Royal Pacific Funding · Florida · 2025

Royal Pacific Funding in Florida: approval rate, denial rate and rates (2025)

Royal Pacific Funding took 177 mortgage applications in Florida in 2025, ranking #389 of 1,993 lenders active in the state. It originated 46.3% of them and denied 9.6% (11.8% of the applications it decided), against a statewide denial rate of 21.1%.

177Applicationsin FL
11.8%Decision denial ratestate 27.2%
6.99%Median ratestate 6.63%
$335,000Median loanstate $255,000
$34MVolume28 counties

Royal Pacific Funding in Florida vs the state

9.6%Denial rate-11.46 pts vs state
11.8%Decision denial rate-15.43 pts vs state
46.3%Origination rate-6.36 pts vs state
6.99%Median rate+0.37 pts vs state
0.87Rate spread (pts)+0.60 pts vs state
$145kMedian applicant income
82Loans originated
17Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232771123.3%7.75%#332
20242591008.9%7.63%#338
2025177829.6%6.99%#389

What Royal Pacific Funding lends in Florida

By loan purpose

Home purchase 111 63% · 11.7% denied
Refinance 23 13% · 4.4% denied
Cash-out refinance 40 23% · 7.5% denied
Other / HELOC 3 2% · 0.0% denied

By loan type

Conventional 145 82% · 8.3% denied
FHA 31 18% · 16.1% denied
VA 1 1% · 0.0% denied

Why it denied Florida applicants

Collateral 7 41%
Unverifiable information 5 29%
Debt-to-income ratio 3 18%
Other 2 12%

Where in Florida

Counties with the most Royal Pacific Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 30124 13.3%
Broward County 21104 19.0%
Lee County 1383 23.1%
Duval County 1220 0.0%
Orange County 1160 0.0%
Palm Beach County 1140 0.0%
Sarasota County 931 11.1%
Collier County 850 0.0%
Osceola County 730 0.0%
Hillsborough County 610 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: 177 applications in 2025, of which 82 were originated and 17 denied.

9.6% of all applications, or 11.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Royal Pacific Funding originated in Florida in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Royal Pacific Funding'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