Preston Home Loans · Florida · 2025

Preston Home Loans in Florida: approval rate, denial rate and rates (2025)

Preston Home Loans took 11 mortgage applications in Florida in 2025, ranking #898 of 1,993 lenders active in the state. It originated 63.6% of them and denied 9.1% (12.5% of the applications it decided), against a statewide denial rate of 21.1%.

11Applicationsin FL
12.5%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$255,000Median loanstate $255,000
$1.8MVolume8 counties

Preston Home Loans in Florida vs the state

9.1%Denial rate-11.97 pts vs state
12.5%Decision denial rate-14.74 pts vs state
63.6%Origination rate+10.95 pts vs state
6.75%Median rate+0.13 pts vs state
0.29Rate spread (pts)+0.02 pts vs state
$83kMedian applicant income
7Loans originated
1Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202316146.3%6.75%#875
202423180.0%6.81%#736
20251179.1%6.75%#898

What Preston Home Loans lends in Florida

By loan purpose

Home purchase 10 91% · 10.0% denied
Refinance 1 9% · 0.0% denied

By loan type

Conventional 8 73% · 12.5% denied
FHA 3 27% · 0.0% denied

Why it denied Florida applicants

Collateral 1 100%

Where in Florida

Counties with the most Preston Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Broward County 211 50.0%
Volusia County 210 0.0%
Lee County 210 0.0%
Manatee County 110 0.0%
Pasco County 110 0.0%
St. Lucie County 110 0.0%
Charlotte County 110 0.0%
Hernando County 100 0.0%

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: 11 applications in 2025, of which 7 were originated and 1 denied.

9.1% of all applications, or 12.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Preston Home Loans originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Preston Home Loans'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