Synovus Bank in Florida vs the state
28.4%Denial rate+7.30 pts vs state
32.5%Decision denial rate+5.25 pts vs state
55.5%Origination rate+2.85 pts vs state
7.25%Median rate+0.63 pts vs state
0.46Rate spread (pts)+0.19 pts vs state
$125kMedian applicant income
752Loans originated
384Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,478 | 1,269 | 31.7% | 8.35% | #73 |
| 2024 | 1,713 | 889 | 31.2% | 8.13% | #98 |
| 2025 | 1,354 | 752 | 28.4% | 7.25% | #122 |
What Synovus Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Synovus Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 126 | 84 | 27 | 21.4% |
| Escambia County | 121 | 71 | 27 | 22.3% |
| Santa Rosa County | 117 | 73 | 32 | 27.4% |
| Pinellas County | 89 | 48 | 21 | 23.6% |
| Okaloosa County | 78 | 39 | 24 | 30.8% |
| Lee County | 73 | 41 | 22 | 30.1% |
| Palm Beach County | 61 | 25 | 25 | 41.0% |
| Miami-Dade County | 58 | 26 | 19 | 32.8% |
| Pasco County | 56 | 40 | 12 | 21.4% |
| Orange County | 55 | 29 | 20 | 36.4% |
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: 1,354 applications in 2025, of which 752 were originated and 384 denied.
28.4% of all applications, or 32.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Synovus Bank originated in Florida in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Synovus Bank'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