South River Mortgage · Florida · 2025

South River Mortgage in Florida: approval rate, denial rate and rates (2025)

South River Mortgage took 574 mortgage applications in Florida in 2025, ranking #227 of 1,993 lenders active in the state. It originated 32.8% of them and denied 1.9% (5.5% of the applications it decided), against a statewide denial rate of 21.1%.

574Applicationsin FL
5.5%Decision denial ratestate 27.2%
8.99%Median ratestate 6.63%
$155,000Median loanstate $255,000
$45MVolume50 counties

South River Mortgage in Florida vs the state

1.9%Denial rate-19.14 pts vs state
5.5%Decision denial rate-21.71 pts vs state
32.8%Origination rate-19.94 pts vs state
8.99%Median rate+2.37 pts vs state
Rate spread (pts)
$25kMedian applicant income
188Loans originated
11Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023402420.0%9.68%#671
20241011000.0%6.59%#477
20255741881.9%8.99%#227

What South River Mortgage lends in Florida

By loan purpose

Refinance 574 100% · 1.9% denied

By loan type

Conventional 253 44% · 2.0% denied
FHA 321 56% · 1.9% denied

Why it denied Florida applicants

Collateral 5 45%
Debt-to-income ratio 4 36%
Insufficient cash 1 9%
Credit history 1 9%

Where in Florida

Counties with the most South River Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 80261 1.3%
Broward County 59142 3.4%
Palm Beach County 52183 5.8%
Pinellas County 2550 0.0%
Hillsborough County 25140 0.0%
Pasco County 2181 4.8%
Orange County 2061 5.0%
Duval County 20100 0.0%
Volusia County 1950 0.0%
Sarasota County 1740 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: 574 applications in 2025, of which 188 were originated and 11 denied.

1.9% of all applications, or 5.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans South River Mortgage originated in Florida in 2025 was 8.99%, against a statewide median of 6.63%.

About this data. Figures are South River Mortgage'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