Summit Credit Union in Florida vs the state
13.0%Denial rate-8.02 pts vs state
15.8%Decision denial rate-11.45 pts vs state
56.5%Origination rate+3.83 pts vs state
6.25%Median rate-0.38 pts vs state
-0.26Rate spread (pts)-0.53 pts vs state
$168kMedian applicant income
13Loans originated
3Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 49 | 27 | 14.3% | 6.50% | #633 |
| 2024 | 23 | 15 | 13.0% | 6.06% | #735 |
| 2025 | 23 | 13 | 13.0% | 6.25% | #740 |
What Summit Credit Union lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Summit Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Collier County | 3 | 2 | 0 | 0.0% |
| Orange County | 3 | 0 | 2 | 66.7% |
| Manatee County | 2 | 1 | 0 | 0.0% |
| Broward County | 2 | 1 | 1 | 50.0% |
| Sarasota County | 2 | 2 | 0 | 0.0% |
| Lee County | 1 | 0 | 0 | 0.0% |
| Pinellas County | 1 | 0 | 0 | 0.0% |
| Sumter County | 1 | 1 | 0 | 0.0% |
| Pasco County | 1 | 1 | 0 | 0.0% |
| Leon County | 1 | 0 | 0 | 0.0% |
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: 23 applications in 2025, of which 13 were originated and 3 denied.
13.0% of all applications, or 15.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Summit Credit Union originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Summit 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