Suffolk · Florida · 2025

Suffolk in Florida: approval rate, denial rate and rates (2025)

Suffolk took 17 mortgage applications in Florida in 2025, ranking #798 of 1,993 lenders active in the state. It originated 58.8% of them and denied 23.5% (28.6% of the applications it decided), against a statewide denial rate of 21.1%.

17Applicationsin FL
28.6%Decision denial ratestate 27.2%
6.12%Median ratestate 6.63%
$105,000Median loanstate $255,000
$1.5MVolume11 counties

Suffolk in Florida vs the state

23.5%Denial rate+2.47 pts vs state
28.6%Decision denial rate+1.33 pts vs state
58.8%Origination rate+6.13 pts vs state
6.12%Median rate-0.50 pts vs state
-0.47Rate spread (pts)-0.74 pts vs state
$134kMedian applicant income
10Loans originated
4Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023231030.4%6.31%#795
202423939.1%6.99%#740
2025171023.5%6.12%#798

What Suffolk lends in Florida

By loan purpose

Home purchase 6 35% · 0.0% denied
Cash-out refinance 1 6% · 100.0% denied
Home improvement 7 41% · 14.3% denied
Other / HELOC 3 18% · 66.7% denied

By loan type

Conventional 17 100% · 23.5% denied

Why it denied Florida applicants

Other 2 50%
Debt-to-income ratio 1 25%
Credit history 1 25%

Where in Florida

Counties with the most Suffolk applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 430 0.0%
Hernando County 210 0.0%
Alachua County 211 50.0%
Nassau County 201 50.0%
Duval County 101 100.0%
Marion County 101 100.0%
Lake County 110 0.0%
Manatee County 110 0.0%
Orange County 110 0.0%
Martin 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: 17 applications in 2025, of which 10 were originated and 4 denied.

23.5% 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 Suffolk originated in Florida in 2025 was 6.12%, against a statewide median of 6.63%.

About this data. Figures are Suffolk'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