Ready Mortgage Lenders · Florida · 2025

Ready Mortgage Lenders in Florida: approval rate, denial rate and rates (2025)

Ready Mortgage Lenders took 221 mortgage applications in Florida in 2025, ranking #351 of 1,993 lenders active in the state. It originated 61.1% of them and denied 16.7% (21.3% of the applications it decided), against a statewide denial rate of 21.1%.

221Applicationsin FL
21.3%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$395,000Median loanstate $255,000
$57MVolume19 counties

Ready Mortgage Lenders in Florida vs the state

16.7%Denial rate-4.32 pts vs state
21.3%Decision denial rate-5.98 pts vs state
61.1%Origination rate+8.40 pts vs state
6.75%Median rate+0.13 pts vs state
0.95Rate spread (pts)+0.68 pts vs state
$120kMedian applicant income
135Loans originated
37Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202340222517.2%7.13%#265
202425114421.1%7.13%#345
202522113516.7%6.75%#351

What Ready Mortgage Lenders lends in Florida

By loan purpose

Home purchase 182 82% · 17.0% denied
Refinance 37 17% · 16.2% denied
Cash-out refinance 1 0% · 0.0% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 93 42% · 21.5% denied
FHA 126 57% · 12.7% denied
VA 2 1% · 50.0% denied

Why it denied Florida applicants

Debt-to-income ratio 16 43%
Unverifiable information 10 27%
Insufficient cash 4 11%
Collateral 4 11%
Other 2 5%
Incomplete application 1 3%

Where in Florida

Counties with the most Ready Mortgage Lenders applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 1388722 15.9%
Lee County 26116 23.1%
Broward County 21153 14.3%
Pasco County 632 33.3%
Hendry County 530 0.0%
Polk County 311 33.3%
Duval County 320 0.0%
Charlotte County 320 0.0%
Orange County 210 0.0%
Osceola County 220 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: 221 applications in 2025, of which 135 were originated and 37 denied.

16.7% of all applications, or 21.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Ready Mortgage Lenders originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Ready Mortgage Lenders'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