Shore United Bank · Florida · 2025

Shore United Bank in Florida: approval rate, denial rate and rates (2025)

Shore United Bank took 7 mortgage applications in Florida in 2025, ranking #1,017 of 1,993 lenders active in the state. It originated 71.4% of them and denied 28.6% (28.6% of the applications it decided), against a statewide denial rate of 21.1%.

7Applicationsin FL
28.6%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$345,000Median loanstate $255,000
$1.9MVolume6 counties

Shore United Bank in Florida vs the state

28.6%Denial rate+7.51 pts vs state
28.6%Decision denial rate+1.33 pts vs state
71.4%Origination rate+18.74 pts vs state
6.75%Median rate+0.13 pts vs state
0.35Rate spread (pts)+0.08 pts vs state
$157kMedian applicant income
5Loans originated
2Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023980.0%6.76%#1,013
20241686.3%6.94%#825
20257528.6%6.75%#1,017

What Shore United Bank lends in Florida

By loan purpose

Home purchase 5 71% · 20.0% denied
Refinance 1 14% · 0.0% denied
Other / HELOC 1 14% · 100.0% denied

By loan type

Conventional 7 100% · 28.6% denied

Why it denied Florida applicants

Debt-to-income ratio 2 100%

Where in Florida

Counties with the most Shore United Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charlotte County 220 0.0%
Martin County 101 100.0%
Manatee County 101 100.0%
Collier County 110 0.0%
Lee County 110 0.0%
Sarasota County 110 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: 7 applications in 2025, of which 5 were originated and 2 denied.

28.6% of all applications, or 28.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Shore United Bank originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Shore United 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