Union Savings Bank · Florida · 2025

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

Union Savings Bank took 166 mortgage applications in Florida in 2025, ranking #404 of 1,993 lenders active in the state. It originated 76.5% of them and denied 6.0% (7.1% of the applications it decided), against a statewide denial rate of 21.1%.

166Applicationsin FL
7.1%Decision denial ratestate 27.2%
7.00%Median ratestate 6.63%
$485,000Median loanstate $255,000
$89MVolume35 counties

Union Savings Bank in Florida vs the state

6.0%Denial rate-15.04 pts vs state
7.1%Decision denial rate-20.15 pts vs state
76.5%Origination rate+23.82 pts vs state
7.00%Median rate+0.38 pts vs state
0.55Rate spread (pts)+0.28 pts vs state
$238kMedian applicant income
127Loans originated
10Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231951439.2%6.50%#387
20241511055.3%7.25%#421
20251661276.0%7.00%#404

What Union Savings Bank lends in Florida

By loan purpose

Home purchase 124 75% · 5.7% denied
Refinance 20 12% · 15.0% denied
Cash-out refinance 9 5% · 0.0% denied
Home improvement 5 3% · 0.0% denied
Other / HELOC 8 5% · 0.0% denied

By loan type

Conventional 160 96% · 5.6% denied
FHA 3 2% · 33.3% denied
VA 3 2% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 7 70%
Collateral 2 20%
Credit history 1 10%

Where in Florida

Counties with the most Union Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 23190 0.0%
Pinellas County 1582 13.3%
Palm Beach County 14122 14.3%
Hillsborough County 13101 7.7%
Sarasota County 1390 0.0%
Sumter County 12110 0.0%
Collier County 980 0.0%
Orange County 750 0.0%
Charlotte County 640 0.0%
Santa Rosa County 540 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: 166 applications in 2025, of which 127 were originated and 10 denied.

6.0% of all applications, or 7.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Union Savings Bank originated in Florida in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Union Savings 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