Residential Wholesale Mortgage · Florida · 2025

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

Residential Wholesale Mortgage took 79 mortgage applications in Florida in 2025, ranking #523 of 1,993 lenders active in the state. It originated 57.0% of them and denied 2.5% (4.2% of the applications it decided), against a statewide denial rate of 21.1%.

79Applicationsin FL
4.2%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$315,000Median loanstate $255,000
$14MVolume22 counties

Residential Wholesale Mortgage in Florida vs the state

2.5%Denial rate-18.53 pts vs state
4.2%Decision denial rate-23.07 pts vs state
57.0%Origination rate+4.27 pts vs state
6.75%Median rate+0.13 pts vs state
0.10Rate spread (pts)-0.17 pts vs state
$128kMedian applicant income
45Loans originated
2Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315813.3%7.06%#889
202439200.0%6.69%#647
202579452.5%6.75%#523

What Residential Wholesale Mortgage lends in Florida

By loan purpose

Home purchase 57 72% · 1.8% denied
Refinance 9 11% · 0.0% denied
Cash-out refinance 13 16% · 7.7% denied

By loan type

Conventional 59 75% · 1.7% denied
FHA 12 15% · 8.3% denied
VA 8 10% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in Florida

Counties with the most Residential Wholesale Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Manatee County 1370 0.0%
Sarasota County 1231 8.3%
Collier County 760 0.0%
Hillsborough County 720 0.0%
Pasco County 430 0.0%
Broward County 410 0.0%
Pinellas County 430 0.0%
Lee County 430 0.0%
Walton County 330 0.0%
Palm Beach County 310 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: 79 applications in 2025, of which 45 were originated and 2 denied.

2.5% of all applications, or 4.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are Residential Wholesale 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