The Union Bank · Florida · 2025

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

The Union Bank took 17 mortgage applications in Florida in 2025, ranking #797 of 1,993 lenders active in the state. It originated 58.8% of them and denied 17.7% (23.1% of the applications it decided), against a statewide denial rate of 21.1%.

17Applicationsin FL
23.1%Decision denial ratestate 27.2%
Median ratestate 6.63%
$305,000Median loanstate $255,000
$3.0MVolume12 counties

The Union Bank in Florida vs the state

17.7%Denial rate-3.41 pts vs state
23.1%Decision denial rate-4.16 pts vs state
58.8%Origination rate+6.13 pts vs state
Median rate
Rate spread (pts)
$128kMedian applicant income
10Loans originated
3Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321833.3%6.81%#824
202416818.8%6.25%#826
2025171017.7%#797

What The Union Bank lends in Florida

By loan purpose

Home purchase 3 18% · 0.0% denied
Refinance 5 29% · 0.0% denied
Cash-out refinance 7 41% · 42.9% denied
Home improvement 1 6% · 0.0% denied
Other / HELOC 1 6% · 0.0% denied

By loan type

Conventional 12 71% · 8.3% denied
FHA 5 29% · 40.0% denied

Where in Florida

Counties with the most The Union Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sarasota County 211 50.0%
Pinellas County 210 0.0%
Volusia County 220 0.0%
St. Johns County 220 0.0%
Hillsborough County 210 0.0%
Miami-Dade County 100 0.0%
Polk County 101 100.0%
Palm Beach County 110 0.0%
Marion County 110 0.0%
Hernando County 101 100.0%

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: 17 applications in 2025, of which 10 were originated and 3 denied.

17.7% of all applications, or 23.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Union 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