The Equitable Mortgage · Florida · 2025

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

The Equitable Mortgage took 93 mortgage applications in Florida in 2025, ranking #497 of 1,993 lenders active in the state. It originated 68.8% of them and denied 7.5% (9.9% of the applications it decided), against a statewide denial rate of 21.1%.

93Applicationsin FL
9.9%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$375,000Median loanstate $255,000
$26MVolume18 counties

The Equitable Mortgage in Florida vs the state

7.5%Denial rate-13.53 pts vs state
9.9%Decision denial rate-17.38 pts vs state
68.8%Origination rate+16.13 pts vs state
6.63%Median rate0.00 pts vs state
0.23Rate spread (pts)-0.04 pts vs state
$138kMedian applicant income
64Loans originated
7Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202389662.3%6.88%#509
2024133742.3%6.88%#438
202593647.5%6.63%#497

What The Equitable Mortgage lends in Florida

By loan purpose

Home purchase 83 89% · 8.4% denied
Refinance 4 4% · 0.0% denied
Cash-out refinance 6 6% · 0.0% denied

By loan type

Conventional 66 71% · 9.1% denied
FHA 20 22% · 5.0% denied
VA 7 8% · 0.0% denied

Why it denied Florida applicants

Other 3 43%
Debt-to-income ratio 2 29%
Collateral 1 14%
Credit history 1 14%

Where in Florida

Counties with the most The Equitable Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 36246 16.7%
Sarasota County 15111 6.7%
Manatee County 980 0.0%
Palm Beach County 650 0.0%
Collier County 410 0.0%
Pinellas County 430 0.0%
Charlotte County 420 0.0%
Pasco County 310 0.0%
Hillsborough County 210 0.0%
Brevard County 220 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: 93 applications in 2025, of which 64 were originated and 7 denied.

7.5% of all applications, or 9.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are The Equitable 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