Select Lending Services · Florida · 2025

Select Lending Services in Florida: approval rate, denial rate and rates (2025)

Select Lending Services took 162 mortgage applications in Florida in 2025, ranking #409 of 1,993 lenders active in the state. It originated 61.1% of them and denied 4.9% (7.0% of the applications it decided), against a statewide denial rate of 21.1%.

162Applicationsin FL
7.0%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$365,000Median loanstate $255,000
$45MVolume19 counties

Select Lending Services in Florida vs the state

4.9%Denial rate-16.12 pts vs state
7.0%Decision denial rate-20.28 pts vs state
61.1%Origination rate+8.42 pts vs state
6.75%Median rate+0.13 pts vs state
0.35Rate spread (pts)+0.08 pts vs state
$154kMedian applicant income
99Loans originated
8Denied

What Select Lending Services lends in Florida

By loan purpose

Home purchase 129 80% · 4.7% denied
Refinance 10 6% · 20.0% denied
Cash-out refinance 22 14% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 136 84% · 3.7% denied
FHA 11 7% · 9.1% denied
VA 15 9% · 13.3% denied

Why it denied Florida applicants

Unverifiable information 2 25%
Collateral 1 13%
Other 1 13%
Insufficient cash 1 13%
Debt-to-income ratio 1 13%
Credit history 1 13%
Incomplete application 1 13%

Where in Florida

Counties with the most Select Lending Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pinellas County 33171 3.0%
Hillsborough County 31191 3.2%
Collier County 22160 0.0%
Sarasota County 15120 0.0%
Lee County 1272 16.7%
Manatee County 950 0.0%
Orange County 870 0.0%
Pasco County 761 14.3%
Broward County 621 16.7%
Osceola County 621 16.7%

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: 162 applications in 2025, of which 99 were originated and 8 denied.

4.9% of all applications, or 7.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Select Lending Services originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Select Lending Services'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