Vanderbilt Mortgage and Finance · Florida · 2025

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

Vanderbilt Mortgage and Finance took 4,179 mortgage applications in Florida in 2025, ranking #51 of 1,993 lenders active in the state. It originated 20.2% of them and denied 35.0% (61.0% of the applications it decided), against a statewide denial rate of 21.1%.

4.2kApplicationsin FL
61.0%Decision denial ratestate 27.2%
5.63%Median ratestate 6.63%
$135,000Median loanstate $255,000
$223MVolume67 counties

Vanderbilt Mortgage and Finance in Florida vs the state

35.0%Denial rate+13.95 pts vs state
61.0%Decision denial rate+33.72 pts vs state
20.2%Origination rate-32.49 pts vs state
5.63%Median rate-1.00 pts vs state
-0.33Rate spread (pts)-0.60 pts vs state
$68kMedian applicant income
844Loans originated
1,463Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,26994937.0%6.63%#43
20244,7911,02336.1%6.00%#46
20254,17984435.0%5.63%#51

What Vanderbilt Mortgage and Finance lends in Florida

By loan purpose

Home purchase 4,166 100% · 35.1% denied
Refinance 3 0% · 0.0% denied
Cash-out refinance 10 0% · 0.0% denied

By loan type

Conventional 3,704 89% · 39.4% denied
FHA 394 9% · 0.8% denied
VA 75 2% · 1.3% denied
USDA / RHS 6 0% · 16.7% denied

Why it denied Florida applicants

Credit history 674 46%
Unverifiable information 452 31%
Debt-to-income ratio 327 22%
Incomplete application 9 1%
Employment history 1 0%

Where in Florida

Counties with the most Vanderbilt Mortgage and Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 47427773 15.4%
Marion County 30458101 33.2%
Santa Rosa County 2482974 29.8%
Bay County 1902273 38.4%
Osceola County 18911634 18.0%
Hillsborough County 1825660 33.0%
Putnam County 162883 51.2%
Leon County 1541261 39.6%
Okaloosa County 1211730 24.8%
Pinellas County 1211260 49.6%

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: 4,179 applications in 2025, of which 844 were originated and 1,463 denied.

35.0% of all applications, or 61.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Vanderbilt Mortgage and Finance originated in Florida in 2025 was 5.63%, against a statewide median of 6.63%.

About this data. Figures are Vanderbilt Mortgage and Finance'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