Seacoast National Bank · Florida · 2025

Seacoast National Bank in Florida: approval rate, denial rate and rates (2025)

Seacoast National Bank took 2,651 mortgage applications in Florida in 2025, ranking #77 of 1,993 lenders active in the state. It originated 54.6% of them and denied 31.0% (35.3% of the applications it decided), against a statewide denial rate of 21.1%.

2.7kApplicationsin FL
35.3%Decision denial ratestate 27.2%
7.25%Median ratestate 6.63%
$185,000Median loanstate $255,000
$509MVolume57 counties

Seacoast National Bank in Florida vs the state

31.0%Denial rate+9.91 pts vs state
35.3%Decision denial rate+8.06 pts vs state
54.6%Origination rate+1.93 pts vs state
7.25%Median rate+0.63 pts vs state
1.03Rate spread (pts)+0.76 pts vs state
$140kMedian applicant income
1,448Loans originated
821Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,5071,85136.8%7.75%#57
20242,8561,51235.7%8.00%#65
20252,6511,44831.0%7.25%#77

What Seacoast National Bank lends in Florida

By loan purpose

Home purchase 864 33% · 16.3% denied
Refinance 329 12% · 32.2% denied
Cash-out refinance 88 3% · 28.4% denied
Home improvement 987 37% · 40.0% denied
Other / HELOC 383 14% · 40.2% denied

By loan type

Conventional 2,592 98% · 31.3% denied
FHA 48 2% · 20.8% denied
VA 9 0% · 0.0% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Florida applicants

Debt-to-income ratio 564 69%
Credit history 98 12%
Collateral 74 9%
Incomplete application 59 7%
Unverifiable information 10 1%
Other 8 1%
Insufficient cash 4 0%
Employment history 4 0%

Where in Florida

Counties with the most Seacoast National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 338165129 38.2%
St. Lucie County 26215176 29.0%
Orange County 25214477 30.6%
Martin County 24614471 28.9%
Volusia County 1408435 25.0%
Indian River County 1286647 36.7%
Highlands County 1207628 23.3%
Seminole County 1146332 28.1%
Lake County 1095139 35.8%
Broward County 1053854 51.4%

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: 2,651 applications in 2025, of which 1,448 were originated and 821 denied.

31.0% of all applications, or 35.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Seacoast National Bank originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Seacoast National Bank'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