SmartFi Home Loans in Florida vs the state
20.0%Denial rate-1.06 pts vs state
22.1%Decision denial rate-5.16 pts vs state
69.4%Origination rate+16.74 pts vs state
8.99%Median rate+2.37 pts vs state
—Rate spread (pts)
$31kMedian applicant income
302Loans originated
87Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 44 | 32 | 13.6% | 9.69% | #652 |
| 2024 | 131 | 91 | 23.7% | 9.69% | #442 |
| 2025 | 435 | 302 | 20.0% | 8.99% | #258 |
What SmartFi Home Loans lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most SmartFi Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 91 | 62 | 18 | 19.8% |
| Broward County | 63 | 41 | 18 | 28.6% |
| Palm Beach County | 53 | 35 | 12 | 22.6% |
| Pinellas County | 33 | 27 | 4 | 12.1% |
| Hillsborough County | 16 | 11 | 3 | 18.8% |
| Sarasota County | 15 | 11 | 3 | 20.0% |
| Lee County | 13 | 10 | 2 | 15.4% |
| Volusia County | 11 | 6 | 3 | 27.3% |
| Manatee County | 10 | 6 | 2 | 20.0% |
| Brevard County | 10 | 7 | 1 | 10.0% |
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: 435 applications in 2025, of which 302 were originated and 87 denied.
20.0% of all applications, or 22.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans SmartFi Home Loans originated in Florida in 2025 was 8.99%, against a statewide median of 6.63%.
About this data. Figures are SmartFi Home Loans'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