Utilities Employees Credit Union · Florida · 2025

Utilities Employees Credit Union in Florida: approval rate, denial rate and rates (2025)

Utilities Employees Credit Union took 29 mortgage applications in Florida in 2025, ranking #693 of 1,993 lenders active in the state. It originated 51.7% of them and denied 31.0% (37.5% of the applications it decided), against a statewide denial rate of 21.1%.

29Applicationsin FL
37.5%Decision denial ratestate 27.2%
6.74%Median ratestate 6.63%
$95,000Median loanstate $255,000
$1.6MVolume1 counties

Utilities Employees Credit Union in Florida vs the state

31.0%Denial rate+9.97 pts vs state
37.5%Decision denial rate+10.26 pts vs state
51.7%Origination rate-0.97 pts vs state
6.74%Median rate+0.12 pts vs state
0.52Rate spread (pts)+0.25 pts vs state
$100kMedian applicant income
15Loans originated
9Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333269.1%6.99%#717
202445276.7%6.74%#616
2025291531.0%6.74%#693

What Utilities Employees Credit Union lends in Florida

By loan purpose

Home purchase 3 10% · 66.7% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 2 7% · 0.0% denied
Home improvement 8 28% · 12.5% denied
Other / HELOC 15 52% · 40.0% denied

By loan type

Conventional 29 100% · 31.0% denied

Why it denied Florida applicants

Credit history 6 67%
Debt-to-income ratio 2 22%
Employment history 1 11%

Where in Florida

Counties with the most Utilities Employees Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 210 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: 29 applications in 2025, of which 15 were originated and 9 denied.

31.0% of all applications, or 37.5% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Utilities Employees Credit Union originated in Florida in 2025 was 6.74%, against a statewide median of 6.63%.

About this data. Figures are Utilities Employees 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