Tyndall Federal Credit Union · Florida · 2025

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

Tyndall Federal Credit Union took 772 mortgage applications in Florida in 2025, ranking #184 of 1,993 lenders active in the state. It originated 60.8% of them and denied 20.9% (25.5% of the applications it decided), against a statewide denial rate of 21.1%.

772Applicationsin FL
25.5%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$90,000Median loanstate $255,000
$63MVolume30 counties

Tyndall Federal Credit Union in Florida vs the state

20.9%Denial rate-0.21 pts vs state
25.5%Decision denial rate-1.77 pts vs state
60.8%Origination rate+8.06 pts vs state
6.63%Median rate0.00 pts vs state
0.29Rate spread (pts)+0.02 pts vs state
$94kMedian applicant income
469Loans originated
161Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,05659426.1%6.75%#143
202497457120.8%6.75%#156
202577246920.9%6.63%#184

What Tyndall Federal Credit Union lends in Florida

By loan purpose

Home purchase 158 20% · 9.5% denied
Refinance 31 4% · 29.0% denied
Cash-out refinance 140 18% · 22.9% denied
Home improvement 264 34% · 23.1% denied
Other / HELOC 179 23% · 24.6% denied

By loan type

Conventional 696 90% · 21.7% denied
FHA 41 5% · 14.6% denied
VA 33 4% · 9.1% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Florida applicants

Debt-to-income ratio 99 61%
Collateral 21 13%
Credit history 20 12%
Other 17 11%
Unverifiable information 3 2%
Employment history 1 1%

Where in Florida

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

CountyApplicationsOriginatedDeniedDenial rate
Bay County 526322112 21.3%
Gulf County 42257 16.7%
Jackson County 42279 21.4%
Washington County 38247 18.4%
Walton County 33199 27.3%
Franklin County 1665 31.3%
Calhoun County 1252 16.7%
Holmes County 1072 20.0%
Leon County 971 11.1%
Okaloosa County 870 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: 772 applications in 2025, of which 469 were originated and 161 denied.

20.9% of all applications, or 25.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

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

About this data. Figures are Tyndall 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