Power Financial in Florida vs the state
32.8%Denial rate+11.71 pts vs state
32.8%Decision denial rate+5.53 pts vs state
67.2%Origination rate+14.54 pts vs state
7.01%Median rate+0.38 pts vs state
0.35Rate spread (pts)+0.08 pts vs state
$141kMedian applicant income
240Loans originated
117Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 301 | 277 | 7.3% | 7.24% | #307 |
| 2024 | 242 | 213 | 11.6% | 7.50% | #349 |
| 2025 | 357 | 240 | 32.8% | 7.01% | #284 |
What Power Financial lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Power Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 164 | 103 | 61 | 37.2% |
| Palm Beach County | 93 | 66 | 27 | 29.0% |
| Broward County | 91 | 66 | 25 | 27.5% |
| St. Johns County | 1 | 1 | 0 | 0.0% |
| St. Lucie County | 1 | 1 | 0 | 0.0% |
| Okaloosa County | 1 | 1 | 0 | 0.0% |
| Hillsborough County | 1 | 1 | 0 | 0.0% |
| Brevard County | 1 | 0 | 1 | 100.0% |
| Martin County | 1 | 0 | 1 | 100.0% |
| Pinellas County | 1 | 0 | 1 | 100.0% |
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: 357 applications in 2025, of which 240 were originated and 117 denied.
32.8% of all applications, or 32.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Power Financial originated in Florida in 2025 was 7.01%, against a statewide median of 6.63%.
About this data. Figures are Power Financial'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