Residential Mortgage · Florida · 2025

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

Residential Mortgage took 15 mortgage applications in Florida in 2025, ranking #822 of 1,993 lenders active in the state. It originated 80.0% of them and denied 6.7% (7.7% of the applications it decided), against a statewide denial rate of 21.1%.

15Applicationsin FL
7.7%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$295,000Median loanstate $255,000
$5.8MVolume12 counties

Residential Mortgage in Florida vs the state

6.7%Denial rate-14.39 pts vs state
7.7%Decision denial rate-19.55 pts vs state
80.0%Origination rate+27.31 pts vs state
6.63%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.13 pts vs state
$345kMedian applicant income
12Loans originated
1Denied

What Residential Mortgage lends in Florida

By loan purpose

Home purchase 14 93% · 7.1% denied
Refinance 1 7% · 0.0% denied

By loan type

Conventional 12 80% · 8.3% denied
FHA 1 7% · 0.0% denied
VA 2 13% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 1 100%

Where in Florida

Counties with the most Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Brevard County 310 0.0%
St. Johns County 220 0.0%
Sumter County 110 0.0%
Polk County 110 0.0%
Walton County 110 0.0%
Lake County 110 0.0%
Okaloosa County 110 0.0%
Lee County 110 0.0%
Manatee County 101 100.0%
Pasco County 110 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: 15 applications in 2025, of which 12 were originated and 1 denied.

6.7% of all applications, or 7.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are 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