Raymond James Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
65th6.2% deniedPricingmedian rate spread over APOR, weight 30%
97th-0.49 ptsProcesswithdrawn + incomplete share, weight 15%
75th11.9%Closing coststotal loan costs ÷ loan amount, weight 10%
96th0.62% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,874 | 1,517 | 6.8% | 7.7% | 5.50% | $1.4B |
| 2024 | 1,755 | 1,363 | 8.9% | 10.2% | 5.88% | $1.3B |
| 2025 | 2,077 | 1,712 | 5.5% | 6.2% | 5.38% | $1.8B |
What Raymond James Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 140 investment properties.
Why Raymond James Bank denies applications
Primary reason reported for each of the 114 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Raymond James Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 53 | 26 | 35.0% |
| $100k – $150k | 84 | 63 | 10.0% |
| $150k – $250k | 290 | 233 | 9.0% |
| Over $250k | 1,632 | 1,379 | 4.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 29 | 25 | 7.4% |
| 25–34 | 309 | 257 | 5.9% |
| 35–44 | 393 | 333 | 5.1% |
| 45–54 | 402 | 334 | 7.2% |
| 55–64 | 523 | 433 | 5.0% |
| 65–74 | 342 | 271 | 6.8% |
| Over 74 | 76 | 56 | 13.9% |
Where Raymond James Bank lends
50 states and 538 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 381 | 298 | 7.4% | 5.50% | #278 |
| Texas | 177 | 142 | 5.7% | 5.44% | #436 |
| California | 152 | 122 | 6.6% | 5.38% | #390 |
| North Carolina | 106 | 99 | 0.9% | 5.50% | #315 |
| Tennessee | 93 | 69 | 5.4% | 5.50% | #334 |
| Colorado | 87 | 74 | 8.1% | 5.50% | #239 |
| New York | 83 | 75 | 2.4% | 5.38% | #292 |
| Georgia | 67 | 58 | 3.0% | 5.44% | #401 |
| South Carolina | 63 | 54 | 6.4% | 5.38% | #311 |
| New Jersey | 60 | 49 | 3.3% | 5.38% | #333 |
| Massachusetts | 55 | 46 | 0.0% | 5.38% | #311 |
| Arizona | 51 | 38 | 9.8% | 5.13% | #311 |
| Illinois | 51 | 39 | 11.8% | 5.50% | #456 |
| Michigan | 51 | 40 | 2.0% | 5.50% | #349 |
| Virginia | 45 | 39 | 4.4% | 5.50% | #389 |
| Alabama | 43 | 36 | 4.7% | 5.63% | #325 |
| Washington | 38 | 38 | 0.0% | 5.50% | #322 |
| Pennsylvania | 36 | 32 | 2.8% | 5.56% | #527 |
| Utah | 36 | 29 | 5.6% | 5.25% | #201 |
| Maryland | 29 | 26 | 0.0% | 5.38% | #371 |
| Kentucky | 27 | 23 | 3.7% | 5.63% | #321 |
| Missouri | 26 | 22 | 3.9% | 5.50% | #414 |
| Arkansas | 23 | 15 | 13.0% | 5.38% | #275 |
| Ohio | 23 | 22 | 4.4% | 5.44% | #507 |
| Connecticut | 22 | 19 | 0.0% | 5.25% | #284 |
| Mississippi | 22 | 19 | 9.1% | 6.38% | #233 |
| Oklahoma | 22 | 14 | 4.6% | 5.94% | #330 |
| Idaho | 20 | 15 | 15.0% | 5.50% | #224 |
| Nevada | 18 | 17 | 5.6% | 5.13% | #282 |
| Indiana | 17 | 14 | 5.9% | 5.50% | #478 |
| Minnesota | 16 | 15 | 6.3% | 5.63% | #413 |
| Louisiana | 15 | 10 | 20.0% | 5.31% | #339 |
| Oregon | 14 | 11 | 7.1% | 5.38% | #328 |
| Maine | 12 | 9 | 0.0% | 5.38% | #208 |
| Wisconsin | 12 | 12 | 0.0% | 5.19% | #468 |
| Hawaii | 11 | 9 | 9.1% | 5.38% | #165 |
| Montana | 10 | 10 | 0.0% | 5.13% | #179 |
| Kansas | 8 | 8 | 0.0% | 5.50% | #373 |
| Wyoming | 8 | 8 | 0.0% | 5.44% | #155 |
| New Hampshire | 7 | 7 | 0.0% | 5.38% | #291 |
| Rhode Island | 7 | 6 | 14.3% | 5.25% | #212 |
| Vermont | 7 | 6 | 0.0% | 5.50% | #130 |
| District of Columbia | 5 | 4 | 20.0% | 5.50% | #244 |
| Nebraska | 5 | 3 | 0.0% | 6.50% | #315 |
Frequently asked questions
Raymond James Bank denied 6.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 65th percentile of mid-size mortgage lenders.
The most common reason Raymond James Bank gave in 2025 was "debt-to-income ratio", cited on 57.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Raymond James Bank originated in 2025 was 5.38%, and its median rate spread over the average prime offer rate was -0.49 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 61% of its applications were for home purchases, 14% for refinancing (including cash-out), and 25% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.