Teachers Federal Credit Union · Florida · 2025

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

Teachers Federal Credit Union took 132 mortgage applications in Florida in 2025, ranking #439 of 1,993 lenders active in the state. It originated 41.7% of them and denied 15.2% (26.3% of the applications it decided), against a statewide denial rate of 21.1%.

132Applicationsin FL
26.3%Decision denial ratestate 27.2%
6.25%Median ratestate 6.63%
$140,000Median loanstate $255,000
$25MVolume25 counties

Teachers Federal Credit Union in Florida vs the state

15.2%Denial rate-5.91 pts vs state
26.3%Decision denial rate-0.92 pts vs state
41.7%Origination rate-11.02 pts vs state
6.25%Median rate-0.38 pts vs state
0.51Rate spread (pts)+0.25 pts vs state
$114kMedian applicant income
55Loans originated
20Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232051088.8%6.50%#379
2024146838.9%7.74%#426
20251325515.2%6.25%#439

What Teachers Federal Credit Union lends in Florida

By loan purpose

Home purchase 28 21% · 14.3% denied
Refinance 14 11% · 14.3% denied
Cash-out refinance 32 24% · 28.1% denied
Other / HELOC 58 44% · 8.6% denied

By loan type

Conventional 128 97% · 14.8% denied
FHA 3 2% · 33.3% denied
VA 1 1% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 12 60%
Credit history 4 20%
Collateral 3 15%
Other 1 5%

Where in Florida

Counties with the most Teachers Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 2254 18.2%
Palm Beach County 1774 23.5%
Collier County 1342 15.4%
Broward County 1374 30.8%
Miami-Dade County 1142 18.2%
Pinellas County 840 0.0%
Pasco County 751 14.3%
St. Lucie County 611 16.7%
Volusia County 400 0.0%
Lee County 410 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: 132 applications in 2025, of which 55 were originated and 20 denied.

15.2% of all applications, or 26.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Teachers Federal Credit Union originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Teachers Federal 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