Skyla Federal Credit Union · Florida · 2025

Skyla Federal Credit Union in Florida: approval rate, denial rate and rates (2025)

Skyla Federal Credit Union took 18 mortgage applications in Florida in 2025, ranking #782 of 1,993 lenders active in the state. It originated 5.6% of them and denied 77.8% (93.3% of the applications it decided), against a statewide denial rate of 21.1%.

18Applicationsin FL
93.3%Decision denial ratestate 27.2%
7.50%Median ratestate 6.63%
$60,000Median loanstate $255,000
$255kVolume11 counties

Skyla Federal Credit Union in Florida vs the state

77.8%Denial rate+56.72 pts vs state
93.3%Decision denial rate+66.09 pts vs state
5.6%Origination rate-47.13 pts vs state
7.50%Median rate+0.88 pts vs state
Rate spread (pts)
$114kMedian applicant income
1Loans originated
14Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20246233.3%8.38%#1,078
202518177.8%7.50%#782

What Skyla Federal Credit Union lends in Florida

By loan purpose

Refinance 2 11% · 0.0% denied
Cash-out refinance 13 72% · 92.3% denied
Other / HELOC 3 17% · 66.7% denied

By loan type

Conventional 18 100% · 77.8% denied

Why it denied Florida applicants

Credit history 10 71%
Incomplete application 2 14%
Collateral 2 14%

Where in Florida

Counties with the most Skyla Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Broward County 302 66.7%
Duval County 201 50.0%
Seminole County 211 50.0%
Polk County 202 100.0%
St. Lucie County 202 100.0%
Hillsborough County 201 50.0%
Indian River County 101 100.0%
Marion County 101 100.0%
Miami-Dade County 101 100.0%
Palm Beach County 101 100.0%

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: 18 applications in 2025, of which 1 were originated and 14 denied.

77.8% of all applications, or 93.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Skyla Federal Credit Union originated in Florida in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Skyla Federal Credit Union'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