TD Bank · Florida · 2025

TD Bank in Florida: approval rate, denial rate and rates (2025)

TD Bank took 6,487 mortgage applications in Florida in 2025, ranking #35 of 1,993 lenders active in the state. It originated 42.0% of them and denied 34.5% (44.8% of the applications it decided), against a statewide denial rate of 21.1%.

6.5kApplicationsin FL
44.8%Decision denial ratestate 27.2%
7.50%Median ratestate 6.63%
$155,000Median loanstate $255,000
$953MVolume58 counties

TD Bank in Florida vs the state

34.5%Denial rate+13.42 pts vs state
44.8%Decision denial rate+17.53 pts vs state
42.0%Origination rate-10.73 pts vs state
7.50%Median rate+0.88 pts vs state
0.45Rate spread (pts)+0.18 pts vs state
$125kMedian applicant income
2,722Loans originated
2,237Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239,2233,97839.4%8.09%#22
20247,6573,26135.5%8.49%#28
20256,4872,72234.5%7.50%#35

What TD Bank lends in Florida

By loan purpose

Home purchase 1,368 21% · 21.7% denied
Refinance 1,193 18% · 29.3% denied
Cash-out refinance 89 1% · 30.3% denied
Home improvement 2,485 38% · 39.0% denied
Other / HELOC 1,352 21% · 43.9% denied

By loan type

Conventional 6,462 100% · 34.5% denied
FHA 19 0% · 47.4% denied
VA 6 0% · 16.7% denied

Why it denied Florida applicants

Debt-to-income ratio 1,359 61%
Credit history 550 25%
Collateral 234 10%
Other 77 3%
Employment history 6 0%
Incomplete application 6 0%
Insufficient cash 4 0%
Unverifiable information 1 0%

Where in Florida

Counties with the most TD Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 1,247439511 41.0%
Palm Beach County 1,057461344 32.5%
Broward County 919336394 42.9%
Orange County 29312187 29.7%
Hillsborough County 24011577 32.1%
Volusia County 22510269 30.7%
Brevard County 2179955 25.3%
St. Lucie County 2168676 35.2%
Pinellas County 1977769 35.0%
Lee County 1406735 25.0%

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: 6,487 applications in 2025, of which 2,722 were originated and 2,237 denied.

34.5% of all applications, or 44.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans TD Bank originated in Florida in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are TD 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