VELOCITY COMMUNITY Federal Credit Union in Florida vs the state
31.9%Denial rate+10.85 pts vs state
35.4%Decision denial rate+8.19 pts vs state
57.5%Origination rate+4.76 pts vs state
—Median rate
—Rate spread (pts)
$130kMedian applicant income
162Loans originated
90Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 397 | 194 | 44.6% | — | #266 |
| 2024 | 342 | 161 | 46.2% | — | #293 |
| 2025 | 282 | 162 | 31.9% | — | #318 |
What VELOCITY COMMUNITY Federal Credit Union lends in Florida
By loan purpose
By loan type
Where in Florida
Counties with the most VELOCITY COMMUNITY Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 220 | 131 | 64 | 29.1% |
| St. Lucie County | 26 | 14 | 11 | 42.3% |
| Martin County | 24 | 10 | 10 | 41.7% |
| Broward County | 7 | 4 | 3 | 42.9% |
| Indian River County | 1 | 1 | 0 | 0.0% |
| Orange County | 1 | 0 | 1 | 100.0% |
| Okeechobee County | 1 | 1 | 0 | 0.0% |
| Volusia County | 1 | 1 | 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: 282 applications in 2025, of which 162 were originated and 90 denied.
31.9% of all applications, or 35.4% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are VELOCITY COMMUNITY Federal 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