Summit Mortgage in Florida vs the state
4.5%Denial rate-16.60 pts vs state
5.9%Decision denial rate-21.39 pts vs state
71.0%Origination rate+18.31 pts vs state
6.75%Median rate+0.13 pts vs state
0.41Rate spread (pts)+0.14 pts vs state
$110kMedian applicant income
191Loans originated
12Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 417 | 280 | 6.7% | 6.75% | #256 |
| 2024 | 245 | 164 | 6.9% | 7.00% | #347 |
| 2025 | 269 | 191 | 4.5% | 6.75% | #324 |
What Summit Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Summit Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Collier County | 93 | 75 | 1 | 1.1% |
| Duval County | 64 | 42 | 4 | 6.3% |
| Lee County | 42 | 35 | 1 | 2.4% |
| Lake County | 12 | 8 | 0 | 0.0% |
| Leon County | 7 | 3 | 3 | 42.9% |
| Clay County | 7 | 4 | 0 | 0.0% |
| Orange County | 6 | 4 | 0 | 0.0% |
| Volusia County | 5 | 1 | 1 | 20.0% |
| Marion County | 4 | 2 | 0 | 0.0% |
| St. Johns County | 3 | 1 | 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: 269 applications in 2025, of which 191 were originated and 12 denied.
4.5% of all applications, or 5.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Summit Mortgage originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Summit 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