Webster Bank · Florida · 2025

Webster Bank in Florida: approval rate, denial rate and rates (2025)

Webster Bank took 31 mortgage applications in Florida in 2025, ranking #687 of 1,993 lenders active in the state. It originated 45.2% of them and denied 22.6% (31.8% of the applications it decided), against a statewide denial rate of 21.1%.

31Applicationsin FL
31.8%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$235,000Median loanstate $255,000
$7.4MVolume16 counties

Webster Bank in Florida vs the state

22.6%Denial rate+1.52 pts vs state
31.8%Decision denial rate+4.58 pts vs state
45.2%Origination rate-7.53 pts vs state
6.75%Median rate+0.12 pts vs state
0.23Rate spread (pts)-0.04 pts vs state
$166kMedian applicant income
14Loans originated
7Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023784818.0%6.74%#533
2024432137.2%7.33%#628
2025311422.6%6.75%#687

What Webster Bank lends in Florida

By loan purpose

Home purchase 12 39% · 0.0% denied
Refinance 6 19% · 33.3% denied
Cash-out refinance 1 3% · 100.0% denied
Home improvement 6 19% · 50.0% denied
Other / HELOC 6 19% · 16.7% denied

By loan type

Conventional 31 100% · 22.6% denied

Why it denied Florida applicants

Other 5 71%
Debt-to-income ratio 2 29%

Where in Florida

Counties with the most Webster Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Broward County 734 57.1%
Palm Beach County 620 0.0%
Manatee County 430 0.0%
Orange County 202 100.0%
Martin County 100 0.0%
St. Lucie County 110 0.0%
Volusia County 100 0.0%
Polk County 110 0.0%
Charlotte County 101 100.0%
Highlands County 110 0.0%

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: 31 applications in 2025, of which 14 were originated and 7 denied.

22.6% of all applications, or 31.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Webster Bank originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Webster 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