Velocity Commercial Capital in Florida vs the state
0.3%Denial rate-20.75 pts vs state
0.6%Decision denial rate-26.68 pts vs state
51.4%Origination rate-1.26 pts vs state
9.87%Median rate+3.24 pts vs state
—Rate spread (pts)
—Median applicant income
504Loans originated
3Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 592 | 321 | 0.5% | 10.62% | #210 |
| 2024 | 695 | 368 | 1.0% | 10.62% | #194 |
| 2025 | 980 | 504 | 0.3% | 9.87% | #157 |
What Velocity Commercial Capital lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Velocity Commercial Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 217 | 110 | 1 | 0.5% |
| Broward County | 106 | 54 | 1 | 0.9% |
| Palm Beach County | 71 | 30 | 0 | 0.0% |
| Duval County | 62 | 37 | 0 | 0.0% |
| Orange County | 57 | 35 | 0 | 0.0% |
| Hillsborough County | 56 | 29 | 0 | 0.0% |
| Lee County | 43 | 21 | 0 | 0.0% |
| Volusia County | 30 | 12 | 0 | 0.0% |
| St. Lucie County | 27 | 11 | 0 | 0.0% |
| Pinellas County | 27 | 18 | 0 | 0.0% |
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: 980 applications in 2025, of which 504 were originated and 3 denied.
0.3% of all applications, or 0.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Velocity Commercial Capital originated in Florida in 2025 was 9.87%, against a statewide median of 6.63%.
About this data. Figures are Velocity Commercial Capital'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