US Mortgage · Florida · 2025

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

US Mortgage took 64 mortgage applications in Florida in 2025, ranking #564 of 1,993 lenders active in the state. It originated 73.4% of them and denied 6.3% (7.8% of the applications it decided), against a statewide denial rate of 21.1%.

64Applicationsin FL
7.8%Decision denial ratestate 27.2%
7.00%Median ratestate 6.63%
$350,000Median loanstate $255,000
$19MVolume24 counties

US Mortgage in Florida vs the state

6.3%Denial rate-14.81 pts vs state
7.8%Decision denial rate-19.40 pts vs state
73.4%Origination rate+20.75 pts vs state
7.00%Median rate+0.38 pts vs state
0.65Rate spread (pts)+0.38 pts vs state
$136kMedian applicant income
47Loans originated
4Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023209817.7%6.63%#375
2024158679.5%6.93%#415
202564476.3%7.00%#564

What US Mortgage lends in Florida

By loan purpose

Home purchase 51 80% · 5.9% denied
Refinance 2 3% · 0.0% denied
Cash-out refinance 11 17% · 9.1% denied

By loan type

Conventional 50 78% · 8.0% denied
FHA 11 17% · 0.0% denied
VA 3 5% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 1 25%
Other 1 25%
Insufficient cash 1 25%
Collateral 1 25%

Where in Florida

Counties with the most US Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 25191 4.0%
Walton County 540 0.0%
St. Lucie County 430 0.0%
Pasco County 330 0.0%
Hillsborough County 330 0.0%
Osceola County 211 50.0%
Seminole County 201 50.0%
Martin County 220 0.0%
Sarasota County 210 0.0%
Orange 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: 64 applications in 2025, of which 47 were originated and 4 denied.

6.3% of all applications, or 7.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans US Mortgage originated in Florida in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are US 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