Presidential Bank · Florida · 2025

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

Presidential Bank took 208 mortgage applications in Florida in 2025, ranking #360 of 1,993 lenders active in the state. It originated 75.5% of them and denied 7.7% (9.3% of the applications it decided), against a statewide denial rate of 21.1%.

208Applicationsin FL
9.3%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$325,000Median loanstate $255,000
$59MVolume36 counties

Presidential Bank in Florida vs the state

7.7%Denial rate-13.37 pts vs state
9.3%Decision denial rate-17.99 pts vs state
75.5%Origination rate+22.79 pts vs state
6.63%Median rate0.00 pts vs state
0.19Rate spread (pts)-0.08 pts vs state
$128kMedian applicant income
157Loans originated
16Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023745810.8%6.63%#547
20241591187.6%6.75%#413
20252081577.7%6.63%#360

What Presidential Bank lends in Florida

By loan purpose

Home purchase 181 87% · 6.6% denied
Refinance 12 6% · 8.3% denied
Cash-out refinance 15 7% · 20.0% denied

By loan type

Conventional 143 69% · 8.4% denied
FHA 24 12% · 4.2% denied
VA 39 19% · 7.7% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Florida applicants

Collateral 8 50%
Debt-to-income ratio 3 19%
Incomplete application 2 13%
Employment history 1 6%
Other 1 6%
Credit history 1 6%

Where in Florida

Counties with the most Presidential Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Indian River County 55483 5.5%
Palm Beach County 16122 12.5%
Pinellas County 1582 13.3%
Volusia County 11100 0.0%
Escambia County 961 11.1%
Pasco County 870 0.0%
St. Lucie County 730 0.0%
Duval County 730 0.0%
Lee County 760 0.0%
Hillsborough County 741 14.3%

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: 208 applications in 2025, of which 157 were originated and 16 denied.

7.7% of all applications, or 9.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are Presidential 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