Royal Credit Union · Florida · 2025

Royal Credit Union in Florida: approval rate, denial rate and rates (2025)

Royal Credit Union took 10 mortgage applications in Florida in 2025, ranking #924 of 1,993 lenders active in the state. It originated 80.0% of them and denied 10.0% (10.0% of the applications it decided), against a statewide denial rate of 21.1%.

10Applicationsin FL
10.0%Decision denial ratestate 27.2%
6.88%Median ratestate 6.63%
$300,000Median loanstate $255,000
$3.3MVolume9 counties

Royal Credit Union in Florida vs the state

10.0%Denial rate-11.06 pts vs state
10.0%Decision denial rate-17.24 pts vs state
80.0%Origination rate+27.31 pts vs state
6.88%Median rate+0.25 pts vs state
0.14Rate spread (pts)-0.13 pts vs state
$212kMedian applicant income
8Loans originated
1Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231387.7%6.25%#917
20248712.5%6.75%#978
202510810.0%6.88%#924

What Royal Credit Union lends in Florida

By loan purpose

Home purchase 8 80% · 0.0% denied
Refinance 1 10% · 0.0% denied
Other / HELOC 1 10% · 100.0% denied

By loan type

Conventional 8 80% · 12.5% denied
FHA 1 10% · 0.0% denied
VA 1 10% · 0.0% denied

Why it denied Florida applicants

Collateral 1 100%

Where in Florida

Counties with the most Royal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Lucie County 210 0.0%
Orange County 110 0.0%
Pinellas County 110 0.0%
Collier County 110 0.0%
Lake County 110 0.0%
Hillsborough County 110 0.0%
Charlotte County 110 0.0%
Sarasota County 101 100.0%
Brevard 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: 10 applications in 2025, of which 8 were originated and 1 denied.

10.0% of all applications, or 10.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Royal Credit Union originated in Florida in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Royal Credit Union'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