5% denied
Home improvement 6 4% · 50.0% denied
Other / HELOC 18 13% · 44.4% denied

By loan type

Conventional 140 100% · 25.0% denied

Where in Florida

Counties with the most Popular Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 864224 27.9%
Broward County 23155 21.7%
Palm Beach County 861 12.5%
Hillsborough County 540 0.0%
Monroe County 522 40.0%
Pinellas County 211 50.0%
Orange County 220 0.0%
Collier County 201 50.0%
Osceola County 210 0.0%
Lake County 101 100.0%

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: 140 applications in 2025, of which 75 were originated and 35 denied.

25.0% of all applications, or 31.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Popular 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