Swbc Mortgage · Florida · 2025

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

Swbc Mortgage took 469 mortgage applications in Florida in 2025, ranking #247 of 1,993 lenders active in the state. It originated 70.2% of them and denied 4.1% (5.3% of the applications it decided), against a statewide denial rate of 21.1%.

469Applicationsin FL
5.3%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$295,000Median loanstate $255,000
$111MVolume40 counties

Swbc Mortgage in Florida vs the state

4.1%Denial rate-17.01 pts vs state
5.3%Decision denial rate-21.99 pts vs state
70.2%Origination rate+17.46 pts vs state
6.63%Median rate0.00 pts vs state
0.22Rate spread (pts)-0.05 pts vs state
$104kMedian applicant income
329Loans originated
19Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1538545.2%6.75%#136
20241,0948293.7%6.63%#143
20254693294.1%6.63%#247

What Swbc Mortgage lends in Florida

By loan purpose

Home purchase 413 88% · 3.4% denied
Refinance 33 7% · 12.1% denied
Cash-out refinance 18 4% · 0.0% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 338 72% · 4.1% denied
FHA 93 20% · 3.2% denied
VA 38 8% · 5.3% denied

Why it denied Florida applicants

Debt-to-income ratio 7 37%
Collateral 6 32%
Other 3 16%
Employment history 2 11%
Unverifiable information 1 5%

Where in Florida

Counties with the most Swbc Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Duval County 143972 1.4%
Palm Beach County 87587 8.0%
Brevard County 33240 0.0%
Clay County 27170 0.0%
St. Lucie County 25173 12.0%
Miami-Dade County 23153 13.0%
St. Johns County 15131 6.7%
Polk County 15120 0.0%
Broward County 14130 0.0%
Escambia County 1180 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: 469 applications in 2025, of which 329 were originated and 19 denied.

4.1% of all applications, or 5.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are Swbc 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