Towne Mortgage in Florida vs the state
3.6%Denial rate-17.50 pts vs state
4.2%Decision denial rate-23.01 pts vs state
70.7%Origination rate+18.01 pts vs state
6.25%Median rate-0.38 pts vs state
0.10Rate spread (pts)-0.17 pts vs state
$104kMedian applicant income
695Loans originated
35Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 724 | 415 | 8.0% | 6.63% | #187 |
| 2024 | 871 | 588 | 5.2% | 6.63% | #169 |
| 2025 | 983 | 695 | 3.6% | 6.25% | #155 |
What Towne Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Towne Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Broward County | 111 | 68 | 7 | 6.3% |
| Miami-Dade County | 75 | 32 | 4 | 5.3% |
| Leon County | 62 | 41 | 0 | 0.0% |
| Okaloosa County | 61 | 56 | 1 | 1.6% |
| Duval County | 58 | 43 | 2 | 3.4% |
| Bay County | 45 | 35 | 0 | 0.0% |
| Hillsborough County | 43 | 34 | 1 | 2.3% |
| Palm Beach County | 30 | 23 | 1 | 3.3% |
| St. Lucie County | 28 | 24 | 1 | 3.6% |
| Orange County | 27 | 12 | 0 | 0.0% |
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: 983 applications in 2025, of which 695 were originated and 35 denied.
3.6% of all applications, or 4.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Towne Mortgage originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Towne 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