Salem Five Mortgage Company in Florida vs the state
38.5%Denial rate+17.40 pts vs state
45.5%Decision denial rate+18.21 pts vs state
46.2%Origination rate-6.54 pts vs state
6.25%Median rate-0.38 pts vs state
0.23Rate spread (pts)-0.04 pts vs state
$157kMedian applicant income
6Loans originated
5Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7 | 3 | 0.0% | 7.50% | #1,072 |
| 2024 | 9 | 7 | 0.0% | 6.88% | #938 |
| 2025 | 13 | 6 | 38.5% | 6.25% | #862 |
What Salem Five Mortgage Company lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Salem Five Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pasco County | 3 | 0 | 2 | 66.7% |
| Charlotte County | 2 | 1 | 0 | 0.0% |
| Hernando County | 2 | 0 | 2 | 100.0% |
| Monroe County | 1 | 1 | 0 | 0.0% |
| Orange County | 1 | 1 | 0 | 0.0% |
| Sarasota County | 1 | 1 | 0 | 0.0% |
| Palm Beach County | 1 | 0 | 1 | 100.0% |
| Escambia County | 1 | 1 | 0 | 0.0% |
| Lee County | 1 | 1 | 0 | 0.0% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 13 applications in 2025, of which 6 were originated and 5 denied.
38.5% of all applications, or 45.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Salem Five Mortgage Company originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Salem Five Mortgage Company'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