Renasant Bank · Florida · 2025

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

Renasant Bank took 595 mortgage applications in Florida in 2025, ranking #221 of 1,993 lenders active in the state. It originated 71.4% of them and denied 11.9% (14.1% of the applications it decided), against a statewide denial rate of 21.1%.

595Applicationsin FL
14.1%Decision denial ratestate 27.2%
6.99%Median ratestate 6.63%
$265,000Median loanstate $255,000
$201MVolume44 counties

Renasant Bank in Florida vs the state

11.9%Denial rate-9.13 pts vs state
14.1%Decision denial rate-13.15 pts vs state
71.4%Origination rate+18.74 pts vs state
6.99%Median rate+0.37 pts vs state
0.09Rate spread (pts)-0.18 pts vs state
$145kMedian applicant income
425Loans originated
71Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233722507.3%6.88%#280
20243262289.2%7.06%#303
202559542511.9%6.99%#221

What Renasant Bank lends in Florida

By loan purpose

Home purchase 310 52% · 5.8% denied
Refinance 145 24% · 10.3% denied
Cash-out refinance 25 4% · 4.0% denied
Home improvement 37 6% · 18.9% denied
Other / HELOC 78 13% · 38.5% denied

By loan type

Conventional 537 90% · 11.9% denied
FHA 28 5% · 14.3% denied
VA 30 5% · 10.0% denied

Why it denied Florida applicants

Debt-to-income ratio 39 55%
Collateral 12 17%
Credit history 11 15%
Incomplete application 7 10%
Unverifiable information 2 3%

Where in Florida

Counties with the most Renasant Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Duval County 109853 2.8%
Walton County 75569 12.0%
Escambia County 63449 14.3%
Leon County 51348 15.7%
Santa Rosa County 48375 10.4%
Okaloosa County 472912 25.5%
Bay County 35283 8.6%
St. Johns County 33184 12.1%
Alachua County 1792 11.8%
Pinellas County 1281 8.3%

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: 595 applications in 2025, of which 425 were originated and 71 denied.

11.9% of all applications, or 14.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Renasant Bank originated in Florida in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Renasant 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