Suncoast Credit Union · Florida · 2025

Suncoast Credit Union in Florida: approval rate, denial rate and rates (2025)

Suncoast Credit Union took 12,829 mortgage applications in Florida in 2025, ranking #15 of 1,993 lenders active in the state. It originated 65.2% of them and denied 19.7% (23.0% of the applications it decided), against a statewide denial rate of 21.1%.

13kApplicationsin FL
23.0%Decision denial ratestate 27.2%
7.25%Median ratestate 6.63%
$95,000Median loanstate $255,000
$1.3BVolume57 counties

Suncoast Credit Union in Florida vs the state

19.7%Denial rate-1.35 pts vs state
23.0%Decision denial rate-4.24 pts vs state
65.2%Origination rate+12.51 pts vs state
7.25%Median rate+0.63 pts vs state
0.21Rate spread (pts)-0.06 pts vs state
$92kMedian applicant income
8,364Loans originated
2,528Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314,4547,47032.2%8.25%#10
202411,7137,07824.4%8.50%#18
202512,8298,36419.7%7.25%#15

What Suncoast Credit Union lends in Florida

By loan purpose

Home purchase 2,704 21% · 10.5% denied
Refinance 1,343 10% · 19.1% denied
Cash-out refinance 800 6% · 26.5% denied
Home improvement 3,399 26% · 21.4% denied
Other / HELOC 4,583 36% · 22.9% denied

By loan type

Conventional 12,829 100% · 19.7% denied

Why it denied Florida applicants

Credit history 892 35%
Debt-to-income ratio 734 29%
Collateral 609 24%
Other 204 8%
Unverifiable information 32 1%
Incomplete application 27 1%
Employment history 15 1%
Insufficient cash 15 1%

Where in Florida

Counties with the most Suncoast Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 2,7661,862540 19.5%
Lee County 2,5821,656507 19.6%
Pasco County 1,283854235 18.3%
Collier County 951612193 20.3%
Hernando County 731499146 20.0%
Manatee County 642441103 16.0%
Pinellas County 588390102 17.3%
Sarasota County 587374109 18.6%
Charlotte County 57238599 17.3%
Citrus County 571379101 17.7%

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: 12,829 applications in 2025, of which 8,364 were originated and 2,528 denied.

19.7% of all applications, or 23.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Suncoast Credit Union originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Suncoast 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