T2 Financial in Florida vs the state
7.7%Denial rate-13.36 pts vs state
8.7%Decision denial rate-18.53 pts vs state
74.3%Origination rate+21.65 pts vs state
6.88%Median rate+0.25 pts vs state
0.52Rate spread (pts)+0.25 pts vs state
$113kMedian applicant income
869Loans originated
90Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 341 | 199 | 13.8% | 7.00% | #289 |
| 2024 | 741 | 516 | 8.1% | 6.88% | #185 |
| 2025 | 1,169 | 869 | 7.7% | 6.88% | #138 |
What T2 Financial lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most T2 Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Broward County | 216 | 154 | 24 | 11.1% |
| Palm Beach County | 131 | 99 | 7 | 5.3% |
| Brevard County | 101 | 69 | 3 | 3.0% |
| Sarasota County | 85 | 69 | 6 | 7.1% |
| Bay County | 57 | 37 | 7 | 12.3% |
| Hillsborough County | 53 | 41 | 6 | 11.3% |
| Manatee County | 50 | 40 | 3 | 6.0% |
| Indian River County | 44 | 34 | 2 | 4.5% |
| Orange County | 42 | 33 | 3 | 7.1% |
| St. Lucie County | 41 | 32 | 2 | 4.9% |
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: 1,169 applications in 2025, of which 869 were originated and 90 denied.
7.7% of all applications, or 8.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans T2 Financial originated in Florida in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are T2 Financial'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