Royal United Mortgage · Florida · 2025

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

Royal United Mortgage took 350 mortgage applications in Florida in 2025, ranking #288 of 1,993 lenders active in the state. It originated 52.3% of them and denied 30.3% (35.9% of the applications it decided), against a statewide denial rate of 21.1%.

350Applicationsin FL
35.9%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$115,000Median loanstate $255,000
$25MVolume48 counties

Royal United Mortgage in Florida vs the state

30.3%Denial rate+9.23 pts vs state
35.9%Decision denial rate+8.69 pts vs state
52.3%Origination rate-0.40 pts vs state
6.63%Median rate0.00 pts vs state
0.78Rate spread (pts)+0.52 pts vs state
$47kMedian applicant income
183Loans originated
106Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369039028.4%6.63%#194
202453430623.8%6.88%#234
202535018330.3%6.63%#288

What Royal United Mortgage lends in Florida

By loan purpose

Home purchase 9 3% · 33.3% denied
Refinance 341 97% · 30.2% denied

By loan type

Conventional 291 83% · 29.6% denied
FHA 45 13% · 35.6% denied
VA 14 4% · 28.6% denied

Why it denied Florida applicants

Incomplete application 38 36%
Collateral 36 34%
Debt-to-income ratio 11 10%
Credit history 10 9%
Unverifiable information 9 8%
Employment history 2 2%

Where in Florida

Counties with the most Royal United Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Volusia County 19134 21.1%
Broward County 1886 33.3%
Hillsborough County 1879 50.0%
Lee County 1782 11.8%
Polk County 17113 17.6%
Duval County 17125 29.4%
Marion County 1574 26.7%
Pinellas County 1594 26.7%
Pasco County 1448 57.1%
Brevard County 1485 35.7%

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: 350 applications in 2025, of which 183 were originated and 106 denied.

30.3% of all applications, or 35.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are Royal United 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