Primary Residential Mortgage · Florida · 2025

Primary Residential Mortgage in Florida: approval rate, denial rate and rates (2025)

Primary Residential Mortgage took 830 mortgage applications in Florida in 2025, ranking #173 of 1,993 lenders active in the state. It originated 70.1% of them and denied 7.1% (9.2% of the applications it decided), against a statewide denial rate of 21.1%.

830Applicationsin FL
9.2%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$305,000Median loanstate $255,000
$200MVolume45 counties

Primary Residential Mortgage in Florida vs the state

7.1%Denial rate-13.95 pts vs state
9.2%Decision denial rate-18.04 pts vs state
70.1%Origination rate+17.43 pts vs state
6.63%Median rate0.00 pts vs state
0.48Rate spread (pts)+0.21 pts vs state
$101kMedian applicant income
582Loans originated
59Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4358727.9%6.88%#113
20241,1476829.3%6.75%#131
20258305827.1%6.63%#173

What Primary Residential Mortgage lends in Florida

By loan purpose

Home purchase 701 84% · 5.3% denied
Refinance 52 6% · 21.2% denied
Cash-out refinance 77 9% · 14.3% denied

By loan type

Conventional 455 55% · 5.9% denied
FHA 285 34% · 8.8% denied
VA 82 10% · 6.1% denied
USDA / RHS 8 1% · 25.0% denied

Why it denied Florida applicants

Debt-to-income ratio 23 39%
Credit history 15 25%
Collateral 11 19%
Insufficient cash 5 8%
Unverifiable information 2 3%
Other 2 3%
Employment history 1 2%

Where in Florida

Counties with the most Primary Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 84685 6.0%
Brevard County 74521 1.4%
Miami-Dade County 72533 4.2%
Broward County 56434 7.1%
Escambia County 54434 7.4%
Collier County 52421 1.9%
Lee County 47351 2.1%
Santa Rosa County 46360 0.0%
St. Lucie County 33184 12.1%
Pinellas County 25183 12.0%

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: 830 applications in 2025, of which 582 were originated and 59 denied.

7.1% of all applications, or 9.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Primary Residential Mortgage originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Primary Residential Mortgage'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