Valley National Bank in Florida vs the state
20.8%Denial rate-0.28 pts vs state
23.4%Decision denial rate-3.84 pts vs state
63.9%Origination rate+11.16 pts vs state
6.49%Median rate-0.13 pts vs state
-0.07Rate spread (pts)-0.34 pts vs state
$189kMedian applicant income
507Loans originated
165Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,189 | 734 | 15.6% | 6.75% | #132 |
| 2024 | 780 | 496 | 19.1% | 7.13% | #179 |
| 2025 | 794 | 507 | 20.8% | 6.49% | #181 |
What Valley National Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Valley National Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Broward County | 123 | 79 | 26 | 21.1% |
| Palm Beach County | 119 | 71 | 31 | 26.1% |
| Hillsborough County | 117 | 91 | 11 | 9.4% |
| Pinellas County | 108 | 72 | 23 | 21.3% |
| Miami-Dade County | 74 | 35 | 22 | 29.7% |
| Lee County | 27 | 20 | 3 | 11.1% |
| Sarasota County | 24 | 14 | 6 | 25.0% |
| Brevard County | 23 | 18 | 2 | 8.7% |
| Collier County | 23 | 16 | 3 | 13.0% |
| St. Johns County | 19 | 14 | 2 | 10.5% |
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: 794 applications in 2025, of which 507 were originated and 165 denied.
20.8% of all applications, or 23.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Valley National Bank originated in Florida in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Valley National 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