Veritas Funding in Florida vs the state
11.8%Denial rate-9.30 pts vs state
20.9%Decision denial rate-6.31 pts vs state
39.9%Origination rate-12.82 pts vs state
5.99%Median rate-0.63 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$73kMedian applicant income
61Loans originated
18Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 368 | 92 | 5.4% | 6.63% | #282 |
| 2024 | 216 | 69 | 8.3% | 6.25% | #364 |
| 2025 | 153 | 61 | 11.8% | 5.99% | #415 |
What Veritas Funding lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Veritas Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 13 | 5 | 1 | 7.7% |
| Hillsborough County | 12 | 6 | 1 | 8.3% |
| Lake County | 10 | 2 | 2 | 20.0% |
| Broward County | 9 | 1 | 2 | 22.2% |
| Polk County | 8 | 1 | 1 | 12.5% |
| Duval County | 8 | 3 | 3 | 37.5% |
| Pasco County | 6 | 3 | 1 | 16.7% |
| St. Lucie County | 6 | 3 | 0 | 0.0% |
| Marion County | 5 | 3 | 1 | 20.0% |
| Volusia County | 5 | 2 | 1 | 20.0% |
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: 153 applications in 2025, of which 61 were originated and 18 denied.
11.8% of all applications, or 20.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Veritas Funding originated in Florida in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Veritas Funding'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