Largest mortgage lenders in Florida
By applications received in 2025. Grade is the lender's national grade.
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | United Shore Financial Services | B | 71,405 | 49,897 | 15.3% | 6.44% |
| 2 | Rocket Mortgage | C | 46,611 | 31,530 | 21.0% | 6.63% |
| 3 | Bank of America | F | 23,634 | 7,938 | 37.7% | 6.24% |
| 4 | Pennymac Loan Services | C | 19,516 | 9,704 | 14.1% | 6.50% |
| 5 | Navy Federal Credit Union | D | 19,452 | 8,416 | 23.2% | 7.59% |
| 6 | Crosscountry Mortgage | B | 19,103 | 11,987 | 5.2% | 6.75% |
| 7 | Newrez | D | 17,519 | 5,643 | 22.4% | 6.75% |
| 8 | Dhi Mortgage Company | B | 16,661 | 11,582 | 14.5% | 4.88% |
| 9 | Lennar Mortgage | A | 14,984 | 10,692 | 21.0% | 4.75% |
| 10 | Truist Bank | C | 14,140 | 6,117 | 41.5% | 6.60% |
| 11 | Regions Bank | C | 14,062 | 5,826 | 39.5% | 5.38% |
| 12 | Mortgage Research Center | C | 14,057 | 5,506 | 21.2% | 6.25% |
| 13 | Loandepot.Com | D | 13,189 | 7,460 | 25.2% | 6.50% |
| 14 | Freedom Mortgage | B | 13,067 | 5,374 | 10.6% | 6.25% |
| 15 | Suncoast Credit Union | C | 12,829 | 8,364 | 19.7% | 7.25% |
| 16 | Coastal Community Bank | C | 12,416 | 2,383 | 2.3% | 9.99% |
| 17 | Space Coast Credit Union | C | 12,006 | 5,900 | 30.0% | 5.50% |
| 18 | 21st Mortgage | F | 11,601 | 2,098 | 49.0% | 9.61% |
| 19 | JPMorgan Chase Bank | B | 11,222 | 6,131 | 14.3% | 6.49% |
| 20 | Spring Eq | D | 11,190 | 2,675 | 55.9% | 9.20% |
| 21 | Broker Solutions | D | 10,391 | 3,881 | 10.8% | 6.75% |
| 22 | Midflorida | C | 9,125 | 3,721 | 43.4% | 6.38% |
| 23 | A&D Mortgage | C | 8,739 | 5,245 | 9.5% | 6.99% |
| 24 | Fifth Third Bank | D | 8,554 | 3,553 | 36.2% | 7.65% |
| 25 | Lakeview Loan Servicing | C | 8,363 | 1,490 | 56.3% | 6.50% |
Best approval odds in Florida
Lowest decision denial rate among lenders that decided at least 300 Florida applications in 2025.
| # | Lender | Decided | Decision denial rate | Median rate |
|---|---|---|---|---|
| 1 | 212 Loans, LLC. | 351 | 0.0% | 11.99% |
| 2 | Dominion Financial Services | 436 | 0.0% | 9.50% |
| 3 | Easy Street Capital | 590 | 0.0% | 9.90% |
| 4 | Rf Renovo Management Company | 626 | 0.3% | 9.50% |
| 5 | Velocity Commercial Capital | 537 | 0.6% | 9.87% |
| 6 | My Mortgage | 795 | 2.0% | 6.75% |
| 7 | ServisFirst Bank | 439 | 2.7% | 6.63% |
| 8 | The Mortgage Firm | 3,162 | 2.8% | 6.75% |
| 9 | Loanpeople | 444 | 2.9% | 6.50% |
| 10 | M/i Financial | 1,458 | 3.3% | 5.50% |
Lowest median rates in Florida
Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.
| # | Lender | Priced loans | Median rate | Denial rate |
|---|---|---|---|---|
| 1 | Trailblazer Mortgage | 712 | 3.99% | 4.2% |
| 2 | Homeamerican Mortgage | 614 | 4.63% | 15.1% |
| 3 | Lennar Mortgage | 10,681 | 4.75% | 21.0% |
| 4 | Inspire Home Loans | 896 | 4.88% | 17.9% |
| 5 | Dhi Mortgage Company | 11,375 | 4.88% | 14.5% |
| 6 | Park Square Home Mortgage | 201 | 4.99% | 6.9% |
| 7 | First Heritage Mortgage | 595 | 4.99% | 6.1% |
| 8 | Coastal Loans | 809 | 4.99% | 5.3% |
| 9 | Jet Homeloans | 1,265 | 4.99% | 3.1% |
| 10 | Grace Home Lending | 105 | 5.25% | 0.0% |
What Florida borrowers applied for
By loan purpose
By loan type
Denial rate by applicant income
Why Florida applications were denied
Florida mortgage market by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan | Lenders |
|---|---|---|---|---|---|---|
| 2023 | 908,973 | 465,946 | 23.5% | 6.88% | $235,000 | 2,177 |
| 2024 | 917,801 | 476,451 | 22.6% | 6.88% | $245,000 | 2,015 |
| 2025 | 931,897 | 491,046 | 21.1% | 6.63% | $255,000 | 1,993 |
Florida counties
Counties with at least 200 applications in 2025, most active first.
Frequently asked questions
21.1% of mortgage applications in Florida were denied in 2025 (27.2% of applications that reached a decision). Nationally the rate was 18.0%.
United Shore Financial Services handled the most applications in Florida in 2025: 71,405, with a denial rate of 15.3%.
Among lenders that decided at least 300 applications in Florida, 212 Loans, LLC. had the lowest decision denial rate at 0.0%.
The median interest rate on loans originated in Florida in 2025 was 6.63%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.